Transnet National Ports Authority’s (TNPA) Port of Port Elizabeth recently signed its first long-term leisure and recreational tenant lease in the Baakens River Precinct, marking a milestone in plans to develop a future waterfront precinct at the harbour.
The 15-year lease agreement with black economic empowered entity Lebolog has led to the establishment of the new Shisa African Restaurant, which is located in the vicinity of the Baakens Street, considered one of the finest pieces of real estate in the port. The venue was officially unveiled on September 2 although trading began on Women’s Day in August.
Port Elizabeth port manager, Rajesh Dana, said: “The signing of this lease takes the port further along on its journey of evolving into a ‘Smart People’s Port’ with improved community access and recreational activities.
“We look forward to attracting a variety of tenants into this precinct in order to promote recreation, tourism and leisure activities in the port. In the future the port’s marina development project – stretching from the Baakens River to Dom Pedro Jetty - will provide opportunities for expansion and growth for businesses,” he added.
