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Lanseria 'Takes Off' with Carbon-Neutral Mega Smart City

Category Johannesburg: Newsletter News

Situated North-West of Johannesburg with easy access to Sandton, Midrand, and Fourways, Lanseria is set to be transformed into one of Gauteng's first smart cities. The area boasts prime real estate and huge expansion potential, with development of the Lanseria Airport City Mega Project being the focal point over the next decade.

A joint project between the Investment and Infrastructure Office in the Presidency and the Gauteng- and North West provincial governments, the project will include a business gateway, a "three tower" precinct and a corporate estate. In addition to new Gautrain routes connecting to Joburg CBD and OR Tambo International, state-of-the-art, multi-use smart facilities will stretch from Lanseria in Gauteng to Hartbeespoort Dam in North West.

Based on reports by MyBroadband, the Lanseria smart city will be designed to provide a mixed-use residential development and business district. Between 350,000 and 500,000 people will be able to call the smart city home within the next decade, enjoying 5G-ready- and green infrastructure, alongside commercial and corporate facilities. In addition, the city also aims to be an ICT-, training-, and research centre complete with tourism and leisure attractions.

With additional investment in road- and freight infrastructure development, the Lanseria Airport City Mega City is set to become a manufacturing, logistics, and business hub. Significant development over the past decade at Lanseria airport (HLA) - initially an executive airstrip for corporate travellers and now hosts flights to Cape Town, Port Elizabeth and Durban on a daily basis - has seen a marked increase in industrial activity in the area in recent years.

A significant industrial property development, ahead of its time and harnessing the strategic opportunity offered by the future development in the Lanseria Airport City Mega Project, is the Lanseria Corporate Estate. This newly built corporate estate covers 90 hectares, borders the airport and overlooks the Cradle of Humankind - making it a desired and sought-after industrial address. Notably the first green industrial park in Africa, offering an attractive landscape throughout, while being environmentally sustainable and eco-sensitive, the Lanseria Corporate Estate offers state-of-the-art security and ease of access to main routes.

Its close proximity to the country's economic epicentre and the planned mega smart city development, sets Lanseria on the path to being a noteworthy and desired industrial and entrepreneurial node, with the planned multipurpose residential development affording residents true work-life balance with less time spent commuting.

Contact our Lanseria area specialist, Sheldon, to secure your future-forward investment in Lanseria Corporate Estate, or browse our listings here.

Author: API Property Group

Submitted 09 Feb 21 / Views 1606