3 Grove Walk

3 Grove Walk

Cape Town

This boutique residential development was undertaken on behalf of a consortium of private investors and required a strategic approach to unlock its full potential. At project inception, viability was marginal, presenting challenges to achieving the required development returns and securing the commencement of construction. Our team played a pivotal role in enhancing project feasibility by identifying and securing additional development rights through the town planning process. By optimising the approved development yield and incorporating an additional apartment with minimal incremental construction cost, the project’s financial performance was significantly improved, enabling the development to proceed. Throughout the project lifecycle, we provided comprehensive Project Management and Principal Agent services, overseeing planning, design coordination, procurement, programme management, cost control, and stakeholder engagement. Through proactive management and close collaboration with the development team, the project was successfully delivered on programme and within budget, achieving the investors’ commercial objectives while creating a high-quality residential asset that continues to add value to the surrounding neighbourhood. Services Provided: Full Project Management and Principal Agent Services.
Project Details
Status Completed
Client Westand Investments
Location Cape Town
Project Value R 30,000,000
Date Started May 2016
Date Completed November 2017
Photos 5
An unhandled error has occurred. Reload

Rejoining the server...

Rejoin failed... trying again in seconds.

Failed to rejoin.
Please retry or reload the page.

The session has been paused by the server.

Failed to resume the session.
Please retry or reload the page.