Answer to Question #308051 in History for Ntombi

Question #308051

Explain the reasons for mixing two strategies in the casw of the V&A development


1
Expert's answer
2022-03-09T17:02:02-0500

The Victoria and Alfred Waterfront Project in Cape Town, South Africa, is an urban regeneration project that has over the past twenty-five years successfully transformed the historic and previously under-utilized part of the Port of Cape Town into the City’s premier tourist, retail, and entertainment, commercial and residential destination. The mixing two strategies in the casw of the V&A development was to:

 Create appropriate public places within the V&A Waterfront.

 Develop the V&A Waterfront in ways which account for its special location, conditions and history.

 Achieve financial self-sufficiency and the maximization of value through development and management.

 Create a rich and diverse environment.

 Promote tourism and recreation.

 Create residential development opportunities.

 Create a viable business base.

 Restore the historic link between the harbour and the City of Cape Town.


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