The Western Cape Government is now accepting bids for a new multi-billion rand development that will completely change the Conradie Hospital area of Pinelands. This area covers 22 hectares. In Cape Town’s notoriously expensive property market, this development aims to shift the focus to affordable housing. The City plans to have just under half of the units to be built as subsidised housing.
The space has been earmarked for redevelopment for years now, but approval to rezone the area was only granted in 2017 after Western Cape Government announced plans to implement more affordable housing.
The provincial government’s bid notice says the project is one of seven “Game Changers” for the province, as part of the Better Living Model, and proposes that the 22 hectares be rezoned into a more integrated, sustainable and affordable mixed-use neighborhood.
The development is expected to take five to seven years to complete, and is reported to cost upwards of R6-billion. The project will be completed through a partnership between the private sector and Western Cape Government.
The development will feature:
– Up to 350,000 square metres
– Phase 1 maximum floor space of 128,100 square metres
– Phase 2 maximum floor space 121,000 square metres
– Maximum of 3,605 Units: 49% subsidised rental and ownership + 51% open market. Grant funded housing must comprise: 70% Social Housing; and maximum of 10% Rent-to-buy with the balance comprising Finance Linked Individual Subsidy Programme (FLISP)
– Retail space of ±10,000 square metres
– Commercial space of ±15,000 square metres
– The sum of non-residential floor space must be less than 20% of the total
– Minimum 0.5 parking bays per residential unit, and 4 bays per 100 square metres for retail and office uses. Up to 90% of retail and office bays may be shared with residential
– According to the bid call, the project will be delivered over at least two phases, and must include the infrastructure changes included in the City’s plans
Bidders will have up to 21 May to submit their proposals. Western Cape Government expects to announce the winning bid before the end of the year.
Picture: Western Cape Government