SPM invests to raise city’s sparkle
By Naville Motlhabakwe and Thato Ngoma
Sol Plaatje municipality (SPM) has announced a list of high end projects that it hopes will act as a catalyst to rejuvenate the local economy and kickstart a jobs wave.
SPM Mayor Kagisho Sonyoni and the newly appointed municipal manager Thapelo Matlala announced the grand economic revival plans at at press briefing about a fortnight ago.
* Eris Property Group – R196m – Construct 670+ student accommodation units on land identified at the Oppenheimer Gardens in the Kimberley central business district.
* Alexanderfontein Farm – R50m – Construction of mixed use development which includes the establishment of 123 residential units in Greenpoint and Ronalsdsvlei on a 50 hectare plot around the Kimberley airport precinct.
* Piet Els Family Trust – R60m – Development of 106 erven for mixed use comprising several residential units and a business complex in the MacDougal street area opposite the Gariep hospital.
* Sol Plaatje University – R150m – This is an ongoing development of the south and the central campuses. The next phase includes the commencement of the north campus on Oppenheimer Gardens – This will include construction of the SPU’s Great Hall.
* AfriKhaya Development – R300m – Building of 1056 residential units at Floors township, Kimberley. Construction scheduled for 2023-24.
* Hull Street development- R350m – This is primarily a social housing project – It is ongoing and encompasses the construction of 600 residential units financed by national Government.
* Kutlwano Day Care – R5m – This is a state-of-the-art Day Care centre in Greenpoint, Kimberley – The Airports company is a partner in this investment which was initiated in 2022.
* KRD development – R6bn – (Kimberley Rehabilitation and Development) – An investment of unspecified properties – It is geared at mix use development covering 1100 residential units – It is aimed essentially at revitalising the Kimberley CBD.
* Middle Income Erven – R34m – This projects targets the subdivision and rezoning of 58 residential and business sites in Carters Glen, Kimberley.
* Aquaponic Lease – This is an approved agricultural investment project situated at the Droogfontein Solar farm near Riverton north of the Kimberley CBD.
* Middle Income Development – R53m – This development includes the establishment of 409 unserviced erven across all wards of Kimberley – The project will ensure favourable returns to municipality. The project is divided as follows:
Phomolong 1610.
Moghul 10
Southridge 100
Herlear 11.
Roodepan 100.
Retswelele 29.
* DC Construction Centre – R110m – This is a mixed use residential and business development situated opposite the North Cape Mall along the N12 national route.
* Renewable Energy development – Investment in this project is unquantified. It was recently approved by the Kimberley city council – It is aimed addressing loadshedding – SPM hopes to be the first town to become energy independent away from the Eskom electricity supply.
SPM hopes to rope in significant private sector interest.
* Skilpad Saal lease – This development is by the state pharmaceutical company and includes private sector partners – It is aimed at job creation within the city precincts which incorporate the DeBeers suburb east of the CBD.
* KRD Lease – Frans’ Farm Vooruitsig – This is a development for 4000 residential units on property along the R31 –
The project on the R31 Lease includes approval for a crusher plant on 20 hectare piece of land.
# Old Ottoskopje Development (Ward 8) – R45m – Land acquisition from SPM – to develop mall within precinct of Galeshewe.
The projects are at varying degrees of implementation while the bulk of the developments have recently been approved by the Kimberley city council.
Comments are closed.