Substantial development for Salt River's Brickfield Road
Category News
Pockets of Salt River, once a booming part of Cape Town due to its proximity to the CBD, have been revitalized under property developers whose foresight envisioned the creation of a contemporary place to live, work and play.
Bordering Woodstock, the area is part of a R20 billion urban renewal initiative across Cape Town. The Salt River urban renewal integrates several related projects that aim to increase and upgrade the current available space – from the renovation of industrial buildings and the upgrading of sidewalks to the creation of a community playpark and art installations.
Dawie Swart from Investicore acquired 13 Brickfield Rd in May 2015 and together with Construct Capital, a Property Finance and Development company, have redeveloped it into a mixed commercial and retail space housing Deckle Edge, Bootleggers and the Woodstock Bakery, among a mix of creative businesses.
“I aim to create an environment that can accommodate an eclectic mix of businesses to serve the area. From a chef’s academy, art supply store and restaurants to innovative tech companies and other creative industries,” says Swart. He has already successfully redeveloped an old textile building at 97 Durham Avenue, now the home to Red and Yellow advertising school, Zando, The Creamery, Get Wine and Devils Peak Taproom to name a few.
Author: e-property news