The City of Cape Town has given the green light for a new development that will house Amazon's new African headquarters.
The River Club golf course and conference center in Observatory, which is owned by the Liesbeek Leisure Properties Trust, has been given permission to begin developing the 15-hectare parcel of property.
According to the area, the development would include both market-driven and affordable housing options, with the latter being physically incorporated with the other apartments in the complexes.
“The planned mixed-use development will be a significant boost to the economy and the people of Cape Town in the aftermath of the national Covid-19 lockdown,” said City mayor Dan Plato
“The city has carefully and thoroughly considered all of the submissions and concerns during the appeal process. We are acutely aware of the need to balance investment and job creation, along with heritage and planning considerations.
“It is clear that this development offers many economic, social and environmental benefits for the area. We are committed to driving investment to revitalise the economy, which is slowly recovering following the impact of Covid-19,” said Plato.
The plan will be carried out in stages, with construction expected to take three to five years.