CORNUBIA GROWING BOLDLY - Tongaat Hulett Developments
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Already under development with significant investment, this forward-thinking, all-inclusive urban node is a place where business, lifestyle and retail activities thrive. A fully-integrated concept of mixed-use and mixed- income, Cornubia has emerged as a highly sought-after residential and business hub that has enjoyed rapid uptake. Close to Durban, uMhlanga and King Shaka International Airport, and with strategic transport infrastructure, this is a development of the future.
The intent is to create a modern African town that offers a host of PIONEERING complementary uses, which augment the range of services and amenities found in the broader uMhlanga Ridge area. Cornubia is transforming the physical and socio-economic landscape of the province. It is expected to create 285 000 permanent jobs over the long term, contributing R50,4 billion to the national economy; 2 percent of the country’s GDP. It will also contribute R9,4 billion to both the local and provincial economies’ GDPs. Area: 1 300 hectares in total 25 000 residential opportunities 3 700 000m² combined bulk 2 000 000m² commercial bulk INVESTMENT 820 000m² industrial bulk
This bold, catalytic development is pioneering the concept of DESTINATION incorporating industrial, commercial, residential and open space usage in South Africa. The 1 300 hectare project is strategically located to the north of Durban, adjacent to Mount Edgecombe, Gateway Theatre of Shopping and uMhlanga Ridge, and is only seven kilometres from King Shaka International Airport. Within the heart of the Northern Urban Development Corridor, Cornubia has been designed in line with uMhlanga property principles. The development is especially well- suited to meet the exceptional demand for well-positioned and serviced commercial, residential and industrial land in Durban and its environs. Cornubia’s Town Centre is situated along the GO!Durban route (Durban’s Integrated Rapid Public Transport Network), and will be designed to accommodate a cross-section of transport types from vehicular to non- motorised transport, as well as pedestrians. The route will travel along the Cornubia Boulevard with direct access to uMhlanga Town Centre via a new bridge over the N2. Cornubia also provides an efficient and effective platform for companies to rapidly and seamlessly access global markets, being just a 15-minute drive from King Shaka International Airport and Dube TradePort. This development enjoys direct access to uMhlanga Ridge and Bridge City via the M41 arterial roads and the N2 highway, as well as being 20 minutes from the Durban City Centre and the port of Durban. OF CALIBRE
Residential opportunities within Cornubia: • A total investment of approximately 25 000 residential opportunities available R1billion of which: • Construction scheduled for completion by • 15 000 will be sold to government to deliver end 2018 subsidised housing in higher densities • Cornubia Industrial and Business Estate - 2 200 constructed and occupied (already operating) • Affordable housing opportunities of • ID Logistics R500 000 - R800 000 for a completed unit in • Bidvest Food Services different typologies • Digistics • uMhlanga Hills - 2 100 homes • Blindsmart • Blackburn Extension - 1 700 homes • Sylko • Marshall Dam - 1 100 homes • Candy Toys • Mid-market housing to be modelled on • Cargo Compass Gateway and surrounds • Hirt & Carter (under construction) • Cornubia Town Centre - 3 000 high- density, mid-market apartments already zoned With its integrated transport network, extensive • Marshall Dam Commercial - 2100 still facilities, excellent retail footprint, hotels, to be zoned healthcare facilities and educational institutions, Cornubia’s commercial potential is perfect for Commercial developments within Cornubia: businesses with large staff complements, such • Cornubia Regional Shopping Mall as business process outsourcing operations and • 85 000m² other labour-intensive enterprises. For lifestyle, • R1,6 billion investment retail and mixed-use ventures, Cornubia Town • 80 percent let Centre’s creation is set to follow sustainable • MMI Holdings Offices design principles. This gives rise to exceptional standards of quality and appealing aesthetics, • 15 600m² making it the ideal location for investment • N2 Business Estate and development. • 137 000m² Cornubia Ridge Logistics Park
LEGEND AVAILABLE SITES INDUSTRIAL AND BUSINESS ESTATE WATERLOO Affordable Housing MARSHALL DAM RESIDENTIAL SASSA PHOENIX MARSHALL DAM COMMERCIAL SASA CITY-OWNED FUTURE DEVELOPMENT City Housing Commercial M41 BUSINESS HUB Commercial UMHLANGA HILLS Affordable Housing CORNUBIA Education MT EDGECOMBE MALL Retirement OHLANGA RIVER BLACKBURN EXTENSION N2 BUSINESS ESTATE Affordable Housing TOWN CENTRE Logistics Mixed-use Retail N2 CORNUBIA MT EDGECOMBE N2 INTERCHANGE IZINGA N2 INTERCHANGE UMHLANGA RIDGE TOWN CENTRE SIBAYA DRIVE
To take advantage of this exceptional investment opportunity and for comprehensive site information, please contact Tongaat Hulett Developments: YOUR PROPERTY Trenley Tilbrook Soo Meyer DEVELOPMENT PARTNER trenley.tilbrook@tongaat.com soo.meyer@tongaat.com 082 496 2169 083 310 2206 WWW.THDEV.CO.ZA WWW.CORNUBIA.CO.ZA
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