Waterfall City South Africa Megaproject. South Africa's Mega Project.
If you think big, then you know big on the African continent means South Africa is involved. Speaking of big, we've decided to talk about an enormous project. We're talking about the much-publicized Waterfall City project. Waterfall City is a mixed-use mega-development project located halfway between Johannesburg and Pretoria. It is a master-planned, holistically conceived urban enclave created totally from scratch on 2200 hectares of unoccupied ground. This massive city-building project in Waterfall City blends a hyper-modernist emphasis on "smart" growth, cutting-edge technologies, and cutting-edge infrastructure with a New Urbanist emphasis on mixed-use facilities, a human-scale built environment, and pedestrian-friendly districts.
Waterfall City's real estate developers have effectively replaced public authority with private management and control by handling all of the traditional tasks of a municipal administration. Waterfall City is an outstanding embodiment of a privately run municipality that comes within the broad history of company towns, treaty concessions, free ports, and independent city-states, with its private governance structures and "go it alone" ethos. Aside from its vast size and administrative autonomy, Waterfall City stands out for its unique blend of strict religious compliance based on a traditional understanding of Islamic principles with a forward-thinking devotion to private entrepreneurship and consumerist consumerism.
Waterfall City is a sprawling, mixed-use real estate development that brings together business commercial activities, high-end residential components, and leisurely lifestyle amenities in a single location in the heart of Africa's fastest-growing metropolitan region, roughly halfway between Johannesburg central city and Pretoria. Waterfall City, along with other neighboring megaprojects that are either under construction or in the planning phases, provides a whole new direction for city development in metropolitan Africa. This self-contained satellite city symbolizes a new paradigm for city building in the Greater Johannesburg metropolitan region that emerged after apartheid ended. It has been dubbed "the greatest property development in South African history" and the real estate "coup of the century."
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10 июл 2022
