The R20bn Granger Bay expansion has moved from plan to action at the V&A Waterfront. Now, crews are in “phase zero”, delivering enablement and marine works that prepare for land reclamation. Meanwhile, they are closing nearby open-air parking and building a new basement behind The Table Bay Hotel to unlock later phases.
As a result, the precinct can add homes, hospitality and public space on a reshaped shoreline. The R20bn Granger Bay expansion signals long-term confidence in the city’s visitor economy.
Seawalls, Breakwaters and Public Spaces
First, engineers will reclaim about 3.2 hectares from Table Bay. Next, they will shield it with a 540-metre seawall and two breakwaters to calm the inner bay. Consequently, the design enables a coastal walkway, slipway, tidal pools, promenades and launching points for kayaking and small craft.
In addition, the marine sequence comes early so the new edges settle before vertical construction scales up. Ultimately, safer waters and better access should draw more residents and visitors to the Atlantic edge.
Big-Ticket Projects in Early Phases
Alongside the basement build (roughly R121 million), plans include a 142-key super-luxury hotel with six branded residences. Furthermore, The Table Bay will undergo a major refurbishment, budgeted at about R901 million.
At the same time, the R700 million 5 Dock Road residential scheme will add premium units close to the water. Together, these anchors broaden stays, housing and leisure in the precinct. The R20bn Granger Bay expansion therefore deepens the area’s mixed-use offering.
Approvals, Rights and Timeline
The precinct uses existing development rights, with about 78,000m² of bulk allocated to this phase. However, environmental and coastal approvals are still advancing because the project extends into the sea.
Meanwhile, funding for additional development space has been approved by joint shareholders Growthpoint Properties and the Public Investment Corporation.
Looking ahead, marine protection works are expected to span several years, paving the way for staged building over 15–20 years. In short, the R20bn Granger Bay expansion rolls out in steps, but momentum has begun.