Proposals are invited for the long-term lease and development of a 2.8107Ha site in New Germany for mixed-use purposes. The lease term is set for 45 years, offering a unique opportunity for sustainable urban development.
The Ethekwini Metropolitan Municipality is seeking proposals for the long-term leasing and development of a prime 2.8107Ha site located on Part of Portion 1 of Erf 91 in New Germany. This site, as outlined in SJ Plan No. 4764/7, is designated for mixed-use development, allowing for a combination of residential, commercial, and recreational facilities. The successful bidder will be granted a lease for a period of 45 years, providing a stable foundation for long-term investment and development.
The scope of this tender includes the planning, design, and execution of a mixed-use development that aligns with the municipality's vision for sustainable urban growth. Proposals should demonstrate innovative approaches to land use, environmental sustainability, and community engagement. The project aims to enhance the local economy and provide essential services to the community while adhering to zoning regulations and development standards set forth by the municipality. This is an exceptional opportunity for developers and investors looking to contribute to the vibrant growth of New Germany.
This tender is suitable for real estate developers, urban planners, and construction firms with experience in mixed-use projects. Businesses that specialize in sustainable development practices and community-focused designs are encouraged to apply.
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