Cape Town proposes commercial stadium use

Cape Town - The City of Cape Town wants to convert its stadium into a hub of commercial activity to make the R4.5bn building sustainable, it was reported on Wednesday.

The Cape Times reported that the stadium was costing the city about R44.6m a year with very few hiring activities taking place due to hiring costs.

The mayoral committee decided on Tuesday it would approach the province to ease restrictions that were put in place to appease Green Point residents during the 2010 Soccer World Cup.

The province had banned commercial and retail outlets, commercial parking, and hiring out of commercial office spaces to third parties to reduce high noise levels and traffic volumes.

If these rules are scrapped, it could see a nightclub, restaurants, coffee shops and sports bars built within the stadium and precinct.

Green Point Ratepayers and Residents Association chairperson Bobby Goebel told the newspaper it welcomed development within the stadium but would object to a building on the Green Point Common.
We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Lockdown For
DAYS
HRS
MINS
Voting Booth
President Ramaphosa has punted the idea of mandatory Covid-19 vaccinations for South Africans. This is:
Please select an option Oops! Something went wrong, please try again later.
Results
The right thing to do. We desperately need more South Africans vaccinated to prevent further mutations and restore normality in our lives.
72% - 6517 votes
A risky strategy. Compulsory vaccinations may have unintended consequences and damage our rollout campaign.
28% - 2585 votes
Vote
Rand - Dollar
16.04
-1.0%
Rand - Pound
21.28
-0.7%
Rand - Euro
18.15
-0.8%
Rand - Aus dollar
11.39
-0.6%
Rand - Yen
0.14
-1.3%
Gold
1,781.01
+0.3%
Silver
22.26
-2.5%
Palladium
1,736.96
-0.3%
Platinum
935.00
-0.6%
Brent Crude
69.23
-5.5%
Top 40
64,786
+1.1%
All Share
71,198
+1.0%
Resource 10
67,859
+0.9%
Industrial 25
93,997
+0.9%
Financial 15
13,880
+2.1%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE