The establishment of residential housing project in Phokeng and neighbouring villages is an important component in the creation of a vibrant Trade and Services System.
These housing projects will provide accommodation for hundreds and eventually thousands of low- and middle-income households. This will not only improve the quality of life of area residents and mine workers, but it will also significantly increase economic activity and thus the demand for goods and services in Phokeng. Therefore, the development of these projects is deemed a priority intervention in the short- and medium-term.
It is proposed that integrated housing models be introduced whereby a mix of low-cost housing and rental stock is provided within one development. The residential developments will also include the necessary social facilities, including a crèche, church, clinic, etc, as well as small industrial/retail facilities for local community entrepreneurs to establish small businesses that can serve local needs. These units will be offered as rental space at affordable rates.
Synergies and partnerships
- Royal Bafokeng Enterprise Development
- Local mining companies
- Department of Human Settlements
Benefits
- Housing security
- Job creation during construction
Current status and next steps
- Scoping report undertaken by Bigen Africa has been finalised
- Cliffe Dekker Hofmeyr Real Estate advised on the legal framework for a housing development on communal land
- Various engagements with the local mines on joint possible participation in future housing developments
- Next steps:
- Engaging with developers who can develop and own rental stock
- Engaging with potential funders to determine funding appetite and requirements
- Finalise site allocation
- Professional services