Potential sale of valuable land in Clifton is planned

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The City of Cape Town is moving ahead with its controversial plans to sell municipal land between Clifton and Camps Bay. This is despite the fact that the area cannot legally be developed in its current state. One of the most valuable pieces of land in Cape Town is to be sold for development, netting the city what experts say will be well over R100-million. An initial proposal, issued for public comment, includes the possible sale of the land on which the Glen Country Club and The Bungalow restaurant are located. The country club includes bowling greens, tennis courts and a cricket oval.The land is zoned for “mixed use” and rezoning will be required if the development is given the go-ahead. The development will probably comprise a three-level underground parking garage with 750 bays, and about 2750m² of commercial space, including an anchor retailer tenant. The Bungalow is likely to be the relocated.

Sources : My Broadband | Times Live

Photo credit: Times Live