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December 2012 – High-Density Residential Parking, Vredehoek, Cape Town:

Vredehoek is a high-density suburb consisting mainly of multi-level flats, bordering the Cape Town CBD.  Adequate parking is lacking, recently exacerbated by the introduction of one-way streets and the banning of on-street parking on certain routes to accommodate MyCiTi buses.

To address this need we proposed the following to a major property owner in the area:

Mixed-use development consisting of:

  • Compu-Park™ Modular parking for 280 vehicles;
  • 250m² Modular storage;
  • ±5,000m² upmarket residential apartments.

Unfortunately the property’s Special Projects Committee voted against releasing ±1,700m² of their land for the project.  However, since Board members constantly change we will re-approach them again in the next 6-12 months.

Project Value: ±R130 million

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