The Chairman’s
Report for the financial year ended 30 June
2005
1. Introduction
The year under review to June 2005 has indeed
been exciting and momentous for the Claremont
Improvement District. It was during this year,
sparked by the announcement that The Claremont
Boulevard Project was going ahead, that various
major property acquisitions and conversions
of existing commercial properties into apartment
blocks were also announced. These developments
are expected to have a significant and positive
effect for all our stakeholders in the Claremont
CBD.
2. Board Meetings
During this year the CIDC Board of Directors
has met seven times with the following Directors
serving on our Board:
- David Stoll of Investec Property Group
as Chairman
- Hanief Tiseker of the City of Cape Town
- Paul Williamson of the City of Cape Town
- Mandy Bellamy of Cavendish Square
- Riyadh Davids of Cavendish Square
- Gavin Hiscock of Rand Merchant Bank
- Chris Farley of Trafalgar Property Management
- Nicholas Piper of Spire Properties.
3. The Year Under Review
3.1 Claremont
Boulevard Project
In
July 2004 The Claremont Boulevard Project was announced at a special Public
Meeting. This is a R46 million partnership between the City of Cape Town, who
are responsible for the funding and construction of the Taxi and Bus Interchange,
budgeted at R24 million and the CIDC who will raise R22 million to build the
roadworks (previously on the City’s drawing boards for over forty years
since the sixties). The Boulevard has been of major importance and prominence
throughout the year under review. No less than 96% of our ratepayers voted
in favour of this project, which is in the capable hands of our Project Leader
and former Chairman, Chris Drummond.
3.2 The Integrated Land
Use Study for the Claremont CBD
This, also an important
study, has also received considerable attention
and is planned to follow on from the construction
phase of The Boulevard. Peter de Tolly, a former
City Planner, with extensive experience, has
been appointed as our Consultant to deal with
this project, which is also incorporated into
Chris Drummond’s portfolio
of responsibility.
3.3 Property
Development in the Claremont CBD
Of great interest is the fact that in the region
of R1,5 billion is being invested in capital
projects in the Claremont CBD. The following
list is impressive, providing as it does, a
major vote of confidence in the operations
of the CIDC out on the street in the public
space:
- A new Toyota motor dealership in Dreyer
Street
- Library development by Corevest – phase
1 and phase 2
- Motor vehicle showroom developed by
Marcel Angel on the corner of New Stanhope
Road and the Main Road
- Rand Merchant Bank’s Stanhope
Bridge development around the existing
FNB Bank on the Main Road
- Seven Miles South on the former ABSA
site, also on the Main Road
- Station Square area has been demolished
for the Taxi Interchange – with
a new Health Clinic now constructed and
operating around the corner in Old Stanhope
Road
- The Claremont Apartments four-tower
block building between Draper Street
and Stegmann Road on the Main Road
- Intaba East is going ahead being converted
into residential apartments in Corwen
Street. This was the former Norwich Union
Head Office building
- Chris Wolfe’s Brooke Street development – a
10-storey mixed use block
- The Pick ‘n Pay Head Office building
is proposed for a major refurbishment
by Paramount Properties
- Other refurbishments and ongoing sales
of CBD buildings are currently taking
place
3.4 Increase
in Commercial Rentals and take up of Commercial
Space
The positive developments
referred to above, together with the continued
economic stability currently being experienced
by the country as a whole, has had a phenomenal
effect on commercial vacancies in the Claremont
CBD. Claremont is once again a desirable location
to be situated in and our property owners will
testify to this as reflected in the growth
in rentals being achieved and the lack of availability
of space. Rentals have grown by anything from
50 – 100% and there are only minimal
pockets of vacant space available to rent.
3.5 Dreyer
Street Informal Trading
This unsightly street between Cavendish Square
and The Link has continued to be a challenge
to the CIDC. I am glad to report that resulting
from ongoing negotiations, largely between
the City of Cape Town, Old Mutual Properties
(owners of Cavendish Square and The Link) and
with the CIDC, that progress has been made
which will be reported separately.
3.6 Management
of the Main Road Taxis
During the year under review two important
advances in the endeavours to bring better
management of taxi operations along the Main
Road took place. Firstly, five dedicated
additional embayments were constructed along
the Main Road by the Council for taxis to
pull in to pick up and drop off passengers.
This was followed by the establishment of
the Claremont Regional Disciplinary Committee.
This Committee sits regularly to decide on
suitable punishments for erring taxi drivers
with power to issue warnings, fines, suspensions
or dismissals.
The CIDC, together with the three taxi associations
are continuing to address the problem of indiscipline
along the Main Road.
3.7 Parking and Kerbside Parking
Marshals
Recently, with the advent of professionally
trained and uniformed parking marshals, the
nuisance of informal car guards is a thing
of the past with well-managed kerbside parking
taking place in Claremont.
The CIDC are also overseeing parking in the
Newry Street and Draper Square public parking
areas.
3.8 Homelessness
When we commenced our services in 2000 this
was a major challenge with upwards of fifty
of these children rampaging around on our
streets. The CIDC now specifically supports
the work of City Mission who successfully
manages the ongoing problem of street children
in our CBD. Thanks to the compassionate intervention
of their staff, this problem has been drastically
and effectively reduced with a monthly average
of around five children on our streets.
U-Turn, the adult homeless ministry of St
Stephens Church, is also supported by the CIDC.
They operate out of their building in Fir Street
behind Pick ‘n Pay and seek to care for
the adult homeless population on our streets.
Both these organisations each receive R10
000,00 monthly and act as our service providers
in this important social problem of homelessness.
3.9 Security
and Cleaning
We are very proud of our team of 27 security
patrol staff and 17 cleaners operating, together
with the SAPS and City officials on our streets,
24 hours a day and who continue to do excellent
work to maintain safety and cleanliness on
our streets.
3.10 The Perception Survey
In November and December last year Urban Inc
conducted an in-depth survey of targetting
user groups on the one hand and property owners
and tenants on the other. The general perception
of the CIDC was very good especially from the
perspective of property owners and tenants.
The user groups in general felt that the CIDC
has a positive impact. This 58-page document
is available on application to our office.
4. Acknowledgements
I would like to thank my fellow directors
for their support and commitment to the CIDC.
On their behalf I would also like to thank
in particular Chris Drummond and Anthony Davies
(our Executive Manager) for the dedicated manner
and enthusiasm with which they carry out their
responsibilities.
The contributions of the following entities
are similarly valued :-
Our service providers: Group
4 Securicor, City Mission, U-Turn
Our consultants:
HHO Africa, Peter de Tolly
The City of Cape
Town: its officials and politicians
Our levy paying ratepayers: for
their continued financial support
Our pro-bono auditors: PKF
(Newlands), formerly Fisher Hoffman
Our staff: Charl
Brooks and others
Congratulations to all on a job well done.
5. The Future
With construction of The Claremont Boulevard
and the Public Transport Interchange at the
Claremont Station, the completion of construction
of the new apartment buildings bringing upwards
of 1500 residents into our CBD, and the urban
upgrading initiatives, the outlook for the
public space of the Claremont Improvement District,
is indeed very encouraging.
The CIDC, its board of Directors and Staff
look forward to this year of 2006 and into
2007 with confidence as we continue our services
to all the stakeholders of the Claremont CBD
from our informal traders, the shoppers and
major national corporate property owners, seeking
to make Claremont a better place for all.
DS Stoll
Chairman
Claremont Improvement District Company
27 March 2006
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