Date post: | 18-Dec-2014 |
Category: |
Business |
Upload: | durban-chamber-of-commerce-and-industry |
View: | 92 times |
Download: | 0 times |
Tongaat Hulett
“Value Creation for all stakeholders through an all-inclusive approach to
growth and development”
DURBAN INVESTMENT AND BUSINESS ROADSHOW
2014
1
Agenda
• TH Overview
• Strategic Planning on Portfolio Basis
• Key Business Themes
• Case Studies
• Cornubia Integrated Human Settlement project
• Sibaya
• uShukela
• Bridge City
• Concluding Comments
3
TH Overview
• JSE-listed (TON) with a R22bn Market Cap and a staff complement of 42,000;
• Agriculture and agri-processing, renewable energy and bio-fuels;
• Conversion of agricultural land to urban development land;
• Operations located in 6 countries in the SADC region;
• 20 – year track record & development platform in fastest growing area of KZN;
� Over 1mil sqm of Commercial, 500 ha Industrial platform & 300,000sqm Resort space
• 8,200 developable hectares of prime land available and earmarked for development;
• Aims to accelerate the pace of land conversion, increase momentum and step-up value being unlocked
for all stakeholders.
Strategic Planning: Land and Infrastructure
4
Strategic plan aligned with National, Provincial & City’s long-term framework and economic development plans:
�Provincial Growth and Development Plan
�Local Area Plans and Coastal Management Plans
�Climate Resilience Framework
�Northern Urban Development Corridor Framework & Identified Priority Economic Zones
5
Key Themes
1. Partnerships: eThekwini Municipality and other government spheres/agencies;
2. Integrated Human Settlements: sustainable, integrated, mixed use, mixed income settlements;
3. Urban Growth: growth and consolidation of the Umhlanga Region;
4. Coastal Leisure: tourism, lifestyle & high end residential precincts;
5. Airport Region: commercial, industrial and residential growth and development;
6. Commercial Approach: continuous adoption of innovative commercial approaches.
• Umhlanga fastest-developing and highest-value node in Province;
• Western expansion of Umhlanga region into Cornubia;
• Partnership between TH and eThekwini –collaborative development;
� On SIP 2 corridor and NUDC
� 1,300ha develop
� 24,000 low cost & affordable housing
� 200ha commercial & mixed use bulk
• In excess of R2bn invested to date by City, Tongaat Hulett and private sector developers
• Only 15 ha remaining in Cornubia Industrial Business Estate.
Growth & Consolidation of Umhlanga – Cornubia
6
Cornubia IHS
7
Cornubia IHS
8
9
Cornubia – Commercial Hub
• Harmonious integration of urban development with natural environment;
• Total extent of 750ha of which 350ha is
pristine coastal dune forest
• Well serviced from a road network perspective
• Comprehensive international launch planned in 2014 for;
• 125 ha Development Opportunity in SibayaNode 1 & 5:
� 2,325 residential units
� 620 Hotel rooms
� Over 100,000sqm commercial space
Coastal, Leisure, High-end Residential– Sibaya
10
11
Sibaya - Casino
12
Sibaya Framework
13
Sibaya Nodes 1 & 5
• KSIA and Dube TradePort key economic catalysts & heart of Airport City;
• Aim to establish world class trade & logistics
platform & SEZ;
• DTP and TH own land strategically located in the KSIA Aerotropolis region between 2 seaports and well connected by road and rail infrastructure;
• Collaborative development by the parties to ensure joint delivery of complementary land uses supportive of airport and non-airport related services;
� Flexible zoning to cater for commercial, industrial, mixed use and logistics uses.
Airport region expansion – uShukela
14
15
uShukela & TradeZone
16
uShukela Framework
17
uShukela Framework
• 60ha New town centre and Business Estate in the heart of a strong emerging market
• Development served by first class transport infrastructure;
• Access to economic opportunities & social services for communities;
• Joint venture with eThekwini Municipality;
� Shopping Centre;
� Mixed use retail offices and residential
� Regional Magistrate’s Court;
� Regional Hospital;
� Business Estate (light Industry);
• Ongoing public sector spending on IRPTN;
• New rail line into Bridge City opened in Feb
2014.
• 21ha still available in the town centre
and 5.7 ha in the business estate
Transit Oriented Development – Bridge City
18
19
Bridge City
20
Bridge City
21
Bridge City – Urban Space & Boulevard
Conclusion
The best time to plant a tree was 20 years
ago. The second best time is now.
Chinese Proverb
22
• Commercial Transactions:
Val Purves
Tel: +27 (0) 31 560 1900
Cell: +27 (0) 83 450 4278
Email: [email protected]
• Infrastructure Planning and Funding:
Greg Veerasamy
Tel: +27 (0) 31 560 1900
Cell: +27 (0) 83 270 0709
Email: [email protected]
Website:
www.tongaat.com
www.thdev.co.za
23
Engage with Us