Much has changed in Claremont since the Claremont Improvement District Company (CIDC) was established in 2000. In that time, significant investment has flowed into the area, with tangible results. New commercial and residential buildings have been built, and existing buildings have been refurbished. The public transport interchange has been built and the Claremont Boulevard has been constructed.
These, and many other developments, have all created a positive momentum for the growth and development of the Clare-mont central business district (CBD).
The numbers say it all. During the past decade, the value of commercial and residential properties in the Claremont CBD has risen by 399% to a total of R7.1 billion in the 2016/17 financial year.
While we see the physical evidence of these developments every day, the inau-gural State of Claremont Report offers us the opportunity to tell the story of the state of the Claremont CBD in 2016.
This document presents a consolidated overview of the development trends and investment profile of our neighbourhood and reinforces the reasons why the Claremont CBD is a preferred develop-ment destination.
The report is primarily designed to be a tool for investors who are considering their investment plans. We want those plans to shape Claremont’s future.
For full report click on link: state-of-claremont-report-2016