Amdec unveils new Harbour Arch
Category News
Situated at the confluence of the N1 and N2, within close proximity to the vibrant Cape Town CBD, Harbour Arch will encompass street level motor dealerships, lifestyle and convenience retail, boutique office space, upmarket residential apartments, and two Marriott branded hotels.
Built on a 5.8-hectare site, with 200 000m2 of usable space, Harbour Arch will ultimately comprise six individual towers located above a landscaped pedestrian walkway running the entire length of the precinct.
Positioned as a new gateway to the CBD, the development will be valued around R10-billion on completion.
Harbour Arch is also expected to create significant job opportunities. The first phase of the development alone is expected to create around 2 500 construction jobs. Meanwhile, the two Marriott branded hotels will secure approximately 350 permanent jobs, with additional opportunities in the various retail spaces.
Modelled on Johannesburg’s iconic and award-winning Melrose Arch, also developed by the Amdec Group, the Harbour Arch site will embrace the principles of new urban design – community, sociability, safety and security, convenience, accessibility, sustainability, eco-efficiency.
Author: Property Wheel