Projects
Major projects
In a bid to leverage R5 billion private sector investment during the 2008/09 financial year, the following major projects have been implemented in and around the City:
- Jabulani - An amount of R3.5 billion in development has been awarded and contracts have been signed. The development includes the refurbished amphitheatre, parkland, public art, public amenities and the Soweto Theatre, as well as the development of retail, office, industrial and residential space.
- Newtown - The tender for the R900 million development of the Potato Sheds building has been awarded through tender. This modern high-density mixed-use and arts centre includes a 35 000m2 retail centre, as well as a 180-room hotel with a gymnasium and conference facilities, and basement parking.
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Newtown - A tender for the amount of R57 million has been awarded for the development of the Majestic building - a unique mixed-use development comprising retail space and corporate office space.
- Newtown - The tender for the development of Site 6 Newtown for R316 million has been awarded. This is a dynamic mixed-use development featuring a world-class hotel for business and leisure travellers, a conference centre and gym, as well as retail space and basement parking.
- Sandton - The tender for the R4 billion development at the Sandton Gautrain Station (Erf 535) has been awarded. The development of a multi-nodal transport exchange also includes the development of retail, office, hotel and residential space.
The total investment generated is R9.216 billion which is almost twice the targeted private sector investment.
Other major projects in various stages of planning and development include:
- Site 2 Central Place in Newtown – a R52.6 million development incorporating 608 m2 of modern office space, as well as 4 159 m2 of retail space.
- Barra Central Redevelopment - a R100-million public environment upgrade of the Bara Central node into a vibrant high-density mixed-use destination including a new underground 300 car parkade, a new public square with artwork and upgrade of the streets, expected to attract private sector investment of R140 million.
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Diepsloot South Development - An investment of R1.6 billion is expected to yield a commercial development spanning 287 663 m2, including office, retail and industrial space, as well as 6 260 residential units, three primary schools, a secondary school and a community park. - Orlando eKhaya precinct - covering 300ha in Soweto, the project features multiple development sites, including Isango Waterfront Mall; Elangeni Waterfront; Elangeni Events Stage; Orlando Bridge; Orlando Towers; University of Johannesburg Soweto Campus; Katavi Orlando Villages and Joshco - Orlando Hostel Conversion.


