Real Estate Investor Magazine South Africa July/August 2019 | Page 15

DAN PLATO not taking over any unfunded mandates. It should be clear from the above that we are in the very early stages of this process and cannot provide more detail at this point.” With 4000 SMMEs in the Bellville/Parow area it is a key entrepreneurial hub that is key in driving employment in the area. Mayor Plato points to the City’s Business Hub service as one resource that has been provided to assist SMMEs and entrepreneurs. In addition, the City has also concluded a 3-year collaboration agreement with the Greater Tygerberg Partnership (Pty) Ltd (GTP) as well as the Small Enterprise Development Agency (Seda) Cape Town branch to support enterprise development. “We work closely with the both of these organisations, through their respective offices in Bellville and satellite offices in Cape Town, Khayelitsha and Atlantis. We have also commenced implementation of an Enterprise and Supplier Development programme to improve the abilities of City registered vendors to compete for City SCM opportunities and access new markets across the City. The first phase has targeted community based vendors in all 24 sub councils,” says the Mayor. Turning to investor concerns about crime in the area, Mayor Plato said that the City’s Metro Police and Law Enforcement departments have effected 58 arrests and issued 38 warrants of arrest following crime prevention successes in Bellville and Parow from January – June 2019 alone. Officers have attended to 702 By-law complaints and service requests including C3 notifications. There have been 529 Section 56 notices and 5919 Section 341 notices issued over the 6 -month period. Officers have conducted 637 permit checks and issued 23 NRTA traffic fines of which 2161 items were impounded. Additionally, there have been 529 compliance notices issued, 443 street persons interventions and 171 structures removed. There are also a total of 31 cameras in these two areas collectively which contribute towards these crime prevention successes. The South African Police Services has two stations covering Bellville and Parow and may have additional information to share about their crime prevention initiatives. Noting Bellville’s role as a key academic hub (with the highest density of education institutions in the Cape) we asked what role does this potentially play for investors and what is being done to incorporate the students into the life if Bellville and Parow? Bellville is Cape Town’s second CBD with five hospitals and three university campuses located within the central area. The campuses and student population could serve as drivers of urban regeneration. The provision of affordable (social) rental housing is therefore a vital component of our strategy – to achieve spatial transformation, and to ignite urban renewal. As describe above, the City will use the available public land and existing public transport infrastructure as a catalyst for the regeneration of these business districts; and will also invest in capital projects in the VRCIZ. By implementing the principles of transit-oriented development we intend to create a sustainable living environment and economy – initiated by the City through investment in public transport and followed on by private investment in new developments in the immediate vicinity and surroundings of the public transport infrastructure. Furthermore, the City’s long-term plan is to transform the Bellville public transport interchange (PTI) into a modern, state- of-the-art public transport interchange that will combine all modes of transport – from minibus-taxis, to trains, the MyCiTi bus service, and long-distance buses – and to cater for pedestrians at scale. This is a complex and long-term undertaking and involves a number of role-players from different levels of government, key among which is PRASA. The project is also reliant on the availability of funding. On asking why property investors and managers should turn their interest to Bellville, Mayor Plato returned to the important idea of Bellville as the second metropolitan node in Cape Town. “As Bellville is one of the priority areas for the City it would be in private investors’ interest to take advantage of this. Given its location, the Cape Town central business district has very limited space for further expansion, if at all. Bellville is the obvious next CBD where investment should happen, and where there is ample space for new developments. It is for the private sector to see this potential and to assist us in developing Bellville to its full potential. tv Don’t miss Neale’s exclusive interview on REItv with WARREN HEWITT, CEO of Greater Tygerberg Parternship. SUBSCRIBE to REItv on REImag.co.za RESOURCES The Greater Tygerberg Partnership/City of Cape Town SA Real Estate Investor Magazine JULY/AUGUST 2019 13