KwaZulu-Natal’s has approved the Clairwood Logistics Park following the amended Environmental Impact Report by Capital Property Fund, which has since merged with Fortress Income Fund.
The MEC for Economic Development, Tourism and Environmental Affairs gave the go ahead after his department found that the development conformed to stringent regulations and had dealt with issues raised at an appeal.
The Clairwood Logistics Park will be built on the site of Clairwood Racecourse and construction will begin within the first quarter of 2016.
There will be approximately 350,000m2 of warehousing with the rest of the site taken up by paved yards servicing the facilities and an eight hectare wetland.
Nico Prinsloo, Fortress Income Fund’s Development Manager said: “The Clairwood Logistics Park will not only meet growing demand for A grade logistics and distribution facilities in the south of Durban, but also improve the livelihoods of surrounding communities through job creation,”
It is predicted that the facility will create 18,900 jobs during construction with 4600 jobs on completion in December 2020.