As a group we have decided to take a look at the FM processors and strategies in an Urban Precinct. So an urban precinct is (in a nut shell) an area which is controlled or managed by a certain overseeing body, think Century City, its like an area within an area. This means that an urban precinct will have its own governance of a sort.
As a group we wanted to focus on Woodstock at first but after a discussion with Kathy we agreed that focussing on the Silo district of the V&A waterfront would be more interesting. Our assignment will look at the 5 dimensions of sustainability which are Physical, Social, Economic, Ecological and Political.
For those of you who don't know the Silo district it is a Precinct which is being developed at the Victoria and Alfred Waterfront area near the N2 highway. It is being developed by V&A, Growthpoint and the Government Employee Pension Fund (managed by the Public Investment Corporation). There will be four new developments in the area introducing over 35,000m2 of mixed use sustainable developments at a cost of over R2.5 billion and to be honest it looks epic!
They plan to develop residential apartments, commercial office and even a Virgin Active. If you know Century City they're basically trying to create a similar space with all the infrastructure and amenities you would want to find in a precinct. What's great about developments like this, is not only does it create beautiful sustainable space, but it allows for job creation and ultimately an increase in GDP.
Here are some photos I found online.
Check how epic it looks!
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