CLAREMONT REPORT 2018 - South African Institute of Valuers
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THE STATE OF CLAREMONT REPORT 2018
SETTING THE SCENE
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FOREWORD AND
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INTRODUCTION
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David Stoll
ED
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T CHAIRMAN, CLAREMONT
KIL H IC K E
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WH DA
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Abdul Kerbelker
PA EXECUTIVE MANAGER, CLAREMONT
TE IMPROVEMENT DISTRICT
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ON OF
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rates and property values. That, combined In partnership with the City of Cape Town
PR
A WORD FROM THE CHAIRMAN
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M O SQ U E with a collective commitment to building a and SAPS, CIDC security, Straatwerk, The
WO
CLAREMO NT BLVD
DRAPER We are delighted to present the 2018 sustainable city centre, makes Claremont Chrysalis Academy, urban management
N
edition of the State of Claremont Report,
TO
N IE K ER K S the destination of choice for commercial and social development teams are on
LIN
our bi-annual analysis of the Claremont and residential investors alike. the ground every day, maintaining and
CO
D R AP ER N
S Q U AR E STEGMA central business district (CBD). securing the Claremont CBD at a micro
CO
RW TOFF
IE The role of the improvement district
N level. The urban management teams
EN
LAUREL STEGMA A vibrant urban node is typically becomes a critical element in this
characterised by high levels of economic remove dumping, clear up litter, repair
process. The Claremont Improvement
activity and growth in employment pavements and remove graffiti. Our public
OAKDALE District Company (CIDC) was established
LO Stadium opportunities – which impacts positively safety and law enforcement partners
EA
TH in 2000 to fulfil this role. The work we
AN on Main
OT
VI NE YA RD ensure that people can move safely
DREYER
on surrounding housing markets. The net
PR
ON do is inextricably linked with the success
R OS CO M M through the streets and public spaces; and
influx of young people to the country’s major of the CBD’s growth and development.
metro areas – coupled with the semigration our social development team ensures that
Everything we do is focused on ensuring that
Cavendish the homeless and destitute are cared for.
C AV E
Bus of older, more affluent homeowners to Claremont remains open for business.
YRA
Square
QU
IS K
FEL
OBEL Terminus
ING
the Western Cape, suggests that housing
N D IS H
The success of our CBD depends not
PALM
IET
SEL
While private property investors such as
FRE
MA
DHA
& Taxi Rank
LE
ME
markets in growth nodes across the Cape only on how well we can deliver on our
CIDC BOARD
RK
BOR
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Growthpoint, New Property Ventures, Old
ME
USE
NEWRY region will continue to flourish. mandate, but also depends on the
L
NE
ICK
Mutual and Redefine, among others, are
N
W ICK commitment of both our core team and
WAR Claremont With effective transport links, decentralised investing in private buildings, the CIDC
01 / DAVIDU RSTOLL our partners to delivering the best service
T Station centres like Claremont are becoming a invests in the public spaces and streets of
PEA
O R A LP H within the resources available.
MA IN
RC more attractive destination. They are easier Claremont. The State of Claremont report
H A representing
Chairman MONT
RCE
ROSE
Growthpoint Properties to get to and to get around; and people and offers us a moment to examine how our The CIDC cannot do this alone. Our work
“
work and commitment has contributed to is ultimately made possible with the
RNE
CAV END ISH
02 / GAVIN HISCOCK O
OSB VE ST AT ION a bigger, macro picture of a thriving, vibrant support of all our stakeholders and most
GRO
Independent well-managed business district where importantly, the levy payers.
CHA
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With effective transport links,
HUG
OPL LAN people want to live, work, play and invest.
ISH
MB
DSD I would like to especially acknowledge
ON
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03/ NEIL GARDNER OW
decentralised centres like
ERL
NE With thanks to the Board, the Executive the role that Securitas, SAPS, City of
AIN
Gardner Property Solutions VE STA NH OP E Manager and our staff for their work in Cape Town, U-turn and The Haven have
GRO
Claremont are becoming a
FEL
KE helping to achieve this vision, and for their played, and continue to play, in helping us
ROO
DHA
04/ MIKE NIXON B
more attractive destination for efforts to create this snapshot report. to achieve our goals. These partnerships
USE
K
L I S Ventures
New Property HOPE and collaborations enable us to support
OBE S TA N people who want to live, work,
N
David Stoll
NEW
CHAIRMAN, CIDC the continued growth we have seen since
05/ CLAIRE VASKYS
OVE
play and invest in well-run,
LAN
GR the publication of our last report — and
P E R Corporate
DS
Draper SquareU PBody VE MESSAGE FROM THE
B ROO
KA vibrant business nodes. CIDC EXECUTIVE MANAGER
indeed, since our work began in 2000.
CAR
HERS CHEL
06/ GREGG HUNTINGFORD
L
HOO OD
SC
Spire Property Management WO The improvement district model is
BOW
EL
CH
recognised globally as a successful A NOTE ON THE FOCUS AREA
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businesses are still able to access quality
OA
07/ FAIZAH BEHARDIEN BATH
HE
regeneration model in an increasingly
K
accommodation and diverse amenities, The report focuses on the properties and
Excellerate Real Estate Services urbanised world. The CIDC is one of
MO
public spaces that lie within a clearly
EDEN
while avoiding the chronic congestion that
CHURCH
RRI
the best practitioners of the model in demarcated geographic boundary.
chokes our cities.
S
W IL D E R N South Africa. Our success, however, This boundary is not arbitrary. While
WARD COUNCILLOR
ESS investment within this area benefits the
T E We are beginning to see the effects of must be attributed to the strength of the
ET whole of Claremont, the work the CIDC
NN that decentralisation in Claremont in the partnerships we hold, and the dedication of
M A IN
A undertakes is limited to the area shown
NEWLA
D
W W O O IAN IVERSEN
B OCLLR form of low vacancy rates, rising rental the partners we work with. within that boundary.
NDS
Arderne HAR FIE L D 1
Gardens
2018
CLAREMONT STATE OF CHAPTER 1
IMPROVEMENT CLAREMONT
DISTRICT REPORT
THE STATE OF
CLAREMONT CBD:
AN OVERVIEW
Our 2016 State of Claremont report reflected that the Claremont
CBD and surrounding suburbs were flourishing. The CBD was
enjoying strong investment. Easy access to public transport,
conveniently located well-established schools and proximity to the
University of Cape Town (UCT) and the prominence of Cavendish
Square as retail anchor, were significant factors.
Companies were locating their The reason for this is primarily the Cape Town CBD and minimising
offices in the CBD, with particular the growing levels of congestion utility and maintenance costs.
emphasis on financial services in Cape Town. According to the There is a growing perception
and business process outsourcing TomTom Traffic Index, Cape Town is that the true cost of a home is
sectors. the most congested city in South the house itself plus the time
The lock-up-and-
Africa, and the Cape Town CBD is and money required for the daily
This edition of the report reflects go lifestyle in
the most affected. Congestion in active, 24-hour commute. The lock-up-and-go
a change that is notable not only live-work-play
the Cape Town metropole appears business nodes is lifestyle in active, 24-hour live-work-
for the benefits to Claremont, becoming a more
to have reached a tipping point, play business nodes is becoming a
but is also a commentary on the attractive option.
and businesses and individuals are more attractive option.
sustainability of a city that relies
seeking ways to mitigate the effects
on private vehicles as the primary New developments within the
of that in their daily lives.
mode of transport into and out of Claremont CBD are predominantly
its economic centre. This transition is in line with mixed-use, with a growing
national trends. Investors are proportion of space allocated
In 2018, our research shows that
opting for smaller, better located to residential accommodation
the Claremont central business
properties in decentralised business Despite recent — increasingly, student
district (CBD) is transitioning from
nodes, reducing commuting time, hike in VAT, accommodation; and office Above:
a predominantly retail hub to a increases in the
avoiding increasing congestion in fuel price, property space, which is preferred over 18 on Cavendish
business and residential node. investors in the
Claremont CBD
retail. That said, while retail sales
remain upbeat have softened in the wake of the
about the long
term prospects recent hike in VAT and repeated
and continue to increases in the fuel price, property
invest in numerous
developments. investors in the Claremont CBD
remain upbeat about the longer-
term prospects for the node and
continue to invest in numerous
developments.
Upper Claremont, Not only does this attract more
for example, is businesses to the CBD but also
reflecting among
the highest values makes the surrounding property
per square metre more appealing. Upper Claremont,
in the Southern
Suburbs. for example, is reflecting among the
highest values per square metre in Right:
the Southern Suburbs. Dreyer Street market
2 Ground floor retail activates street frontages 3
2018
CLAREMONT STATE OF CHAPTER 2
IMPROVEMENT CLAREMONT
DISTRICT REPORT
Hugon Place
CURRENT
FIG. 1: NATIONAL COMPARISON VACANCY RATES AND
A-GRADE RENTALS: Q2 2018
Location Total Vacancy A-grade gross
Rate (%) asking rentals (R/m²)
PROPERTY TRENDS
CITY OF JOHANNESBURG
Johannesburg CBD 16.2% 93
Sandton 16.5% 145
Rosebank 5.0% 150
Global trends indicate a growing preference for decentralised , well- CITY OF CAPE TOWN
serviced business nodes that combine all the amenities required for Cape Town CBD 10.2% 150
24/7 live-work-play lifestyles, minimising commuting times and
Claremont 3.0% 220
reducing congestion.
V&A Waterfront 0.9% 190
eTHEKWINI MUNICIPALTIY
DECENTRALISATION Decentralised nodes typically In the second A-grade rents. In Cape Town, the Durban CBD 19.4% 100
register lower vacancy rates than quarter of 2018, Silo District in the V&A Waterfront
Historically, metropolitan CBDs were nationally,
uMhlanga / La 6.4% 143
more centralised, inner-city nodes. centralised nodes has achieved 220m2. The ongoing
primary magnets for office space. were reporting Lucia
According to the South African vacancy rates of development at the V&A Waterfront
However, as suburbs began to
Property Owners’ Association has added to the capacity to bring
expand, so decentralised business
(SAPOA)1, in the second quarter 13.8% more office space to the market.
CITY OF TSHWANE
nodes began to develop, spurred compared with Pretoria CBD 7.0% 65
of 2018, nationally, centralised
by commuters’ growing desire to that of According to Rode, the only central
nodes were reporting vacancy rates
reduce travel times and a need
to avoid congestion. This trend is
of 13.8%, compared with that of 10.3%
in decentralised
node outperforming decentralised
areas in South Africa is the Cape
Menlyn / Faerie
Glen
8.5% 180
10.3% in decentralised nodes.
evident both globally and locally. nodes. Town CBD. Rode attributes this to
The Rode Property Report 2018 SAPOA OFFICE, Q2 2018 VACANCY REPORT
two factors:
Erwin Rode, property economist at reports that the decentralised areas
Rode & Associates describes South of Rosebank (R190/m² a month 1. The Cape Town CBD is edged
African cities as reflecting a two- gross) and Sandton CBD (R179/m²) The only central by affluent residential areas, and
node outperforming
nation economy. Poorer residents in Gauteng — both located close to decentralised areas many executives and professionals
are congregating in traditional Gautrain stations — have recorded in South Africa is the earning high incomes choose to live
Cape Town CBD. 2. The Cape Town Central City
metro CBDs while the more some of the highest market-related in those neighbourhoods
Improvement District (CCID),
affluent are drawn to decentralised
established in 2000, helped to halt
growth nodes such as Umhlanga
the decline and regenerate the CBD
Ridge in KwaZulu-Natal, Sandton in
Gauteng — and Claremont in the The same can be said for
Western Cape. Claremont, with high-income
neighbourhoods bordering the
While this caused CBDs around the
CBD; and the existence of the
country to decline, Cape Town CBD
CIDC, which has contributed to
has been an exception to the trend.
maintaining a well-managed urban
environment.
SAPOA data indicates that in
Claremont vacancy rates are lower
According to SAPOA, at and monthly rentals are higher.
R220/m2, market rentals in According to SAPOA, at R220/m2,
Claremont are among the market rentals in Claremont are
among the highest in Cape Town.
highest in Cape Town The V&A Waterfront records lower
vacancy rates. However, with less
congestion and similar rentals,
Claremont remains an attractive
1. M
OTHER CITY’S CBD BUCKS TREND,
PROPERTYTIMES, 15 AUGUST 2018 investment option.
The Oval New development, Mariendahl of Aview
4
4 5
2018
CLAREMONT STATE OF CHAPTER 2
IMPROVEMENT CLAREMONT
DISTRICT REPORT
The Beaumont
FINDING THE SWEET SPOT: FIG. 5:
LOW VACANCY, HIGH RENTALS AVERAGE
VACANCY
Fig. 1 illustrates the point. Cape RATE
Town CBD continues to perform
well, but as a decentralised
node, Claremont is currently
outperforming Cape Town.
3%
This reflects similar trends for
CLAREMONT CBD
decentralised nodes in Gauteng and
KwaZulu-Natal.
Market rental rates are a good
way to assess the attractiveness 10.2%
of a node. In other nodes, such as
Rondebosch, Newlands and the CAPE TOWN CBD
V&A Waterfront, where vacancy
rates are lower than Claremont,
gross asking rentals are also
lower. Rental rates for new office 10.1%
space currently on the market in
Claremont is higher. In just one
CENTURY CITY
example, office rentals at 20
Vineyard Road are currently being
marketed at R255-260/m².
FIG. 2: CITY OF CAPE TOWN COMPARISONS VACANCY FIG. 4: CLAREMONT OFFICE VACANCY RATES % (2012 to Q2 2018)
RATE AND A-GRADE RENTALS: Q2 2018
Location Total Vacancy A-grade gross 60
Rate (%) asking rentals (R/m²)
50
Bellville 4.5% 120
40
Claremont 3.0% 220
30 B GRADE
Cape Town CBD 10.2% 150 C GRADE
20
Rondebosch / 2.6% 190
Newlands P GRADE
10 A GRADE
Century City 10.1% 150
0
2012
Q2
Q3
Q4
2013
Q2
Q3
Q4
2014
Q2
Q3
Q4
2015
Q2
Q3
Q4
2016
Q2
Q3
Q4
2017
Q2
Q3
Q4
2018
Q2
V&A Waterfront 0.9% 190
SAPOA, Q2 2018 OFFICE VACANCY REPORT All P-grade accommodation has been secured. No vacancies or asking rentals at the time of writing
Fig. 3 bottom left, from SAPOA with a recorded second quarter
FIG. 3: CLAREMONT OFFICE VACANCY RATES
reflects the decline in vacancy vacancy rate of just 0.9%. Cape
rates in the Claremont CBD in Town CBD recorded rentals of
Grade Vacancy rate (%) recent years. During the second R150/m².
quarter of 2018, the median
P-grade 0% With the highest rental rate
vacancy rate in Claremont CBD
recorded in the second quarter
A-grade 1.8% was 3.0%, compared with 10.2%
of 2018, the Claremont CBD
in Cape Town CBD and 10.1%
is currently positioned as one
B-grade 4.2% in Century City. Claremont also
of the most attractive business
commands median market
C-grade 6.6% nodes in South Africa.
rentals per square metre, at
R220/m2. In comparison, at the
TOTALS 3.0%
V&A Waterfront, A-grade office
accommodation is R190/m²,
Student accomodation underway in Main Road, Claremont SAPOA OFFICE VACANCY REPORT. Q2 2018
6 7
2018
CLAREMONT STATE OF CHAPTER 3
IMPROVEMENT CLAREMONT
DISTRICT REPORT
COMMERCIAL
residential accommodation, which
50.7%
has been evident in the Cape Town
CBD in recent years. In particular,
the decline in B-grade office space
TOTAL OFFICE SPACE IN in Claremont over the past year
PROPERTY
THE CLAREMONT CBD IS can be attributed to the conversion
A-GRADE OFFICE SPACE of the former Shoprite building into
student accommodation. That, in
A itself is a notable trend, which we
discuss later in this report.
GRADE
TRENDS
NEW MIXED-USE COMING
THE CITADEL, WHICH ONTO THE MARKET
OFFICIALLY OPENED IN At the time of writing, three new
OCTOBER 2016, ADDED mixed-use developments are
In Claremont, over the past five years, total
6 000m2
TO THE GROSS BUILT AREA
currently under construction. This
represents at least 8 231m² of
new use, of which 7 581m² of new
office space, due for completion in
rentable office space has increased by 12 949m², OF CLAREMONT CBD.
early 2019, plus new student and
with current totals at 123 601m². residential accommodation.
The new office accommodation
comprises 2 731m² at 20 Vineyard
The Citadel, which officially opened GROUND FLOOR Road and a further 4 850m² at
in October 2016, added 6 000m² RETAIL OFFERINGS 2. GRADES EXPLAINED Draper on Main.
INCLUDE:
to the gross built area of Claremont
CBD. The six-storey, four-star green 35
pubs/clubs/
The Old Shoprite building is
being converted into student
building accounts for nearly 5%
P A B C
restaurants accommodation. It will include 532
of the total rentable office space.
residential units to accommodate
While The Citadel is officially 46
clothing stores
GRADE GRADE GRADE GRADE a total of 582 students, with retail
classified as AAA-grade office
space available on the ground floor.
space, SAPOA has classified it as
P-grade2. 10
motor retail
PREMIUM, TOP NOT OLDER THAN 15
YEARS, UNDERGONE
GENERALLY OLDER
BUILDINGS,
FAIR CONDITION, BUT
WITH OLDER STYLE
A fourth development, Quadrant
QUALITY, MODERN REFURBISHMENTS, BUT MODERN FINISHES, SERVICES, Gardens, which is discussed later
Around 50.7% of the total office SPACE
19
HIGH QUALITY, STANDARDS FROM AND ACCOMMODATION in this document, will provide an
space in the Claremont CBD is MODERN FINISHES REFURBISHMENT AND
malls/commercial RENOVATIONS additional 75 residential units.
A-grade office space (see Fig. 6, buildings
below). Three of the four developments will
During the past two years, 9
hotels and
also bring additional retail space to
the market in the next year.
Claremont has gained 6 000m2 apartments
of P-Grade and lost 1 300m2 of Seven additional developments
B-Grade office space. This is part of are in the planning stages, five of
a broader trend towards converting which will include office and retail The Citadel
B- and C-grade office space to space.
B-grade office rentals have FIG. 7: CLAREMONT OFFICE RENTAL RATES (2012 to Q2 2018)
FIG. 6: SUMMARY OF RENTAL OFFICE SPACE IN THE remained largely unchanged
CLAREMONT CBD (Q2 2018) in recent years, while A-grade 300
rentals have increased steadily P GRADE
Grade Total rentable Percentage of Available since late 2013. This indicates 250
area (m²) total office space for leasing robust demand for quality office
P-grade 6 000 4.9% 0 accommodation in Claremont (see 200
Fig. 7).
150 B GRADE
A-grade 62 636 50.7% 1 146 Increasing commercial values have
A GRADE
spurred the promotion of a live- 100
B-grade 45 286 36.6% 1 917 C GRADE
work-play lifestyle, with apartments
C-grade 9 679 7.8% 637 and smaller, compact homes 50
being constructed within or on the
TOTALS 123 601 100% 3 700 periphery of the CBD. 0
2012
Q2
Q3
Q4
2013
Q2
Q3
Q4
2014
Q2
Q3
Q4
2015
Q2
Q3
Q4
2016
Q2
Q3
Q4
2017
Q2
Q3
Q4
2018
Q2
SAPOA OFFICE VACANCY REPORT. Q2 2018 Grove Exchange
8 9
2018
CLAREMONT STATE OF CHAPTER 4
IMPROVEMENT CLAREMONT
DISTRICT REPORT
RESIDENTIAL
FIG. 9: RESIDENTIAL
DEVELOPMENT IN
AND AROUND THE
IN
CLAREMONT CBD
MA
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PROPERTY
MONA
4
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T H IC K
TRENDS
2
FI R
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PR
MOSQU E
DRAPER
C L A R E M O N T B LV D
KS
Complex name Location Units Yr N IE K E R
Before the 2008/09 recession and the CO F F IE
YRA
1 Kildare Place Kildare Road 3 2018 TO N
resulting property slump, developments in RW
EN LAUREL STEGMA
PALM
2 Cavendish Mews Glenhof Road 12 2018
Claremont Upper, which is incorporated 3 Mariendahl
OAKDALE
3 2018
EA
Mariendahl Ave
DREYER
within the CIDC precinct, primarily
OT
VI NE YA RD
PR
ON
4 Mona Crescent Mona Crescent 9 2018 RO SC OM M
comprised large-scale developments.
C AV E
K
O B E L IS
ING
NDISH
LE
The Claremont
These were mixed-use Over time, as the market Even as the national and Western NEWRY
Cape housing markets slow in W ICK
MA IN
developments in the heart of the recovered, developments in A WAR
2018, residential property prices PLE R A LP H
PEA
Claremont CBD, responding to the area gradually regained HO
BIS
RCE
demand for high-density housing momentum. These post-recession in Claremont Upper continue
close to public transport and developments were primarily Homeowners are downsizing, to increase. While slower than
VE
C AV E N D I S H
GRO ST AT ION
FEL
economic opportunities. smaller, upmarket, residential- previous years, activity in the
opting for smaller, upmarket,
DHA
Upper Claremont housing market Even as the national LAN
only developments located on the
NE
DSD
USE
Key developments constructed and Western Cape
WL
periphery of the Claremont CBD. sectional title homes that offer remains fairly brisk. Prices for both housing markets OK E OWN
AN
E
N
during this period included slow in 2018,R O V E BRO
DS
freehold and sectional title homes G
MontClare Place, The Claremont
and Seven Miles South (all
In 2018, this trend continues,
in the form of smaller luxury
reduced security and utility costs, have almost doubled over the past
residential property
prices in Claremont
Upper continue to
S TA N
HOPE
completed in 2006) and Intaba developments that cater to more and a lock-up-and-go lifestyle. five years. increase.
A NH O P
E
(completed in 2007). affluent buyers. Sectional title properties also offer ST
first-time homeowners a chance to
gain a first foothold on the property OD
HERSCHEL
M A IN
WO
ladder in a vibrant live-work-play BOW
These developments reflect environment. This trend is likely to
FIG. 8: CLAREMONT UPPER RESIDENTIAL PROPERTY PRICES (Rm, median) a growing national trend. continue, with an influx of young
Homeowners are downsizing, opting buyers entering the property market
8 for smaller, upmarket, sectional for the first time.
Post-recession
title homes that offer reduced
NEWLA
7 developments
were primarily security and utility costs, and a
smaller, upmarket
6 lock-up-and-go lifestyle. Increasing FIG. 10: MEDIAN PROPERTY PRICES FOR
NDS
residential
HARFIELD
5
developments on congestion into the Cape Town CBD CLAREMONT RESIDENTIAL UNITS, 2018
the periphery of
FREEHOLD the CBD. This trend also reinforces this trend: buyers
4 continues in 2018.
are opting to be closer to work and CLAREMONT Median Five years Ten years
3 to school. price 2013 – 2008 –
2018 (Rm) 2018 YTD 2018 YTD
2 YY% YY%
SECTIONAL TITLE PRICE PERFORMANCE
1
In Claremont Upper, sectional title Freehold 7.20 +84.6% +157.1%
0 properties dominate the market,
Sectional title 2.35 +87.9% +126.6%
accounting for nearly 63% of all
7
8
9
0
1
2
4
3
5
6
7
8
200
200
200
201
201
201
201
201
201
201
201
201
LIGHTSTONE homes in the area. LIGHTSTONE Mona Crescent
10 11
2018
CLAREMONT STATE OF CHAPTER 5
IMPROVEMENT CLAREMONT
DISTRICT REPORT
STUDENT
FUTURE PROPERTY
ACCOMMODATION
A number of property
developers across the
DEVELOPMENTS
country have identified
a significant shortage of
student accommodation
in South Africa. Some
estimates suggest a
shortfall of 86 599 beds
in the Western Cape During the past decade, the total value of both
alone. This offers a residential and commercial property within FIG.12: FUTURE DEVELOPMENT MAP
significant opportunity
for developers, who are
the Claremont CBD has risen from R2.7bn in
investing in student- 2008/09 to R6.9bn in 2018/19 – an increase
IN
MA
focused mixed-use of 157.3% or R4.2bn. LE TT ER ST ED
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ND
developments. LE
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Having established the context of
ST
AD
The Jammie Shuttle ET
K
the overall valuation of property in T H IC K
T
the Claremont CBD, the picture
The growth in student One developer, Redefine Properties,
can be broken down into residential
EA
FI R
accommodation represents is planning to develop 10 000
OT
vs non-residential trends. In
% RATIO OF COMMERCIAL
PR
another significant shift in the student accommodation units MOSQUE
the 2018/19 financial year, the DR AP ER
TO RESIDENTIAL
CLAREMON T BLVD
Claremont Upper residential around the country, valued at
market. Rondebosch, Rosebank around R6bn by the end of 2019. Student accommodation remains total valuation of property in the
PROPERTIES N IE K E R
KS
Claremont CBD was estimated IE
and Observatory were traditional With an initial focus on Gauteng, profitable and its growth in Claremont CO
RW TOFF
LA UR EL STEGMA
N
EA
EN
at R6.9bn, split between R1.6bn
OT
in valuations arise from the City
student accommodation hubs. the developer is expanding its
represents another significant shift in
PR
OA K DA L E
residential and R5.3bn non-
D R EY ER
While accommodation continues footprint. Its 469-bed facility in of Cape Town valuations being VI NE YA RD 3 ON
RO SC OM M
to be developed in those areas, Bloemfontein opened in early 2018. the residential market. residential. Note: the breakdown
updated only every three years.
YRA
between residential and non-
C AV E
Claremont is becoming a more K
O B E L IS
PALM
In a shared venture with residential is only available from During the same period, the
ING
N D IS H
prominent, viable alternative
LE
Respublica, Redefine is also 2009/10 onwards. value of non-residential buildings K 4 RY
N EW
student centre. WAR
WIC
MA IN
developing the former Shoprite increased from R2.5bn to R5.3bn – 5 LP H
PEA
The value of residential buildings RA
RCE
Given its location and good complex on Main Road in an increase of R2.8bn, or 110.2%. P L E A 6
in the Claremont CBD has trebled HO GRO
VE
transport links, including the UCT Claremont. The development B IS STA TIO N
CAVE NDIS H
between 2009/10 and 2018/19, The percentage ratio of commercial
FEL
Jammie Shuttle, Claremont is well comprises a 582-bed student 532 single, sharing and studio
DHA
to residential properties has LAN
rising from R0.528bn in 2009/10
NE
DSD
positioned to serve this market. accommodation facility across
WL
OWN
USE
apartments. Called Roscommon to R1.6bn in 2018/19. This remained largely unchanged during V E E
AN
GRO
N
DS
House, the facility is due to open S TA N
represents an increase of R1.08bn the past nine years, at 82:18%. In OKE HOPE
BRO
in January 2019, and takes or 203.8%. The step-like changes 2009/10 this ratio was 83:17%. HOPE
AN
advantage of its location less than ST
three kilometres from UCT and just OD
WO
HERS CHEL
M AI N
200m from Cavendish Square, with BOW 7
FIG. 11: MUNICIPAL VALUATION OF PROPERTIES IN CLAREMONT CBD (RBN)
convenient public transport links.
Student accommodation remains
6
profitable, and a more diverse
NEWLA
population brings more inclusive 5
growth into the area’s social
NDS
HARFIELD
fabric. Depending on the facility, 4 Complex name Location
rentals range from R4 500 up to NON-RESIDIENTIAL 1 Mill Street Office Park Mill Street
R9 000 a month. The student 3
2 Mancosa Building Thicket St
accommodation units can be fully 3
2 RESIDENTIAL Stadium on Main Main Rd
equipped with free uncapped wifi,
4 Werdmuller Centre Cnr Main & Newry
laundry, parking, entertainment
1 5
and recreation facilities, study McDonalds Site Cnr Main & Ralph St
and computer centres, as well 6 Marshall House Cnr Grove & Main Rd
0
as biometric and 24-hour access 7 206 Main Road 206 Main Rd
0
1
2
3
4
5
7
6
8
9
9/1
0/1
1/1
2/1
3/1
4/1
6/1
5/1
7/1
8/1
control and CCTV surveillance.
201
201
200
201
201
201
201
201
201
201
Tiger’s Milk, lower level of the SunClare building
12 13
2018
CLAREMONT STATE OF CHAPTER 6
IMPROVEMENT CLAREMONT
DISTRICT REPORT
20 VINEYARD ROAD
FIG. 13: MUNICIPAL VALUATION OF PROPERTIES IN CLAREMONT CBD (RBN)
Located on the corner of Vineyard
Road and Dreyer Street, 20 Vineyard
Road comprises 2 731m² of office
203.8% INCREASE OR R1.08bn R6.91bn space and ground-floor retail space.
Due for occupation on 1 January
2019, the mixed-use development
is close to restaurants, banks, gyms
and public transport. At the time of
writing, office rentals are
R1.42bn R255/m² to R260m² (ex-VAT) while
retail rentals are R270/m² (ex-VAT).
DRAPER ON MAIN
Draper on Main is an A-grade
5
6
7
8
9
0
1
2
3
5
4
6
7
8
9
4/’0
5/’0
6/’0
7/’0
8/’0
9/’1
0/’1
1/’1
2/’1
4/’1
3/’1
5/’1
6/’1
6/’1
6/’1
5 500m² Green Star-rated mixed-
201
201
201
201
200
200
200
200
200
200
201
201
201
201
201
CITY OF CAPE TOWN use development located in the
heart of the financial district. The
As described earlier, four developments are use and one is a residential development development comprises 4 850m²
currently under construction in the Claremont aimed at the retirement market, located on of office space with balconies, and
CBD, three of which are due for completion in the edge of the Claremont CBD. 650m² of retail space. It is located
2018 and the fourth in 2019. Three are mixed close to Cavendish Square and
MontClare Place, and also has
excellent public transport links. At
FIG. 14: UNDER CONSTRUCTION the time of writing, office space is
currently available at R223/m².
Location Valuation/ Completion Type of Developer
bulk/units date developer OLD SHOPRITE BUILDING
20 Vineyard Road (Old R85m Dec 2018 Mixed use Ingenuity This mixed-used development
Food Lover’s Market) (office & retail) will include 532 units for student
accommodation. Rentals range from
Draper on Main 5 500m² Dec 2018 Mixed use Growthpoint R4 500 up to R9 000 a month,
(office & retail) depending on the type of facility2.
Old Shoprite Building 300 units Nov 2018 Mixed use Respublica with
QUADRANT GARDENS
(Cnr Main & (retail & residential) Redefine Properties
Roscommon Rd) Quadrant Gardens comprises
75 apartments in a retirement
Quadrant Gardens 75 units May 2019 Residential Corevest
(Wilderness Road) development catering for residents
over 60. Studio, two- and three
CLAREMONT IMPROVEMENT DISTRICT bedroom apartments range from
R2m up to R6,5m, on a life rights
Draper on Main basis. This offers owners secure
lifetime tenure in a transaction that
does not incur bond registration
fees, transfer duties, nor VAT3.
Four developments
are currently under
construction in the
Claremont CBD, three
of which are due for
completion in 2018 and
the fourth in 2019.
Cavendish and Vineyard Road construction 2. w
ww.iol.co.za/business-report/companies/redefine-grows-its-presence-with-quality-new-digs-for-students-14857159
3. w
ww.thenewspaper.co.za/latest-luxury-urban-retirement-claremonts-newly-launched-quadrant-gardens-now-selling/
14 15
2018
CLAREMONT STATE OF CHAPTER 6
IMPROVEMENT CLAREMONT
DISTRICT REPORT
Park Inn
PROPOSED FIG. 15: PROPOSED
MANCOSA
Rawson Properties has lodged an
THE
ESTIMATED
Location Valuation/ Completion Type of Developer application with Council to convert AREAS FOR
Main Road has long been a dividing
bulk/units date developer the Mancosa Building in Thicket MILL STREET
line through the Claremont CBD, OFFICE PARK
with dense and prosperous areas Werdmuller Centre 28 000m² Jan 2020 Mixed-use (office, NPV Street, Newlands (opposite the Park ARE (M2):
leading up the mountain side, and R750m retail & residential) Inn Hotel) into a residential block
less developed areas on the railway with 236 units. Development is
side dominated by informal traders. McDonalds Site - Jan 2020 Mixed use Tony da Costa likely to begin in two years’ time.
One of Claremont’s crucial
(Cnr Main & Ralph St) (office & retail) 1 198
MILL STREET OFFICE PARK
success factors has been the Mancosa Building 236 units Jan 2020 Residential Rawson Properties
ongoing development of upmarket (Thicket St) The project is not in its final RETAIL/
residential properties on the edge stages yet, but primarily will be a GROUND FLOOR
Mill Street Office Park 8 868m² - Mixed use Eris commercial office building with COMMERCIAL
of the CBD. Claremont Upper is (office & retail)
now one of the most expensive retail/commercial on the ground
floor and basement parking. The
residential areas in the Southern
Suburbs on a Rand per square
206 Main Road 28 units - Residential Pan Africa
Consulting design ensures that the building 7 670
metre basis. This is providing a interfaces positively within its
Marshall House 6 000m2 - Mixed use NPV Properties neighbourhood context, activating
fundamental underpinning for the
(Cnr Grove & Main Rd) (office & retail) the street edge enhancing the
COMMERCIAL
Claremont CBD. FLOORS 1 TO 5
Stadium on Main R65m Jan 2019 Mixed use NPV Properties character of street life.
However, current developments are
(Main Rd) (office & retail)
moving across the road, towards the 206 MAIN ROAD
railway line. This will bring significant CLAREMONT IMPROVEMENT DISTRICT, NPV PROPERTIES & CITY OF CAPE TOWN
benefits to the area, which has Once completed, this residential
been underdeveloped for years. development will include 28 units.
that remaining 60% was not transport interchange, including Precinct. A food court will be
architecturally significant nor could the Jammie Shuttle, creating a created in the new lower ground
WERDMULLER CENTRE MARSHALL HOUSE
be adapted for use according to ‘people pipeline’ between the level. Handover to tenants is
(NPV PROPERTIES) the existing scheme. Plans are progressing on the
The proposal to redevelop the
CLAREMONT UPPER IS NOW redevelopment of Marshall House to
interchange and Main Road. This
keeps commuters undercover as
scheduled for October 2019,
in time to start trading on
The plans allow for four levels of
dilapidated Werdmuller Centre underground parking, ground-floor ONE OF THE MOST EXPENSIVE create 6 000m² of offices and retail.
they walk towards the Cavendish 1 December 2019.
Subject to City approval, the plans
has received heritage approval.
The current proposal reconsiders
retail space and a residential and RESIDENTIAL AREAS IN THE incorporate a large signature tower
office tower at the front of the
the original plans, and concedes building. The back of the building SOUTHERN SUBURBS ON A RAND development that will complement Stadium on Main
that around 40% of the building will retain its original structure. PER SQUARE METRE BASIS. the proposed tall tower element of
the Werdmuller development nearby.
had architecturally significant
elements, and could be adapted for The residential units will be rented
predominantly to students. STADIUM ON MAIN
contemporary use, but suggested (NPV PROPERTIES)
In recent years, the owners have
At 60 metres, the R750m focused on modernising the offices
FIG. 16: PROPOSED WERDMULLER development will be Claremont’s in this R60m redevelopment of this
CENTRE MIXED-USE REDEVELOPMENT first tall building. The tallest building. With the completion of the
existing buildings are just first phase, the focus shifts to the
RETAIL
35 metres high. The redesign redevelopment of the three floors
4 000m²
RESIDENTIAL
12>280200
UNITS
m² increases the building to
28 000m² from the current
of retail.
At the time of writing, the lower
21 000m².
floor tenants are focused on
OFFICES
entertainment uses, with retail on
8 500m² MCDONALD’S SITE
the upper two floors. The Post Office
This redevelopment is being and Telkom are the primary tenants
28 500 m 2
GYM
undertaken in conjunction with
the Werdmuller Centre. The
on the upper floor, which will be
converted to 3 500m² of A-grade
TOTAL AVAILABLE FLOOR SPACE IN THE development will include two floors office space.
WERDMULLER REDEVELOPMENT: 2 500m² of retail space and two floors of
A new entrance opened on the
A-grade office space. Office space
NEW PROPERTY VENTURES lower ground floor level will lead
will total 750m².
passengers from the public
16 172018
CLAREMONT STATE OF CHAPTER 7
IMPROVEMENT CLAREMONT
DISTRICT REPORT
DOING BUSINESS
IN CLAREMONT
Businesses in Claremont cover the full spectrum of retail
and commercial enterprises, from large corporates to
smaller, independent traders, operating in high-end office
buildings, ground-floor stores and shopping malls.
RETAIL: CAVENDISH SQUARE
Claremont’s anchor retail tenant,
Cavendish Square, is well-regarded
as a premier shopping destination Cavendish Square
in the Southern Suburbs. The centre
contains over 250 high-end stores, and Corwen Streets. This hub caters
FIG. 18: CLAREMONT CBD GROUND
various restaurants, 16 cinemas FLOOR RETAIL OUTLETS
well for the office worker and student CLAREMONTH
and five foreign exchange banks. population who live in the CBD. The CBD HAS
65
Dreyer Street, which runs between Category 2018 clustering promotes surveillance and
the main centre and Cavendish safety, and is seen as a safer option
Connect (formerly The Link), is Health / beauty / cosmetics 65 than individual venues operating
a green hub and the heart of separately from each other.
Clothing stores 46
Cavendish café culture. A sky bridge
connects the main centre with
The popular outlet Tiger’s Milk has HEALTH, BEAUTY
Cavendish Connect.
Restaurants / fast food outlets & takeways 29 been one of the anchor tenants in AND COSMETIC
Convenience stores 20
this entertainment hub since 2015, RETAIL OUTLETS
Cavendish Square attracts an located in the Sunclare building.
average of 1.7m shoppers each Over time, the venue has grown in
Malls / commercial buildings 19 popularity — particularly with the
month. which has, until now, been relatively
Car dealerships & vehicle repairs 10 addition of outside seating, which under-developed.
At the time of writing, the centre is has had a positive effect, both on
undergoing its first refurbishment Informal trading in the Claremont CBD the popularity of the building, but INFORMAL TRADING
Hotels & apartments 9
since it was built 45 years ago. The also for the business operators. The City of Cape Town recognises
first phase was completed this year, Cellphone & computers 7 Since then, the coffee chain
FIG. 17: BREAKDOWN OF SHOPPING MALL RETAIL informal traders as an important
and the second phase is underway. Bootlegger’s has opened up in the part of the formal economy.
The first floor of the centre has been Claremont anchor IN THE CLAREMONT CBD 4
Furniture & appliances 6 same area, adding greater appeal The sector makes a significant
revamped, with new ceilings and
new balustrades, pillars and tiling.
retail tentant, Number Gross Parking Anchor Nightclubs / pubs 6
and all-day trading in the area. contribution to the national
economy. The CIDC monitors
The centre is also opening itself out Cavendish Square stores lettable
retail (sqm)
bays tenants
Banks 4
Demand for office space has grown
in the Claremont CBD, bringing with informal traders throughout the
more to the outside, with improved
access to the centre.
contains over 250 Cavendish 233 43 517 1 800 Woolworths, it a shift in occupant profile. This Claremont CBD, and, while natural
Religious institutions 4
NIGHT-TIME ECONOMY
high-end stores, Square &
Cavendish
Truworths, creates an incentive for commercial attrition has reduced the number of
traders, the sector in Claremont is
property developers as they develop
A vibrant urban centre requires
various restaurants, Connect
Exclusive Books
& Ster-Kinekor
Laundry services 3
new commercial accommodation: to stable and well-managed. Traders
an active daytime and night-time 16 cinemas and five MontClare 16 8 087 500 Pick n Pay
Art suppliers / art gallery / music 3 create night-time venues that cater are required to apply online for
trading permits and are allocated
economy. Six pubs and night clubs foreign exchange Place Petrol stations 2
for office workers, moving away from
nightclubs and more focusing on bays when they become available.
provide after-hours entertainment
in the Claremont CBD. These are banks. Stadium
Due for re-development in 2019 Florist 1
bars and restaurants. The CIDC, with the City of Cape
Town, also focuses on the training
clustered around the corner of Main on Main
This is becoming more prevalent on and education of informal traders
and Stegman Roads, and Dreyer Total 249 51 604 2 300 Other 60 the railway line side of Main Road, throughout the Claremont CBD.
18 MALLGUIDE.CO.ZA 19T
LE TT ER ST ED
ND
LE
MYRT
OU
2018
CLAREMONT STATE OF
GR
IMPROVEMENT
LE
M IL L
CLAREMONT
IN
MP
DISTRICT
TT
REPORT
MA
HEMLOC
1
CA
ER
ST
MA IN
AD
CENTRE OF
T
ET
K
T H IC K
South Africa is a
popular destination 2
1
for global business 2
EXCELLENCE:
F IR
EA
3
process management
OT
PR
3 MOSQ UE
(BPM) services 4
DRAPER
CLAREM ONT BLVD
5
companies, offering a KS
6
4
large, skilled workforce N IE K E R
BUSINESS FOCUS
5
IE
that speaks English 7
CO
RW
EN
TOFF
LAUREL STEGMA
N
with a neutral accent. 6
OAK DAL E 8
EA
DREYER
OT
VI NE YA RD
PR
ON
time of writing, had renewed its ROSCOMM
With large building floor plates and diverse retail and 3 800m2 lease for a further 9
hospitality options available to workers and executives five years. Smaller operators —
YRA
C AV E
B-online and My Debt Assist are K
O B E L IS
PALM
alike, Claremont is a recognised centre of excellence
ING
NDISH
also located in the CBD, taking
LE
for the business process management sector. 600m2 and 1 000m2 respectively. 7
Call centre accommodation requires NEWRY
WI CK
MA IN
a density of between six and eight
EA 10 WAR
metres per person. OPL RALPH
PEA
H
BUSINESS PROCESS connectivity and infrastructure on a BIS
RCE
par with developed countries. While Century City and Bellville 11
MANAGEMENT compete with Claremont in
VE
CAV END ISH
These factors make the cost of
GRO 8 ST AT IO N
FEL
South Africa is a popular destination attracting BPM businesses,
a full-time employee in South 10
DHA
South Africa Claremont appeals to young 14
for global business process Africa 40%-50% lower the United is one of the 11 LAN
NE
professionals and BPM employees, DSD
USE
management (BPM) services most affordable
WL
Kingdom and Australia. destinations in 12 E OWN 9
with its access to a well-managed
OOK
AN
E
N
companies, offering a large, skilled
OVE
the world for
BR
DS
workforce that speaks English with a Currently, four large BPM and English language public transport interchange and GR S TA N
voice processes,
neutral accent. South Africa is also call centre operators operate in with a favourable extensive retail offerings, most HOPE
exchange rate notably Cavendish Square. Upper-
culturally aligned with the United the Claremont CBD: Boomerang and government
Kingdom, Australia and the United Marketing, the Selldirect Group, incentives that income and senior executives in HOPE
support the BPM AN
States. The country has a business- Webhelp South Africa and WNS industry. the BPM sector are attracted by ST
HER SCH EL
friendly operating environment and Global Service SA — which, at the the high-end residential suburbs
around the Claremont CBD and 13
access good quality educational OD
M A IN
O
institutions. BO WW
FINANCIAL SERVICES FINANCIAL SERVICES LEGAL SERVICES
At least 14 financial services Company name Category Company name Category
companies are located in and near
1 Fundhouse Global investment advisers 1 Brian Bacon Inc Property Law
the Claremont CBD. In addition,
NEWLA
2 Coronation Fund managers 2 RD Becker & Associates Sports & Entertainment Law
financial retailers Old Mutual,
Standard Bank, Capitec, Nedbank, 3 Kagiso Asset Management Asset management 3 Carey Olson Offshore Law
NDS
First National Bank and Bidvest Bank 4 Leaf Capital Financial planner 4 Dorrington Jesop Inc Atto
each have branches in the area.
HAR FI EL D
5 Private Client Holdings Private wealth management 5 Mennen Attorneys Attorneys
6 Wealth Planners Financial planner 6 De Klerk & van Gend Attorneys Attorneys
LEGAL SERVICES 7 Cadiz Asset Management Asset management 7 STBB Smith Tabata Buchanan Boyes Attorneys
The Claremont CBD also has a 8 RECM Asset management 8 Antonie van Wyk and Associates Attorney
large concentration of legal firms: 9 AMAC Financial Mgmt. Services Financial consultant 9 Danielle Kriel Attorney Attorneys
at least 11 companies offering legal 10 10
Citadel Investment Services Wealth management William Booth Attorneys Attorneys
services are located in and around
11 Simply Financial Services Insurance 11 Kantor-Fialkov Attorneys Attorneys
the business node. The value of
12 Tappan Financial Solutions Financial planner
Claremont as a centre of excellence
for the legal sector lies in its location. 13 Velocity Trade Multi-asset trading
It is close to both Cape Town and 14 Ipreo Financial Technology
Wynberg Magistrate’s Courts.
20 Private Client Holdings 212018
CLAREMONT STATE OF CHAPTER 9
IMPROVEMENT CLAREMONT
DISTRICT REPORT
CENTRE OF However, corks are now donated
to a local community art project
Kidz Positive Beadwork Project thus
undergoing its Green Star
certification and is expected to
achieve a 4-Star rating. Montclare
EXCELLENCE:
Place and Paramount Place are not
helping to create local jobs.
currently rated in terms of Green
The hotel also has a strong focus on Building certification, however they
sustainable procurement, such as are being retrofitted with various
the use of certified environmentally technologies to further improve the
SUSTAINABILITY
friendly chemicals and using consumption of electricity and water
biodegradable packing for picnic at these buildings.
baskets and other items. In terms of
Growthpoint has managed to reduce
procurement, the Vineyard evaluates
water consumption by almost 50%
and purchases over 200 eco-friendly
over the last 12 months. New
and locally sourced products. In
technologies such as replacing lights
sourcing food, the hotel uses Farmer
with LED low energy fittings and
The so-called heat island effect results in higher Angus for meat and free range
highly efficient HVAC modifications
eggs as far as possible, despite the
temperatures in built-up urban environments than in increased costs of doing so. It also
are continuously being investigated.
suburban areas. However, Claremont is well located to cultivates a small herb garden. Growthpoint has also installed large
flourish, because of its close proximity to the mountain. water-holding facilities and boreholes Gardens at the Vineyard Hotel
In the garden, the hotel is replanting
to safe-guarded against climate
with indigenous vegetation and
change and consequent drought These include, among others, manage and track its waste disposal
CLAREMONT
conditions. RECEIVES MORE installing low-flow showerheads every month. The hotel also has a
Claremont receives more rain and the The hotel has been installing RAIN AND THE and flow restrictors on taps on staff recycling incentive in place,
high clay content in the soil allows for solar panels since 2015. Since NEW PROPERTY VENTURES HIGH CLAY
taps, dual-flush systems on toilets, which offers prizes to staff who have
CONTENT IN THE
better water retention. The water table the publication of the last State
is also relatively high. As a result, the of Claremont report in 2016, the THE HOTEL HAS REDUCED ITS WATER New Property Ventures (NPV) is SOIL ALLOWS FOR
BETTER WATER
replacing linen serviettes with good
quality paper alternatives, and
collected the most recyclables.
conducting an ongoing assessment
area remains relatively green even Vineyard has added 68 new, more CONSUMPTION BY BETWEEN 40-50% of the resilience of its portfolio.
RETENTION. THE
WATER TABLE collecting and reusing left-over
These initiatives have drawn positive
responses from both staff and guests.
during droughts. space-efficient, photovoltaic thermal
That said, when the Claremont
(PVT) panels to its existing bank THROUGH VARIOUS INTERVENTIONS. Water management measures IS ALSO
RELATIVELY HIGH.
mineral water from conferences and
bedrooms to be reused. At a community level, Tsogo
include introducing waterless AS A RESULT, THE
of 80, to provide hot water and Sun group invests substantial
Boulevard was constructed, trees were urinals, controlled flow in bathrooms AREA REMAINS As a result, the hotel has achieved
photovoltaic energy to the hotel. RELATIVELY resources into developing skills,
planted along its length in an attempt taps, dry soaps, multi-use toilets significant water reductions, with
Solar only generates about 2% of GREEN EVEN supporting emerging businesses,
to offset the heat island effect. They to reduce the number of flushes. DURING cohesive and consistent effort,
the hotel’s energy needs. the area along the river has been nurturing communities and creating
also provide shade and bring nature To date, the company’s approach DROUGHTS.
without requiring significant capital
rehabilitated. The hotel also awareness about the importance of
into the urban environment. And as The hotel has reduced its water has been reactive, rather than investment.
organises monthly clean-ups in its WHEN THE
environmental preservation.
they mature, the trees will require less consumption by between 40% to preventative: retrofitting buildings CLAREMONT
community; for example, clearing “Saving water needs to become the
watering since they will reach their 50%, through various interventions, with resource-management facilities BOULEVARD WAS
alien vegetation on Rondebosch CONSTRUCTED, new normal in South Africa as well CAVENDISH SQUARE
own water underground. including guest communication, is expensive. However, NPV is
Common, and clearing the Liesbeek TREES WERE
as the rest of the world, and Tsogo
removing bath plugs, installing committed to ensuring its new PLANTED ALONG Cavendish Square has implemented
For building owners in Claremont, River of litter, among others. ITS LENGTH IN AN Sun has been leading the way in this
aerators on the taps and training developments are more resilient. various measures to manage its
the recent drought emphasised the ATTEMPT regard for the hospitality industry,
and awareness for staff, reducing GROWTHPOINT One development in particular, the TO OFFSET THE water consumption specifically,
importance of planning for resilience and business at large.”
garden irrigation and closing the long-awaited Werdmuller Centre, HEAT ISLAND but also to manage its power
and water security. Businesses in Growthpoint has five properties EFFECT.
swimming pool at peak times. will be able to tap into the natural Tsogo Sun has also joined the global consumption more generally. A
Claremont have also begun to retrofit within the CIDC’s boundaries.
A grey water system has been stream that runs underground, #nostraw campaign, eradicating borehole supplies water for flushing
and plan new infrastructure that The organisation’s Thrive Portfolio
installed for 150 toilets. potentially taking the building off the use of plastic straws across the toilets and waterless urinals
will help them to better manage features substantial measures to
the water grid. entire group. have been installed in the men’s
water and energy consumption. The Vineyard has also become reduce operating costs by reducing bathrooms. Across the centre,
This is good business practice and more self-sufficient in terms of electricity and water consumption, TSOGO SUN Southern Sun Newlands has 44 taps have been switched off
supports Claremont as a sustainable water storage. It harvests rain water improve air quality and increase implemented a vermiculture project,
While Southern Sun Newlands and replaced with waterless hand
urban centre. Some businesses are and is considering plans to treat its productivity. using a number of worm farms
has had a borehole for a number sanitiser. The air conditioning system
implementing various interventions, borehole water to be drinkable. to convert organic kitchen waste
200 On Main, a 4-Star Green rated of years, during the 2017/2018 uses treated water, and the irrigation
as they transition to more resource- into fertiliser. The hotel’s waste
The hotel is also constantly building, is also a Platinum Thrive system uses recycled water.
efficient operations. drought in Cape Town, the hotel management system ensures that
improving its recycling processes. building. upgraded the borehole, installed glass, paper, plastic, metal cans, In terms of general sustainability,
VINEYARD HOTEL It recycles 90% of its waste, and
The Oval also has Platinum Thrive water storage tanks and a filtration organic waste and electronic waste Cavendish Square has installed
seeks socially responsible ways to
The Vineyard has developed a status together with a 4-Star Green system, enabling it to operate is sorted for effective recycling, while large numbers of solar panels on
do so. Previously, for example, the
reputation for its overt commitment rating with benefits very similar to off-grid. The group began its water non-recyclable waste is sent to its roof, to use less electricity from
hotel would donate used wine corks
to sustainability, and continues to 200 On Main. efficiency preparations long before the Athlone waste-to-power plant. the municipal feed. These panels
to a company which exported them
upgrade its resource management Day Zero became a possibility. The hotel’s Don’t Waste services can generate up to a megawatt of
to Europe to make cork flooring. Newlands on Main is currently
infrastructure as funding allows. dashboard enables the hotel to energy.
22 232018
CLAREMONT STATE OF
IMPROVEMENT CLAREMONT
DISTRICT REPORT
FUTURE MAJOR OUR WORK
PUBLIC SAFETY
DEVELOPMENT: PUBLIC
APPROXIMATELY
TRANSPORT INTERCHANGE
16 000
COMMUTER TRIPS FLOW IN
AND OUT OF CLAREMONT
EACH DAY
IN NUMBERS
The CIDC provides top-up services to the
TOGETHER WITH
CIDC PARTNERS
City of Cape Town. Our work is seen on the
58
in the Metro South-east such as arrests made
To keep its people and its economy moving, a Khayelitsha and Mitchell's Plain, as streets of Claremont every day.
metropolitan area needs to be linked by well-managed well as the more established areas 105
affordable, reliable public transport options. of Wynberg and Claremont. medical emergency
assistance
According to the City of Cape Town, SOCIAL OUTREACH URBAN
a more direct public transport MANAGEMENT 142
service that operates with greater fire and rescue and
This requires political will and surrounding the interchange present DEVELOPMENTS
efficiency will stimulate greater extinguishing fires
sufficient investment in upgraded and untapped opportunities. It remains IN SUMMARY:
economic opportunities and spur
new transport infrastructure — such under-developed. Claremont
Public Transport
new developments. This urban 181
as that seen at the Claremont public renewal will have a positive public and nightclub
This will change in the near future, Interchange
transport interchange. interactions
2 297
with the planned redevelopment R38m impact for up to 35 communities
Ongoing traffic congestion curtails of Stadium on Main and the Claremont located along the route, including
86
624
movement, and growing evidence development of the new Werdmuller Boulevard R46m Claremont.
Homeless interactions joint operations with SAPS,
shows that traffic considerations Centre. Two trunk services make up phase Law Enforcement
for the year
are beginning to impact on people’s 2A comprises. These are supported
As described earlier, both are BUSINESSES HAVE BEEN
188
432
decisions about where to buy homes by a network of other routes in
designed to incorporate ‘people MyCiTi Phase 2A VISITED TO DISCUSS
and where to locate their businesses. mixed traffic. vehicle and pedestrian
pipes’, drawing pedestrian traffic flow R816m
ILLEGAL DUMPING accidents attended
Two major infrastructure through the buildings to Main Road, Some sections of the Phase 2A Job opportunities for the homeless
developments have been introduced
within the last decade: the R38m
rather than navigating crowded
pavements around the buildings.
route are underway, and at least via Straatwerk, EPWP programme 120 cases 63
one section has been completed and the Chrysalis academy graffiti removed jump start assistance
invested in the Claremont Public in 2018. for vehicles
The developments will offer mixed
1 692 drains
18
Transport Interchange and the
retail outlets catering for commuters MyCiTi is becoming a more popular
construction of the Claremont cleaned
moving to and from the transport public transport alternative. In
Boulevard, which was a R46m
partnership between the CIDC and
interchange. The new Werdmuller
Centre will cater predominantly
February 2018, an average of
1.7 million passenger journeys
relocations
1 200 cases
14 LAW ENFORCEMENT
the City of Cape Town. The Boulevard illegal dumping
for commuters using taxi and were taken on the service. During
both relieves traffic congestion on attended
rail transport, while Stadium on the morning weekday peak hour
Main Road, and also creates a safe
and efficient interchange for public
Main is likely to serve commuters
predominantly from the bus station
periods, an average of 72 070 Mentally ill patients admitted 15 potholes
transport users. passenger journeys were taken. to healthcare facilities fixed
and the Jamie Shuttle.
180 days
13
Current reports estimate The new corridors - five in total -
These developments are likely will serve at least five times more
approximately 16 000 commuter spent clearing weeds
to create a ripple effect of
trips flow in and out of Claremont
each day – suggesting the influx
development, along and on the other
passengers than currently travel on
the existing MyCiTi routes. Homeless received their
60 road lines 6
side of Main Road, contributing to I.D. document arrests made
of 8 000 commuters per day. This offers a significant advantage painted
the general upgrade of the area.
Once completed, the MyCiTi bus is
This will also impact on the access for commuters from across all 63
expected to significantly increase this areas in the south-east, from fines issued for by-law
to public services, such as health
number. It is also likely to change the both low-income communities infringements
care, for people moving into and
profile of commuters, as it is one of currently excluded from accessing DIGITAL & SOCIAL MEDIA
the few modes of public transport
through the area.
economic opportunities, as well as 3 563
supported by more affluent travellers. PHASE 2A: MYCITI BUS the more affluent areas affected by 843 Facebook fans 98 Twitter followers vehicle-related fines
congestion in the city. 14 821 #visitors p/year 258 Tweets for the year issued
In recent years, the City of Cape When complete, the R816m Phase (Rand value - R1 968 000)
Town has provided substantial 2A of the MyCiTi Bus service will The routes are expected to be
investment in the public transport serve an additional approximately completed by 2032.
interchange. However, the property 1.4 million residents from areas Published by the CIDC, October 2018
(Source: Business Report 6 April 2018) Design: Sam Bainbridge, Infestation www.infestation.co.za Editing & Proofreading: Composition, www.composition.co.za
Research: Sandra Gordon, Pam Golding Properties
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