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New Cape Town Developments: R1bn hotel on the cards
Cape Town's property market has long outpaced Johannesburg's in price – with the running joke being the price you pay for a mansion in Jozi only really gets you a shoe box in the Mother City - but at best you'll have a mountain or sea view to go with it.
With the city's new R76.4 billion budget approved this week, residents can expect increased fixed charges for water, sanitation, and a city-wide cleaning levy, all tied to property value. While the changes sparked public backlash, Mayor Geordin Hill-Lewis states that the updated tariffs will help unlock "more funding" for infrastructure, public spaces, and essential services – all of which play a role in shaping a more livable and attractive city.
But as the city courts global investment and luxury developments, the question remains: will Cape Town stay liveable for the people who already call it home, or just for those who can afford to visit?
Cape Town Tourism CEO Enver Duminy recently unpacked this timely question in Billionaires' Burg analysis as a precursor to the release of the tourism body's CTT Futures Report 2039. It explores a chilling possibility of a future where tourism booms but only benefits the super-rich - as European cities weighed the impact of "more and more" tourists.
Yet there is no denying high-profile hospitality, retail and lifestyle projects continue to reshape not only the city's skyline, but ultimately, its overall appeal for visitors and locals alike.
Let's take a look at some of the most exciting new developments set to open their doors in the coming months.
R1 Billion super-luxury hotel rising in V&A Waterfront
The V&A Waterfront is set to welcome one of South Africa's most expensive hotel developments in decades. Joint owners Growthpoint Properties and the Public Investment Corporation (PIC) are investing heavily in the new "R1 billion Quay 7 Hotel" - a super-luxury project comprising 142 rooms and six serviced apartments.
V&A Waterfront CEO David Green described it as a spectacular addition to the vibrant destination's portfolio, sharing aerial images of the hotel's progress.
The hotel could also operate under the Edition Hotel banner, according to Moneyweb – part of Marriott International 's ultra-premium lifestyle brand, although this has yet to be officially confirmed.
Expected Opening: March 2026
Mama Shelter Cape Town to Open in City Bowl's Iconic City Park Building
Global lifestyle hotel brand Ennismore is bringing a bold new property in Cape Town's City Bowl.
Mama Shelter is making its South African debut with a 127-room hotel set in the historic City Park building on Bree Street. The hotel will include 68 branded residences, co-working spaces, meeting rooms, a rooftop pool and all-day dining with sweeping city and mountain views.
A new concept, Mama Play, will introduce a 742 sqm arcade-style space featuring bowling, karaoke, and events. The project, developed by Kasada and Ingenuity, signals a fresh wave of playful, design-forward hospitality in the CBD, with a separate Ennismore-run restaurant also planned for the ground floor.
Expected Opening: Late 2025
Game on for new Grand West mall
A new R600 million retail destination is coming to Cape Town as GrandWest Casino and Entertainment World expands with the addition of GrandWest Mall.
Developed by Flanagan & Gerard in partnership with Sun International, the 22,000 sqm centre will connect directly to the existing entertainment complex and offer a curated mix of grocery, fashion, food, and lifestyle retail. The mall promises a vibrant, family-friendly space tailored to local needs.
Expected Opening: March 2027
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Historic Glencairn hotel gets a revamp
A new chapter is unfolding in the Deep South. What was once the old Southern Right Hotel, a grand landmark rich in local lore, is now poised for a return to its former glory. Summer House, the soon-to-open boutique hotel - is being brought to life by the team behind the beloved Tintswalo Boulders and Tintswalo Atlantic.
The revamped property will feature 12 uniquely styled suites and a new eatery offering a range of options, from High Tea to sunset dinners. With sweeping views near Boulders Beach and a legacy dating back to 1904, the hotel promises a chic yet heritage-rich stay along one of False Bay's most atmospheric stretches.
Expected Opening: December 2025
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The Titanic of Sea Point sold!
The Ritz Hotel which has been empty since 2018, has officially been sold. Reportedly sold for around R240 million the Ritz, known for its glamorous history and revolving restaurant, it is hopefully set to enter a new chapter under new ownership.
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