Rand 1 billion project to transform Cape Town station into a 20-story student center

Cape Town Station is undergoing a complete refurbishment into a mixed-use space set up for student accommodation, led by specialist contractor GVK-Siya Zama.

GVK-Siya Zama specializes in building construction, refurbishment, restoration and recycling and has recently secured the Rs.1.1 billion Cape Town station development contract, along with a 900 million hospital construction project. million rupees in the Eastern Cape.

The Cape Town station refurbishment was commissioned by Eris Property Group, with the aim of redeveloping the train station into a mixed-use residential and commercial space.

“Located on the corners of Strand, Adderley and Old Marine Drive in Cape Town’s CBD, the Cape Town station redevelopment is a complex reference project,” said Eben Meyburgh, Group CEO of GVK-Siya Zama.

The refurbished property will include a 20-story, 3,085-bed purpose-built student accommodation facility, 6,700 square meters of retail space and a new world-class public plaza, he said.

The project is part of Eris’ RISE Student Living brand, a major provider of student accommodation in South Africa. The project is expected to take around two years to complete, with the aim of being ready for hiring students in 2024.

The work on the project is already underground:

Planning indicates that the Cape Station project will consume 31,281 cubic meters of concrete, 3,300 tons of rebar, 120,000 square meters of formwork and eight million bricks, while four tower cranes will be required to move materials vertically.

“The scale and complexity of these projects have seen the company climb the ranks of the most important contractors in South Africa and represent the caliber of the project that GVK-Siya Zama intends to pursue,” said the group.

GVK-Siya Zama said it intends to pursue more such projects and has more in the pipeline.

Reading: Cape Town plans a major redevelopment, including more walkable areas