Time Out Market — the food and cultural market bringing the best of the city under one roof — is set to open in late 2023 in Cape Town at the V&A Waterfront.
Opening in partnership with the V&A Waterfront Holdings Ltd, Time Out Market Cape Town will showcase a curated mix of the city’s best culinary and cultural experiences. Visitors will get to taste food from local top chefs and much-loved restaurateurs, sip cocktails from award-winning mixologists and enjoy culture and entertainment from rising talents.
Time Out Market Cape Town is expected to open towards the end of 2023 at the vibrant V&A Waterfront situated on the Atlantic shore. The oldest working harbour in the Southern Hemisphere, this is one of the city’s top destinations, welcoming millions of people from all over the world who come here to live, dine, play, shop and work.
To be located in the current V&A Food Market space, Time Out Market Cape Town will span 27,000 sq ft and feature 14 kitchens, four bars and one stage. With approximately 750 seats, guests will be able to sit indoors or quayside with the spectacular view of Table Mountain as a backdrop.
With a focus on supporting local businesses, a close connection with the city is at the heart of the Time Out Market philosophy. As with its existing locations around the world, it is expected that the Cape Town site will bring significant employment and new opportunities for local talent.
This will be Time Out Market’s first location in Africa. The first of its kind opened in 2014 in Lisbon in a historic market hall, quickly turning into one of the most popular destinations in the city with over 4m locals and tourists visiting in 2019. Following the success in Lisbon, new locations opened in 2019 in Miami, New York, Boston, Montreal and Chicago, and in 2021 in Dubai. More Time Out Market locations are in the pipeline in cities such as Porto, Prague, Osaka and more.
Behind Time Out Market is Time Out Group — the global media and hospitality business that curates and creates the best of the world's greatest cities through its two divisions: Time Out Media and Time Out Market. Time Out launched in London in 1968 with a magazine to help people discover the exciting new urban cultures that had started up all over the city. Today, across its digital and physical platforms spanning websites, social media, newsletters, video, Live Events and the Markets, Time Out helps people discover the best things to do, see and eat in 333 cities in 59 countries.
Chris Ohlund, CEO of Time Out Group, said: “Bringing Time Out Market to Cape Town is an exciting step as we continue to bring our food and cultural market to exciting cities around the world. The location at the V&A Waterfront is breath-taking alongside being one of South Africa’s most visited destinations.
“Time Out Market is about the best of the city and celebrating local culinary and cultural talent — both award-winning and up-and-coming. We are looking forward to bringing this to life in the wonderful city of Cape Town. The food here is simply stunning and Time Out Market will be a great platform to showcase the very best Cape Town has to offer, putting a spotlight on the city’s extraordinary talent.”
David Green, CEO of V&A Waterfront Holdings, commented: “We are delighted to have secured this great offering. Time Out Market coming to our city, reaffirms Cape Town as one of the world’s leading tourism destinations. We are looking forward to the vibrant offering and another way of showcasing local culinary expertise.”
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About Time Out Market
Time Out Market is the world’s first editorially curated food and cultural market, bringing a city’s best chefs, restaurateurs and unique cultural experiences together under one roof. From cooking classes with top chefs to installations from local artists and live entertainment, Time Out Market captures and celebrates the soul of the city.
The first Time Out Market opened in 2014 in a historic market hall in Lisbon, quickly turning into the most popular destination in the city with over 4m visitors a year. The success of Lisbon brought further expansion in North America, with Time Out Market opening in five major cities in 2019: Miami, New York, Boston, Montreal and Chicago. In 2021, Time Out Market expanded into the Middle East with Time Out Market Dubai, and more Time Out Market locations are in the pipeline including Porto, Abu Dhabi, Prague, Osaka, London, Cape Town and more.
Time Out Market is part of Time Out Group PLC (AIM: TMO), the global media and hospitality business that inspires connection and joy by capturing the soul of the world’s greatest cities.
About V&A Waterfront
The V&A Waterfront is an iconic mixed-use destination located in the oldest working harbour in the Southern Hemisphere. With Table Mountain as its backdrop, the 123-hectare neighbourhood sits within the beautiful city of Cape Town, welcoming millions of people from all over the continent and the rest of the world. The V&A Waterfront is a symbol of heritage and diversity, where people from all walks of life can play, live, shop, dine and work while immersed in the vibrant spirit and authentic local culture that thrives in this bustling ecosystem. It sees its role on the continent to be a platform that facilitates and champions art and design, to support entrepreneurship and innovation, lead the charge on sustainability, and drive positive social and economic change. By prioritising people and the planet, the V&A is an example of how working with communities, respecting the environment and operating with passion and integrity is a better, more productive and kinder way of doing business. Developed in 1988 by the state-owned transport corporation, Transnet Limited, the V&A Waterfront is now jointly owned by Growthpoint Properties Limited, South Africa’s largest listed property group by market capitalisation, and the Government Employees Pension Fund (GEPF). The GEPF is represented on its board by the Public Investment Corporation Limited (PIC).