By the same token, I am wondering, has the pure force of Smith been the tornado that has gentrified Sea Point? From just about everyone I ask, across the gamut from Sea Point locals to social activists to insider officials, I get a slightly different answer. What nobody denies, however, is that Sea Point is rapidly gentrifying, and that the pace of the phenomenon is anchored in a policy that favours unfettered development. “The same fallout happens in Barcelona and some of these other cities that Cape Town wants to emulate. “Obviously, Cape Town is quite cheap for international investors,” says Zuidberg.