Oct
2013
For years Pretoria North has been lagging behind in terms of development. The north of Pretoria is servicing industrial areas like Rosslyn, Akasia, Soshanguve and as far away as Brits.
Retail shopping and infrastructure it seems was not high on the list until now.
Ward councillor Ben Wannenburg says Pretoria North needs development like the Menlyn hub currently under reconstruction. This is in line with Tshwane Metro's spatial development program. This program by Tshwane is to increase density in the north.
Pretoria North is earmarked for mixed use housing development on vacant land, which is currently owned by public. The intention is to further promote economic growth and social development.
According to Wannenburg the development which started in April 2012, will take place south of Bon Accord dam on 140 ha of land, and will take approximately 10 years to complete.
Wannenburg said the Rainbow Junction development will include residential, office, retail, hospital and recreational space.
Tshwane Rapid Rail Transit system (TRT) is planning a terminal near the Rainbow Junction and will have the same name.
Rosslyn will be developed with more factories and further low cost housing development in Haakdoornboom and improvements to Bon Accord. The Wonderboom airport will receive some upgrades in line with redevelopment in the area in an aim to give the airport an international status, Wannenburg said.
With this, property development infrastructure will need to be upgraded and roads will not be left behind as conditions of the roads in Pretoria North are in some areas in a state of disrepair and neglect.
The development will bring economic growth and self sustaining services to the north. This should also stir further investment to the area which will have a knock-on effect on property value in Pretoria North.
Pretoria will be bursting at the seams and investors will be lining up.
Myroof has properties listed in all the developing areas in Pretoria, waiting for you.
