Rosslyn Hub merges residential, retail and logistics nodes | Everything Property
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Rosslyn Hub merges residential, retail and logistics nodes

Rosslyn Hub in Gauteng

Infrastructure at Tshwane Automotive City and Rosslyn Hub Precinct has been completed, making it a strategic investment in the region’s economic development.

Rosslyn Hub is a 700 000m2 mixed-use development covering 100ha of prime land at the heart of the Tshwane Automotive City (TAC) in Gauteng. It integrates residential, retail and logistics nodes with a regional shopping centre, hotel and conference centre.

The hub forms a part of the Rosslyn development node which is located in Western Rosslyn, City of Tshwane. The TAC is a joint project between the City of Tshwane and the Gauteng Provincial Government, and includes a hospital, and industrial, solar and logististics nodes.

According to the Automotive Industry Development Centre, the TAC will be Africa’s first and largest automotive city. It is expected that R500bn will be invested over a 50-year period with the aim of making the TAC an automotive capital for vehicle manufacture to rival similar concepts in China, Japan and Germany.

The largest part of the TAC is located in Rosslyn, around Nissan, BMW, IVECO and TATA and there is a significant section in Silverton, which includes the TASEZ (Tshwane Automotive Special Economic Zone) around Ford.

Infrastructure projects

The critical infrastructure at Tshwane Automotive City and Rosslyn Hub Precinct has now been completed. Speaking at a ribbon cutting ceremony,  The Deputy Minister of Trade, Industry and Competition, Mr Fikile Majola said Rosslyn Hub’s approved infrastructure projects, facilitated by the Critical Infrastructure Programme, represent a strategic investment in the region’s economic development, industrial growth and job creation.

Additionally, Majola confirmed that this critical infrastructure played a pivotal role in supporting a brand new investment within Rosslyn Hub and the Logistics Node, by YFPO, a French-Chinese company who is a key BMW supplier and one of the largest automotive components suppliers in the world.

As stated, the company currently operates 22 facilities, but this is their first investment outside of mainland China. It is therefore an achievement for the TAC and Rosslyn Hub to secure a R670-milion Greenfield investment from YFPO for a new factory, as the anchor tenant for the logistics node, one of three priority nodes for the TAC.

R42 billion worth of investment

Director of Rosslyn Hub, Mr Brendan Falkson, said the investment value for the three priority nodes in the TAC is expected to attract around R42 billion worth of investment and to create about 59 513 jobs, over of the next 10-15 years. This will result in a significant change in the landscape of Rosslyn and provide the focus for the development of the Tshwane Automotive City, in the region.

He said it was extremely rewarding after 10 years of planning 12 months of construction, to see the realisation of the TAC Master Plan, with such a significant investment, by one of the world’s leading automotive component suppliers, as the anchor tenant for Rosslyn Hub, within the Logistics Node.

To get in touch with the Rosslyn Hub Development Company, e-mail info@rosslynhub.co.za

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