Comparison – Bottom up & Top down

Comparison of OMEVTA and Provincial Governments future development proposal

Key components

Oude Molen Eco Village Tenants Association (OMEVTA) Future Development Proposal

Provincial Gov. Future Development Proposal for the overall area including the Oude Molen property

Development Approach Holistic, integrated, bottom-up, people centred, collaborative development approach. Founded on researching all key stakeholder interests & needs to create a unique win-win solution to diverse & competing multi-stakeholder interests. Key stakeholders include – Two Rivers Urban Park / Maitland Garden Village / Rent Paying Tenants on Oude Molen Property / City Regeneration Program / City of Cape Town / Provincial Government / Pinelands Community Top down, non-collaborative nor people centred approach. Key stakeholders not consulted –   Two Rivers Urban Park / Maitland Garden Village Community / Rent Paying Tenants on OM Property / Pinelands Community
Management Model Social Enterprise management model based on current cutting edge & international best practices being promoted by innovative business leaders & institutions (Bill Drayton, Richard Branson, UCT Business School) as the preferred model to address poverty and wealth distribution more effectively. Incorporates core business principles with a “Triple Bottom Line” business management approach that prioritises addressing social, economic, environmental challenges in a region Corporate, big business orientated Public Private sector partnership model driven by profits & bottom line dividends to shareholders only, approach
Ownership & Accountability Joint custodianship & shared ownership by key stakeholders and accountable to local & neighbouring communities Public / Private sector ownership, not accountable to local stakeholders / communities
Economic Model Utilities Innovative cutting edge international best practice Social Enterprise model focusing on small business enterprises, ensures equitable distribution of wealth, positive social, economic & environmental impact. Net Profits distributed to credible Non Profit Organizations involved in social, economic, environmental & educational development in the region Based on out-dated & flawed “Trickle Down Effect” economic model. Profits absorbed by an elite few with minimal wealth distribution or local social, economic & environmental impact
Full time Employment Opportunities Guaranteed 500 full time employment opportunities per month on Oude Molen Eco Village property through micro, small & medium sized enterprises benefiting local & neighbouring communities No figures. Corporate Medical enterprises employ highly qualified people, not benefiting local & neighbouring communities
Informal Sector Work Opportunities Guaranteed 1,500 informal part-time employment opportunities on Oude Molen Eco Village property as per proposed future development proposal – weekend craft & food markets, music events activities Not included or specified
Rent Paying Tenants Current rent paying value adding tenants enterprises included Not included / not specified
Public Open Space Character & Public Access Emphasized in future development proposal to ensure Provincial Governments proclaimed vision as a “place for all” by providing a variety of social & recreational amenities & facilities Medical Park on Oude Molen Property will be exclusive with restricted public access
Rental Rates Specifically designed to offer affordable commercial & residential rental rates ensuring support for start-up micro & small to medium sized businesses & non-profit organisation enterprises and accommodation for citizens with limited financial means together with those with more financial means Big business Public Private sector partnership driven by profits will result in high commercial & residential rental rates unaffordable to small businesses or citizens with limited means
Youth Development Opportunities Designed for 100 small & medium sized business’s & a variety of non-profit organization to offer job shadowing skills transfer opportunities to 160 unemployed youth per month Not included
Building foot print & Density Designed to complement Two Rivers Urban Park (TRUP) vision and retain an open space character and ambiance. Minimal additional foot print & only what is necessary density to ensure financial sustainability. Proposal endorsed and supported by TRUP Over development & an excessive building foot print & density to maximize profits. Reference made to another Water Front Development
Activities / facilities / opportunities Commercial (small to medium enterprises). Mixed residential housing. Social & Recreational facilities (braai & picnic areas / playgrounds & jungle gyms / swimming pool / horse riding / music & events amphitheatre / weekend craft & food markets). Urban agriculture food gardens. Non-profit organization services (youth, adult, health, environment, education) Youth job shadowing skills Dev. Commercial (corporate business medical companies). Residential housing. Urban agriculture
Economic viability & Financial sustainability Based on public support & a 50 year lease for the Oude Molen property from the joint custodians  Prov. Gov. The Social Enterprise model is economically viable, financially sustainable & able to generate – R200 million to Prov. Gov. & distribute R75 million to local Non Profit Organizations in the region over fifty years No actual figures & does not say what portion of profits will go to Government, Corporates or benefit the local community
Share thisShare on FacebookShare on Google+Pin on PinterestTweet about this on TwitterEmail this to someone