The silo district is home to two hotels: the eclectic Silo Hotel, a luxury 28-room establishment with a penthouse apartment that will set you back more than R100,000/night and a rooftop bar that arguably offers the best views in Cape Town; and the 250-room Radisson Red, a new four-star hotel concept inspired by all things art, music and fashion. The hotel is only the third Radisson Red to open its doors in the world, following a successful launch in Brussels, Belgium, and Minneapolis, in the US.
The Radisson Red concept is aimed at what the Carlson Rezidor hotel group refers to as "an ageless, expressive, tech-savvy crowd".
The silo district also boasts two luxury apartment developments, Silo 2 and 3. Apartments at Silo 3 sold off-plan for upwards of R7m at an average price of R83,000/m². Only one of its 79 apartments launched off-plan about a year ago remains unsold — a penthouse with a price tag of R48m. An ultra-luxury penthouse apartment spanning 400m² was recently sold to a local businessman for R84m, which translates into a selling price of a whopping R210,000/m². That’s believed to be a new record for SA sectional title prices on a rand/m² basis.
Zeitz Mocaa is a not-for-profit partnership between the V&A Waterfront and German art collector and philanthropist Jochen Zeitz. The former CEO of Puma has provided part of his African art collection on long-term loan to the museum. The inaugural exhibition features about 300 works of art, including pieces by established local artists such as William Kentridge, Mary Sibande, Kendell Geers, Nicholas Hlobo and Penny Siopis, as well renowned Ghanaian artist El Anatsui. email@example.com