PROPERTY: Cape Town Streamlines Development Process
Recent Western Cape Business News
The decision by the Planning and Building Management Department of the Cape Town City Council to replace the city’s 27 ‘archaic’ separate zoning schemes with a single zoning scheme covering the entire city could just be the good news that Cape property developers have waited two decades to hear, says Paul Henry, MD of Rawson Developers.
The scheme, which will shortly undergo its final round of public participation, is based on the premise that a unified city needs a unified zoning system, one that does not reflect past discrimination and is capable of responding to today’s challenges.
The new, simpler rulings, he said, will make property developers’ lives far more straightforward. They should streamline the approval process and could lead to the lengthy period caused by objections to proposed projects being cut by 60%.
“Until now, every one of the 27 zones had rulings which applied specifically to it and perhaps one or two other zones – there was almost no standard system. It was impossible to be aware of and comply with all these different regulations.
“Now, with a simplified system throughout Cape Town Metropole, it is, we hope, possible that objections and holdbacks will be handled far more expeditiously The playing field will be level.”
Henry commented that all those in property development can testify that the current practice of allowing any concerned or interested parties to object to, and hold up, basically sound projects has resulted in immense extra costs and in many worthwhile schemes not going ahead.
Business News Sector Tags:
Fax 2 Email
Study IT Online
Work from Home