The developer has assigned 31 900 square metres for the development of the residential sector.
The development project will continue to create close to 19 000 jobs both induced and indirectly.
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According toBizNews, the development project will also include restaurants, conferencing, school and events space.
The construction of the mixed-use development will be predominantly utilised by the US conglomerate Amazon.t.
Construction of the development is expected in the next three to five years.
The new Amazon HQ in Africa will boast job opportunities in various areas. Image: Nathan StirkSource: Getty Images
The City of Cape Town stated that the construction of phase one will provide around 5 200 jobs.
Source: Briefly News
Reeshni ChettyReeshni Chetty is a senior current affairs reporter.
Reeshni has a passion for breaking the stigma surrounding mental health issues.
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