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NEW
DEVELOPMENTS ON THE HORIZEN FOR MATLOSANA
A Developers Conference was held at the Cedarpark Conference
Center in Woodmead, Johannesburg on Thursday 25 February 2010 to
introduce the Matlosana Estates development project on the
N12-West to developers and financial institutions.
The conference was hosted by National Route 12 Capital
Developments (Pty) Ltd, generally known as N12 Developments who
are the principal developers of Matlosana Estates. The
conference was attended by four Councilors of City of Matlosana,
various property developers, representatives of financial
institutions and the shareholders and directors of N12
Developments.
Councilor Marumole presented a message on behalf of City of
Matlosana. The Council identified the N12-West as a priority
development area in order to stimulate local economic
development opportunities and job creation as well as to
stimulate housing development to address backlogs.
The unused City of Matlosana land in the area was identified as
the vehicle and was made available to N12 Developments following
a tender process. A land development agreement was concluded
between the City of Matlosana and N12 Developments and all the
legal procedures have now been completed and the formal
approvals for the development obtained.
The presentation on the development was made by Anton Boshoff
and Charl Grobbelaar who are both directors of N12 Developments
and Pottie Potgieter who is the development manager of the
project.
Matlosana Estates will be situated on over 500 hectare of land
situated on both sides of the N12 west wedged between Meirings
Park and Uraniaville in the east and Jouberton and Alabama in
the West. It will be an integrated residential development with
ample allowance for related amenities, including social and
business stands based on the Breaking New Ground (BNG)
principles.
The development will have full levels of municipal services and
the residential development is aimed at the affordable to lower
middle market.
The development will be phased over approximately ten years and
will comprise of more than 7500 residential units and 26 stands
zoned for business and mixed use. Ample space will be allowed
for schools, churches and public open areas.
N 12 Developments plan to kick off the development later in 2010
by making land with services available for approximately 700
residential units and 10 hectare of retail land along the N12
west to various developers that would in turn construct the
buildings on the stands.
Good interest was shown at the Conference by interested
developers and N12 Developments plans to sign the first off-take
agreements with developers soon.
Residents of Klerksdorp are likely to see the first construction
activities related to services later in this year. The
development is good news for the residents of Klerksdorp.
This excellent initiative by the City of Matlosana will provide
a much needed injection into the local economy and at the same
time many residents will benefit by having much better access to
housing and related amenities.
Photo Right:
From left to right: Cllr. A. Marumole (MMC Corporate Services),
Cllr. Moleme (MMC Public Safety), Mzi Mbakaca (Maxim Planning
Solutions - Executive Chairman), Ronelle Booysen (Maxim Planning
Solutions - Town Planner), Cllr. Sebuasengwe (MMC Finance),
Charl Grobbelaar (Director N12 Developments - Maxim Planning
Solutions), Pottie Potgieter (Development Manager - N12
Developments), Anton Boshoff (Director N12 Developments - Bigen
Africa) |
