Lufhereng Mixed-Housing Development

Discover the Visionary Lufhereng Mixed Housing Development Project: Uplifting Communities, Empowering Futures

CRI conducted a meticulous Cost Benefit Analysis (CBA) using state-of-the-art Integrated Investment Appraisal (IIA) methodology. The Lufhereng Mixed-Housing Development is an ambitious project aimed at uplifting communities and empowering futures in Johannesburg, South Africa. The project aims to address the urban housing backlog by delivering over 24,000 mixed-type dwelling units on state-owned land in Gauteng, fostering a diverse and inclusive mixed-income housing community.

Apart from housing, the Lufhereng project includes a comprehensive expansion of the city's bulk and link infrastructure, focusing on roads, water reservoirs, sewers, and electrical links. This will create a modern, interconnected urban landscape that stands as a testament to progress. Additionally, the project envisions the development of core communal non-residential facilities such as schools, hospitals, parks, and more, nurturing a thriving and self-sustaining community.

The in-depth analysis conducted by CRI covered financial and economic impacts, stakeholder considerations, and risk assessment, ensuring the project's robustness. The results were presented to the esteemed project sponsors and the visionary Infrastructure Fund team at the Development Bank of Southern Africa (DBSA), facilitating a holistic evaluation of the project's outcomes and its far-reaching impacts on the targeted communities.