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Cape Town CBD’s remarkable post-covid recovery detailed in CCID economic report

The Cape Town CBD’s post-Covid economy is on the rebound with property investment in the inner city in 2022 exceeding R3.555 billion and the retail, hospitality and eventing sectors all being in a phase of regeneration.

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About the Cape Town Central City Improvement District

The Cape Town CCID is a not-for-profit private-public company that operates in a 1.6 km² geographical area in the traditional Central Business District (CBD) of Cape Town. It is mandated by stakeholders to manage and promote what is known as “town” in partnership with the City of Cape Town.

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CCID boundary

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