Current Developments

Building a new vision for our urban future

Street-level view of Lower Long, designed to be fully integrated with the city’s walkable CBD, anchored by retail and community-focused amenities.

An architectural rendering of Lower Long, Divercity’s affordable rental development in Cape Town’s CBD, offering 432 apartments and ground-floor retail.

23 Lower Long

Delivering affordable rental housing in the heart of Cape Town’s CBD.

Capital value: R 400 million

Divercity, in partnership with Ingenuity Property, is developing Lower Long – a 12-storey, mixed-use building located directly opposite the Cape Town International Convention Centre. The development will deliver 432 affordable rental apartments, complemented by 1,200m² of retail and three levels of structured parking.

Lower Long will be the first affordable rental development in Cape Town’s CBD, addressing a critical shortage of well-located housing in the city centre. With rental levels significantly below prevailing market rates, the project makes it possible for more people to live closer to work, transport, and opportunity.

Targeting IFC EDGE certification, the building will incorporate sustainable features such as energy-efficient lighting and water heating, low-flow water fittings, and eco-friendly construction materials.

At a glance:

432 affordable residential units.
1,200m² of convenience retail with a grocer anchor.
Three levels of parking.
Easy access to the V&A Waterfront, CTICC, and public transport hubs.

The Oval

Transforming office space into affordable rental housing in Bryanston.

Capital value: R 300 million

The Oval is a redevelopment of the former Oval Office Park in Bryanston, Sandton. Divercity has acquired the property from Growthpoint with plans to deliver a mix of conversion and new-build apartments, while retaining the site’s established green character and central field.

The project will bring 450 residential units to one of Johannesburg’s premium suburbs at rentals set below current market levels, offering residents affordable access to the area’s schools, jobs, and retail. Community amenities, including a clubhouse, pool, and co-working facilities, will be located at the heart of the development.

At a glance:

450 residential units (242 conversions, 208 new build)
360 parking bays
Clubhouse, pool, gym, and co-working space
Park-like setting with central oval field retained

The Oval site in Bryanston, Sandton, set within a secure, landscaped office park environment earmarked for residential redevelopment.

The central oval and surrounding buildings, showcasing the park-like character that will be retained as part of the residential redevelopment.

Aerial rendering of Menlyn Park Apartments, showing the scale of the residential development set within a landscaped, park-like environment adjacent to Menlyn Park.

Street-level view of Menlyn Park Apartments, illustrating the architectural approach and active ground-level interface of the residential redevelopment.

Menlyn Park Apartments

Delivering well-located rental housing in Pretoria’s Menlyn node.

Capital value: R 850 million

Menlyn Park Apartments is a large-scale residential redevelopment located adjacent to Menlyn Park Shopping Centre in Pretoria. Developed in partnership with Pareto Limited, the project will transform the former Menlyn Office Park into a residential neighbourhood integrated with one of the city’s most established mixed-use nodes.

The development will deliver approximately 1,200 rental apartments, combining office-to-residential conversions with new-build apartment blocks set within a landscaped, park-like environment. The scheme is designed to retain existing green spaces while introducing high-quality rental housing close to retail, transport, and employment opportunities.

At a glance:

1,200 residential apartments
460 conversion units and 740 new-build units
Located adjacent to Menlyn Park Shopping Centre
Landscaped, park-like setting
Phased delivery, with first units expected from 2027

Conradie Park

Delivering large-scale affordable rental housing in Cape Town

Capital value: R 700 million

Conradie Park is a 22-hectare mixed-use development in Pinelands, Cape Town, led by Concor on land acquired from the Western Cape Government. Divercity’s portion of the project will introduce 814 new rental apartments, complemented by retail, parking, and recreational facilities. The site is ideally located near main transport routes and railway stations, and forms part of a broader mixed-income neighbourhood already under development.

This scheme builds on Divercity’s model of well-located, affordable rental housing and is designed to broaden access to quality homes in Cape Town.

At a glance:

814 residential apartments
400 m² of retail space
507 parking bays (0.62 ratio)
Supportive recreational facilities

Aerial rendering of Conradie Park, illustrating the scale of the residential development set within a landscaped, mixed-use environment in Pinelands, Cape Town.

Street-level view of Conradie Park, highlighting the residential buildings, pedestrian-friendly streets, and shared public spaces within the development.

By 2030, the UN’s goal is to ensure access for all to adequate, safe and affordable housing and basic services.

Our impact

Over the next five 5 years, Divercity expects to construct more than 10,000 new and green affordable residential units in centrally-located neighbourhoods, expanding housing options close to economic opportunity for low- and middle-income households. Construction of the new residential units will help address the growing housing deficit and issues of spatial segregation in South Africa.

By 2030, the UN’s goal is to develop reliable, sustainable and resilient infrastructure to support economic development and human well-being, with a focus on affordable and equitable access for all

Our impact

Divercity is providing housing in locations that are connected to existing infrastructure, such as healthcare, schools, jobs and parks. This serves to reinforce accessible and equitable cities, as well as strives to break the destructive pattern of South Africa’s apartheid infrastructure and planning.

By 2030, the UN’s goal is to strengthen the resilience and adaptive capacity to climate related disasters

Our impact

More compact cities – enabled through the kind of development that Diversity advances – are associated with substantially lower greenhouse gas emissions, better land-use, and energy and resource efficiency, based on research 1 we’ve done with the Green Building Council South Africa (GBSCA) and Arup. Divercity has a commitment to minimising greenhouse gas emissions and is already supporting climate change mitigation through a range of measures, such as rooftop solar arrays, energy and water efficient design in all of our buildings and EDGE rating of all new developments.

By 2030, the UN’s goal is to ensure equitable and quality to pre-primary, primary and secondary education and lifelong learning

Our impact

Through our Ithemba Upliftment Foundation, we are contributing to early childhood development, enabling hundreds of young children to receive quality education at Daycare Centres in our precnits. This is in addition to the widened access to formal education facilities that are part of our developments, and our efforts in supporting lifelong learning through supporting adult education.

By 2030, the UN’s goal is to ensure universal access to affordable, reliable, renewable and modern energy sources

Our impact

As the cost of renewable energy generation capacity becomes more accessible and affordable, we are integrating these technologies more broadly across our residential portfolio. Divercity is focussed on eco-responsible housing as a viable means to contribute to sustainable and environmentally friendly urban development – through rigorous adherence to green building standards, including the use of energy efficient LED lights, rooftop solar arrays, energy efficient hot water generation and energy efficient building design.

By 2030, the UN’s goal is to encourage and promote effective public, private and civil society partnerships to attain the global goals

Our impact

Our partnerships empower us to champion progressive policy that supports sustainable development. One impactful example of such a partnership is our work with Green Building Council South Africa (GBSCA) and Arup, the global multi-disciplinary firm, on a research project on the enormous environmental and economic costs of the current dynamic of urban sprawl in Johannesburg. Through this project, we developed actionable recommendations for policymakers, investors and other stakeholder groups.
You can read more about the research project, titled: Does location matter? here.