Construction projectDesign

Heritage Bank Buildings Redevelopment

Cape TownPrivate
PPA 35630Published 25 June 2025Updated 18 September 2026

Project overview

About this development

Consolidation of three properties and re-development of the existing heritage buildings on Erven 4507, 4508 and 4509 into a mixed use commercial and hotel development in the Cape Town CBD, Western Cape. The construction will add additional floors to the existing heritage buildings. The consolidated site of 2729m² is known as the City block of Adderley/Longmarket/Shortmarket Streets and St Georges Mall. The buildings are: First National Bank at 82 Adderley Street, Erf 4509, African Bank at 81 Shortmarket Street, Erf 4508 and Nedbank at St Georges Mall, Erf 4507. Four new levels will be added to the First National Bank and Africa Bank sites whilst 1.5 levels will be added to Nedbank building. The existing basements will be inter-connected and utilised for back of house. At ground floor level, uses will be retail, hotel foyer, and restaurant. The upper levels will be a mix of hotel use as rooms, offices and conferencing. In addition, there will be commercial offices. The top floor (8th level) will contain a restaurant with covered roof terraces. The GPS coordinates are 33°55'24.4"S 18°25'16.5"E.

Project at a glance

Heritage Bank Buildings Redevelopment is located in Cape Town. The project is classified in the Private sector. Its current recorded stage is Design. The recorded project value is R 200 Million+.

Key information

Project facts

Location
Cape Town
Sector
Private
Project stage
Design
Project value
R 200 Million+

Common questions

About this project

Where is Heritage Bank Buildings Redevelopment located?

Heritage Bank Buildings Redevelopment is recorded as being located in Cape Town.

What stage is Heritage Bank Buildings Redevelopment at?

The current recorded project stage is Design. Project information may change as new research becomes available.

What additional project information is available to L2B subscribers?

Subscriber information may include professional team and project monitoring tools.

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Heritage Bank Buildings Redevelopment | Construction Project | L2B | Leads 2 Business