Carnival City Lifestyle Estate residential development project – Phase 1, South Africa


Name of the Project
Carnival City Lifestyle Estate residential development project – Phase 1.
Location
Ekurhuleni, in Gauteng, South Africa.
Project Owner/s
Carnival East Village Property Company, a collaboration between Livres and Sun International.
Project Description
The project will be anchored by the Carnival City Casino complex. The estate will encompass more than 50 ha of secure mixed-use living, and accommodate more than 3 000 new homes, and space and recreation amenities, linked by a network of green walking and cycling trails.
The estate will include an office component, a private school, a park area, a 10 000 m2 neighbourhood market and a village-style retail centre.
Five separate villages are being developed – East Village, West Village, Greenwich Village, Upper Westside and Upper Eastside – each with a distinct product offering ranging from freestanding homes to upmarket apartments.
East Village will be the first phase of the estate, offering 30 affordable residential units, with one- and two-bedroom apartment units – from 39 m2 to 72 m2 – in a series of three-storey apartment blocks.
Buildings will be equipped with solar and generator backup to future-proof the development against interrupted energy supply.
Potential Job Creation
Phase 1 is expected to create about 1 500 jobs, with about 10 000 jobs expected to be created.
Capital Expenditure
R2.5-billion.
Planned Start/End Date
Construction of the first units will begin by April 2024, with the first apartments ready for occupation by December 2024.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Sun International, tel +27 11 780 7000 or email sunshare@suninternational.com.
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