Cornubia: mixed use development in the northern corridor of Durban (Supplied)

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)

Your Name (required)

Your Email (required)

Subject

Your Message