Cape Town's long-forgotten Good Hope Centre, once a celebrated landmark of the city's events scene, is on the brink of a dramatic revival as officials prepare to place the property on the market for a major redevelopment push.
After decades of fading into obscurity following the rise of the CTICC and rapid expansion in Century City, the iconic structure is now being positioned for one of the most significant regeneration projects the inner city has seen in years.
According to James Vos, the mayoral committee member for economic growth, the City of Cape Town believes the redevelopment will draw in major investors, boost job creation and give surrounding communities fresh economic opportunities. He says the precinct has been underutilised for far too long and now offers a rare chance to reshape a large section of the CBD.
