MAIN FEATURE
In addition, Bellville is growing fast in sectors such as education( tertiary), health services, financial services, and business process outsourcing, and is emerging as a regional retail hub. Leveraging Bellville’ s cluster of tertiary academic institutions offers significant opportunities to realise an Innovation District and student housing demand.
Through the City’ s Catalytic Land Development Programme( CLDP), Bellville was identified as a priority Catalytic precinct and extensive visioning and preparatory planning work has been progressed to develop a long-term development vision for the area. The vision, which was launched by the Mayor on 1 March 2021, builds on the latent potential of the Bellville CBD through creating a high quality mixed-use urban environment, public realm and an affordable and accessible public transport system.
Realisation of the City’ s long-term spatial vision will be achieved through engaging with multiple role-players to work in partnership. In the interim, and as a way of proving the City’ s intent to achieving this vision, the Urban Catalytic Investment Department( UCI) is in the process of converting this vision into a Local Spatial Development Framework( LSDF), which will be consulted publically during 2022 for adoption by Council.
Once public participation has been concluded and the LSDF be adopted by Council, the Bellville CBD LSDF will establish the long-term development
24 NOV 2021 SA Real Estate Investor Magazine