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Malibongwe Ridge mixed-use development project, South Africa

4th September 2020

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Malibongwe Ridge mixed-use development project.

Location
The project is located adjacent to the Cosmo City development, north-west of Johannesburg’s central business district, in Gauteng, South Africa.

Project Owner/s
City of Johannesburg and the Gauteng Department of Human Settlements.

Project Description
The project is a Sustainable Infrastructure Development System, or SIDS, project proposed by the South African government.

The project involves the construction of an affordable housing project that will provide housing for more than 5 500 families in a sustainable mixed-use, integrated environment.

The planned housing options include 1 324 full-title and fully subsidised units, with 2186 backyard rental units, 646 finance-linked individual subsidy programme units, as well as 464 bonded and 894 social housing opportunities. The approach towards the backyard units aims to formalise backyard rentals in the area by building two rental rooms per subsidy unit.

The development will include other amenities and facilities, such as churches, clinics, open parks and schools, as well as commercial and retail opportunities, in accordance with government’s Breaking New Ground strategy.

Potential Job Creation
According to the Presidency, the project will create about 6 400 jobs during construction.

Capital Expenditure
R2.55-billion.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

Contact Details for Project Information
City of Johannesburg, tel +27 860 562 874.

 

Edited by Creamer Media Reporter

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