V&A branches out to CBD

2015-12-15 06:00
 A R700m development is planned for the V&A Waterfront and will help connect the Waterfront to the city centre.

A R700m development is planned for the V&A Waterfront and will help connect the Waterfront to the city centre.

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The R700m first phase of a new “district” at the V&A Waterfront is underway, with a head office for British American Tobacco South Africa (BAT South Africa) as the first project.

Totalling 75 000m² (or 7.6 hectares), the mixed-use Canal District straddles both sides of Dock Road. The V&A Waterfront’s acquisition of the Amway and Queen’s Hotel buildings last year gives it a connection to Buitengracht Street.

The Canal District ties into the arterial route that connects the city centre to the V&A Waterfront, and into the main pedestrian route that runs along Dock Road.

David Green, CEO of the V&A Waterfront, says demand for commercial space at the V&A Waterfront is driving development. “This district is also a piece in the jigsaw puzzle that provides a seamless link to the CTICC and Cape Town’s CBD.”

With a canal at its heart, as well as a new urban park incorporating the remnants of the historical Amsterdam Battery, the Canal District is essentially the first point of contact with the V&A Waterfront for visitors entering the property from the city centre.

The first building, Amsterdam House, is divided into two at the centre, with the multinational BAT South Africa occupying 8000m² in the south wing.

As with all other V&A Waterfront developments, Amsterdam House has been designed according to best practice green design principles, and is intended to achieve a minimum 5-star green rating. Completion of Amsterdam House and the car park is expected by November.

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