9 HOPKINS , SALT RIVER , CAPE TOWN
Divercity Urban Property Group is breaking ground on a brand-new mixeduse development that will see almost 400 affordable rental apartments constructed in Cape Town ’ s vibrant Salt River node .
9 Hopkins , which will also feature street-level retail and leisure amenities for its tenants , is Divercity ’ s first development in Cape Town . Cape Town has a severe shortage of rental housing at rates of under R8,000 / month and Jonathan Reader , Chief Investment Officer at Divercity , says 9 Hopkins aims to fill this gap . 9 Hopkins is designed by GASS Architecture Studio .
Divercity , which has been recognised with IFC Edge Champion status for its sustainable and inclusive development , is South Africa ’ s leading investor in well-located and affordable housing in amenity-rich , mixed-use environments . It is partnering with Twin City to develop 9 Hopkins .
Situated just 2km from the Cape Town CBD , the development will be home to 398 apartments , most of which will be studio and one-bedroom units , totalling 168 and 154 respectively . There will also be 76 two-bedroom apartments . Sizes range from 18m 2 for a studio to 50m 2 for a two-bedroom apartment .
In addition to the rental homes , 9 Hopkins , which forms a triangle wrapped by Yew , Hopkins and Aubrey streets , will offer 930m 2 of retail space , a clubhouse , gym , co-working area and a communal terrace . Furthermore , residents will be able to enjoy a private courtyard in the centre of the development . With a modern , upmarket design , the development will add an edge of sophistication to the node that already boasts a prime location in the Mother City . It will also feature green , open spaces for neighbourly engagement and relaxation .
Reader says this development is the start of an exciting new chapter for
Divercity , as it looks to expand beyond Gauteng , where it has already established a leading track record developing affordable , yet quality accommodation in mixed-use developments that promote quality urban living .
Divercity ’ s developments include the landmark Jewel City in the Johannesburg CBD and the upcoming Barlow Park on the periphery of Sandton CBD , which it is currently developing with Atterbury , in partnership with Barloworld and the Moolman Group , as well as Twin City . “ The team is working on several other opportunities in Cape Town that should break ground in 2024 ,” confirms Reader .
LEAPING FROG RETAIL CENTRE REDEVELOPMENT , FOURWAYS
Leaping Frog Retail Centre , the iconic convenience shopping centre in the heart of the Lone Hill and Fourways Gardens neighbourhoods , has commenced an extensive redevelopment project .
The project , set to commence in November 2023 , aims to place key emphasis on keeping what has made the centre successful in the past and building on this to make it even better for the surrounding communities going forward . The redevelopment will bring with it a fresh and upmarket tenant mix that is focused on daily needs and services . It will also have many new eateries and coffee shops to make it the local meeting place for all . Anchored by Checkers ’ new flagship FreshX store and a big Clicks pharmacy , the upgraded Leaping Frog will be the go-to convenience centre in the greater Fourways community for many years to come .
The Leaping Frog Retail Centre , developed by Dorpstraat and Abcon
Developments , will be rolled out in phases over approximately 12 months to ensure easy transition for tenants and shoppers alike . “ We are truly excited to embark on the much needed upgrade of this old land-mark centre in Fourways .
We invite the loyal Leaping Frog customers to follow our journey as we transform this iconic centre into a bestin-class convenience retail offering ,” said Jannie Kruger , co-founder of and Managing Director of Dorpstraat .
Project Watch 17