"The city expects to realise R20bn in expected investment value, which will soon be visible in the inner-city with 24 developments set to start within six months," Mashaba announced on Wednesday.The mixed-use private sector developments will focus on residential and student accommodation.the total number of properties released to the private sector for mixed-use development is 154 since the the city's inner city revitalisation programme was launched in October 2017.
Though plans are still in the approval phase, it is expected that 1,500 of these will comprise student beds. The properties are in Johannesburg Central, Yeoville, Berea, Vrededorp, Fairview, Salisbury, Marshalltown, Wolhuter, Turffontein and City and Suburban. Mashaba said:"With these developments set to commence soon, 27 developments will be under construction at the same time in the inner city."
Source: Education Headlines (educationheadlines.net)
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