Overview
The Virginia Airport mixed-use development is envisaged to be a high-end residential and luxurious tourism precinct which will include various leisure activities.
The 26.25 hectare of land is owned by eThekwini Municipality and is currently zoned as airport. Between 2012 – 2019, the City resolved to undertake various feasibility studies to investigate alternative and optimal use of the site to advance the economic development aspirations of the City. The studies concluded that the site was no longer suitable to be utilised as an airport (for a variety of reasons).
Current progress
- BAC EOI approval for non-award received – 24/07/2024
- Real Estate to finalize revised hand plan to set aside a portion of land for Metro Police: Search & Rescue Service
- Draft of Section 14.2 MFMA
Next steps
- Drafting of RFP: Aug 2025
- Seek approval in accordance with Section 14 (2): Nov 2025
- Finalise RFP and commence SCM process: Oct to Dec 2025
- Advertise Bid: Jan to July 2026
- Tender Evaluation/SCM approval: Sept 26
- Contract Negotiations: Oct 26
- Developer Appointment: Jan 2027
- Implementation: 2027- 2032
DDM Issues / Challenges
Once the developer is appointed, and depending on the feasibility of their proposal, funding may be required for infrastructure upgrades to support the development.
Project info
- Investor: Private Developer (TBC)
- Investment Value: R10-billion
- Construction Period: 2026 – 2030+ (estimate)
Contact project promoter
Interested parties, kindly contact Invest Durban. Please include a brief introduction to your business or investment objectives via this secure form:
Investment opportunities in Durban
Invest Durban act as a partnership between the Metro City Council and the private business sector, offering a free investor advisory service, plus key promotion, facilitation, aftercare services between all investment stakeholders.
