Real Estate Investor Magazine South Africa May 2013 | Page 48

SMART MOVES
The land is not for sale, however is available
for development based on a long-term land use
arrangement. ACSA will consider development
proposals, which should include security of
tenancy, development skills and financial plans.
Jack van der Merwe, who successfully oversaw
the development of the Gautrain project, has
been appointed to lead the initiative of developing
the Aerotropolis and includes a proposal for the
airport to become a terminal city with air, rail and
road networks fuelling economic development. It
is envisaged to include a commercial component,
hotel, conferences, exhibitions and a residential
component.

ABOVE: The proposed ORTIA Aerotropolis development Picture courtesy of the City of Ekurhuleni
the airport. For this the metro needs a welldeveloped highway system.
Central business districts need an upgrade and
transformation to become investor and tourist
attractions.