R125.6m tenders launched for affordable housing developments
The City of Cape Town has issued four land-release tenders worth about R125.6 million for affordable, mixed-use housing developments on well-located sites in Brackenfell, Ottery and Lansdowne, with bids closing on March 17.
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THE City of Cape Town has issued four new land-release tenders with a combined estimated value of about R125.6 million (excluding VAT) for affordable, residential-led mixed-use developments on well-located parcels of land in Brackenfell, Ottery and Lansdowne.
The tenders form part of the City’s affordable housing programme and are aimed at attracting private-sector partners to develop investment-ready sites close to amenities and public transport.
The City said all due process and public participation requirements would continue to be followed where required.
The programme is driven by public-private partnerships, with City-owned land packaged and de-risked to encourage market participation while expanding access to affordable housing.
Land-price discounts applied to the affordable housing portfolio are intended to reduce barriers to entry and support an investor-friendly business environment.
Mayoral Committee Member for Human Settlements Carl Pophaim said a people-centred approach remained central to the programme.
“Central to the agenda is providing inclusive and safe residential environments with ecological amenities and green spaces,” Pophaim said.
“Local economic growth, better access to employment and proximity to public transport - including rail, minibus taxis and bus services - form part of the suite of benefits.”
He said the City had made four tenders available on its tender portal, inviting prospective developers to consider the land offerings.
The closing date for submissions has been extended to 10am on Tuesday, 17 March, to allow bidders sufficient time to submit proposals.
In Ottery, the Enslin site comprising several erven is proposed for a residential security estate of about 375 units in two- to four-storey buildings.
In Lansdowne, land at the corner of Smuts and Ruby roads is earmarked for a similar security estate of about 308 residential units in four-storey buildings, in Northpine, a site on Buiten Street is proposed for a larger development of approximately 396 affordable rental units, together with 34 housing ownership opportunities and around 800m² of retail floor space.
In Ruwari, Brackenfell, a smaller development at Affodil Street is planned, with about 115 affordable rental units, 30 ownership opportunities and roughly 60m² of retail space.