July 1, 2010 Green light for International Olympic Aquatic Centre in Cape Town
The Cape Town City Council has given the green light for the development of an International Olympic aquatic centre on the Newlands swimming pool site. The City’s Property Management Department will now compile an agreement with Swimming South Africa for the redevelopment plans.
Conditions of collaborative agreement
1. SSA to cover costs of rezoning, EIA and other applications required
2. Based on the outcome of the EIA and rezoning process, a full viability study be presented to the City
3. If the project is viable, the city will make the required land available
4. That the City and SSA in conjunction source private developers for the commercial, residential and mixed-use elements of the site
5. SSA and the City in conjunction appoint consultants to carry out the detailed design and construction plans for the aquatic centre
6. That an operator/developer be sourced and secured to operate and maintain the aquatic centre
7. A proportion of the income sourced through private development of the site be directed to the aquatic centre
8. A requirement included such that the developer of the private properties on the site (i) contributes towards the cost of the aquatic centre (ii) contributes towards the maintenance and operational costs of the aquatic centre
9. Additional costs still required to construct and maintain the aquatic centre be sourced by SSA from National, Provincial government and private donors.
10. Potential income of R75m received by the city through this development be directed to the construction of the aquatic centre.
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