Economic & Financial Considerations Chevron had occupied its original ( Louis Karol-designed ) headquarters on Cape Town ’ s Foreshore for 40 years . Chevron was impressed that the old building had withstood the decades with only minor alterations . Chevron ’ s properties department therefore recognised the advantage of using the powerful economic instrument of its own lease in order to be applied to its own capital asset .
Chevron would sell off the valuable Foreshore building upon occupation of the Century City
site , which realised value would vastly offset the cost of the state-of-the art new headquarters . Chevron resolved to develop its own property for its ultimate use and benefit .
Design Concept The striking primary form is characterised by a perimeter block typology . This decision was taken to create , on the one hand , a tranquil space in its centre but , on the other , to reinforce the street line and make an urban statement in a suburban context . Furthermore , this massing allowed
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