Stellenbosch — The Public Record

Decisions, money, promises and services in Stellenbosch Local Municipality, 2021–2026. Sourced, classified, correctable.

Document SRC-1005

Eikestad Parking PPP Feasibility Study: Executive Summary (SMEC, ref B/SM 13/21-TT.9)

SMEC South Africa for Stellenbosch Municipality · 24 January 2024 · feasibility study

Original address
https://www.enviropart.co.za/upgraded/wp-content/uploads/2024/01/C1978-Eikestad-Parking-PPP-Feasibility-Study-Executive-Summary-20240124-1.pdf
Retrieved
29 October 2026
Archived copy
An archived copy is held by the project
Why it matters
2024 multistorey (Eikestad) PPP study: demand, 498-bay facility, BOOT, s78 2019 resolution

Original document

Open the original (PDF) ↗
Retrieved 29 October 2026.

Cited pinpoints: SMEC Executive Summary, 'Needs Analysis', printed p.iv (PDF p.5); Council agenda 23 Aug 2024 item 10.6.2, para 6.6 (35th Council 2020-02-26 item 13.3; Special Council 2022-02-23 item 8.11.2), PDF pp.6-8 ↗SMEC Executive Summary 'Demand Analysis' pp.iii-iv; Summary Report s3.3.1SMEC Summary Report s3.5.1, Figs 3-8 to 3-10 (around pp.40-41); Executive Summary p.iv ↗Council agenda 23 Aug 2024 item 10.6.2, Annexure 1 (SMEC feasibility study) s3.7.3-3.7.4 and Tables 3-23/3-24, printed pp.119-124 (PDF pp.143-148); executive summary Table 3-3, PDF p.29. Also SMEC Summary Report s3.6.3, Tables 3-2/3-3, printed pp.43-44 (PDF pp.57-58) ↗SMEC Executive Summary 'Options Analysis' and 'Conclusion', pp.v-viSMEC Executive Summary 'Economic Analysis' and 'Financial Analysis', pp.v-vi

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Claims citing this document

  • VerifiedEditor-approved SMEC records a Council s78(4) resolution, which it dates to 2019, that open single-level parking be provided through an internal mechanism and multistorey parking through an external mechanism, with a private company to build, own, operate and transfer the facility to Council after 20 years. The Council item of 23 Aug 2024 lists that decision as Council 26 Feb 2020, item 13.3, and records that on 23 Feb 2022 Council amended it so that open one-level off-street parking would also be provided through an external mechanism unless the internal one was clearly more viable. (SMEC Executive Summary, 'Needs Analysis', printed p.iv (PDF p.5); Council agenda 23 Aug 2024 item 10.6.2, para 6.6 (35th Council 2020-02-26 item 13.3; Special Council 2022-02-23 item 8.11.2), PDF pp.6-8)
  • VerifiedEditor-approved SMEC parking surveys (06:00-18:00) were done 15-19 Sep 2020, 22-24 Apr 2021, 18-20 May 2023 (peak) and 11-15 Jul 2023 (off-peak), with inventories on 24 Aug 2020 and 3 Oct 2023. (SMEC Executive Summary 'Demand Analysis' pp.iii-iv; Summary Report s3.3.1)
  • VerifiedEditor-approved At the Eikestad Mall off-street parking area, SMEC observed weekday peak parking accumulation rising 20% from 2020 to 2021 and a further 85% from 2021 to 2023, with usable capacity exceeded in 2023; Friday increases were 71% and 37%, and Saturday (area L7) 60% and 29%. (SMEC Summary Report s3.5.1, Figs 3-8 to 3-10 (around pp.40-41); Executive Summary p.iv)
  • VerifiedEditor-approved SMEC sized a possible Eikestad facility (assuming use of the existing basement) at averages of 285, 319 and 399 bays for 2023 and 402, 502 and 483 bays for 2028 across three methods (2.57% annual growth). In its full report (Rev 2, 9 Jul 2024) the three methods gave additional-bay requirements of 7 to 292 (Method 1), 2 to 314 (Method 2, which SMEC itself calls flawed) and 92 to 300 (Method 3), which SMEC summarised as ranging 'from just 7 additional bays to 314' with an average 'around 148'. It sized the facility at 475-548 bays and proposed 498. (Council agenda 23 Aug 2024 item 10.6.2, Annexure 1 (SMEC feasibility study) s3.7.3-3.7.4 and Tables 3-23/3-24, printed pp.119-124 (PDF pp.143-148); executive summary Table 3-3, PDF p.29. Also SMEC Summary Report s3.6.3, Tables 3-2/3-3, printed pp.43-44 (PDF pp.57-58))
  • VerifiedEditor-approved SMEC assessed nine sites and found the existing Eikestad open parking behind Eikestad Mall the most suitable; it states CBD demand for parking services 'amounted to 300 bays'. (SMEC Executive Summary 'Options Analysis' and 'Conclusion', pp.v-vi)
  • VerifiedEditor-approved Figure: stage unknown SMEC found a 25-year BOOT concession more favourable than 20 years, said tax and VAT would give the public sector an extra NPV of R66m over 20 years and R122m over 25 years, said private-sector risk management could cut risk cost to the public sector by almost 60%, and recommended Treasury Approval 1. (SMEC Executive Summary 'Economic Analysis' and 'Financial Analysis', pp.v-vi)

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