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December 2015

Housing

B

rian Ive, a Development Execu-

tive at Tongaat Hulett Develop-

ments, said the wide variety of

opportunities andholistic planning of

both the Bridge City Town Centre and

Business Estate provides for a wide

range of business activities, including

light industrial, medical, legal, com-

mercial, retail and residential.

Bridge City is one of KZN's largest

inter modal transport facilities and

will open up numerous opportunities

across these sectors. It is expected

to be the second busiest transport

interchange in the city, second only

to Berea Road/Warwick Junction.

The first phase of the Go Durban!

integrated rapid public transport

network (IRPTN) is expected to be

completed in 2018, withBridge City as

the meeting point for three bus rapid

transport corridors linking Durban

CBD, Pinetown and Umhlanga. Once

all transport modes are fully opera-

tional, it is expected to service over

100 000 commuters daily.

Ive points out that significant

progress had been made on the first

private development at Bridge City by

independent property development

company, Imabli Props 48. Construc-

tion began in late 2014 and the first

phase is expected to be completed by

December 2015.

Centrally located adjacent to the

shoppingmall, themixeduse 5 500m²

development includes a clinic, Musal-

lah, as well as retail, commercial and

residential spacewith anchor tenants

such as KFC, Lenmed Medical Clinic

and Check Star Supermarket.

Ive said that construction is due

to begin during the first quarter of

2016. So far, half of the sites within

the Bridge City Town Centre (30 ha)

have been sold, whilst there are just

four sites available inBridge City Busi-

ness Estate.

Bridge City mixed use develop-

ment forms part of Effingham Devel-

opment Joint Venture Public Private

Sector Partnership between the

eThekwini Municipality and Tongaat

Hulett.

He explained that Tongaat Hulett

was reinforcing its commitment to

creating meaningful stakeholder

value through the growth and devel-

opment of young entrepreneurs such

as HZ Investments. The R250 million

Phase One of the HZ Empire includes

a petrol station and a six storeymixed

use development.

The design review process is due

to be concluded within the next two

months and all major consultants

have been appointed.

Phase Two will be located on an

adjacent site, the purchase of which is

underway. It is hoped to house a ‘gov-

ernment mall’ - a one stop govern-

ment shop that will include offices of

strategic departments such as Home

Affairs, the Department of Social

Development andmunicipal electric-

ity and water services. Negotiations

are currently underway.

“Through the creation of a gov-

ernment mall, we want to cater for

those who cannot travel far. We want

to provide jobs and are looking at

projects that will have an impact on

the area. We want to see this place

being elevated. That is one of our core

visions,” says Chief Executive of HZ

Investments, Wandile Zulu.

Together with his colleagues

SiyabongaHlengwa, who is joint Chief

Executive, Chairman Bishop Qwabe

and Chief Operating Officer, Robert

Phato, established HZ Investments

in 2013.

Tongaat Hulett Developments also

stepped in to play a mentoring role,

according to Ive. “Although many

other professional developers had

shown an interest in this prime site,

we chose to work closely with HZ

Investments. In the last two years we

have mentored and assisted them in

reaching the position to where they

are now about to see their first de-

velopment. One of our key drivers is

to get local black developers to invest

in Bridge City and we felt that there

was a synergy between the vision of

HZ Investments and that of Tongaat

Hulett Developments.”

Bridge City attracts entrepreneurs

Bridge City, a key link in KwaZulu-Natal’s rapidly developing Northern

Growth Corridor, is attracting entrepreneurs and new entrants into

the property sector.

From left to right: HZ team Siyabonga Hlengwa, Wandile Zulu, Robert Phato, Bishop MM

Qwabe and Brian Ive from Tongaat Hulett Developments.