The City had advertised another tender for a second precinct in the Parow area last week, along the Voortrekker corridor. These prime locations have been earmarked for social housing developments.
Mayoral Committee Member for Human Settlements, Councillor Malusi Booi said, “The Social Housing Programme is a critical spatial intervention where the City leverages its strategically located land assets to foster change in the way that the City of Cape Town functions. With the release of the Parow sites, the City is leveraging its land assets as a regeneration strategy to stimulate private sector investment in the area.
Councillor Malusi Booi added, “We have three social housing projects under construction currently, with a combined yield of more than 1 300 opportunities. A further estimated 1 600 social housing opportunities will also be unlocked through the release of an additional five City-owned land parcels within the city. This demonstrates the City’s commitment to developing land for social housing on well-located land, close to economic opportunities and public transport.