Introducing River Quarter: Transforming Kuils River into a Premier Destination Retail & Business Hub
In a groundbreaking moment for economic development, a visionary partnership between VDMV Property Holdings and Good Find Properties, a subsidiary of Communicare, is set to redefine the landscape of Bottelary Road. The ambitious River Quarter project, valued at a staggering R3.8 billion, is poised to become a beacon of progress and prosperity in Kuils River.
According to a recent article on News 24 by Desirée Rorke, the sod-turning event held at the 55-hectare site between Haasendal Gables and Soneike Shopping Centre marks the commencement of a transformative journey. Xander Rau, director of VDMV, underscores the magnitude of this undertaking, stating that the development will unfold over the next five to ten years, culminating in a vibrant blend of destination retail & business spaces.
The initial phase of River Quarter will witness the emergence of a dynamic retail and business nucleus, catering to enterprises of all sizes. With anchor tenants like Food Lover's Market and Builder's Warehouse slated to set up shop by early 2025, the stage is set for a diverse array of businesses to thrive. Gary Luyt, another director at VDMV, emphasizes the inclusivity of the project, promising a welcoming environment for large corporations, mid-sized enterprises, and budding startups alike.
James Vos, Mayco member for economic opportunity in the City, lauds the River Quarter initiative as a catalyst for job creation and economic vitality. With an estimated 4,500 new jobs on the horizon, the development represents a significant milestone in Cape Town's journey towards sustainable growth. Vos advocates for a proactive approach to urban development, emphasizing the importance of leveraging land assets to stimulate economic prosperity.
Thabo Mashologu of Communicare echoes this sentiment, highlighting the project's commitment to fostering integrated communities where residents can live, work, and thrive. As Cape Town braces for a surge in population growth, initiatives like River Quarter play a pivotal role in shaping the city's future.
Marcus te Vaarwerk, Director at Swindon Property, commends the collaborative efforts driving River Quarter's vision, stating, "River Quarter epitomizes the convergence of innovation and opportunity in the real estate sector. This transformative project not only signifies a significant investment in the region but also underscores our commitment to creating dynamic spaces that inspire growth and community engagement."
Strategically located in Kuils River, at the nexus of major transportation arteries, River Quarter offers unparalleled accessibility. Situated near the N1 and N2 national routes, with seamless access to the R300 freeway and Cape Town International Airport, the development promises unrivalled convenience for businesses, consumers, and residents alike.
With its pedestrian-friendly design, expansive green spaces, and ample parking facilities, River Quarter is poised to set a new standard for commercial and retail excellence in Cape Town. As the go-to commercial and industrial property service company, Swindon Property is proud to support this visionary project, which exemplifies our commitment to driving innovation and prosperity in the real estate sector.
For businesses seeking to secure their space in this transformative development, Swindon Property stands ready to facilitate discussions and explore leasing opportunities tailored to your needs. Join us as we embark on this remarkable journey towards a brighter, more prosperous future with River Quarter.
For more information:
Cobus Van Eeden
078 016 6201
021 422 0778