The mayor explained that the 10 300 square meter property was on the verge of Cape Town’s CBD in Woodstock and would provide some 200 social housing units and in excess of 300 gap and market-related houses.
‘We pledged faster land release for more affordable housing, and in the year this priority project has been running, we have delivered five inner-city land parcels totalling over 1 300 social housing units through this council.’ The New Market Street is one of nearly a dozen sites in the inner city that were identified to be set aside for affordable and social housing initiatives in 2017.
The Woodstock Hospital site, Woodstock Hospital Park, Pickwick Street, and the Roeland Street property where Fruit Lover’s Market is located were the five projects that were canceled.