Cornubia (Mixed Use Development)
- Location: eThekwini Metro
- Economic sector: Property development (Industrial, Residential, Retail and Commercial)
Brief project description
- Cornubia is a strategically located development in the northern corridor of Durban, approximately 17 kilometres from the CBD and 7 kilometres south of King Shaka International Airport along the N2 highway.
- The project is jointly spearheaded through a partnership between eThekwini Municipality and Tongaat Hulett Developments. The aim is to develop a ‘mixed use urban settlement’ comprising a range of complementary uses.
- Already under development with significant investment, this forward-thinking, all-inclusive urban node is a place where business, lifestyle and retail activities thrive.
- Cornubia is a 1300 ha mixed-use mixed-income development, incorporating industrial, commercial, residential and open space uses.
- It includes the provision of social facilities to service the residential neighbourhoods.
Total investment value: R25-billion ($1.7-billion)
Job creation
- 15 000 temporary jobs and
- 20 000 permanent jobs to be created by the project.
Project status
- Phase 1: Housing complete except for social facilities currently under construction.
- Phase 2: Some commercial and retail developments have been completed.
- Housing for Phase 2 currently in planning phase.
- National and Provincial Departments of Human Settlements to make firm commitment towards provision of housing subsidies.
- Provincial Department of Education to align the development of schools with the housing roll-out.
Project finance
- Private Developer
- Tongaat Hulett Development
- eThekwini Metro
Project partnerships
- National Department of Human Settlements
- KwaZulu-Natal Department of Human Settlements
- eThekwini Metro
- Tongaat Hulett Development
- KwaZulu-Natal Department of Education
Contact the team
To enquire about opportunities in this project, kindly contact the team here:
(please use the word Cornubia in the subject line)
