The 100-hectare Westown Precinct in KwaZulu-Natal is making progress, with less than a year to the launch of the precinct’s 50,000 sqm mall. <\/p>\n\n\n\n
Touted as the “New City of the West,” Westown is positioned off the N3 between Pietermaritzburg and Durban and is set to be akin to Midrand in Gauteng. <\/p>\n\n\n\n
The precinct forms part of the wider R30 billion Shongweni Urban Development project.<\/p>\n\n\n\n
Westown Square, the first phase of development, is set to launch on 27 March 2025. <\/p>\n\n\n\n
\u201cWestown is the single biggest infrastructure investment by the municipality since the Soccer World Cup in 2010,\u201d said Carlos Correia, CEO of Fundamentum Property Group, <\/p>\n\n\n\n
\u201cAnd brings significant socio-economic value to the Outer West region of eThekweni, which has been under-served for so many years.\u201d<\/p>\n\n\n\n
The eThekwini Municipality is investing roughly R600 million to support bulk infrastructure (roads, water, wastewater and electricity).<\/p>\n\n\n\n
Westown is set to generate an estimated R15 billion in investment over the next 10 to 15 years, with over R3.5 billion already committed and being invested. <\/p>\n\n\n\n
Fundamentum is overseeing the development work via contractors Stefanutti Stocks and is also investing millions into bulk and precinct infrastructure.<\/p>\n\n\n\n
\u201cR1,4 billion of private sector investment has been triggered through the investment by Fundamentum with\u00a0Absa Commercial and Investment Bank\u2019s (Absa)\u00a0backing in the 50,000 sqm Westown Square retail experience,” said Correia.<\/p>\n\n\n\n
JSE-listed Balwin Properties is also investing a further R2 billion in value with the residential development Shongweni Eco Park. <\/p>\n\n\n\n
The 1,260-apartment Shongweni Eco-Park lifestyle estate will comprise 20 phases, built over the next few years, and include amenities such as a fully equipped Training Science Gym, children\u2019s play area, swimming pool, and concierge service. <\/p>\n\n\n\n
A range of garden apartments are set to be on offer, with prices ranging between R899,900 and R2,099,900, with the new development set to launch on the market later this year. <\/p>\n\n\n\n
On top of the mall and lifestyle estate, Westown will also host several other sectors, such as logistics, healthcare, warehousing, commercial and tourism opportunities. <\/p>\n\n\n\n
Since the start of development in November 2022, the initial phase of 60% of the initial phase of development, including Westown Square and the upgrade of the roadworks around the precinct, have already been completed. <\/p>\n\n\n\n
Landscaping and construction of the parking areas within Westown Square, as well as the bulk water man and treatment works, are currently underway. <\/p>\n\n\n\n
The latest construction images and renderings of the Westown Precinct can be found below: <\/p>\n\n\n\n