A new development by Signatura, known as The Quarter, will set new benchmarks for accommodation and easy living in one of the city’s most appealing areas. Located on the corner of Somerset and De Smit Streets, it will be a natural extension to the acclaimed Media Quarter building, home to M&C Saatchi Abel and other creative practitioners.
“We are delighted at the opportunity to bring our expertise to work on this wonderful location,” said Signatura MD David Cohen.
“Residents will be close to CBD businesses and entertainment, as well as all the lifestyle attractions of the precinct. The Cape Quarter Food Spar was judged the best Spar in South Africa and there are great eateries, cafes, bars and speciality shops to discover.
“You can enjoy great coffee at Origin, as well as meeting friends at popular eating spots like the Piano Bar music revue bar, Il Leone for excellent Italian food and Don Armando for Argentinian charcoal-grilled meat. There are also health, beauty and fitness studios, such as Yogalife.
“The V&A Waterfront, Cape Town Stadium, Fan Walk and beaches of the Atlantic Seaboard will be within easy reach too.”
Mr Cohen said a total of 69 apartments are planned, starting at 39m² at a cost of R2.1 million. There are also five penthouse units (86m² to 168m²) each with lush garden roof terraces and plunge pools. Parking is available for every unit.
“Floor-to-ceiling glass sliding doors and windows in the units will make the most of the light and views of the city, mountains and harbour. Multiple features will include airconditioning, underfloor heating, LED lighting and provision for fibre connectivity,” said Mr Cohen.
“An impressive lobby with 24-hour concierge service, top end fittings that include engineered stone tops, SMEG stainless steel ovens and Ceran hobs are all included.”
To protect the existing cobblestones in the vicinity, these will be lifted and stored for safeguarding during building, then re-laid. There will be a retail outlet on the ground floor adjacent to the building entrance.
Renato Graca, EHH Architects director, said The Quarter would form a natural, flowing extension to the Media Quarter ‒ which was designed by the same firm.
“The Quarter will draw inspiration from its well-established neighbour, speaking a language of glass, aluminium and natural stone. The external palette has been purposefully left neutral, allowing the vibrancy of the neighbourhood and existing vernacular to be left unrivalled whilst complementing its context.”
Signatura’s partners on this project are Nedbank Corporate and Investment Banking, Quenet property management company, and Folkes, which has commercial property interests in the UK and South Africa. The Quarter occupation is scheduled for mid-2020.
