Private developer Amdec is about to break ground on the first phase of a R14bn property development in Cape Town that is arguably the most ambitious to be built in the Mother City since the V&A Waterfront.

Taking a bet on an economic recovery in SA over the next few years, Amdec, which developed Melrose Arch in Johannesburg, is trying to repeat its success in Cape Town with its new development, Harbour Arch, about 4km from the waterfront. ..

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