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HomeConstruction and EngineeringWaaihoek Precinct redevelopment seeks investors

Waaihoek Precinct redevelopment seeks investors

Project funding required for the redevelopment of the precinct to unlock the area's significant heritage value and tourism potential.

Waaihoek: Reviving the inner city

Location
  • Waaihoek Precinct is located immediately to the south of Bloemfontein CBD, in the Mangaung Metropolitan Municipality, Free State Province, South Africa.
Developer
  • Mangaung Metropolitan Municipality
Project description

The precinct is near the Bloemfontein CBD and interchange zones. The area’s significant heritage value will unlock tourism potential if it is redeveloped, including:

  • An urban park,
  • restoration of the Old Fort Estate,
  • an amphitheater,
  • pedestrian walkways and links between nodes,
  • hawker trading zone,
  • conversion of old power station into accommodation, galleries and offices.
Project status
  • R20-million spent on planning and designs of Phase 1 (St Georges Bridge)
Image supplied
Stakeholders
  • Mangaung Metropolitan Municipality,
  • Free State Provincial Government,
  • National Government departments,
  • Private Sector
Issues to be resolved
  • Project funding
Interventions
  • Design completed for Phase 1, final precinct plan completed and presented to National Treasury
Project cost
  • R5.7-billion
Job creation
  • 5 000 possible employment opportunities

Investment Enquiry

Interested investors are encouraged to contact the project team. Please include Waaihooek Precinct as reference.


    Feature image source: https://www.flickr.com/photos/south-african-tourism/20511459716/in/photostream/ 

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