Victoria & Alfred Waterfront

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Waterfront panorama.jpg

The Victoria & Alfred (V&A) Waterfront in Cape Town has sweeping views of the Atlantic Ocean, Table Bay Harbour, the City of Cape Town and Table Mountain.

It is a favourite destination for Capetonians and tourists alike; attracting more than 23-million visitors a year which makes it the most visited destination on the African continent. Of the total visitors to the V&A, 55% are Capetonians, 19% from the rest of South Africa and 26% are international. Visitor numbers to the Victoria Wharf grew by 7% during 2013, and a peak of 175 000 visitors was recorded on 31 December of that year.

Situated in South Africa’s oldest working harbour, the 123-hectares space has been developed for mixed use. It offers a smorgasbord of visitor experiences, ranging from leisure and shopping to entertainment and business making it an ideal place in which to live, work, shop, play, stay and eat. The V&A also boasts a range of prime residential and commercial real estate.

Visitors to the Waterfront can soak up the cosmopolitan atmosphere and marine spirit of Africa by visiting over 450 world-class retailers, over 10 hotels, over 80 eateries including 12 fine dining restaurants, coffee shops, pubs and taverns, and a fresh food market. Business travellers can choose from 40 business function rooms at 11 conference venues, while leisure activities include over 450 world-class retailers, over 20 leisure activities from helicopter flips, boat rides, the Two Oceans Aquarium, four museums, and several child-friendly activities that are not weather dependent. With 22 official historical landmarks on-site, the V&A Waterfront is also a dynamic, historical South African legacy.

Contributing R198 billion to the South African economy over the last ten years, the V&A Waterfront’s cumulative contribution to the provincial GGP since 2002 was over R173bn. The property also reported a 20.6% increase in retail trade sales for 2013, marking 29 straight months of consistent growth since August 2011, and concluding 2013 with an impressive 19.8% year-on-year growth.

With 22 official landmarks on-site, it is also part of South Africa’s historical legacy. Jointly owned by Growthpoint Properties Limited and the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation Limited (PIC), the V&A Waterfront was developed in 1988 by the state-owned transport corporation, Transnet Limited, while official commercial trading commenced in November 1990.


History[edit]

Prince Alfred, second son of Queen Victoria, began construction of the harbour in 1860. The first basin was named after himself, the second after his mother, hence the name.

In' the Future[edit]

The "Blue Shed Craft Market & Wellness Centre" is currently under construction and will be re-opening in the second half of 2014 at The Water Shed.

Gallery[edit]

References[edit]

External links[edit]

Coordinates: 33°54′11″S 18°25′22″E / 33.90306°S 18.42278°E / -33.90306; 18.42278