Proposals are invited for the long-term leasing and redevelopment of Erf 12281 in Durban, covering 853m² for a period of 45 years. This opportunity is ideal for developers and investors looking to enhance urban infrastructure.
The Ethekwini Metropolitan Municipality is seeking proposals for the long-term leasing and redevelopment of Erf 12281, located at 150 O.R. Tambo Parade, Durban. This site, measuring 853m², presents a unique opportunity for developers to engage in a significant urban redevelopment project aimed at revitalizing the area. The successful bidder will be expected to not only lease the property but also to conceptualize and execute a redevelopment plan that aligns with municipal goals and community needs.
The tender is open for a period of 45 years, providing a stable and long-term investment opportunity. Proposals should include detailed plans for the redevelopment, addressing aspects such as architectural design, environmental sustainability, and community integration. Bidders must demonstrate experience in similar projects and provide a clear financial plan that outlines the viability of the proposed redevelopment. This initiative aims to enhance the economic landscape of Durban while contributing to the city's urban renewal efforts.
This tender is suitable for real estate developers, urban planners, and construction firms with experience in large-scale redevelopment projects. Businesses that specialize in sustainable design and community-focused development are particularly encouraged to apply.
•••••• •••• ••••••• ••••• •••••• •••••• •••••• ••••.
Get full access to this tender, including documents, location, and contact details.