https://www.engineeringnews.co.za
Construction|Housing|PROJECT|Projects|Services
Construction|Housing|PROJECT|Projects|Services
construction|housing|project|projects|services

Inner-city redevelopment project gets underway in Johannesburg

24th January 2019

By: African News Agency

  

Font size: - +

The city of Johannesburg on Thursday launched a programme to rejuvenate the inner-city with a tour of the first three of 84 buildings targeted for development.

The project is aimed at providing quality low-cost accommodation for residents to address a housing list backlog exceeding 300 000 units, mayor Herman Mashaba said in a statement.

"It is estimated that the city of Johannesburg’s inward migration is set at about 3 000 people per month, which undoubtedly adds greater pressure on us to deliver services efficiently," he said.

"In addition to this, between 80 and 100 buildings will be released this year with a potential of just over 500 buildings that can truly change Johannesburg’s skyline."

Redevelopment of the three properties has been awarded to EGC Properties and Johannesburg Housing Company, which have committed a proposed total investment of just over R204-million. The projects are expected to be completed in the next twelve months - availing 384 units for residents.

"Based on the three proposals for buildings handed over today, these three projects will also create around 900 jobs during construction," Mashaba said.

He urged other developers to submit their tenders by February 28 to be considered for the remaining 81 properties.

Edited by African News Agency

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.089 0.143s - 161pq - 4rq
Subscribe Now