1
N
Mechau
Orphan
ANDELA BLVD SON M
Martin
L NE
DARLING
Albertus
Parliament
Barrack
Commercial
ROELAND
ula nins e Pe y of p a t C ersi Univ nology h Tec
Caledon
DISTRICT SIX ROEL AND
Ho
D
E PA WA R A K L
AN NA NDA LE
GARDENS
on gt e ir n ar ar u H Sq
CANTERBUR Y
Caledon
HATFIELD
BUITENSINGEL
RY W LO
AD RO
ity C all H
pe
Buiten
Government Ave
Bloem
The Company’s Garden
Bloem
LONG
Pepper
LOOP
BREE
Leeuwen
Queen Victoria
Keerom
Dorp
nd e ra d G ara P
Spin
R SI
F O PE LE HO T S A D C OO G
Harrington
Burg
Church
WALE
New Church
Jan Smuts
DF Malan
t ke ar e r m a en u re q G S Longmarket
SHORTMARKET
AND STR
BUITENKANT
Burg
LONG
Hout Heritage Square
BUITENGRAGT
Castle
KLOOF NEK
BO-KAAP
STRAND
N W TO AY N PE W O A IL I C RA TAT S
PLEIN
TO CAMPS BAY
Riebeek
Parliament
WATERKANT
Old Marine
ET RK A M EW N
Thibault Square
Church Square
BREE
Prestwich
m
LOOP
TO SE AP OI NT
do
CHRISTIAAN BARNARD
rij
ic iv re C ent C
ADDERLEY
St
Hammerschlag
HERTZOG BLVD
er e Pi lac P
St Georges Mall
ns
Lwr Burg
Ha
HEERENGRACHT
th f or ar e N h uar Wq S
Jetty
LOWER LONG
W CC AT TI C ER FR ON WALTER SISULU AVE T
GE AN OR
V& A
Fo G un ar d de er n s
HARBOUR
N TO
L/ R A NG PA TE U O T A G
DE
L AA W
DR
D OA R RY OW L SIR
WOODSTOCK
TO AIRPORT
TO MUIZENBERG
N2
M3
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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4
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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CAPE TOWN INTERNATIONAL CONVENTION CENTRE (CTICC)2 A comparison between the 2013-14 and 2014-15 financial year indicates the growing economic contribution of events held at this CBD-based venue.
18
2013-14
2014-5
Generated towards Western Cape GGP
R2.8bn
R3.1bn
Contributed to the national GDP
R3.1bn
R3.4bn
Total revenue generated
R172m
R197m
Value of visitor days brought to the local economy (35% by international visitors in 2015)
R1.22m
R1.36m
Total foreign exchange earnings of the CTICC
R1.13bn
R1.20bn
Contributed to indirect household income
R1.55bn
R1.72bn
Direct and indirect jobs sustained throughout South Africa
7 649
8 058
19
2015
86%
May: 88% Nov: 83%
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
21
Cape Town CBD 2014
2015
2014
2015
Annual average
66.2%
63.3%
63.5%
63.7%
Highest occupancy months
February (88.8%)
November (85.1%)
February (83.1%)
February (84.1%)
March (85.4%)
March (83.3%)
March (79.7%)
November (83.4%)
November (83.8%)
February (80%)
November (77.2%)
March (80.3%)
June (45.9%)
June (40.3%)
June (47.9%)
June (42.3%)
July (52.7%)
July (45.5%)
July (49.8%)
July (45.1%)
Room rates (per person) annual average
R1 491
R1 714
R1 250
R1 360
RevPAR
R987
R1 086
R794
R866
Lowest occupancy months
2
22
MeTro
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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V&A WATERFRONT
MA IN
HE LE N
HIGH LEVE L
D AN STR
SU ZM AN
GREEN POINT
BL VD
HARBOUR
UPPER BUITENK ANT
Up pe r
D.F .M ala n
Sm uts
Bra
M3
MA ND EL
VD BL
ST RA ND
ROAD
BA RN AR D
VICT ORIA
WOODSTOCK
Square
SIR LOWR Y ROAD
TO AIR PORT
itutio n
DE WA AL
ill
CPUT
e
MILL HIG HL A
SIR LOWRY
Ke ize rgra Harrington ch t
Con st
A
ALBERT
NEW MARKET
ROAD
CPUT & DISTRICT SIX
er we nd
bley
NELSON MA ND EL
CH RIS TIA AN
Civ ic
CPUT
TO PAARL
NELSON
AD DE RL E J Y
an
ERS ILLI DE V
JUTLAND
Upp er M
HE ER EN GR AC HT
HE ER EN GR AC HT
SIR LOWRY
N1
N1
VD BL
CH UR CH
Ha rrin rb gto ury n
Ca nte
BU ITE NK AN T
ury rb nte Ca
ST RA ND
n
Harrington Square
Wem
Castle of Good Hope
r
UPPER ORANGE
Mol teno
Ca le do
A
TE NN AN T
en t Go ve rn m
Hop e
Ho f
KL OO F
AD DE RL EY
GT
BU IT EN GR A
Vic to ria
Qu ee n
OR AN GE
OR AN GE
KL OO F KL OO F
NE K
DA RL IN G
CT Central Police Station
D AN EL RO
F
H
Ba rra ck
D AN EL RO
E AL ND NA AN
LD IE
F GARDENS AT
City Hall
E
NG
t ch ra sg
Rood ehek
Civic Centre
M ar in e
er iz Ke
D IEL TF HA
Old
Grand Parade
I FR
N1
Artscape Theatre
Mini Bus Taxi Rank
n tio titu ns Co
KL OO F
E TH
Bus services
Cape Town Railway Station
Greenmarket Square
Church Square
EIN PL
N’S OH .J ST RO EL AN D
GA LO RD WE EN R S
F LO O SK ER BO TA M
NG LO
NG LO
t en m rlia Pa
N1
Founder’s Garden
D AR EV UL BO
es org
N2
RD VA
Company’s Garden
M us eu m
ALE ND
Belved ere
Ge
OP LO
Thibault Square
Pier Place
E UL BO
OP LO
OP LO
NG LO
MILL
De Waal Park
St.
E AL W
Pe pp er
R PE D UP CB
NA AN
Un ion
t
rk Pa
LOWER KLOOF
ke
er iln
p
Un ion
ar
M
Ca m
Up pe r
EE BR
h urc Ch
Bu ite ns in ge l
NG LO
Greenmarket Square
E AL W
w Ne
tm or
W LO
Sh
ER
B
ER W D LO CB
OP LO
Thibault
G ZO RT HE
EE BR
Heritage Square
BSquare
N2
G ZO RT HE
se Ro
h urc Ch
P
A KA O-
h ic ek stw be Pre Rie
ut Ho
ale W
Do rp
t an
ND RA ST
e stl Ca
i in pp ia Ch
ST EY TL ER
an nc Du
BO-KAAP BO-KAAP
FO T RE HE SH E OR E RE
rk ate W
SIGNAL HILL
CO EN North Wharf Square
BU IT EN GR AG T
GNAL HILL
T ERSE SOM
D AN STR
North Wharf Square
JUTLAN D
M3
M3
DE WAAL
TO MUIZENBERG
ND S
Mo lten o
GARDENS VREDEHOEK
Belvede re
TAB LE NAT MOUN ION AL P TAIN ARK
HI GH L
M3
TOTal value Of all residenTial uniTs sOld 2013
2014
2015
R249m
R296m
R376m
across 163 units
across 191 units
across 185 units
Overall average sale price R1.428m 2013
28
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
R2.031m
R1.552m 2014
2015
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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BUITENGRAGT
Church
Queen Victoria
The Company’s Garden
AN NA N DAL E
Government Ave Parliament
St Georges Mall
AD
Spin
Pa r l i a m e n t
Church Square
PLEIN
HATFIELD
F O PE LE HO ST A D C OO G
Caledon
D AN TL JU
R SI
W LO
DI
ROEL A
VRED
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
nd e ra d G ara P
CANTERBUR Y
on gt re rin a ar u H Sq
Harrington
DARLING
BUITENKANT
ity C all H
Caledon
L IL M NT KA N ITE BU
Albertus
pe
Barrack
Commercial
ROELAND
Ho
30
Burg
STRAND
Burg
Castle
Keerom
Hout
Bloem
WALE
LONG
GE AN R O
Dorp
LOOP
Leeuwen
Pepper
Bloem
BREE
t ke SHORTMARKET ar m are en u re q Longmarket G S
Heritage Square
New Church Buiten
Orphan
BUITENSINGEL
NEK
A V&
E AT W
O FR R
T
N
TO S EA P OI NT
N
r
m
CC TI C
er e Pi lac P
N W TO AY N PE W O A IL I C RA TAT S
Martin
ic iv re C ent C
Jan Smuts
Old Marine
Hammerschlag
AND STR
CHRISTIAAN BARNARD
HARBOUR
Fo G un ar d de er n s
HERTZOG BLVD
DF Malan
31
ANDELA BLVD SON M L E
N
th f or ar e N h uar Wq S
St
ijd o
Thibault Square
LOWER LONG
WALTER SISULU AVE
H
an s
Mechau
DDERLEY
TO V&A WATERFRONT
Prestwich
Jetty Lwr Burg
HEERENGRACHT Riebeek
l
LOOP WATERKANT
BREE
South Arm
W
32
The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review
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