Real Estate Investor Magazine May 2024 Edition | Page 121

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SMART CITIES efficient designs , such as use of passive heating and cooling , to water-saving technologies , new developments in the city are required to adhere to strict environmental standards , ensuring that Cape Town remains a leader in green building practices . In addition , it ’ s been codified that a building ’ s energy efficiency must be ‘ through the line ’ — from its lifts to its light bulbs . These strict regulations , while costly to implement , mean Cape Town is helping set the global standard for sustainable architecture .
Innovative architectural and design features further contribute to Cape Town ' s Smart City ethos . Pedestrian thoroughfares , co-working spaces and bicycle racks in our buildings promote live-work-play lifestyles , reducing commute times and fostering community interconnectedness . Meanwhile , advancements in smart infrastructure , such as digital check-in systems and facial recognition technology , enhance security and streamline building management processes . In the last few years we ’ ve witnessed this shift first-hand in Cape
Town ’ s city centre , as previously commercial buildings have become residential . I believe we ’ ll continue to see this take place , as people seek out the ‘ 15-minute city ’ lifestyle .
As we look to the future , Cape Town stands poised to continue its journey towards becoming a model Smart City , where innovation , sustainability , and quality of life converge . By harnessing the power of technology and embracing progressive urban planning principles , we can ensure that Cape Town remains a vibrant , resilient , and inclusive city – for generations to come .
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Real Estate Investor Magazine MAY 2024 63