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Buy nowThis tender invites proposals for the sale and development of specific erven in Rondebosch-East, Cape Town. Key requirements include a comprehensive concept plan and evidence of prior residential development experience.
The City of Cape Town is seeking proposals for the sale and development of erven 168872, 108958, and a portion of remainder erf 168871 located at the intersection of Kromboom Road and Seventh Avenue. This project aims to create a vibrant, mixed-use residential area that prioritizes ecological sensitivity and community integration. Bidders must submit a detailed concept plan that includes site layout, building designs, and landscaping features, demonstrating compliance with urban design objectives aimed at enhancing public spaces and community safety.
Proposals will be evaluated based on functionality, financial feasibility, and the ability to deliver affordable housing units. Tenderers are required to showcase their experience in residential developments with a minimum capital expenditure of R500 million, alongside a comprehensive financial model that outlines projected costs and revenue streams. The development should also emphasize sustainability, with features like permeable surfaces and integrated green spaces to enhance the living environment for future residents.
This tender is suitable for property developers, construction firms, and consortiums with experience in large-scale residential projects, particularly those focusing on sustainable and community-oriented developments.