Cape Town CBD Flourishing

Major office and retail projects are adding new life to Cape Town's central business district. Though much investment centers around South Africa's 2010 World Cup, many expect the CBD investments to continue for years.

"Cape Town Partnership CEO Andrew Boraine says in the past seven years the cumulative investment into the city centre has touched R14-billion while another R24-billion is scheduled to be pumped into the area in the next three to five years."

"A sizeable chunk of this capital expenditure will develop public infrastructure ahead of the country's hosting of the World Cup Soccer in 2010 with projects including the Cape Town station refurbishment, station precinct redevelopment and a R500-million upgrade to the electrical infrastructure."

"However, Boraine says it is the office and retail accommodation investment that has generated the highest levels of excitement. Likening it to 'experiencing a retail revolution', he says the residential drive peaked at 3500 inner city apartments and the pendulum has returned to office accommodation."

Full Story: Central CT regenerating


building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95

Wear your city with style!

100% silk scarves feature detailed city maps. Choose from six cities with red or blue trim.