Planing Philosophy and Consensus

Posted On Monday, 25 February 2002 03:01 Published by
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Moreland developments follow the overall philosophy and consensus which was completed in the 1990s by the Tongaat-Hulett Planning Forum, a team of academics, businessmen, social, economic and political researchers who were tasked with creating a vision for the then equivalent of the current Durban Metropolitan Area.

As a result of the Planning Forum's findings, Moreland is guided by two key concepts:

  • To create employment opportunities close to residential areas in order to reduce commuting times.

  • To establish mixed-use activity corridors along transport routes.

Since 1992, Moreland has invested more than R700 million in land and infrastructure while cumulative land sales exceed R726 million. Given an investment multiplier of 3, growth investment potential in the region is approximately R2.2 billion.

To date, industrial and commercial buildings completed in Moreland's developments provide direct, permanent employment for approximately 30 000 people and housing sites for more than 3 400 families have been developed and sold.

The fastest-growing area in Durban, the north has attracted a number of blue chip investors, developers and tenants such as Old Mutual, Deloitte & Touche, Alexander Forbes, PQ-Data, Afrisun KZN, Anglo American Properties and Robertsons.

The proposed relocation of Durban International Airport to La Mercy has received widespread support and will act as a further catalyst to a number of industrial, commercial and tourist opportunities on the North Coast.


Publisher: MORELAND
Source: MORELAND

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