Richards Bay is one of South Africa’s fastest developing cities, with the country’s second biggest harbour and largest coal export facility in the southern hemisphere, stimulating rapid industrial and commercial expansion and in turn driving urban development.
Developed on a scale beyond anything the country has known by leading South African property developer and investor Atterbury, the iconic new Mall of Africa is set to open in less than a month, on 28 April 2016.
A R6.2 billion new Gauteng housing project – the Leratong City integrated nodal development – is set to get under way in Leratong, Mogale City in a joint development by McCormick Property Development, Calgro M3 and Sasuka Logistics Services.
After improving marginally to 42 in 4Q2015, the FNB/BER Civil Confidence Index lost 14 points to register a level of 28 in 1Q2016.
For most in the building sector, a project of the sheer magnitude and complexities of the Menlyn Park Reconfiguration Phase 2 project comes once or twice in their lifetime.
In a bid to attract new businesses to Uitenhage, Bay municipality and Coega are planning expansion of the R287m Nelson Mandela Bay Logistic Park.
Sun City’s four hotels and the entertainment zones are in the process of being revamped in a five-year, R1-billion upgrade which will be complete in 2017.
Access into the Cornubia Industrial and Business Estate (CIBE) has been greatly improved with the opening of MR 458 road-over-rail bridge which leads motorists directly to the main entrance of the estate.
The property and broader built environment sector has an important role to play in Africa’s growth, but it needs to be taken more seriously and prioritised.
Speculation and interest surrounding the nature of the iconic, concrete tower structure situated along the N1 highway near Allandale interchange, have recently peaked.

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