City of cape town

1. CITY OF CAPE TOWN
5 MAY 2021
STATEMENT BY THE EXECUTIVE MAYOR DAN PLATO
R3.9billion V&A Waterfront expansion gives major boost to
ongoing economic recovery in Cape Town
A R3,9billion expansion to the V&A Waterfront’s Canal District has been signed off
by the Executive Mayor Dan Plato. The major infrastructure development will see a
mixed-use development leading to the creation of at least 1100 jobs during the
construction phase. Read more below:
Following the recent approval of the R14bn Harbour Arch Development and the R4bn
River Club development, which together will see roughly 40 000 jobs being created in
Cape Town, the approval today of the V&A Waterfront’s Canal Precinct Plan, will see
another significant boost to job creation for Cape Town.
While the national lockdown had a major impact on cities across the world in 2020, the
City of Cape Town is fully committed to doing everything we can to make sure our local
economy bounces back even stronger than before. With these major infrastructure
developments and the huge job creation opportunities it delivers, it is clear that
investors - both local and international - have confidence in doing business in our city
and this will offer significant benefit to our residents.
Some of the key features of the development:
 The 10,5 hectare Canal District includes expansion projects on either side of
Dock Road and surrounding the existing Battery Park Development. The District
provides the first point of contact for visitors entering the V&A Waterfront from
the city, creating a seamless link to Dock Road in the Waterfront from the CBD.

2.  Building height in certain parts of the extension east of Dock Road will be limited
to 60 meters - this is considered appropriate sensible planning to increase floor
space, given its location in the City Foreshore area, where a number of the tallest
buildings are located.
Appeal process:
The Municipal Planning Tribunal heard oral representations regarding the original
application and amendments were incorporated. The development will be required to
demonstrate compliance with the City’s Tall Building Policy and mitigate any impact on
surrounding buildings in the precinct.
The Executive Mayor confirmed that:
 The proposed development will make a significant positive contribution to the
economy.
 Approval has been granted by Heritage Western Cape after all heritage
indicators have been taken into account.
 The application does not adversely affect the rights of surrounding properties
and appropriate design mitigation will be required in the conditions of approval.
 The development seeks to address any adverse impacts to traffic.
The City’s Integrated Development Plan (IDP) and, the Municipal Spatial Development
Framework (MSDF) promotes the building of an inclusive, integrated and vibrant City to
manage urban growth in a balanced and responsible manner, while improving access to
economic opportunities.
Having considered all relevant legislation, development frameworks and guidelines, this
development is not only beneficial for economic recovery and job creation, but it is also
one of the key nodes within the city. The V&A Waterfront is identified as a location that
will remain an attractive destination for locals and international visitors for decades to
come. Significant and sustained investment by the private sector facilitated by the City
of Cape Town, will ensure the long-term sustainability of Cape Town. The concept is
therefore, approved.