Real Estate Investor Magazine South Africa March 2015 | Page 44
transport nodes
Transport Infrastructure
Urban regeneration of new transport routes
BY COUNCILLOR BRETT HERRON
P
hase two of the MyCiTi service – dubbed the
Lansdowne/Wetton Corridor – will eclipse all
former public transport infrastructure projects
embarked upon by the City of Cape Town. Once
rolled out, it will transform the lives of at least 1,4
million people living in the metro South-East and the
Southern Suburbs.
“More than 1,4 million people live
within the metro South-East and
Southern quadrant of the city.”
The Lansdowne/Wetton Corridor will provide
residents with a direct, efficient and scheduled public
transport service. Of equal significance are the
opportunities this corridor will unlock within the 35
communities along it’s route. These include improved
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March 2015 SA Real Estate Investor
accessibility to these areas, increased mobility of the
local residents, reduced congestion, new developments,
private investment and the subsequent urban
regeneration.
The two interconnecting trunk routes that will form
the ‘spine’ of the Corridor will cover a distance of 53
km.
The project will see the investment of R4, 1
billion over the coming years, in accordance with the
allocation of national grant funding. This will be spent
on the construction of the dedicated red lanes, bus
stops, stations, depots, park-and-ride facilities, and
non-motorised transport facilities to meet the demand
of a ridership estimated to be four times that of Phase
one of the MyCiTi service.
“It may be easy to count the Rands, to measure the
kilometres, and to record the number of residents to
benefit from this massive project. What is more difficult
to quantify though is the legacy that we will leave
www.reimag.co.za