Name and Location
Savanna City mixed-use development, Gauteng, South Africa.
Client
Basil Read.
Project Description
Savanna City will be South Africa’s largest privately initiated, mixed-use integrated housing development. The 1 462 ha development will include 18 486 housing units, with a minimum of 60% of the units to comply with government’s ‘Breaking New Ground’ strategy. The development will further include 16 schools, eight churches, nine business and retail facilities, 111 public parks and a 400 ha environmental area.
Value
R24.5-billion.
Duration
Construction is expected to start before the end of this year, and will span ten years.
Latest Developments
Construction group Basil Read and the Housing Impact Fund of South Africa have signed the final approvals for Savanna City.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Basil Read, Davina Piek, tel +27 71 605 7249.