05 May 2011
The iDube Trade Port and the multi-billion rand Wewe Driefontein mixed-use development is expected to boost the province’s manufacturing and services sector by R48,7-billion in gross value for the local economy.
According to Helena Jacobs, a town and regional planner and consultant on the project, the development would result in real economic growth for the province. The environmental impact assessment started 14 months ago and the zoning process for both developments is underway.
The Wewe Driefontein project is seven kilometres north west of King Shaka airport. It will see about 3 500 houses being built there with at least 600 of these falling into the low-income category.
It falls into the Priority One KZN Provincial Growth and Development Corridor that runs from eThekwini to KwaDukuza. The mixed use development will set aside 150 hectares for light and general industries and services; 30 hectares for the development of an office and business park, storage, warehousing and distribution services.
A further 16 two hectare plots have been allocated to high-intensity agricultural production and about seven hectares is earmarked for commercial and retail shopping centres, recreation facilities and conservation areas.
The Balcombe Portfolio CC currently owns the land and according to Balcombe’s spokesman Pat Conway the project is in line with international airport development trends.
Conwaysays the project is a serious “catalyst for growth” and will ensure long-term sustainability of the airport.
In a separate development, the R20-billion Cornubia housing project is due to start in July this year and will see 1 200 hectares of land being developed. Tongaat Hulett owns 541 hectares of this land and the eThekwini municipality owns 649 hectares.
The project is between Phoenix, Ottaway and Umhlanga about 15 km south of the King Shaka airport. It is aimed at providing affordable and sustainable housing for residents of the city and its environs.
It is a mixed income, mixed use development and is apparently one of the largest joint developments undertaken by a private company and a municipality. About 25 000 houses for about 100 000 people will be provided there.
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Paddy HartdegenFreelance columnist at property24.com.
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