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Annual Report 2012 District CLEAN, SAFE, CARING and OPEN for BUSINESS

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Annual Report 2012 District CLEAN, SAFE, CARING and OPEN for BUSINESS cape town central city improvement district improvement city central town cape cape town central city improvement annual report 2012 report annual district CLEAN, SAFE, CARING AND OPEN FOR BUSINESS annual 2012 report CAPE TOWN CENTRAL CITY IMPROVEMENT DISTRICT ANNUAL REPORT For ThE year ended MISSION 2012 30 June 2012 A public-private partnership, the Cape Town Central City Improvement District (CCID) was established in November 2000 by local property owners with a vision for the area to become a safe, clean and caring urban environment. The term “City Improvement District” refers to a specific geographic area, approved by the City Council in terms of the municipal Property Rates Act, Section 22 (Special Rates Area), and the CID bylaw, in which complementary top-up services are provided. A non-profit company, the CCID’s mission therefore is to provide these top-up services effectively, working in partnership with various departments within the City of Cape Town and SAPS. The CCID’s managing agent is the Cape Town Partnership, a collaboration of public and private sectors working together to develop, promote and manage Cape Town’s Central City. The Central City is considered to be South Africa’s most vibrant and safest CBD. Having achieved its original mandate to establish itself as a successful work, live and play destination where it is business as usual for all its stakeholders, it is now also turning it sights towards showing the world beyond its boundaries that it is open for business. CONTENTS Chairperson’s Review 2 Chief Operations Officer’s Message 6 Chapter 1: Safety and Security 12 Chapter 2: Urban Management 18 Chapter 3: Social Development 24 Chapter 4: Communications and Marketing 30 Chapter 5: Looking Ahead 34 Chapter 6: Annual Financial Statements 42 Directors’ Responsibility Statement 43 Directors’ Report 44 Independent Auditor’s Report 45 Statement of Comprehensive Income 46 Statement of Financial Position 47 Statement of Changes in Reserves 48 Statement of Cash Flows 49 Notes to the Financial Statements 50 Detailed Income Statement 60 The CCID in 2012 62 Acknowledgements and Thanks 64 chairperson’s review chairperson’s review In the Public While it’s the work EyE that goes on The Central City Improvement District Looking towards the behind the scenes (CCID) has been in the public eye since Future PerFect 2000 when Cape Town became the Over the past two decades, we’ve that really makes first city in South Africa to implement watched a large number of city centres a fully constituted, legally bound City experience the result of urban sprawl as for a successful Improvement District and ever since downtowns are vacated for the highly then other cities have watched us closely. coordinated suburban mall experience. City Improvement Reinforcing its success, today the CID However, Cape Town’s Central City model has been rolled out in 26 areas has resisted this trend, instead offering District such as across the Western Cape alone. corporates and entrepreneurs alike an It will always be part of our mandate eclectic mix of business, entertainment, the CCID, it’s the to get the basics right and to ensure that arts and events. Moving forward, we our Central City is at all times safe, clean now look towards more sustainable physical presence and caring; but with 12 successful years development and densification to combat behind us we have now also set our sights the strain on our natural resources and of its teams on the across the next decade towards raising the our own pockets. The concept of a profile of our CBD as a leading business vibrant, 24/7 downtown reignites the streets that gives hub in South Africa and beyond. possibilities that such a centre can bring We’ve shown we are up for the to these future concepts. stakeholders the challenge – not only in the CCID’s work To quote Councillor JP Smith on the ground and in the spaces between (Member of Safety and Security on the confidence that our buildings, but in our own corporate Cape Town Mayoral Committee), in a governance: the CCID has now enjoyed recent interview on ABN Digital’s Eye we are ‘on the job’. unqualified financial reports for the past on the Western Cape: “CIDs have become 12 years of its existence. valuable coordinators of a collective So, in spite of a tough economy and business community who often are not a rocky road to global recovery ahead able to do so among themselves.” of us, we are ready to show the world This is the coordination role that the that the Cape Town CBD is open for CCID now aims to step up. Over the business and offers a solid, long-term years, we’ve established excellence in foundation for economic investors urban management, and looking ahead, of all types and sizes – from a compact, our vision now is to position the Central street-level operation to big corporate City as a place where the CCID’s own business and from those establishing enterprises and those of our stakeholders new endeavours to those looking can be as profitable, efficient and The Cape Town towards redevelopment. sustainable as possible. Central City is open for business, says rob kane, chairperson of 2 central city improvement district // annual report 2012 the CCID. annual report 2012 // central city improvement district 3 chairperson’s review chairperson’s review In order to achieve this we have upped time: two years after the 2010 FIFA the ante on all sides – in service delivery World Cup™ when the world witnessed on the ground, in the way we interact a highly successful event in the Mother with all our partners, and in the way we City, and with two years to go before communicate with our target markets. Cape Town once again enjoys the Thus, with the basics firmly in place, international spotlight as the World the CCID has widened its focus Design Capital (WDC) 2014. “The Central from mere area management to area The significance of winning WDC City is a vibrant promotion. Against the background of a 2014 from a CCID perspective is that protracted recession and decentralisation the title positions Cape Town as a environment for A Central City with trends, we have identified the ‘Open creative city, appealing to a new market a vibrant mix. The business. It has for Business’ concept as the most of ‘urban travellers’ who do not go on contemporary exterior a supportive critical communication we need to holiday to escape a city, but rather to of the CTICC in the deliver, through powerful messaging experience and embrace it. Hence there financial district of the Foreshore government, and stakeholder engagements, on a is an opportunity to raise awareness of complements heritage a collaborative national and international basis, aimed at all offerings in the CBD and increase buildings (left) in safeguarding, enhancing and growing the footfall over the next two years and the Fringe. ecosystem, reputation of the CCID as the place for beyond. The title will see a full year of and a vibrant businesses (as well as their employees) to design-led events hosted in Cape Town, and creative be located. many of which will be located in the renewable resources, especially energy, buildings that are not yet energy efficient This is perhaps one of the most To this end we have produced our very Central City. is unsustainable. will need to consider retrofitting, just as important drivers both towards consumer firstState of the Cape Town Central City To further enhance our ‘Open for • An Era of Systemic Risk: facing the design of all new builds will need to sustainability in the Central City, and market that’s Report. To be produced annually, the Business’ strategy, 2012 has also seen the the uncertainty due to climate change. be ‘green’, with sustainable habitats and to bridge economic and social divides. open to report is based on examples published by CCID become a member of the newly In many ways the Central City is energy efficient landscaping, particularly As a Central City, we stand therefore other vibrant, international downtowns, launched Economic Development already embracing these shifts: the those whose outdoor spaces could in the public eye, fully aware of the innovation. ” and aims to provide those looking in Partnership (EDP), an independent establishment of The Fringe, which become green corridors throughout work that still needs to be done. But it’s Vuyisa Qabaka from the outside with facts, figures and NPO mandated by the Western Cape focuses on creating a hub in the East the CBD. One of the most innovative work we could not even contemplate narratives of the Central City’s most Government to drive a partnership- City precinct for the creative industries of these (soon to begin construction) without the passion and dedication Entrepreneur and Founder of the exciting developments and the potential building process towards an inclusive, and the knowledge economy, relates is phase two of the Cape Town of the CCID’s Chief Operations South African Black Entrepreneurs that the area has towards inclusive and sustainable and resilient economy in directly to Socio-Digital Transition. International Convention Centre. Officer Tasso Evangelinos, his Urban Forum. City Views, August 2012 sustainable economic growth. the Western Cape. In its OneCape 2040 The occupants of The Fringe would also However there are other mega-shifts Management, Safety and Security, and The first report comes at an opportune Strategy, the EDP has identified four do well to take the Geo-Economic which we will now need to address in Social Development teams, as well as global mega-shifts that will determine Shift into account, and look towards earnest – one of which deals with the the service providers that support them whether an area such as the Central providing products and services to the residential densification of the greater all.
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