The first phase of the US 7.25bn Modderfontein city construction project located in North-Eastern Johannesburg has finally begun. According to the property developers Shangai Zendai, several electrical substations have already been erected, while at the same time the first phase of road extension is being worked on.
The spokesperson for Shangai Zendai Ann Sun said that the road extension will involve expansion of the Centenary Road from R25 to the K113 Northern provincial road.
The design phase for the residential development is also being worked on and would be launched to the public in the first half of 2015.
Upon full completion, the Modderfontein development project is expected to be able to accommodate 100 000 residents and different businesses which will ensure that 200 000 get employment.
The development is located 7 km from Sandton, and has a floor area of 12 million m2. It is also 20km from the original city center in Johannesburg. Its location is also effective due to the fact that it’s near transport stations such as the OR Tambo International Airport and Gautrain Station with links to financial hubs.
According to the Chairperson and Founder of Shanghai Zendai Zikhang Dai, in the next three years, the company will use US 0.26m to create a great city. The Modderfontein city development project will be based on ideals of access to information technology and cost-effective integrated public transport system according to earlier reports.