TCT regards its TOD projects as being of vital importance. Using TOD principles will help address the imbalances caused by apartheid: the long distances that the lowerincome groups must travel to work, as well as the lack of housing density, and land use intensification.
TCT has calculated that the economics of transport are such that it cannot break even until there are about 40 to 45 dwellings per hectare. Transport provision will only become profitable once there are about 75 dwellings per hectare. Cape Town’s current density averages about 15 to 19 dwellings per hectare. In the light of this,
TCT has decided to adopt the TOD approach. By way of background, TCT has an Integrated Public Transport Network Plan (IPTN) 2032 in place that has been approved for the next 20 years. This IPTN focuses on the TOD approach. TCT would like to explore ideas with potential investors on how to unlock the value of key transport sites. These might include the development of the land around railway and major bus stations, together with their precincts, in order to capture their enhanced land values. There could also be opportunities for development rights above transport facilities so as to facilitate multi-functional urban communities.
In the meantime, TCT has already identified some specific TOD opportunities:
• The development of the Unmade Foreshore Freeways and surrounding area
• The following development opportunities at major, multi-modal public transport interchanges (PTIs):
- Nolungile Precinct
- Bellville Precinct
The TOD opportunities for these three projects arise from them all being located where people access the integration of rail, bus, and MBT services. In addition, all three locations will ultimately benefit from bus rapid transit services. All interested investors, whether domestic or international, are invited to get in touch with TCT to discuss these specific projects and their ideas for TOD projects generally by emailing TCT at: email@example.com
Comprehensive TOD Land Use Model
The TOD Comprehensive Model (TOD-C) is currently being developed, utilising the approved principles. This process will be divided into two components:
- Determine the process to build efficiencies into the existing road and rail trunks, specifically around railways and BRT stations
- Evaluate whether the proposed new road and rail trunks as determined in the IPTN 2032 are viable and then determine the TOD investment opportunities around them TOD-C focuses on land use intensification and densification of greenfield and brownfield sites across the City.