The prospectus will provide investors and developers with all of the information they need for devising a development proposal for this precinct – a strip of City-owned land that is located under and between the existing and unfinished highways between the city’s northern edge and the Cape Town Harbour.
The strip of land is 6ha in size and 140m wide. The city will make the land available to the successful bidder for development in return for the provision of road infrastructure that will resolve the future of the unfinished highways, address current and future traffic congestion, and address the lack of access to and from the CBD.
Another pivotal requirement for prospective bidders is that their development proposal must provide housing opportunities for a diverse cross-section of income groups.
A percentage of this development therefore must be earmarked for affordable housing opportunities. This can be developed within the Foreshore Freeway Precinct itself or on other sites supplementary to the core development area in the CBD. Proposals that do not clearly elaborate on this component of the development will be disqualified.
The unfinished highways on the western, central and eastern side of the Foreshore Freeway Precinct are at the centre of the most congested entry and exit points to and from the CBD, fuelling calls for the city to finish the highways to provide residents and visitors with easier access to the greater business district, V&A Waterfront, Cape Town International Convention Centre, Cape Town Stadium and Atlantic Seaboard, among others.
The city, however, does not have the funds needed to finish the highways, or to address the traffic congestion on FW de Klerk Boulevard, Nelson Mandela Boulevard, Walter Sisulu Avenue, Helen Suzman Boulevard and Buitengracht and the lack of additional access routes surrounding the Foreshore Freeway Precinct. Nor is the city likely to be able fund these solutions from its rates base in the foreseeable future.
The prospectus does not prescribe to potential bidders whether their proposals should include finishing the highways as a whole or in part or dismantling them altogether or not – this is up to the bidders to propose.
However, the proposals from the bidders must elaborate on how all three of the unfinished highways will be addressed in terms of transport, access and the alleviation of current and future congestion:
The prospectus requires prospective bidders to address traffic congestion and improve access to and from the CBD. Furthermore, this prime land must be developed in such a way that it creates opportunities for sustained economic growth, job creation (both short- and long-term), affordable housing, and well-designed and accessible public spaces.
As such, the development proposals must address the following:
While the submissions and development proposals must focus on the Foreshore Freeway Precinct, prospective bidders may include other city-owned land in their development proposals, i.e. the site housing Transport for Cape Town’s maintenance depot in Ebenezer Road – the site has access to the V&A Waterfront, the site housing the MyCiTi service depot in Prestwich Street, and the site that houses the Gallows Hill Traffic Department.
Favourable consideration will be given to proposals that are, among others:
The request for proposals (RFP) process for the development of the Foreshore Freeway Precinct comprises two stages. A public participation process will take place during the first stage, before the Bid Evaluation Committee (BEC) appoints the qualifying bidder(s).
First stage: registered bidders will have five months to compile their proposals and must submit these by 8 December 2016. The development proposal for the Foreshore Freeway Precinct must include a detailed design and 3D model (either a physical architectural rendering or digital animation), accessibility plan, property investment model, and a business plan and financial model – these will have equal weighting.
The multidisciplinary BEC will undertake an initial assessment of every proposal to verify that it complies with the requirements as set out in the prospectus and will conduct an initial scoring of the submissions received.
Those who pass the initial assessment will be requested to present their development proposals and unbranded 3D models of their designs for the Foreshore Freeway Precinct to the BEC.
Public participation: the unbranded 3D models of the proposed designs for the Foreshore Freeway Precinct will be on display at the Civic Centre where the public will have full access to view the models. This exhibition will provide the public and interested parties with the opportunity to see for themselves what the proposals look like, how the bidders propose to address the traffic congestion, and how they propose the Foreshore Freeway Precinct should be developed in terms of affordable housing, etc. The public will have three weeks to view the models and to make comments.
The BEC will deliberate over the development proposals and presentations, taking into consideration the outcome of the public participation process. Only once these processes have been completed, will the BEC appoint the preferred bidder(s).
Second stage: the qualifying bidder(s) will enter into an agreement with the city. This agreement will set out the conditions and requirements of the rest of the process to be followed.
