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11
CORNUBIA
PRESENTATION TO DCCI
07 August 2013
2
BACKGROUND
& HISTORY
3
POLLUTING THE NATIONAL AIRTIME
44
Tongaat Hulett = 611ha
(48%)
eThekwini = 659ha (52%)
LAND OWNERSHIP
5
CONTEXT /
FRAMEWORK
PLAN
6
 Based on National Department of
Human Settlement’s Breaking New
Ground initiative (BNG)
 KZN & Ethekwini’s 1st sustainable
integrated human settlement initiative
 Integrated development :
 mixed-income development with
10 000 affordable / middle income
units and 15000 subsidised units
 2.5 mil.m2 of commercial/industrial
bulk
 Full suite of Social Facilities
 Largest phased mega-infrastructure
Greenfields project in the province
 R25 billion total investment
The prime location of the site with Durban
together with the diverse mix of uses
creates an ideal opportunity for the people
within Cornubia and those that surround
this area to access a full set of urban and
economic opportunity
M41
N2
MOUNT EDGECOMBE
PHOENIX
CORNUBIA
OTTAWA
WATERLOO
7
THE OVERALL PLANNING FRAMEWORK
Provides new
framework roads
integrating Cornubia
Establishes Open
Space corridor
systems
Provides for some
25 000 homes
The proposed Retail
Park complements the
mixed use nature of
Cornubia.
WATERLOO
OTTAWA
MOUNT
EDGECOMBE
UMHLANGA
PHOENIX
8
SUBREGIONAL CONTEXT
CORNUBIA
9
9
MOUNT EDGECOMBE
PHOENIX
OTTAWA
WATERLOO
UMHLANGA
RIDGE
R102
10
SOME BASIC FACTS
• 1200 hectares, 450 unuseable, 750ha developable
• Largest land use is open space
• 25 000 residential units (15 000 = low income)
• 3.7 million m2 of combined bulk
• 80ha industrial platform (max 460 800m2 bulk)
• 1.2 million m2 of commercial bulk (offices, retail etc)
• 50ha of mixed use development
• Mix of housing typologies
11
PHASE 1 – CORNUBIA INDUSTRIAL & BUSINESS ESTATE & BNG HOUSING
12
INDUSTRIAL
13
CIBE LOCALITY PLAN
14
CIBE ARTISTS IMPRESSIONS
15
CIBE AERIAL VIEWS
16
PROGRESS TO DATE
• 62/80Ha have been sold
(+R 2 billion investment)
• Servicing and platforming
of the stands well
underway
• R 202 million spent to date
on internal infrastructure
• First warehouse to open
for trading in November
2013
17
RETAIL
18
CORNUBIA RETAIL PARK PRECINCT – LOCALITY PLAN
19
CORNUBIA RETAIL PARK PRECINCT - AERIAL VIEW
20
• The intention is to create a high quality retail precinct and supporting activities
defined by boulevards, landscaping and buildings that define the edges.
•The Plan responds to the prime accessibility and visibility of the emerging corridor
creating a positive interface for Cornubia.
MIXED USE 2
(HIGH INTENSITY- TOWN
CENTRE RELATED USES)
GENERAL
BUSINESS
MIXED USE 1
TOWN CENTRE
GENERAL
BUSINESS
21
• 80 000 m2 VALUE DESTINATION RETAIL
• SINGLE STAND-ALONE END-USER
NATIONAL RETAILER STORES
• VISIBLE FROM M41 & ACCESSIBLE TO
FUTURE BRT ROUTE
22
ARTISTS IMPRESSIONS
23
ARTISTS IMPRESSIONS
24
HOUSING
25
HOUSING
• eThekwini Municipality the developer & implementing
agent;
• Project formed part of eThekwini’s slum clearance
programme.
• 15 000 government subsidised housing over 7 years;
• Funding from National Dept of Human Settlements &
Provincial Dept of Human Settlements, plus USDG;
• HDA provided funding for land acquisition;
• Construction commenced on Phase 1A (pilot) and
access road – 482 units to be complete by end
August 2013;
26
PHASE 1 – PILOT AREA DESIGN
Attached 4m wide Row Housing
Attached 6m wide Row Housing
8m Access Street
3m Pedestrian Lanes
Central Courtyard as focus of
local community identity
6m wide paved street
Larger Park Space
27
PHASE 1B
2 220 units
PHASE 1A
482 units
PHASE 1A & B (APPROVED LAYOUTS)
INDUSTRIAL
28
PHASE 1A – PILOT AREA DESIGN
29
11HA, 482 BNG UNITS
2-STOREY FREEHOLD
PLS APPROVAL
PHASE 1 – PILOT AREA DESIGN
30
PILOT – CENTRAL COURTYARD AREA
31
PILOT – STREET SPACES
32
33
8/12/2013Footer Text 33
Project brings substantial socio-economic benefits to the region
OUTCOMES EM COMM EM HSG T/HULETT SASA TOTAL
TOTAL INVESTMENT
(R) – Services (R8bn) &
Buildings/Land
(R17.8bn)
R5 160 700 R5 209 330 R14 345 220 R1 126 260 R25 839 510
JOBS
- CONSTRUCTION 77 380 78 140 215 180 16 900 387 590
- PERMANENT 10 830 0 25 540 3 460 42 830
RATES – Rm p.a. R56 160 0 R169 930 R11 530 R237 620
VAT (PERMANENT)
Rm
R487 620 0 R917 410 R87 090 R1 492 120
TAX (PERMANENT)
Rm – p.a
- PAYROLL R108 300 R7 350 R285 400 R34 560 R435 600
- COMPANY R348 300 000 0 R683 870 R62 210 R1 094 380
TOTAL ANNUAL
REVENUE TO GOVT
Rm
R1 767 600
+ VAT ONCE
OFF OF R1.5bn
34
PHASE 2
35
35
EIA PHASING
PILOT
36
37
NATIONAL PRIORITY PROJECT &
SUSTAINABLE INTEGRATED HUMAN
SETTLEMENT INITIATIVE

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Cornubia Presentation: Investment and Development Opportunities

  • 4. 44 Tongaat Hulett = 611ha (48%) eThekwini = 659ha (52%) LAND OWNERSHIP
  • 6. 6  Based on National Department of Human Settlement’s Breaking New Ground initiative (BNG)  KZN & Ethekwini’s 1st sustainable integrated human settlement initiative  Integrated development :  mixed-income development with 10 000 affordable / middle income units and 15000 subsidised units  2.5 mil.m2 of commercial/industrial bulk  Full suite of Social Facilities  Largest phased mega-infrastructure Greenfields project in the province  R25 billion total investment The prime location of the site with Durban together with the diverse mix of uses creates an ideal opportunity for the people within Cornubia and those that surround this area to access a full set of urban and economic opportunity M41 N2 MOUNT EDGECOMBE PHOENIX CORNUBIA OTTAWA WATERLOO
  • 7. 7 THE OVERALL PLANNING FRAMEWORK Provides new framework roads integrating Cornubia Establishes Open Space corridor systems Provides for some 25 000 homes The proposed Retail Park complements the mixed use nature of Cornubia. WATERLOO OTTAWA MOUNT EDGECOMBE UMHLANGA PHOENIX
  • 10. 10 SOME BASIC FACTS • 1200 hectares, 450 unuseable, 750ha developable • Largest land use is open space • 25 000 residential units (15 000 = low income) • 3.7 million m2 of combined bulk • 80ha industrial platform (max 460 800m2 bulk) • 1.2 million m2 of commercial bulk (offices, retail etc) • 50ha of mixed use development • Mix of housing typologies
  • 11. 11 PHASE 1 – CORNUBIA INDUSTRIAL & BUSINESS ESTATE & BNG HOUSING
  • 16. 16 PROGRESS TO DATE • 62/80Ha have been sold (+R 2 billion investment) • Servicing and platforming of the stands well underway • R 202 million spent to date on internal infrastructure • First warehouse to open for trading in November 2013
  • 18. 18 CORNUBIA RETAIL PARK PRECINCT – LOCALITY PLAN
  • 19. 19 CORNUBIA RETAIL PARK PRECINCT - AERIAL VIEW
  • 20. 20 • The intention is to create a high quality retail precinct and supporting activities defined by boulevards, landscaping and buildings that define the edges. •The Plan responds to the prime accessibility and visibility of the emerging corridor creating a positive interface for Cornubia. MIXED USE 2 (HIGH INTENSITY- TOWN CENTRE RELATED USES) GENERAL BUSINESS MIXED USE 1 TOWN CENTRE GENERAL BUSINESS
  • 21. 21 • 80 000 m2 VALUE DESTINATION RETAIL • SINGLE STAND-ALONE END-USER NATIONAL RETAILER STORES • VISIBLE FROM M41 & ACCESSIBLE TO FUTURE BRT ROUTE
  • 25. 25 HOUSING • eThekwini Municipality the developer & implementing agent; • Project formed part of eThekwini’s slum clearance programme. • 15 000 government subsidised housing over 7 years; • Funding from National Dept of Human Settlements & Provincial Dept of Human Settlements, plus USDG; • HDA provided funding for land acquisition; • Construction commenced on Phase 1A (pilot) and access road – 482 units to be complete by end August 2013;
  • 26. 26 PHASE 1 – PILOT AREA DESIGN Attached 4m wide Row Housing Attached 6m wide Row Housing 8m Access Street 3m Pedestrian Lanes Central Courtyard as focus of local community identity 6m wide paved street Larger Park Space
  • 27. 27 PHASE 1B 2 220 units PHASE 1A 482 units PHASE 1A & B (APPROVED LAYOUTS) INDUSTRIAL
  • 28. 28 PHASE 1A – PILOT AREA DESIGN
  • 29. 29 11HA, 482 BNG UNITS 2-STOREY FREEHOLD PLS APPROVAL PHASE 1 – PILOT AREA DESIGN
  • 30. 30 PILOT – CENTRAL COURTYARD AREA
  • 32. 32
  • 33. 33 8/12/2013Footer Text 33 Project brings substantial socio-economic benefits to the region OUTCOMES EM COMM EM HSG T/HULETT SASA TOTAL TOTAL INVESTMENT (R) – Services (R8bn) & Buildings/Land (R17.8bn) R5 160 700 R5 209 330 R14 345 220 R1 126 260 R25 839 510 JOBS - CONSTRUCTION 77 380 78 140 215 180 16 900 387 590 - PERMANENT 10 830 0 25 540 3 460 42 830 RATES – Rm p.a. R56 160 0 R169 930 R11 530 R237 620 VAT (PERMANENT) Rm R487 620 0 R917 410 R87 090 R1 492 120 TAX (PERMANENT) Rm – p.a - PAYROLL R108 300 R7 350 R285 400 R34 560 R435 600 - COMPANY R348 300 000 0 R683 870 R62 210 R1 094 380 TOTAL ANNUAL REVENUE TO GOVT Rm R1 767 600 + VAT ONCE OFF OF R1.5bn
  • 36. 36
  • 37. 37 NATIONAL PRIORITY PROJECT & SUSTAINABLE INTEGRATED HUMAN SETTLEMENT INITIATIVE