OVERVIEW OF CORNUBIA
Cornubia is a multi-billion rand integrated human settlement located in an area widely regarded as a superior location adjacent to Umhlanga, north of Durban, which is vigorously pursuing the goal of becoming the most liveable City in Africa by 2030.
Cornubia is a strategic landholding situated within the northern corridor of the region’s commercial hub, Durban. It was officially launched in April 2011 and will cost around R25 Billion upon completion. It is a mixed-use development, comprising of residential, commercial and industrial sites. Cornubia is the first proposed sustainable and fully integrated human settlement in the region and has been declared a national priority project. It will be spread over 1 200 ha, with 80 ha earmarked for industrial development and the remainder for commercial, housing and other social and public facilities that include, schools, clinics, police stations, post offices and multi-purpose halls.
A BOLD DEVELOPMENT
This mixed-income development will see over 25 000 new homes being built. This proposes 10 000 affordable/middle-income units and 15 000 subsidised units. Commercial and industrial buildings make up the bulk of the property which consists of 2.5 million m². Cornubia lies between Durban’s wealthier Mt Edgecombe and Umhlanga areas and lower-income areas north of the city such as Phoenix, Ottawa and Waterloo. It is a convenient 15 kilometres south of King Shaka International airport.
Cornubia is a joint venture between the eThekwini Metro Municipality and Tongaat Hulett Development, and has since been adopted by the Cabinet as a national priority project, bringing in all spheres of government as official partners. The development is expected to create 48 000 new sustainable job opportunities over a period of 15 years, and a further 15 000 during the construction phase.