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Appraising market and financial feasibility of development options

2024

Location: AJ West site, Bellville
Role: Urban economist
Contract: Zutari
Client: City of Cape Town

Claus was appointed by the City of Cape Town to serve as property economist on a Zutari-led team tasked with developing a concept and conducting pre-feasibility studies for a strategic land parcel in Bellville CBD. Claus’s role included detailed market and financial feasibility analysis of alternative development options, incorporating a mix of land preparation and grading, affordable and market housing, street-front retail, structured parking, and shared public space such as landscaping, gardens, and recreational areas.

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