{"id":81031,"date":"2016-10-28T01:53:16","date_gmt":"2016-10-27T23:53:16","guid":{"rendered":"http:\/\/www.myza.co.za\/cape-towns-voortrekker-road-corridor-regeneration-project-showcased-at-african-real-estate-infrastructure-summit-next-week\/"},"modified":"2016-10-28T01:53:16","modified_gmt":"2016-10-27T23:53:16","slug":"cape-towns-voortrekker-road-corridor-regeneration-project-showcased-at-african-real-estate-infrastructure-summit-next-week","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/cape-towns-voortrekker-road-corridor-regeneration-project-showcased-at-african-real-estate-infrastructure-summit-next-week\/","title":{"rendered":"Cape Town\u2019s Voortrekker Road Corridor regeneration project showcased at African Real Estate & Infrastructure Summit next week"},"content":{"rendered":"

Cape Town\u2019s Voortrekker Road Corridor regeneration project showcased at African Real Estate & Infrastructure Summit next week<\/a>: <\/p>\n

\"African-Real-Estate-Summit1\"Cape Town Summit to gather developers, investors and planners
<\/em>
\u201cThe Voortrekker Road Corridor offers a unique opportunity to invest in the urban core of Cape Town in one of its most important transit-oriented development corridors, taking advantage of the central location and extensive public transport infrastructure\u201d \u2013 this is according to Councillor Johan van der Merwe, the City of Cape Town\u2019s Mayoral Committee Member for Energy, Environmental and Spatial Planning. The City of Cape Town will present its Voortrekker Road Corridor: Strategy and Investment\u00a0Plan at the upcoming African Real Estate & Infrastructure Summit<\/strong> at the Mother City\u2019s CTICC from 2-3 November.<\/strong><\/p>\n

The presentation, which is open to industry professionals, forms part of an exciting line-up of high-level representatives from leading African cities, including Cape Town, Johannesburg, Nairobi, Dar es Salaam, Lusaka and Kampala, who will showcase the investment and development opportunities offered by their cities\u2019 Urban Development Plans or specific major infrastructure projects.<\/p>\n

\u201cThe City has spent in excess of R300-million on infrastructure investments\u201d says Councillor van der Merwe, \u201cwhich are directly serving the corridor and significantly more on bulk infrastructure that contributes towards the corridor.\u00a0One of the key infrastructure investments that we are making is providing financing to PRASA to undertake a study to develop a plan of improvements\/upgrades to this important rail corridor.\u201d<\/p>\n

He foresees the main challenges to be \u201curban management, which includes crime, grime and maintenance, which is a key issue within the corridor.\u00a0Solving this challenge is key to attracting investors to the area.\u00a0We see the solution to this challenge emanating from the continuation and further development of partnerships between the City, the Greater Tygerberg Partnership, city improvement districts, land owners, business operators, civic organisations and residents.\u00a0In addition to this partnership approach, we are working with the City improvement districts and the Greater Tygerberg Partnership to provide additional services in key locations\u201d.<\/p>\n

African city of the future
<\/strong>More headline speakers at the African Real Estate & Infrastructure Summit<\/strong> that will also focus on key case studies of visionary city planning, investment opportunities in the commercial and residential real estate sector, the African city of the future and the challenges of urbanisation are:<\/p>\n