Business · South Africa
V&A Waterfront Expansion: Boosting Jobs and Property Growth
Moneyweb · 2026/02/17
Summary
The V&A Waterfront in Cape Town is planning a major expansion that will see it grow beyond just a popular tourist spot. The development aims to include more commercial and residential spaces, transforming the area into a vibrant mixed-use community. This plan is expected to create new jobs and boost local businesses by attracting more visitors and residents. The expansion will also focus on improving public spaces and infrastructure, helping to create a more convenient and enjoyable environment for both locals and tourists. This move is seen as a way to increase the economic value of the V&A Waterfront, making it a key area for investment in Cape Town's property market.
OnABudget takeaway: The expansion of the V&A Waterfront means more job opportunities and business growth, which could benefit local communities and entrepreneurs. It also signals potential value growth in property and retail investments around the area.