A new home for PwC in Cape Town

PwC is moving its Cape Town Office to a newly constructed building at the iconic Waterfront, with move-in to occur on 22 July 2016.

Danie Fölscher, Partner in Charge of PwC’s Western Cape Region, says: “We are excited about this move. This new location will keep us right in the heart of Cape Town’s most vibrant area, easily accessible to our clients.”

The Western Cape is steadily building its reputation as a leader in the provision of design-led products and innovation to the global markets. Cape Town was named as the World Design Capital in 2014. Furthermore, the city is the most popular tourist attraction in South Africa, with a total of R3.5bn planned for new hotels in Cape Town over the next four years.

“We are delighted to welcome a tenant as prestigious as PwC to the V&A Waterfront. This moves reinforces the V&A as a premier Cape Town office location, offering city centre connectivity and lifestyle advantages,” says David Green, CEO of the V&A Waterfront.

Cape Town is also regarded as the ‘city of choice’, in particular by young people and tends to attract entrepreneurial, innovative and educated types. Cape Town has four universities, which also assists in attracting entrepreneurial potential to the city. “Our relocation will improve our ability to attract, recruit and retain young, bright talent,” adds Fölscher.

PwC and the V&A Waterfront Holdings (Pty) Ltd signed a 9 000m² lease in the Silo precinct. Silo No. 5 is expected to be completed by mid-2016 and will offer over 13 000m² of multi-tenanted office space.

“The newly constructed building is expected to be more efficient, comfortable and flexible for our staff and clients. The firm has thrived for many years on the tenets of collaboration and team work to provide and add value to our clients. Our new building space is intended to reflect these core values, and enhance our ability to serve our clients’ needs at the highest level,” adds Fölscher.

“The building is truly impressive providing some of the most scenic views of the oldest working harbour in the country set against the backdrop of the iconic Table Mountain.”

The new building will be located in the vibrant Silo District at V&A Waterfront, which attracts more than 24 million visitors annually. In addition, the new office will be in close proximity to world class hotels, easy access to shops, restaurants and banks, and within walking distance of the Cape Town International Convention Centre, have state-of-the-art security in place, as well as substantial investment in ICT infrastructure. Furthermore, the City of Cape Town has improved access to public transport, with MyCiti bus stops located conveniently in front of the building.

The new building follows best practice in terms of sustainability and green building principles, climate control and security. Some of the highlights of this ‘building of the future’ include a district seawater cooling plant, electric car charging points, and bicycle storage facilities.

Other ‘green’ features include systems that ensure carbon dioxide levels are monitored adequately so that optimum amounts of oxygen are delivered to the building; the installation of metering systems that monitor and manage water consumption; an acoustic design which maintains suitable internal noise levels; and a design that provides good daylight levels for building users.

The architects have also allowed for high-performance glass panels that allow for 360̊- degree spectacular views while minimising passive solar gain and optimising natural daylight. “These initiatives will result in PwC having one of the most energy efficient buildings in Cape Town,” says Fölscher. The building will result in lower ongoing maintenance costs and cost savings through energy savings initiatives.

In addition, the internal aesthetics are inspired by international norms with great attention to detail. Each internal area is unique and innovative, but functional. Although the work stations are compact, there will be plenty of space. Focus will be placed on creating a more inspiring and effective working environment conducive to even better collaboration. Workstations will capture the collaborative needs of the modern workplace, providing employees with all the necessary components to shape their ideal working space.

The building will be equipped with a number of client meeting rooms, state-of the-art training room facilities and a client entertainment area on the roof terrace. While the interior design puts a focus on open-plan, employees will also be able to make use of pods with high-back chairs for informal meetings or discussions. In addition, staff can break away from their work to the restaurant on the top floor – “we have created a stimulating environment in which employees can meet, exchange ideas, relax, as well as interact with clients.”

Staff will also be encouraged to engage in a more healthy work lifestyle. Cycling and running will be promoted as sports. Dedicated cycle trails and running paths have been set up in the Waterfront precinct and the new building will feature change rooms and shower facilities on each floor. “This is an environment in which our staff will enjoy working – however, it goes beyond that of an office; it is a new lifestyle,” adds Fölscher.

“Our goal is to achieve a green-star rating from the Green Building Council of South Africa for our new building for its sustainable initiatives.”

“It is a pleasure to work with an organisation that is as dedicated to sustainability as we are. Sustainable development and green operations are fundamental to the V&A Waterfront’s overall development strategy,” adds Green. “We have adopted a rigorous approach to green construction and sustainable design principles, and the efficient use of natural and energy resources.”

The building will be the new work home for the approximately 650 employees currently at Century City.

“We are confident that our new office will provide an excellent platform from which to further enhance our presence in the Western Cape region and extend our profile in City of Cape Town and across the wider region,” concludes Fölscher.

Contact us

Sanchia  Temkin

Sanchia Temkin

Senior Manager, Media Relations, PwC South Africa

Tel: +27 (0) 11 797 4470

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