New range of urban homes for Cape Town city centre
Cape Town – Cape Town urban property developers Blok recently announced its latest product – Blok Raw – aimed at introducing a new range of urban homes in a new price band and new locations within Cape Town’s growing urban centre.
Blok has selected FORTY ON L, located on Lion Street in the Bo Kaap, as the development in which to not only unveil the new Blok Raw product, but also a new development model that they wish to pilot.
Dubbed the 80:20 model, it is built upon local and international research and looks to adapt the current model to allow developers to deliver a more diverse mix of housing in well-located urban areas.
According to Blok, the model exemplifies inclusionary housing which are homes supplied by the private sector to a market that would not have had access to the development nor the area within which the development takes place.
Source: fin24.com
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