Hope Street, Cape Town
Located in what is regarded as Cape Town’s latest up and coming inner city precinct, Hope Street Quarter holds exceptional potential. To the north-east you’ll find City Central which is full of quaint eateries, artsy museums and features as the throb of the mother city’s heart. Providing the City’s green lung, the historic Company Gardens which are situated in the south-westerly direction are the home of the National Museum, the National Gallery and Parliamentary Buildings.
Presently Hope Street Quarter is a land assembly of five underutilised properties on Hope Street. The buildings will be refurbished in the short term in order to maximise returns on the land assembly and to kick start regeneration in the area. The long term objective is a complete demolition and redevelopment as part of the overall urban regeneration. The phoenix to arise from the dust and rubble will come in the form of Hope 1 and Hope 2 - which will comprise of both a hotel and residential apartments. Taking advantage of the proximity to both Parliament and the City centre. Total value of Hope Street Quarter on completion will be in excess of R500 million.
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