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CBD REVITALISATION

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Msunduzi is one of 16 municipalities allowed a UDZ. ... The UDZ will attract new investment and transform a historic and unique central ... – PowerPoint PPT presentation

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Title: CBD REVITALISATION


1
CBD REVITALISATION
CAPITAL CITY OF KWAZULU-NATAL
9 February 2006 Smanga Sethene
2
CBD REVITALISATION
THE CITY OF CHOICE
  • Msunduzi is a municipality in the Midlands of
    Kwazulu- Natal covering an area of 630 km² and a
    population of some 650 000 people.
  • This City is the economic hub of the Midlands
    region, accounting for 90 of the turnover in the
    area. The aluminium, leather and furniture
    industries are its main employers.
  • The City is also the commercial and shopping hub
    of the area with a 40 000m² regional shopping
    centre and a number of supporting local shopping
    centres.
  • The Citys CBD is the primary node in the
    midlands region and its continuing vibrant good
    health is key to job creation in the area.

3
CBD REVITALISATION
THE CITY OF CHOICE
  • The municipality has moved swiftly to improve the
    quality of the CBD and has instituted a programme
    of revitalisation and renewal using the concept
    of the City Improvement Districts (CID) and the
    Urban Development Zone (UDZ).
  • This programme has been formulated through
    partnerships and consultation with the business
    sector and the local community.
  • The nature of the programme includes
  • The establishment of two CIDs.
  • The re-planning and urban design of various areas
    of the CBD.
  • The establishment of an Urban Development Zone.

4
CBD REVITALISATION
THE CITY OF CHOICE
  • ESTABLISHMENT OF TWO CITY IMPROVEMENT DISTRICTS
    (CIDs)
  • In close consultation with the business community
    and land owners, through a series of public
    meetings two CIDs based on the Church Street
    area were established.
  • The Mall CID is bounded by Market Street,
    Pietermaritz Street, Chapel Street and Longmarket
    Street.
  • The Downtown CID includes all properties fronting
    onto Church Street between Garfield and East
    Streets.
  • Both CIDs are on the point of registration by
    the municipality.
  • The municipality has made a total amount of some
    R4,3 million available for planning and
    implementation in the CID areas.

5
CBD REVITALISATION
THE CITY OF CHOICE
CENTRAL MALL CID
DOWNTOWN CID
6
CBD REVITALISATION
THE CITY OF CHOICE
  • As part of the R4,3 million made available by the
    municipality, the following projects are being
    planned and undertaken.
  • Church Street Upgrade (Downtown)
  • Church Street Mall Lanes Area Upgrade
  • Railway Station Area
  • Inner City Residential Strategy
  • Dorpspruit Waterfront

7
CBD REVITALISATION
THE CITY OF CHOICE
URBAN DEVELOPMENT ZONE (UDZ) In terms of the
Income Tax amendment Act, property owners and tax
payers can now write-off the total cost for
refurbishment of existing buildings over a period
of 5 years and the total cost for new buildings
over a period of 17 years. These benefits are
only available in a UDZ. Msunduzi is one of 16
municipalities allowed a UDZ. This area has been
identified and negotiated with the National
Treasury, approved by the Minister of Finance and
published in the Government Gazette last year.
8
URBAN DEVELOPMENT ZONE
THE CITY OF CHOICE
THE UDZ AND ITS CENTRAL AREA PROJECTS
INCLUDING CITY IMPROVEMENT DISTRICTS (CIDs)
DORPSPRUIT WATERFRONT
CENTRAL MALL CID
DOWNTOWN CID
RAILWAY STATION AREA
CHURCH STREET DOWTOWN
CHURCH STREET MALL LANES AREA
9
CBD REVITALISATION
THE CITY OF CHOICE
CONCLUSION The Citys investment in the
revitalisation of the CBD will result in the
re-design and upgrading of the urban
environment. The rates levy for the CIDs will
result in the improved maintenance on the CID
areas. The UDZ will attract new investment and
transform a historic and unique central area into
the vibrant heart of the Midlands region over the
next five years.
10
THANK
YOU
CAPITAL CITY OF KWAZULU-NATAL
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