According to the press release, the fibre optic project will see a “single trench policy” introduced across the property.
The fibre optic infrastructure will circle the entire property and V&A said it is being rolled out in three phases, with an anticipated site-wide roll out by the end of 2014.
Phase one is complete and fully operational, with the new Allan Gray head office running on this network.
The building management system, CCTV and parking at the V&A Waterfront all currently run on the fibre optic infrastructure and a number of tenants are already making use of the network, the Waterfront said.
Both new and existing tenants will have access to high-speed connectivity, to fixed wire, wireless and GSM network operators of their choice.
“With the new fibre optic infrastructure we aim to provide the most advanced high-speed broadband access in South Africa and market parity, adding further appeal to businesses considering the V&A Waterfront as a base for their operations,” said David Green, CEO of V&A Waterfront.
“More than 16,000 people work here on a daily basis. There are 450-plus world-class retailers and over 80 eateries, add to this one 6-star, four 5-star, three 4-star and two 3-star hotels, 40 business function rooms at 14 venues. There are 512 homes in the Marina alone. In addition to this, the property attracts 23 million visitors annually, both local and international,” Green said.
“Taking all this into account, you start to see the vital role of improved connectivity and the positive impact it will have.”