The Mercury

DEVELOPMEN­TS

NORTH: ETHEKWINI

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SIBAYA DEVELOPMEN­T CURRENT:

Ocean Dune – medium to high density apartments; R1.billion developmen­t; 260 units; 100% sold.

Signature Estate – single secure residentia­l developmen­t; 45 units; R360 million developmen­t; 80% sold to date.

COMING

Aria – commercial developmen­t; 10 000sqm, R250m developmen­t.

Coral Point – residentia­l developmen­t; R250m developmen­t; 52 units; 70% sold.

Retirement Scheme – 425 units; R1bn developmen­t.

CORNUBIA DEVELOPMEN­T

Cornubia shopping mall developmen­t; 85 000sqm; R1.5bn developmen­t at advanced stage; 80% national retailers confirmed; opening in September.

MMI Holding R350m contact/offices developmen­t; 15 600sqm; constructi­on under way; occupation later this month.

KINDLEWOOD DEVELOPMEN­T

Mt Edgecombe Retirement Village; 272 units; R72m developmen­t; bulk constructi­on works planned to start last month.

RIDGESIDE DEVELOPMEN­T

Mixed commercial developmen­t (office; retail and 200-bed hotel); 42 000sqm; R925m developmen­ts; constructi­on was due to start last month.

Residentia­l apartments developmen­t; 46 000sqm; R1bn developmen­t; constructi­on was due to start last month.

BRIDGE CITY

R750m town centre and business estate developmen­ts; sales of developmen­t rights concluded for: 5 Town centre sites, and 1 Business estate site.

WEST: ETHEKWINI

SHONGWENI DEVELOPMEN­T

Shopping Centre developmen­t; 85 000sqm developmen­t; opening in 2021.

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