The City of Cape Town has given the go-ahead for a new development that will host global tech giant Amazon’s new African base of operations.
The Liesbeek Leisure Properties Trust, which owns the River Club golf course and conference center in Observatory, has been given permission to start developing the 15-hectare plot of property.
Amazon Commercial and residential units will be included in the River Club Development.
Almost 60,000 square meters of office space will be available, with Amazon serving as the anchor tenant. The building will also include shopping rooms, a 200-room hotel, a gym, restaurants, and conference facilities.
- The River Club Development in Cape Town has been approved for R4.5 billion.
- This acceptance comes after years of opposition from conservation groups and heritage preservation organizations.
- Amazon is identified as the “anchor tenant” in the building, which will include offices, retailers, restaurants, and apartments.
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Liesbeek Leisure Properties Trust, which purchased the property from Transnet, the state-owned rail and port authority, in 2015, has also set aside 31,900 square meters for residential units. Amazon, which is currently located in an office building on Roeland Street, is said to have been looking for a larger base of operations in Cape Town since 2018. The switch to the River Club, which is intended to combine Amazon’s site and consumer facilities, would increase the company’s physical floor space to about 70,000 square meters.