Coega Ridge mixed-use residential development project, South Africa
Name and Location
Coega Ridge mixed-use residential development project, Eastern Cape, South Africa.
Client
Nu-Way Housing.
Project Description
The project involves the construction of 40 000 housing units on 3 200 ha along the R335 to Addo, alleviating Nelson Mandela Bay’s housing backlog of 87 000 units.
Coega Ridge will also include community facilities in addition to schools, a university, a technical college, a hospital and neighbourhood shopping centres, as well as a regional shopping centre spanning up to 110 000 m2.
Also included in the development will be a light industrial area, a railway station, office parks and a sports academy.
An upmarket eco-estate with a golf course and a hotel is also in the pipeline.
Value
R20-billion.
Duration
The project will break ground in 2018 and will be developed over six to ten years.
Latest Developments
Nu-Way has indicated that town planning for the project could be completed by 2017, after which – pending approval from all relevant provincial and local stakeholders – construction on Phase 1 could start.
Project civil engineers company Aurecon has outlined that enough basic infrastructure services are in place to begin the first phase of construction, which will result in about 5 000 housing units being built.
Key Contracts and Suppliers
Aurecon (civil engineers).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Nu-Way media liaison Brian Anthony Hayward, tel +27 41 373 4100 or email brian@briananthony.co.za.
Aurecon, tel +27 12 427 2000, fax +27 86 556 0521 or email tshwane@aurecongroup.com.
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