R10-billion Harbour Arch to create thousands of jobs

The Harbour Arch, mixed use development, is expected to transform the Cape Town Foreshore and create much needed jobs in that city.

The Harbour Arch, mixed use development, is expected to transform the Cape Town Foreshore and create much needed jobs in that city.

That is according to project developers, the Amdec Group. The project, which will be valued at about R10-billion, will be situated at the confluence of the N1 and N2.

Among the more prominent features of the new Harbour Arch will be street level motor dealerships, lifestyle and convenience retail, boutique office space, upmarket residential apartments, and two Marriott branded hotels.

The site for the project is 5.8 hectares large, which includes  200 000m2 of usable space. Developers are calling it the new gateway to the Cape Town CBD.

The first phase of the development alone is expected to create around 2 500 construction jobs. Meanwhile, the two Marriott branded hotels will secure approximately 350 permanent jobs, with additional opportunities in the various retail spaces.

Head of Development at Amdec Property Developments, Nicholas Stopforth, said he was hugely excited by this new development, adding that it would be a game changer for the Western Cape province.

“New Urban Architecture has become a global phenomenon – where you live, work, play, relax, and stay in a safe, convenient, sustainable and community-focused environment,” said Stopforth.

“As with Melrose Arch, we are using international best practice to design these new urban spaces that will redefine city living,” added Stopforth.

Echoing similar sentiments was James Wilson, Chief Executive Officer for the Amdec Group. He further explained what this project was all about.

“It’s geared to allow for pedestrian traffic at all hours of day and night, and offers residents accommodation together with other lifestyle elements, all in the same location such as shops, gyms, restaurants and cocktail bars, with a huge emphasis on security,” said Wilson.

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