SA Affordable Housing September - October 2019 // ISSUE: 78 | Page 31

PROJECT future be established,” says Mhlaba. “In other respects, the mixed-use concept led to including bank-bonded units in addition to 100% government subsidised units.” In this respect it mimics the Cosmo City concept with all the elements that government policy determines constitute a human settlement: schools, shopping malls, health facilities, police stations, a community centre with a hall, parks and recreational areas, a library, a cemetery and several churches. Cosmo City was one of the pioneer mega city projects in South Africa, upon which a number of refinements have been implemented, as seen in Montrose City. “It was an experiment by government to establish the viability of a mixed-use development for which it became the flagship nationally. Montrose is therefore an enhancement – it is never about housing alone, but mixed use for varied income groups, public amenities and spaces, employment opportunities; an integrated transport system. “Building a house is easy – but on its own doesn’t improve living standards. Without local employment opportunities, residents would soon leave. To improve quality of living, the development is an entire package that ticks all the boxes of a sustainable development – jobs, transport and education,” says Mhlaba. The integrated transport model means residents can travel by train as the cheapest form of transport, while every activity they need is provided within the development leaving no excuse to ever go outside the location. Proximity to rail transport, which will extend from Randfontein to Middelvlei Station (within Montrose City Mega Development) and later extend to Carltonville is in itself a drawcard to types of business that are not geographic-specific but simply require access to the cheapest form of transport. The mixed-use model aims to balance different income groups, including 100%-subsidy (incomes of www.saaffordablehousing.co.za A new home built at Montrose Mega City. Delivering a new home. zero to R3 500/month); with social (rental housing); GAP Housing/FLISP homes (combined household income of R3 500 to R15 000/month) through to bonded affordable homes with no government involvement, which cover the spectrum of homes valued from R350 000 through to more than R1-million – such as homes of 90m² with two garages. “The latter segment can find housing anywhere, but are attracted to a mixed-use development due to its integrated nature with everything available on site. This factor can result in financial savings to residents in not having to pay for transport to work, school or clinics, greater security as well as improved quality of life through increased family time. As the Gautrain stations have demonstrated – proximity to a railway station brings tremendous economic growth.” This is how Cosmo developed – once the residential component was established, retail and industrial elements followed. Mhlaba explains that the sequencing and co- ordination of the Montrose City Development Mega Project was planned from the outset so that every activity or phase SEPTEMBER-OCTOBER 2019 29