20 INVESTMENT
20 INVESTMENT OPPORTUNITY AIRPORT DEVELOPMENT NODE Building a mini-city around a transit hub. LOCATION: Bloemfontein, Mangaung Metropolitan Municipality PROJECT DESCRIPTION: The Airport Development Node site is a mixed-use development precinct, focused on both office/commercial precincts and residential opportunities. It is located adjacent to the N8 highway that runs between Bloemfontein and Botshabelo. The study area is apportioned on land north and south of the N8. It consists of approximately 700 hectares in extent and is approximately 6.5km to the east of Bloemfontein. Credit: Airlink The Bloemfontein Airport is located directly north across the N8. The node has been categorised into two phases as follows: PHASE 1: This phase focusses on the development of the business node, international conference centre and hotel, regional shopping mall, tertiary facilities, mixed use, commercial stands, medium-to-high density residential apartment blocks with integrated mixed-use stands and townhouses. PHASE 2: The focus is on developing an industry where an industrial node will be established and be integrated with the future cargo terminal of the Bram Fischer International Airport. Phase 2 will also provide mixed-use areas to encourage interest from private developers. An air cargo terminal is planned in the development. Credit: Turkish Airlines Credit: ACSA
21 Airport Development Phase 1 Opportunities Typology Area Units Residential: townhouses 18 Ha 900 units Residential: apartments/flats 64ha 3 500 units Commercial: office 60ha 58 700m² CURRENT STATUS: • Township establishment approved on 18 August 2017 • Bulk engineering infrastructure available: water, sanitation and electricity • Interchange constructed by SANRAL leading into the development PROJECT STAKEHOLDERS: • Mangaung Metropolitan Municipality • Free State Provincial Government • National Human Settlements Department • South African National Roads Agency Limited (SANRAL) • Airports Company South Africa (ACSA) • Private sector investors and developers Commercial: retail 7ha 192 400m² Hotel and hospitality 11ha 167 300m² Mixed use 39ha 382 900m² Public services/public benefit 202ha N/A Other 208ha N/A Vacant 0ha N/A Projected development total: 610ha ISSUES TO BE RESOLVED: • Capital injection is needed for the provision of reticulation and link infrastructure • Investments required into the programme • Inadequate marketing of the development area • Any unblocking matters to be resolved as investors identify specific opportunity INTERVENTIONS: • Municipal land secured • Concept plan and urban designs are completed and approved • Civil and electricity works for bulk infrastructure completed • EIA approved • The diagrams and general plan are approved • Land rezoned PROJECT DEVELOPMENT COST: R 10.3-billion JOB OPPORTUNITIES: Possible 11 000 direct and indirect job opportunities A typical high-density housing project. Credit: Calgro M3
