A structure over twice the height of the tallest building in Cape Town is to be built on Buitengracht Street on the foreshore. The R1.2 billion, 150-m-tall skyscraper will contain office floors, a hotel, retail facilities and a multi-storey car park. The development is being overseen by Old Mutual Investment Group Property Investments, which purchased the land from the city council for R89 million in May 2007. If all goes to plan, construction should be finished in 2011. The skyscraper will be the biggest property development undertaken in Cape Town since the city