The total development extends over 400 ha and construction of the bulk infrastructure is expected to start by June.
Calgro M3 on Tuesday announced a multi-billion rand housing project in Gauteng that is set to bring estate living, long the preserve of wealthier South Africans, within the reach of lower income earners. A statement from the Johannesburg-based developer said construction would soon start on the R6.2 billion housing project. Yet, unlike most other self-contained estates and housing developments, Leratong City targets previously disadvantaged people and lies in a previously disadvantaged township area. The project in Mogale City will be developed in partnership with McCormick Property Development and Sasuka Logistics Services, a Mogale City-based black-owned and managed property development company. While Leratong City won’t exactly be a lush and leafy estate designed around a golf course, the “very large residential and commercial development project along the new Main Reef Corridor” would be a “trendsetter” in its own right, said Sasuka’s chairman Thamsanqa Mfundisi. “The project is aimed at transforming a disadvantaged former mining area into a more vibrant community where housing, shops, schools and places of work are integrated in a single, mixed-use neighbourhood,” Mfundisi added. Situated across the road from the Leratong Hospital, the first phase will consist of 15 000 residential units, an intermodal transport hub, a government precinct and a 30 000 sq m regional mall.