Thursday 13 February 2014

Namibia: Paragon Investment gets erf rezoning approval

City of Windhoek approved the rezoning of Erf R/7413 on the corner of Rev. Michael Scott and Garten streets from office to business at its council meeting on 30 January 2014. The development of the erf had become the subject of several objections. The municipality said that after “considerable engagement among the parties,” the last objector withdrew his complaint and we will now treat the application as though there are no petitioners.

The land belongs to Paragon Investment Holdings, which now has the green light to proceed if it meets certain conditions before it starts with the development.

Among the conditions are that the company should pay a betterment fee of N$606,900 for the changes that the municipality has to make on the two streets.

It further has to carry out a Traffic Impact Assessment, which will incorporate the envisaged road planning such as the conversion of Garten Street into one-way road.

The proposed development situated at the back of the City of Windhoek Offices is a mixed-use development consisting of retail, office and residential units.

The ground floor of the building will be for retail while it will house offices on the first and second floors and residential units on the remaining floors.

The City of Windhoek says the development is in line with its 1996 structure plan, which divides the City into zones.

The zones, the City says in the minutes of the 30 January 2014 council meeting, will “ease the pressure on redevelopment and rezoning for high population densities and higher intensity of land use”.

“Development of this nature is long overdue particularly in this part of the City and this development will certainly bring about the much needed development in this area.”

In addition, the City says, the development will not have a negative impact on the neighbourhood considering the existing land uses in the area.

The City of Windhoek believes that the rezoning and development have the potential to elevate the area adjacent to Independence and Robert Mugabe Avenues to a “functional business corridor”.

“It could stimulate further development of this neighbourhood in the form of urban renewal and provide the impetus for the many undeveloped erven to follow suite,” the City anticipates.

The local authority also expects that the development will “rejuvenate night life and make Windhoek a 24-hour City”.

The City of Windhoek recommended approval of residential development if the developer provides the required parking bays on-site, thereby removing any need to consider street parking.

“The additional residential units on commercial property create the opportunity to provide much needed accommodation.

“Further advantages are the use of sometimes underutilised infrastructure to its maximum potential, and increase thresholds of public facilities,” the municipality says in the council minutes.

No comments:

Post a Comment