Herman Mashaba said the mixed-use private sector developments will focus on residential and student accommodation.
"The city expects to realise R20bn in expected investment value, which will soon be visible in the inner-city with 24 developments set to start within six months," Mashaba announced on Wednesday.The mixed-use private sector developments will focus on residential and student accommodation.the total number of properties released to the private sector for mixed-use development is 154 since the the city's inner city revitalisation programme was launched in October 2017.
Though plans are still in the approval phase, it is expected that 1,500 of these will comprise student beds. The properties are in Johannesburg Central, Yeoville, Berea, Vrededorp, Fairview, Salisbury, Marshalltown, Wolhuter, Turffontein and City and Suburban. Mashaba said:"With these developments set to commence soon, 27 developments will be under construction at the same time in the inner city."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Herman Mashaba announces R20bn investment for inner city of Johannesburg'This is just the start of the change we are bringing to the city,' says the mayor.
Read more »
City of Joburg files to sue Lindiwe Sisulu for over R500k in unpaid utility billsSisulu sold the property in 2015, after an unnamed official at the time cancelled the debt, which the City of Joburg and Herman Mashaba are now disputing.
Read more »
Herman Cain withdraws from consideration for Fed seatFour Republican US senators in recent weeks voiced opposition to Trump's expected nomination of Cain
Read more »
ANC in Gauteng denies claims of looting Alex Renewal Project moneyGauteng ANC Head of Elections Lebogang Maile says Herman Mashaba is shifting the blame to the ANC because he has no idea how to govern the City of Johannesburg.
Read more »
Alex residents still want to meet Mashaba as protest suspended for nowFollowing an inter-ministerial meeting in Alexandra, leaders of the Total Shutdown in the township say that their protest is suspended until they get feedback from ministers and they meet with Johannesburg Mayor Herman Mashaba.
Read more »
Protest 'ringleaders' linked to Alex Renewal Project contract: MashabaJohannesburg mayor Herman Mashaba said on Wednesday that “alarming information is coming forward, proving the vested interests of the leaders of the AlexShutDown movement” since he announced a forensic investigation into the ARP.
Read more »
City of Joburg responds to claims over David Tembe’s powers at JMPDEyewitness News earlier reported how disgruntled senior metro officers are also at loggerheads with JMPD, accusing David Tembe of misusing resources.
Read more »
2019 Elections: Joburg mayor’s yet to be presented IDP plan aims to address Alex residents concernsA government task team is set to swoop into Alexandra to address community concerns after recent protests. The City of Johannesburg already has a plan but wasn't allowed to present it on Monday.
Read more »
Dead babies in Joburg hospital’s dirty laundry not the only horror – whistleblowerCharlotte Maxeke Hospital CEO Gladys Bogoshi did not refute the claims, admitting there were serious health concerns for laundry room staff.
Read more »
Joburg's most drunk driver 11 times over legal limit | The StarThe man was found to have the highest alcohol content with a reading of 2.64 milligrams per 1 000 millilitres
Read more »