Cape Town Partnership supports Greenmarket Square Lease

Cape Town Partnership supports Greenmarket Square Lease

A public process that will guide the granting of the rights to use, control and manage Greenmarket Square and St George’s Mall has been endorsed by the Cape Town Partnership (CTP), which has agreed to the City of Cape Town’s plan to lease Greenmarket Square for five years. The city believes its plan for granting long-term management rights will enhance the management and coordination of the square and St George’s Mall, and aid in potential upgrades.

“We are very pleased that the City of Cape Town is committed to exploring ways to unlock the potential of this historic space,” says CTP CEO Bulelwa Makalima-Ngewana. The partnership will inform the city on public-space management and act as the managing agent for some spaces.

 

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“Appreciating the need to create and maintain excellent public spaces, we share the city’s vision to realise the potential of not only Greenmarket Square but of all significant public spaces in the broader city, both from an economic perspective and to the benefit of all Capetonians,” she added.

Greenmarket Square is one of the oldest public spaces in Cape Town, dating to the 1600s. “Greenmarket Square and St George’s Mall are incredibly important economic, social and cultural heritage spaces. Interventions are required to revitalise these spaces and to ensure that they remain important and inclusive meeting spaces for all Capetonians, that they unlock investment to drive economic opportunities and become financially sustainable assets,” said the city’s mayoral committee member for tourism, events and economic development, Councillor Garreth Bloor.

 

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