Swisatec, property development and management company, is planning to build what it claims to be the first multi-billion rand green village in Africa.
The Blue Rock Village will upgrade the current Blue Rock Resort located in Somerset West, in Cape Town, with an estimated value of R14 billion.
Plans for the Blue Rock Village include a Life Style Centre, medical centres, boutiques, schools and colleges, nurseries, restaurants and cafes. A Hotel, Spa and Conference Centre are also in the plans.
The development compromises of 1,000 luxury apartments to be built on 40 hectares of land.
The village will be ‘car-free’ with all parking to be underground, while apartments will use energy efficient appliances; LED lighting; water-management systems from showers to irrigation; solar water-heating systems and self-generated solar power.
Environmentally friendly building materials and methods will be used during construction, Swisatec said.
Units start from €200 000 – R3.4 million – depending on the exchange rate – at R40,000 per square meter.
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