Cape Town mayor Dan Plato has launched the Bellville Future City project with the aim of transforming the area into a second central business district.
‘The vision of developing Bellville as Cape Town’s second CBD has been discussed for a long time and today, we are taking concrete action. We are establishing strategic forums to engage academic institutions, the business sector and civil society, which will assist our short, medium and long-term goals of revitalizing the Bellville CBD,’ said the City’s Executive Mayor Dan Plato.
He said that Cape Town continues to experience rapid urbanization, however this has not been the case for Bellville which has suffered from a protracted period of decline which has impacted negatively on the area’s attractiveness as an investment destination.
“A key part of the revitalization will include the establishment of an innovation district to facilitate increased investment in the knowledge economy, and sharing strategic information related to policy development and planning.
“The second forum will comprise of the business sector, which will assist with the regeneration by directing investment through the Innovation District. The Greater Tygerberg Partnership will be assisting with the implementation of the project, as a city-linked body.”