This document discusses various real estate development projects and opportunities in KwaZulu-Natal. It outlines developments in areas such as Cornubia, Umhlanga Ridge, La Lucia Ridge, King Shaka International Airport region, and others. It provides details on the status and potential of the developments, which include residential units, commercial and industrial space, and mixed-use zones. The goal is to create value for all stakeholders through partnerships with local authorities and private investors on projects worth billions of rands. Challenges include obtaining environmental approvals and providing bulk infrastructure.

2. VALUE CREATION
FOR ALL STAKEHOLDERS

4. • Own Developments – Izinga, URTC,
Kindlewood and Mount Edgecombe Golf
Estates.
• Partnerships with the Local Authority – River
Horse Valley Business Estate, Bridge City &
Cornubia
• Mega Deals / Transactions – Cornubia Phase
to eThekwini Municipality, Airport Region to
DTP, URTC IHS Residential and Ridgeside P1 & 2
42 ha

6. • 75 ha Site along
Mount Edgecombe
Drive
• EIA and Zoning in
place for the whole
area.
• 46 ha Developable
& 28
Undevelopable /
Active & Passive
Open Spaces
• Gated Residential
development of
different typologies
• Divided into 5
Phases
• Two Phases sold out
and occupied as
well as under
Construction
• Third Phase about
80% sold
• Last two Phases still
to be launched.

8.  Four Phased
Development with a
Gross site extent of
140ha
 Gross Environmental
Sensitive Area of 40
ha
 High Density Mixed
Use Development
with 250 000m2 of
commercial bulk, 3
000 residential units
and 80 000m2 of
mixed use
 Precinct 3 sold out
 Half of Precinct 1
under construction
 Mega Transaction
opportunity in P1 and
P2 (42 ha)
 Additional rights
required in P4
 Estimated Value of
R10bn

9.  Oval sites (URB) remaining in Commercial mixed use (additional rights required)
 BRT Station proposal on Oval Sites – partnership opportunity
 Municipality owned land issue
 Residential - sold out - additional rights required through EIA & PDA
 Estimated Value of development = R10bn

10. Phase 1 of the
overall Cornubia
Dev.
CIBE 67 ha
platform sold in 2
years ( 2 buildings
completed and
occupied
Pilot Phase 1A
=482 Houses now
completed (80%
occupied)
Phase 1B = 2 220
units earthworks
have commenced
SED Framework
currently being
Implemented.

11. Site Extent
approximately 35
ha
170 000 m2 floor
area commercial
85 000m2
purchased by
Investec – for
retail purposes
Earthworks have
commenced on
Investec portion –
opening in
September 2017

13.  Node 1 & 5 – full
environmental
and Planning
Development
Rights
 Opportunities for
Residential and
Resort
development
 125
developable HA
considered for
a Mega
Transaction to
an international
investor
 Node 4 final
stages of EIA =
103
developable HA
for offices, &
Residential

14.  Mega transaction being considered for the balance of the site approx.
85 000m2
 Opportunities for Business Park Uses

16.  Environmental Approval in place as part of Cornubia Phase 1
 PDA Application been submitted for a 15, 8 Ha with 12. 5 HA developable
 1st opportunity for Private Sector housing provision in the Cornubia Area
 Opportunities for a Mega Transaction for middle income housing being considered

17.  Phase 2 of the
overall Cornubia
Development
 Currently in the EIA
stages
 Joint Planning with
ETM
 Expansion of City
Housing and TH
middle income and
market related
houses as well as
Mixed Use
opportunities
 N2 Business Park
demand likely to be
the 1st Phase

18.  Located to the north of Cornubia South, west of N2 & east of Waterloo
 Extension of Cornubia South as part of the Integrated Human Settlement Model
 Major Housing opportunity as well as some Industrial / Business Opportunities
 Still in the EIA Stages and engagements on Framework Planning with eTM

19. Situated in the northern
portion of eThekwini
Municipality, west of the
DTP and KSIA, south of
Tongaat.
Mixed use development
comprising industrial,
residential and future town
centre node as part of
broader Aerotropolis –
major housing opportunity
Development Potential :
200 hectares of industrial
and logistics
20 000m2 commercial
bulk
7500 residential units
300 ha open space
Potential for Mega Deal /
Transaction
Estimated Value of
Investment – R36bn
Current status –
EIA well advanced
stages

21.  Integrated Human
Settlement
Development
opportunity
 Industrial/Business/
Commercial in noise
contour adjacent to
N2
 Wide range of housing
opportunities (5
existing informal
settlements)
 Still in the early EIA
stages

22.  Situated north of
the R614 on the
western edge of
Tongaat
 Range of low to
middle income
housing
opportunities –
approx. 6 000
units
 Still in the early
stages of the
EIA

24.  Situated to the north of
Tongaat on the R102
and inland Ballito – 318
HA Site
 Industrial, mixed used
and office and business
park uses
 Development Potential :-
 60 000m2 of mixed use,
 1 300 000m2 of industrial
 380 000m2 of
office/business park
 97 HA Open Space
 Potential for a Mega
Deal
 Estimated Value of
Investment – R16bn
 Current status –
 Final Stage of EIA
 PDA been submitted

25. OPPORTUNITIES
Alignment of plans with government
spatial planning like the NUDC
Partnerships with government – case
of Cornubia – plan of hope
Aerotropolis opportunities
DEAT Aerotropolis Strategy for the
area between Uhlanga and Balitto as
core
Parnerships with ETM / DCCI/ Growth
Coalition/ DTP and TH
CHALLENGES
Bulk Infrastructure Service Provision
( electricity, Sewer, Roads etc)
Act 70 of 1970 Consent from DAFF
WULA from DWA
ETM resilience planning in the
northern entity investigating the
ecological infrastructure and
biodiversity integrity of the area –
resulted in EIA’s being stopped for
sometime
Environmental issues like wetlands
Service Level Agreements (SLA)
case of KDM