PROJECTWATCH
PROPOSED , CURRENT AND FUTURE PROJECTS FROM SOUTH AFRICA AND ABROAD
PROJECTVIEW
THREE43 ON B , SEA POINT
Property developer BLOK recently launched its latest project - THREE43 ON B , offering 101 units . The development is BLOK ’ s 15th and continues the evolution of property development that extends living spaces beyond the front door with expansion into vibrant restaurantlined streets , promenade walkways , and luscious green spaces . Speaking at the event , BLOK ’ s Managing Director Jacques van Embden said that as developers , BLOK aims to constantly evolve its design strategies and push the envelope when it comes to building homes that are communities and communities within homes . “ All of our developments are specifically designed to become future-proofed urban playgrounds where our residents can experience everything they could want or need , together in one place – from working spaces to dining places , and everything in-between .” “ With a communal rooftop & lap pool boasting mountain and ocean views , an urban courtyard , on-site retail and commercial outlets and fibre-ready work-from-home stations and more , THREE43 ON B epitomises the future of urban living that supports Cape Town ’ s vision of becoming a city of the future ,” said Van Embden . To find out more about THREE43 ON B visit : blok . co . za / three-43-on-b
MAJOR URBAN RENEWAL UNDERWAY IN MAITLAND
A major urban renewal project is currently underway in Maitland ’ s south-western node , at the gateway to the City of Cape Town ’ s Voortrekker Road development corridor . The project is designed to unlock the potential of this strategically important area , just five kilometres from the centre of the CBD , through the delivery of significant new inclusionary housing and job-creating commercial developments .
Construction has been completed on the first of seven new buildings , which will collectively deliver more than 50,000m 2 of mixed-use development bulk and add at least 1,200 residential opportunities aimed at low to middle income households .
The first of these developments , The Prime , is a 143-apartment building which is now fully let . A second major development in the precinct , Maitland Mews , is currently under construction . This R93-million social housing project will deliver an additional 204 affordable rental units , with a scheduled completion date of January 2023 .
The initiative , branded as Maitland Metro , is being spearheaded by BlueBluck Projects , in cooperation with national and local government authorities , and in collaboration with Madulammoho Housing Association and The Maitland City Improvement District . The Maitland Metro concept was unveiled by the Managing Director of BlueBuck Projects , Shaun Reznik , at the City of Cape Town ’ s Affordable
14 Project Watch