<div class="ExternalClass87B15B32EBE8415FB92A3EDDDC3B04E7"><p>Construction at the V&A Waterfront’s Silo District reached some impressive milestones in recent weeks: 2 500 000 man hours without a loss of time incident (LTI), and four construction safety awards for the work underway in the district.<br></p><div><br></div><div>Audited by the Master Builders Association (MBA), the V&A Waterfront’s Grain Silo project, comprising the much-anticipated Zeitz Museum of Contemporary Art Africa (Zeitz MOCAA) and The Silo (hotel), came first regionally and second nationally in the MBA Safety Competition.</div><div><br></div><div>Phase 2 of the Car Park Redevelopment in the district also took home a regional first-place prize and second-place national prize, while No. 5 Silo came second in the regional safety awards.</div><div><br></div><div>Rounding up the accolades, the Silo District development was named Safety Company and Safety Team of the Year at this year’s awards.</div><div><br></div><div>The final phase of the V&A Waterfront’s Silo district is on track for an early 2017 completion at a substantial investment of R1.5 billion. This will bring the total investment by V&A Waterfront shareholders, Growthpoint and the Government Employee Pension Fund, managed by the Public Investment Corporation (PIC), to over R2.5 billion.</div><div><br></div><div>Four new developments will introduce over 35 000 m² of mixed use, sustainable developments including new corporate offices, a residential development, a Virgin Active Classic Health Club and a mid-range internationally branded hotel, plus over 1 050 additional parking bays.</div><div><br></div><div>When completed, approximately 2 500 people will work at the Silo District daily. In an economic impact study released earlier this year, the expected nominal contribution to GDP from future developments is R29.9 billion.</div><div><br></div></div>2015-10-01T22:00:00Z



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