Explain the reasons for mixing two strategies in the casw of the V&A development
The Victoria and Alfred Waterfront Project in Cape Town, South Africa, is an urban regeneration project that has over the past twenty-five years successfully transformed the historic and previously under-utilized part of the Port of Cape Town into the City’s premier tourist, retail, and entertainment, commercial and residential destination. The mixing two strategies in the casw of the V&A development was to:
Create appropriate public places within the V&A Waterfront.
Develop the V&A Waterfront in ways which account for its special location, conditions and history.
Achieve financial self-sufficiency and the maximization of value through development and management.
Create a rich and diverse environment.
Promote tourism and recreation.
Create residential development opportunities.
Create a viable business base.
Restore the historic link between the harbour and the City of Cape Town.
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