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Cape Town in SA approves public participation process for Newmarket Street Housing project

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Home » Buildings » Residentials/apartments » Cape Town in SA approves public participation process for Newmarket Street Housing project
US$ 25m social housing project launched in South Africa

The City of Cape Town’s Council in South Africa has approved the public participation process for one of the City’s flagship social housing developments in the central Cape Town area, namely the proposed Newmarket Street project, with a desktop valuation of approximately US $6.2m. This is in line with the City’s commitment to enabling affordable housing with partners on suitable, well-located land across the metro.

This is part of the City’s planned development of more than 2000 affordable housing opportunities on well-located pieces of land in and near urban centres across the metro to enable greater spatial equality. The City continues to assess all suitable City-owned land across the metro for social housing development.
The public participation process
The public participation takes place within the prescripts of the Municipal Asset Transfer Regulations Act (2008) for the intended long-term rights to use, manage and control the property for social housing for a period of 30 years. The project is located just a short walk to the central Cape Town city centre.

In parallel to this, a rezoning process and associated public participation will be undertaken to give members of the public a chance to have their say on the proposed change of land use from it being zoned for transport use only to mixed use, comprising social housing, parking, among others. Public participation for both processes will kick off from 7 May 2021 to 7 June 2021. More details will follow.

“Our intention has always been to develop affordable housing opportunities in urban centres across the metro in an inclusive, fair and ordered manner. Social housing developments are truly complex and intricate with a host of legislative requirements to adhere to before development can take place. It takes hard work and dedication to see these projects through and we thank City staff and all our partners, as well as our communities and civic representatives, who are walking with us on the path to a more spatially integrated city, with greater access to affordable housing. Other planned central and metro-wide projects are also progressing, such as the Pine Road and Dillon Lane, Salt River Market proposals and the development plan for the Woodstock Hospital,” said the city.