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Riverfields 5 June 2017 Presenter: Dr Lardus Erasmus Tel:

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Presentation on theme: "Riverfields 5 June 2017 Presenter: Dr Lardus Erasmus Tel:"— Presentation transcript:

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2 Riverfields 5 June Presenter: Dr Lardus Erasmus Tel:

3 Contents Location Development vision & framework Delivered to date
Infrastructure investment Project pipeline

4 Perfect positioning at the heart of a global city region
By car R21/ Albertina Sisulu Direct access OR Tambo min Gautrain Rhodesfield 17 min Germiston CBD 27 min Pretoria CBD 26 min Joburg CBD 31 min Sandton CBD 45 min Midrand CBD 25 min On foot Gautrain bus stop (RF1 -14) 6 min Kaalfontein station 22 min Birchleigh station 30 min

5 Flagship mixed-use. development that forms an
Flagship mixed-use development that forms an integral part of the Ekurhuleni Aerotropolis +/- 800ha of development land At the core of the Albertina Sisulu Corridor Est. R2 billion already invested Up to m2 of bulk will eventually be developed with a present net value of R60bn

6 Riverfields Development Framework

7 Riverfields Development Framework

8 A visionary development
The Riverfields Vision “To create a sustainable urban node that facilitates a thriving economy and community.”

9 A visionary development
Development principles Promote intensity and complexity within the development rather than urban sprawl Quality public environments and legibility through investment in landscaping of streets, pedestrian ways, signage, parks, public squares Emphasis on public transport and pedestrian movement, through green routes and nodes on 5-10 minute walks, and integrating the local bus system with the Gautrain and PRASA rail systems Promote a mix of land use patterns within the area in order to integrate retail, industrial, residential and institutional uses Emphasis on a sustainable environment through architecture, stormwater management, renewable energy, preservation of wetlands, greywater possibilities, security management.

10 PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED
Proclaimed land use rights Residential full title stands sectional title units Retail m2 Industrial m2 Offices m2 TIMEFRAME AREA M2 BULK M² RES 1 UNITS RES 3 UNITS ACTUAL RES BUSS 1 BUSS 4 IND SPECIAL RETAIL PROCLAIMED TOWNSHIPS 838 622 1 460 36 651 46 622 PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED EMPLOYMENT SHORT TERM EMPLOYMENT LONG TERM R R 12 308 8 357

11 Plumbago Business Park (JT Ross)

12 Where global brands feel at home

13 Plumbago Business Park (JT Ross)

14 Gleneagle Office Park

15 Gleneagle Estate

16 Robin Ridge (Gleneagle Estate)

17 Road infrastructure invested to date
Monument Road Extension Mulder Road Under Pass to Dann Road (K121) Portion of the R21 Expressway – Serengeti to First Road, Bredell Under Pass – Links Expressway to Plumbago Park and Regional Shopping Centre (Project Excellence Award – Structures and Buildings Winner – 2016) R21 / R23 Intersections Riverfields Boulevard Blaauwklippen Avenue

18 Road infrastructure invested to date
Monument Extension R21/R23 Blaauwklippen Avenue Under Pass Mulder Road R21 Expressway

19 R32 Expressway

20 Infrastructure investment to date
Infrastructure installed to date: Sewer – R ,00 Water – R ,00 Electricity – R ,00 Roads – R ,00 Total – R ,00

21 Infrastructure investment requirements
Road Infrastructure PWV 15 (R21 Highway to N12 Highway ) R21 Expressway (between 1st and 7th Avenue) K155 upgrade Monument Road (4 lanes) Riverfields Boulevard Extension Water and Sanitation Outfall Sewer Line from Pomona to Serengeti Pump Station Bredell Water Tower Electricity New substation & 88KV line

22 Project pipeline (2017 – 2020) Industrial / Commercial townships
Regional Shopping Centre (80 000m2) Neighbourhood Shopping Centre (13 500m2) Community Centre / Sport Precinct / Schools Swallow Hills – Residential Estate Social Housing

23 PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED
Project pipeline (2017 – 2020) TIMEFRAME RES 1 UNITS RES 3 UNITS ACTUAL RES BUSS 1 BUSS 4 IND SPECIAL RETAIL EDUC PROCLAMATION ON 2017 to 2021 170 1 513 1 683 80 000 61 299 73 120 13 500 90 022 PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED EMPLOYMENT SHORT TERM EMPLOYMENT LONG TERM R R 9 656 7 733

24 Industrial / Commercial Townships
Witfontein Ext 77 Witfontein Ext 57

25 Regional Shopping Centre (Riverfields Mall)

26 Neighbourhood Shopping Centre (Harvest Square)

27 Community Centre & School Precinct
Church Schools

28 Swallow Hills

29 Inclusionary housing

30 Infrastructure (2017 – 2020) Road Infrastructure
PWV 15 (R21 Highway to N12 Highway ) R21 Expressway (between 1st and 7th Avenue) Monument Road (4 lanes) Riverfields Boulevard Extension Water and Sanitation Outfall Sewer Line from Pomona to Serengeti Pump Station Bredell Water Tower Electricity New substation

31 PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED
Proposed development (2021 – 2036) TIMEFRAME AREA M2 BULK M² RES 1 UNITS RES 3 UNITS ACTUAL RES BUSS 1 BUSS 4 IND SPECIAL RETAIL PROCLAMATION ON 2021 to 2025 426 667 1 093 13 338 PROCLAMATION ON 2026 to 2030 500 4 730 5 230 55 800 PROCLAMATION ON 2031 to 2036 102 GRAND TOTALS 926 5 499 6 425 55 799 YEARS PROPERTY RATES UNDEVELOPED PROPERTY RATES DEVELOPED EMPLOYMENT SHORT TERM EMPLOYMENT LONG TERM R R 14 496 16 951 R R 33 502 26 443 R R 1 910 4 340 TOTAL R R 49 908 47 734

32 Urban management, sustainability & social investment
Riverfields Management Association Urban Design Guidelines Riverfields Foundation Social Housing

33 Alignment with EMM Capital Investment Framework

34 Come grow with us

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