PROPERTYWHEEL / 11 SEPTEMBER 2018 - 12.03 / STAFF REPORTER
Civil construction on the Ntshongweni Urban Development has been approved to start in early 2019. The 2000-hectare project is the next logical urban precinct expected to unlock significant economic activity for Durban’s largely under serviced outer west sub-region.
The development is set to provide a framework for environmentally sustainable, community-centric and inclusive urbanisation. Tongaat Hullet is responsible for the overall development vision and the concept framework plan which aligns with the public sector policy, plans and objectives. This extends to the creation of compelling and tailored real estate solutions for developers, investors, future residents and end users within the Ntshongweni Urban Development.
Once completed, the site will provide critical spatial, social and economic linkages to the existing surround communities including KwaNdengezi and Dassenhoek (to the south), Summerveld (to the west), Assagay and Hillcrest (to the north).
The retail and urban core development will be the first phase of the multiple phased development which will anchor the site as a mixed use, urban precinct centered around a new regional retailing offering, followed by a variety of other uses including residential, logistics, recreational, warehousing and leisure components.
The design will make substantial provision for the development’s ecological well being as well as responding to the needs to the people who use it.
Tongaat Hulett Developments Managing Director, Michael Deighton comments:
“All development rights for the Retail and Urban Core are in place and we officially have the go ahead to break ground in the first quarter of 2019.”
Commencing alongside essential road upgrades to Kassier Road, the first phase of construction in the retail and urban precinct will ultimately generate 19 000 construction jobs. Deighton elaborates:
“The road upgrades are necessary to accommodate future growth, paving the way for this new precinct.”
“The N3 corridor is currently the country’s busiest transport route and will be upgraded in line with the aim of improving the country’s logistics and transport links. Linking into this important strategic corridor, the people-centred Ntshongweni Urban Development will create a benchmark for the way in which new, integrated, inclusive South African urban precincts are developed. From urban planning through to the residential, retail, commercial, recreational, logistics and light industrial activities, the mixed uses of this area are vast.”
Approximately 1 000 hectares of open space is being allocated for passive and active recreational use.
“The area is well known for its outdoor pastimes with a strong horse riding, trail running and cycling community already enjoying the surrounds, and we aim to elevate and enhance these activities for established and new communities to access and enjoy” says Deighton.
Tongaat Hulett Developments will implement their comprehensive iThuba programme to ensure socio-economic benefits are felt where needed most. Bongani Gumede, Tongaat Hulett’s Executive responsible for community, public and private partnerships in execution states that:
“This tried and tested approach will embed social relevance, access to opportunities, localisation of skills, enterprise development and the creation of sustainable inclusive communities in every facet of the development execution.”
Over the 20-year construction period, Ntshongweni is expected to generate 400 000 temporary construction jobs, 35 000 permanent jobs, R700 million in annual rates for the eThekwini Municipality and R5.1 billion in annual tax revenue.
The new urban core will offer residents shopping and leisure opportunities cure
“Capitalising on this area’s beauty, the development will bring much welcomed progress while providing a turn-key solution for unlocking the region’s significant potential and therefore improving the quality of life for the people residing in the area.”
“Despite the current economic downturn, we are fully confident in Ntshongweni’s immense potential to bring more people closer to essential employment opportunities and urban services and amenities while creating a favourable investment climate for investors and developers. These far-reaching socio-economic benefits are why the development is regarded as a catalyst for change in this underserviced semi-rural area” Deighton concludes.
Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER