Amazon to build and open headquarters in Cape Town
Retail giant Amazon announced that it will be building and opening its first African headquarters in Cape Town, South Africa.
According to the City of Cape Town, Amazon has received the go-ahead to start the R14bn River Club development.
"The proposed development will meet the requirements of inclusivity and integration. It combines various land uses and a mix of income groups by offering market-driven and affordable housing opportunities - the latter of which will be physically integrated with the other residential units in the apartment complexes," said the City of Cape Town in a statement.
There will be almost 60 000 square metres of office space with Amazon as the anchor tenant.
The new development will also feature shops, a 200-room hotel, a gym, restaurants, and conference facilities.
The 15-hectare land has been approved for development by the Liesbeek Leisure Properties Trust.
The planned mixed-use development will be a significant boost to the Cape Town economy and is set to create 5,239 jobs in the construction phase alone.
The project will also create up to 19,000 indirect and induced jobs. The development design intends to create a 150,000sqm2 mixed-use space, divided into commercial and housing uses across two precincts. The developer intends 31,900sqm2 to be used for residential purposes.
Written by: Staff Writer.
Guzzle Media
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