Friday, March 29, 2024
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HomeTradeInvestAfricaInvest DurbanCommercial opportunities in new economic hub situated along N3 Corridor

Commercial opportunities in new economic hub situated along N3 Corridor

Ntshongweni is a 2 186 ha integrated human settlements, mixed-use development, earmarked to unlock the economic opportunities in Durban's Western region.

Ntshongweni Development

  • Catalytic Project: Category B (projects in preparation)

Project description

  • The proposed development covers a land area of 2 186 hectares
  • New economic hub and act as a regional node which will include uses such as residential (low to high density); business parks; office and retail
  • Strategically located along the N3 Corridor
  • Responds to issues of spatial integration

Socio-economic benefits

  • Investment Value: R28-billion
  • Annual Rates: R400-million
  • Construction Jobs: 270 000
  • Permanent Jobs: 30 000
  • Other Benefits: R20-million annual tax revenue to fiscus

Project status*

  • EIA approved for retail and mixed use precinct
  • Authorisation for the release from Act 70 of 70 for the whole development received
  • Draft PDA/SPLUMA application for rezoning and subdivision have been submitted: currently in circulation

Key issues / challenges*

  • Provision of bulk infrastructure (water, waste water, electricity)
  • Re-classification of Kassier Road by DOT
  • Ensure alignment with spatial intentions of the area
  • Discussions on extension of IRPTN
  • Proposed Landfill site in close proximity to high income development

*As at March 2017

Response and way forward

Initiate engagements with internal departments and external service providers on the development proposal.

Contact / enquire

For the most current update on opportunities, project progress, outstanding actions and investment requirements, contact Invest Durban.

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