WC rights group raises concern over Foreshore land sale
Mayor Patricia de Lille says the sale forms part of the City’s ‘strategic objective to drive econimic growth’.
CAPE TOWN - Land Rights group Ndifuna Ukwazi has raised concern over the sale of state owned land on the Foreshore.
Mayor Patricia de Lille says the sale forms part of the City's 'strategic objective to drive economic growth'.
The City of Cape Town's Dave Bryant has confirmed the R86 million transaction went through this morning.
"What I can tell you is that it's zoned for business and it allows for 11 storeys on the site."
Ndifuna Ukwazi's Julian Sendin has questioned the City's objective of selling public owned land to drive economic growth.
"It's a very simplistic understanding of economics to think that having houses, and affordable houses, close to jobs is not an economic imperative - it absolutely is."
Sendin adds bringing workers closer to their place of work through well-located affordable housing is needed for the long term economic sustainability of Cape Town.