Multi-million Rand investment for Tramways face lift

29 June 2012
Multi-million Rand investment for Tramways face lift
The Mandela Bay Development Agency (MBDA), an entity of Nelson Mandela Bay Municipality (NMBM) is currently preparing designs for a facelift for one of Port Elizabeth’s oldest building. Nelson Mandela Bay residents will be pleased to know that a multi – million rand investment has been set aside for the historic Tramways building on Baaken’s Street.
 
Before the Tramways building was burnt down in an accidental fire in the late 90’s, the building, which is over 100 years old, was used as an ice rink which was a popular place to visit by residents in the Bay. The MBDA has appointed  the Aurecon Group, Davis Langdon Quantity Surveyors and Dominic Bonnesse Architects for the facelift. The development agency, through funding from NMBM, will be investing approximately R20 million in the Tramways redevelopment, and are currently preparing designs for the building for which construction should be completed by the end of 2014. “We will be using the building for our new office space which we will possibly share with Nelson Mandela Bay Tourism (NMBT), by investing in and working from the Tramways building, we hope that businesses and the private sector in the Bay will follow public sector investment and move back to the CBD” said MBDA CEO Pierre Voges.
 
“The puzzle which we have been building piece by piece since 2005 is coming together nicely, it is encouraging to see companies like Boomtown and popular coffee shop Roastmasters operating their businesses in the Baaken’s Valley area as that is what we would like to achieve by investing in the CBD” added Voges.
 
The MBDA will also be commencing with Phase 1 of the Belmont Terrace Environmental Upgrade in central which is roughly a R10 million investment and includes an upgrade of part of Bird Street, Belmont Terrace, Trinde Square and the Little Theatre in Nelson Mandela Bay.
 
Construction should be completed by the first quarter of 2014.