People & News

Waterfront development on hold

The City of Cape Town has halted R1-billion in developments planned for the Waterfront because, it says, the V&A Waterfront Company is not following the correct approval procedures. Fifteen years ago the city council, Transnet and the Waterfront Company signed a "package of plans" agreement stipulating how land at the harbour would be rezoned and building plans approved. Until now all development has been done in terms of this legislation. Now the council says the Land Use Planning Ordinance approval process has to be followed.

Fifteen years ago Waterfront development was restricted to the harbour edge. Times have changed and with high-rise office blocks and apartments being built close to the city, city officials maintain that the same rezoning applications and building approvals for developments should apply to the Waterfront as they do to the rest of the city.

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