Paarl
Drakenstein Municipality
However, the quieter story (and arguably the more powerful one) is the industrial and commercial development that underpins it all. Paarl isn’t just building homes. It’s creating an economy. An economy that could test the mettle of Cape Town in a few years’ time…
Here’s what that means on the ground: • Over 16, 000m² of new industrial rights were granted in the last financial year. • 31 industrial building plans worth R147 million were approved between July 2024 and May 2025.
and community hubs pop up to complement the communities within which they live. That’s why we’ve seen expansions of existing retail centres and new mixed-use precincts lining the N1 corridor.
The numbers don’t lie The award-winning Drakenstein Municipality, which governs Paarl, has seen explosive growth. The local economy has ballooned by R10 billion since 2020, and now sits at around R35 billion.
Paarl isn’t just building homes. It’s creating an economy.
KWV Bottling Plant in Southern Paarl
October 2025 | Issue 141 | Asset Magazine 259
258 Asset Magazine | Issue 141 | October 2025
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