Parking proposal

2016-10-25 06:00

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Mayco members have thrown their support behind a proposed plan to ask residents what they think of parking their cars in Cape Town Stadium.

It is suggested that public input be gathered about a proposal for a 10-year lease of internal office space and around 1000 parking bays at the stadium.

Business rights were recently granted for the Stadium and forms part of an effort by the City of Cape Town to commercialise it, explains acting Mayco member for finance, Johan van der Merwe. The City has endorsed a business plan aimed at boosting development opportunities and the marketability of the stadium, says Van der Merwe.

The proposal to lease internal space in the stadium follows the issuing of a tender for the long-term lease of the City’s Granger Bay Boulevard site, next to the stadium.

The construction value alone could be about R600m (“Tenders open for Granger Bay site”, People’s Post, 20 September).

The City will keep ownership of this property as the development and management of the property will be done on the basis of a 25-year lease.

“One way to enhance the sustainability of the stadium precinct is by encouraging greater public usage. This tender aims to do just that as the site is located on transport routes and in close proximity to the CBD,” the City’s deputy mayor, Ian Neilson, previously told People’s Post.

If approved by Council, the public participation process for the lease of internal office and parking space in the stadium is expected to start in November and continue for three months.

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