{"id":177937,"date":"2017-06-08T17:00:27","date_gmt":"2017-06-08T15:00:27","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=177937"},"modified":"2017-06-08T17:00:27","modified_gmt":"2017-06-08T15:00:27","slug":"umhlangas-growth-surge-continues-with-new-r1-5-billion-development","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/177937\/umhlangas-growth-surge-continues-with-new-r1-5-billion-development\/","title":{"rendered":"Umhlanga’s growth surge continues with new R1.5 billion development"},"content":{"rendered":"

Umhlanga, situated on KwaZulu-Natal’s north coast, continues to experience a surge in development as Eris Property Group is currently developing a R1.5 billion lifestyle and business park in the region.<\/p>\n

The Umgeni Deco & Lifestyle Park was officially launched in November 2016, visioned to be a 90,000 square metre property development of mixed commercial, retail and office space.<\/p>\n

The development will be inside the existing Umgeni Business Park, which is already a prime commercial node in the area.<\/p>\n

Construction on the development kicked off in mid-2017, with building taking place in two phases over the next five years.<\/p>\n

The development is being built by Eris Properties and\u00a0Accessio Group in partnership with Prasa\u00a0and Intersite Asset Investments.<\/p>\n

The new development comes amid the construction of a R600 million mixed-use development called Umhlanga Arch<\/a>.<\/p>\n

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Development Map<\/strong><\/p>\n

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Phase A<\/strong><\/p>\n

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Phase B<\/strong><\/p>\n

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Concept<\/strong><\/p>\n

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