Construction of Simon's Town mixed-use development set for early 2017
The construction of a new 14,800m2 mixed-use development in Simon's Town, called Harbour Bay, will commence in January 2017.
Gary Grobbelaar, CEO for Seeff False Bay Suburbs, says that there will be 44 residential units in Harbour Bay – which will be situated in Glenmarine - ranging from luxury two- and three-bedroom apartments to penthouse suites.
Project completion and handover is predicted for March 2018.
According to Grobbelaar, the Harbour Bay development also entails a retail component that will include 35 stores ranging from eateries to convenience stores like Woolworths, Pick n Pay and Clicks, as well as a day hospital.
The developer of Harbour Bay is Latitude Properties which was established in 2008 by Herman Pretorius who has more than 20 years’ experience as a professional architect and almost 10 years’ experience in property development. One of the company’s major retail developments includes The Galleria in Durban. Seeff has been appointed as the developer's official real estate agents.
Harbour Bay is co-developed by Property Smith, a Cape Town-based company and the retail shopping centre and private medical clinic is owned by Cubisol Investments.
