Housing in Southern Africa

13 / 68

The developers have been given
the go ahead to break ground
on themulti billion rand Coega
Ridge fully integrated housing estate
between Motherwell and Coega near
Port Elizabeth. The mammoth de-
velopment will address the Eastern
Cape’s housing backlog. JordanMann
Executive Director of Nu-Way, the de-
velopers of Coega Ridge, announced
that the project was on track to break
ground in 2018 with the backing of
the Coega Development Corporation
(CDC).
“This project will alleviate Nelson
Mandela Bay’s housing backlog of 87
000 units by almost half, through the
construction of 40 000 housing units,”
said Mann.
“Not only will Coega Ridge help
to make a substantial dent in the
metro’s housing shortage, but as the
Coega Industrial Development Zone
(IDZ) attracts more and more busi-
nesses, Nu-Way will be able to roll
out housing opportunities in order to
accommodate employees working in
the area.” Mann anticipates providing
various housing typologies across the
residential spectrum.
The catalytic project will provide
5 000 employment opportunities per
month during the construction phase
and the entire project will cost R20
billion. Work is due to commence in
2018. A new waste water treatment
plant has been planned for the Coega
IDZ, adjacent to Nu-Way’s Coega
Ridge development site and is a huge
boost for the housing project.
“The sewer pipeline will run from
Coega toMotherwell and thiswill help
to unlock the greater Coega Ridge
project,” said Mann.
The developer has been working
closely with municipal and provin-
cial stakeholders for several years to
make the project a reality. Nu-Way
Housing Developments was given
the green light to develop the 3 200
hectares of land along the R335 to
Addo by the provincial Department
of Economic Development, Environ-
mental Affairs and Tourism (DEDEAT)
and to proceed with town planning
for the project.
Coega Ridge will include commu-
nity facilities, schools, university,
technical college, hospital, shopping
precincts and a 110 000 m² regional
shopping centre.
“The project’s civil engineers,
Aurecon, are confident that there
are enough services in place to roll
out phase one, which includes 5 000
housing opportunities. However, the
bulk waste water treatment works in
the IDZ will unlock the greater devel-
opment,” said Mann.
Award-winning housing specialist,
Lance del Monte says that this mega
project will certainly address the
housing backlog. ■
Coega Ridge development
News