Trillions of rands being spent to develop the Cape Town CBD
Category Commerical Property News
Cape Town is one of the most breathtaking and beautiful destinations on planet earth, hence it has often been voted as one of the world's most regarded travel destinations. Besides for it being a mecca for tourists, explorers and anyone looking for a little bit of fun and excitement. It's also well known for its commercial development as well, and according to an article published off businesstech.co.za entitled "An insane 25 developments are in the pipeline for Cape Town CBD - here are the ones you should know about", the central business district of Cape Town is teeming with various exciting new developments set to put the city even further on the commercial map. This coupled with some fantastic infrastructure, great residential options, nightlife, nature in abundance and great places to travel nearby make Cape Town worthwhile for business owners and employees alike.
"According to the report over 48 developments were in the pipeline in that area in 2017 adding to a conservative investment value of R14.2 trillion, with approximately 13 of these developments completed last year." -businesstech.co.za.
This shows that Cape Town is centrally on the rise and will continue to bear fruit within the next coming years and months. According to the same article, some of the more prominent ones include Cullinan Street, The Vogue, The Modern and 35 Lower Long Street. These pivotal projects show that Cape Town is very much still the leader in terms of retail development. Most of these exciting new buildings and constructions are set to be ready within the next few years and are seen to have great spin-offs for the rest of the city as well, yet most notably the commercial property market.
Some of these new buildings also boast impressive architecture by leading designers and architects. 35 Lower Long Street is one such building that is set to add a little bit of sophistication to the already well-known street. "The building has been designed by Dhk Architects, and features a 'glazed facade', where the two main corners of the building are cut away and sloped towards the roof line, breaking the solidity of the building". -businesstech.co.za
Other companies agree, one such company is the leading commercial property specialists OfficePlace who for some time now have had a keen interest in the Cape Town and Western Cape region. The leading brand currently has over 50 available listed commercial offices and properties for rental throughout the Cape Town expanse. Which all range in price and size to suit anyone's taste and budget. Many prominent companies and businesses call Cape Town home for its history, heritage and positioning next to one of the natural wonders of the world Table Mountain. With literally trillions of rands being invested in the region, it really is a prime location for any real estate development.
With so much development happening in and around the central business district of Cape Town it would seem that there really couldn't be a better time to get involved. Why go through the hassle of finding an office place on your own? Why not use the best in the commercial real estate business? OfficePlace have the experience and expertise to make your move to the central areas of Cape Town as easy and as pain-free as possible. There is a reason why this part of the world is so popular and regarded and also why so much development is taking place. Be a part of this development. Get on the phone today and start your next commercial office adventure in one of Africa's and the world's most happening place. Make the best choice possible for your business with OfficePlace.
Author: OfficePlace Property Specialists
