V&A Waterfront launches R20 billion Granger Bay expansion

The V&A Waterfront has started its R20 billion Granger Bay expansion with land reclamation and major infrastructure upgrades designed to transform Cape Town’s coastline and tourism economy.

The project begins with “Phase Zero,” which covers essential marine construction and infrastructure groundwork worth R189.5 million.

This initial work will stabilise the area for long-term growth and includes building a 540-metre seawall and two breakwaters extending into Table Bay.

Key Highlights of the Expansion:

• R121 million basement behind The Table Bay Hotel
• R1.35 billion super-luxury hotel featuring 142 rooms and 6 residences, opening March 2026
• R901 million refurbishment of The Table Bay into the InterContinental Table Bay, operated by Sun International
• R700 million 5 Dock Road residential development (completion this year)
• Coastal public amenities including tidal pools, promenades, a coastal walkway, and slipways

Long-Term Vision

The full development will roll out in phases over the coming years, with Phase Two (2024–2028) set to relocate the Oranjezicht Market and redevelop The Lookout events venue.

Despite its massive scale, the project operates under development rights granted in 2014, which allocated 78,000m² of bulk space from the V&A Waterfront’s approved zoning.

Environmental Compliance

The project still needs formal approval from the Minister of Forestry, Fisheries and the Environment and the Western Cape Department of Environmental Affairs.

Officials released a draft scoping report in July 2025 and expect a full environmental impact assessment in early 2026.

The process continues to rely heavily on public participation.

What This Means for Cape Town

This expansion cements Cape Town’s position as a leading destination for luxury tourism, real estate, and lifestyle living, while also enhancing public access to the coast.

Open-air parking lots near Breakwater Boulevard have already been closed to accommodate early construction.