Download the Future Cape Town position statement here
- Long term lease of 1,000 parking spaces and 5,000 sqm of commercial space
- City of Cape Town : Establishment of the Municipal Entity
Future Cape Town in August 2013 released its formal Position Statement on Cape Town Stadium and the Green Point Urban Park in relation to the business plan and related proposals as part of the public participation process that ended on 31 March 2013.
The City of Cape Town on 12 November 2016 as proposed the establishment of a municipal entity to manage the Cape Town Stadium, in line with the recommendations contained within our 2013 Position Statement.
We believe that the outcome for the Stadium has the potential to affect all Capetonians and can set powerful precedents in the sphere of public engagement.
Broadly speaking, Future Cape Town is in favour of a mixed-use development model strategy for the Stadium and the Urban Park, as per one of the business models outlined in the business plan. This strategy would involve the City of Cape Town engaging with public/private partnership and municipal entities in operating the Stadium and Park, which would translate into a lower financial risk and greater flexibility to foster a climate of commercialisation.
To implement this, there has to be a relaxation of the zoning of land of the Record of Decision of 2009, but Future Cape Town also argues for maintaining the accessibility, both physical and emotional, of the Stadium precinct, and the importance of communicating with the public in realising this.
A summary of our recommendations
The proposed mixed-management model:
Given the significant investment involved, Future Cape Town would prefer a municipal entity that acknowledges the national, provincial, local government and other investments in its existence thus far.
Future Cape Town supports this, provided a formal knowledge sharing mechanism is set up with existing public-private and municipal entities, in light of the benefits of avoiding the stringent conditions of the Municipal Finance Management Act.
The proposed commercialisation of the precinct:
Future Cape Town supports this, provided that clear policies and guidelines are put in place to ensure that local SMMEs benefit from the business opportunities provided and that commercialisation is not pursued at the expense of accessibility (in its fullest sense) by all Capetonians.
The proposed construction of additional suites:
Future Cape Town supports these, as they are crucial to securing an anchor tenant, but should be subject to a design review. The capital cost and delivery of the additional suites needs to be clearly separated from the costs of operating the Stadium.
The proposed four-storey commercial building and parkade:
Future Cape Town does not disagree with the commercial building in principle, but the responsibility of any large-scale construction should not be borne by the Stadium operator — a special purpose vehicle might be more suited to this task. Future Cape Town is also opposed to any additional parking being provided, as we are of the view that this is neither necessary nor desirable.
Rashiq Fataar, Managing Director of Future Cape Town, says: “Our position statement on the business analysis recommendations has been centred on the principles of accessibility and sustainability, acknowledging the importance of considering the success of the venue holistically, beyond its ability to produce profits.The business plan also provides a departure point for more constructive engagement about the future of Cape Town Stadium and Green Point Park. We look forward to the outcome of this process, and look forward to our role in formally engaging with the City of Cape Town and all sectors of society towards a joint vision for Cape Town’s jewel”.
Read more :
- Find our full position statement here: Cape Town Stadium Position Statement
- Cape Town Stadium : Accessible versus Transparent
- Find previous media releases regarding the Stadium by Future Cape Town at the following links:
2013/01/media-statement-the- future-of-cape-town-stadium- looks-brighter/
ttp://futurecapetown.com/2012/ 12/media-release-planning-for- the-future-of-cape-town- stadium/
futurecapetown.com/2012/06/ media-release-record-of- decision-commercialisation- and-the-cape-town-stadium/
- Find a link to the Cape Town Stadium business plan here: http://www.capetown.gov.
za/en/PublicParticipation/ Pages/CTStadiumBusinessPlan. aspx