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- \n“We have received 21,943 building plan applications from 1 July 2018 to 31 May 2019, and approved 19,585 applications over the same time period. This reflects an average of 1,780 building plans approved per month across eight planning districts.<\/div>\n<\/li>\n
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“We have received 9,981 land use applications from 1 July 2018 to 31 May 2019, and finalised 8,760 applications over the same time period. Thus, the City has finalised 88% of the submissions received when one compares the number of applications submitted with the number of applications finalised.<\/div>\n<\/li>\n<\/ul>\nCape Town has become a major construction hub in recent years, with a number of notable projects currently in the pipeline.<\/p>\n
New tallest building<\/strong><\/p>\n
Despite delays due to city approvals and funding hurdles, construction on the Zero-2-One Tower \u2013 which will become the tallest building in Cape Town \u2013 is expected to launch soon.<\/p>\n
The R1.3 billion city centre project is located on the corner of Adderley and Strand Streets, and is being led by developers FWJK.<\/p>\n
Zero 2 One Tower, at 44 storeys, will become the tallest building in Cape Town and will comprise 570 apartments and 7,000 sqm of retail shops on ground level and station concourse level.<\/p>\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2018\/06\/Zero2One-new-01.png\")
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\nAirport upgrades\u00a0<\/strong><\/p>\n
Cape Town International Airport (CTIA) has several key infrastructure projects planned over the next five years, with more than R7 billion in investment expected to take place over this period.<\/p>\n
These upgrades will include:<\/p>\n
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- The refurbishment of the domestic arrivals terminal;<\/li>\n
- The expansion of the international terminal;<\/li>\n
- A new realigned runway worth R3.93 billion which will achieve the runway realignment that will in the future allow for the expansion of the terminals;<\/li>\n
- The new runway will allow the airport to increase its per hour landing and departures from 30 to 45 aircraft movements;<\/li>\n
- It will allow the airport to handle the new generation large aircraft such as the Boeing 747-800 or the A380 aircrafts.<\/li>\n<\/ul>\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/06\/CapeTownAirport-e1560852833961.jpg\")
<\/a><\/p>\nA new skyscraper \u2013 modelled after a Rubik\u2019s cube<\/strong><\/p>\n
Property developer Abland, in partnership with Giflo and Nedbank, will construct a new mixed use skyscraper in the Mother City \u2013\u00a0The Rubik<\/a><\/strong>\u00a0\u2013 which will include premium office space and luxury apartments.<\/p>\n
The building has been designed by architect firm dhk, and features a stacked glassed tower block which, as the name suggests, angulates at various points to represent cubes.<\/p>\n
According to Abland, the development will cost around R480 million to complete, with construction anticipated to commence around the middle of the year, and completion targeted for 2021.<\/p>\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2019\/03\/Rubik.jpg\")
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\nRatanga redevelopment<\/strong><\/p>\n
Developers Rabie recently published<\/a> <\/strong>a new master plan for the Ratanga development in Cape Town, following the theme park\u2019s closure in May 2018.<\/p>\n
The land will be redeveloped into a vibrant new mixed-use precinct of around 120,000 square metres.<\/p>\n
The new precinct plan for the site, which includes residential apartments, a retirement component, a hotel, restaurant and offices all set around beautiful water bodies and a large public park, has been approved by the City of Cape Town.<\/p>\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2018\/09\/Ratanga-Redevelopment.jpg\")
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