Work has started on a major new development next door to the DHL Stadium in Green Point, Cape Town. Taking up the last major piece of undeveloped land in the area, on the corner of Granger Bay Blvd and Fritz Sonnenburg Rd across from McDonald’s, it will be known as The Granger.
The development is supported by the City of Cape Town. And is a joint venture between the Devmark Property Group and the Feenstra Group, reports Engineering News. Following its development for the 2010 FIFA World Cup, the longevity of the DHL Stadium has long been a matter of concern for city officials.
DHL STADIUM NEXT-DOOR DEVELOPMENT
However, the new development’s mix of hospitality, retail and office space could be just what DHL Stadium needs. The city’s MMC for Economic Growth, James Vos, called the development an exciting project to transform that part of the city into a vibrant, connected precinct.
“We worked hard to facilitate this transaction next to DHL Stadium. Because it’s exactly the kind of development that brings Cape Town’s economic strategy to life. It is one that will create jobs, attract investment and support small businesses,” says Vos.
HOTELS, APARTMENTS, RETAIL AND OFFICE SPACE
The jewel of the development will be an international hotel with 190 rooms. There will also be 200 apartments, 3 000 square metres of retail space and 14 000 square metres of office space. And a large portion of the latter will be considered top-notch A-grade office space, perfect for large multinationals.
However, residents in the area are in for a tough time. Construction adjacent to the DHL Stadium starts before the festive season. And is expected to continue right through 2026 and 2027. With an earliest completion date targeted for early 2028.
ADJACENT GROWTH TO DHL STADIUM
Hosting major sporting, concert and trade events, DHL Stadium currently attracts around 1.2-million visitors annually. And developers believe the project will act as an extension of the area’s existing activity and complement the site.
“DHL Stadium is already a major asset for the city, but presently feels a bit isolated. Our goal is for this project to complement the stadium. As such, we have been intentional in our design approach, aiming to create a vibrant, year-round destination. Our hope is The Granger will boost Cape Town’s profile on the global stage further still,” concludes Pieter Feenstra
But what do you think? Is a major development next to DHL Stadium in Green Point, Cape Town, what the city should be working on? Or should more be done for low-income housing for the poor? Let us know in the comments section below …
