Heralding new beginnings
A R75 MILLION social housing project with 219 rental units has been launched in Brooklyn, Cape Town.
Drommedaris is a collaboration between the Department of Human Settlements, the Social Housing Foundation, the provincial government, the City of Cape Town, Dutch International Guarantees for Housing (DIGH) and Communicare.
Premier Helen Zille officiated at the symbolic sod-tur ning event, where other dignitaries included ME C f o r H o u s i n g , B o n g i n ko s i Madikizela; Mayor of Cape Town, Dan Plato, and Brian Moholo, MD of The Social Housing Foundation.
The project will be financed through a R28 million restructuring capital grant, R22m from the provincial government as allocated by the City of Cape Town, and a R20m loan funding from DIGH, with Communicare funding the balance of the total project cost from its own equity.
“Alt hough Communicare has been providing affordable housing for the people of the Western Cape for the past 80 years, this is our first true social housing development,” says Communicare chairman Herman Fourie.
“The goal is to provide good quality rental housing in strategic parts of the city and Brooklyn is an ideal location. There are excellent existing transport infrastructure and amenities close by, which include hospitals, schools and libraries, all of which meet the government’s criteria for quality social housing.
“The Brooklyn area has also been identified as part of the city’s
‘This partnership will be delivering the government’s objective of establishing human settlements’
r e g e n e r a t i o n n o d e , a n d D r o mmedaris will play a significant role in this regeneration initiative – reviving the area economically and socially,” says Fourie. “This Public Private Partnership (PPP) will be delivering the government’s object i ve o f e s t a b l i s h i n g i n t e g r a t e d human settlements.”
The development will consist of 92 bachelor flats, 58 one-bedroom and 69 two-bedroom units and is designed for people earning between R1 500 and R7 500 a month.
Recent statistics show that about 20 percent of South African households live in rental accommodation, with most of these being poor and low-income earners. Roughly 55 percent have a monthly income of less than R3 500 and another 22 percent earn between R3 500 and R7 500.
Rentals at Drommedaris will range from about R750 a month to R2 250, depending on the tenant’s earnings and the size and finishes of the unit.
T h e d eve l o p m e n t w i l l a l s o include grassed and play areas.
“There is an estimated backlog of 400 000 houses in the Cape Metropole and this figure is growing each year,” says Fourie.
“The waiting list for Communicare rental stock is over 1 000, so we know only too well the importance of addressing the housing crisis. Drommedaris will be a step on the road to alleviating this shortfall.”
Power Construction started construction in October and the handover of the first completed units is scheduled for November 2010.
The professional team includes: JS Associates (architects); L2K (quantity surveyors); Alwyn Laubscher & Associates (project managers); NWE Consulting Engineers (civil, electrical and structural engineers); NuPlan Africa (town planners); Geomatics Africa (land surveyors); Frontline Health & Safety ( c o n s u l t a n t s ) ; Jo h a n Neet h l i n g Environmental (environmental consultants); and SRK Services (geotechnical engineers).