DEVELOPMENTS
NORTH: ETHEKWINI
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.