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V&A Waterfront breaks ground on R20 billion Granger Bay expansion

The V&A Waterfront has broken ground on its highly anticipated R20 billion Granger Bay expansion, kicking off with land reclamation and major infrastructure upgrades that promise to transform Cape Town’s coastline and tourism economy.

The development begins with “Phase Zero”, which includes crucial marine construction and infrastructure groundwork valued at R189.5 million.

This foundational work will stabilise the area for long-term development and includes the construction of a 540-metre seawall and two breakwaters stretching into Table Bay.

Key Highlights of the Expansion:

  • R121 million basement behind The Table Bay Hotel
  • R1.35 billion super-luxury hotel featuring 142 rooms and 6 residences, opening March 2026
  • R901 million refurbishment of The Table Bay into the InterContinental Table Bay, operated by Sun International
  • R700 million 5 Dock Road residential development (completion this year)
  • Coastal public amenities including tidal pools, promenades, a coastal walkway, and slipways

Long-Term Vision

The full development is phased over the coming years, with Phase Two (2024-2028) set to include the relocation of the Oranjezicht Market and the redevelopment of The Lookout events venue.

Despite the major scale, the project is operating under existing development rights granted in 2014, with 78 000m² of bulk space allocated from the V&A Waterfront’s approved zoning.

Environmental Compliance

The project still requires formal approval from the Minister of Forestry, Fisheries and the Environment, as well as the Western Cape Department of Environmental Affairs.

A draft scoping report was released in July 2025, with a full environmental impact assessment expected in early 2026.

Public participation remains a key part of the process.

What This Means for Cape Town

This expansion cements Cape Town’s position as a leading destination for luxury tourism, real estate, and lifestyle living, while also enhancing public access to the coast.

Open-air parking lots near Breakwater Boulevard have already been closed to accommodate early construction.

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