Name of the Project
Cornubia mixed-use development.
Location
The project is located within the northern corridor of the KwaZulu-Natal’s commercial hub, Durban, in South Africa.
Project Owner/s
The project is a joint venture between the eThekwini Metro municipality and Tongaat Hulett Development, and has been adopted by Cabinet as a national priority project, bringing in all spheres of government as official partners.
Project Description
Cornubia is the first proposed sustainable and fully integrated human settlement in the KwaZulu-Natal, and has been declared a national priority project and comprises:
- the Cornubia Town Centre (48 ha), which has been zoned as a mixed-use development.
- the Cornubia Retail Park (36 ha) and Cornubia N2 Business Estate (29 ha), which have been zoned as a general business/mixed commercial development.
- the Cornuubia Industrial & Business Estate (80 ha), which has been zoned as an industrial development.
- Umhlanga Hills (65 ha), which has been zoned as a high-density residential development.
- Marshall Dam (12.36 ha), which has been zoned as a residential development.
More than 25 000 new homes will be built, including 10 000 affordable/middle-income units and 15 000 subsidised units. Commercial and industrial buildings comprise the bulk of the property, which consists of 2.5-million square metres.
Potential Job Creation
The development is expected to create 48 000 new sustainable job opportunities over 15 years, and 15 000 during the construction phase.
Capital Expenditure
The project is estimated at R25-billion.
Planned Start/End Date
The project was officially launched in April 2011.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Iyer Urban Design; SMEC (planning, preliminary and detailed design of the bulk infrastructure for all bulk earthworks, road access, stormwater systems, sanitation, irrigation and water supply); Bosch Projects (project management) and Royal HaskoningDHV (specialist bridge engineers).
Contact Details for Project Information
Tongaat Hulett Development, tel +27 32 439 4000 or email property.enquiries@tongaat.com.