JSE-listed sugar and property development group Tongaat Hulett expects to attract R30bn in private and public sector investment to its latest mega property project in KwaZulu-Natal - the 2,000ha nTshongweni Urban Development on land straddling the N3 highway, 30km west of Durban. The mixed-use nodal development is set to transform the rolling sugarcane fields that Tongaat Hulett owns at nTshongweni into a fully fledged town centre. Like the successful Gateway-Umhlanga Ridge node, nTshongweni will be "anchored by an urban core", including a regional shopping centre and mixed-use office, residential, hotel and retail developments. About 100ha of the land will be for light industry and logistics. Green open space and lower density residential developments, for the affordable and upper income markets, will make up the bulk of the broader project. Tongaat Hulett anticipates nTshongweni will be home to 20,000 households by the time it is fully developed over the next 20 years. "Ntshongwen...
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