Riverfields’ remarkable transformation: a decade of growth
Since 2005, Riverfields has undergone significant urban development, transforming over 375 hectares of land into a vibrant built-up area of approximately 2,161,553 square meters. In this time, we have created over 70,000 long-term, sustainable jobs, proudly contributing to the growth of the area. Additionally, the residential component of Riverfields has flourished, resulting in the completion of 1,060 homes, creating a well-rounded and dynamic urban landscape.
This precinct has evolved into a bustling residential metropolis and its growth can be attributed to a combination of factors that have collectively bolstered the town’s appeal and driven its development. We explore key elements that have been instrumental in shaping the success story of Riverfields.
Growing residential market
The first factor contributing to Riverfields’ success is its diverse residential market, catering to a wide spectrum of homebuyers. It has been driven by the growth within Kempton Park as an attractive destination for a range of individuals, from first-time buyers and professionals seeking proximity to their workplace, to those looking to upscale or downsize. The affordability factor plays a significant role, with options ranging from modestly priced bachelor flats and townhouses to luxurious small-holdings, lifestyle, and equestrian estates. This diverse housing market ensures that Kempton Park can accommodate varying budgets, making it an inclusive community for all.
Riverfields Precinct offers a spectrum of residential choices that cater to various lifestyles and preferences. With over 1000 residential opportunities available for purchase, Riverfields will see more to come.
The area has seen the following estates already establish themselves:
- Glen Erasmia Boulevard
- Gleneagle Estate
- Swallow Hills
Logistics and corporate central
Located strategically northeast of the Kempton Park CBD and along the Albertina Sisulu Freeway (R21), Riverfields has seen the emergence of significant projects like the Gleneagle Office Park and the Plumbago Business and Logistics Park. Big corporations and businesses like Takealot and DSV have made Riverfields their home.
The industrial sector, focusing on logistics, warehousing, and distribution centres, has seen the most substantial growth, with 1,241,951 square meters developed. As well as an office park where 80% of the available 52,624 square meters has been developed.
Development of commercial and retail spaces
The growth of commercial and retail spaces in Riverfields has been remarkable, totalling 38,233 square metres. The establishment of areas like the Harvest Place Shopping Centre and the upcoming Lifestyle Centre has transformed Riverfields into a bustling commercial hub. These centres have not only provided residents with access to a wide range of retail and dining options but have also become meeting points and leisure destinations, contributing to the community’s social fabric. The growth of office parks and business centres has attracted a variety of companies, fostering a vibrant business environment within Riverfields.
Enhancement of recreational and community facilities
Riverfields has placed significant emphasis on developing recreational and community facilities. The introduction of parks, sports centres, and community halls has greatly enhanced the quality of life for residents. The building of spaces like the Maranatha Church and school provide spaces for leisure, socialisation, and community events. The planned Action Sports Centre, for instance, is set to offer a unique blend of sporting and communal activities, further enriching the community’s recreational landscape.
Riverfields and the Ekurhuleni Aerotropolis Programme
The development of Riverfields has been significantly influenced by the Ekurhuleni Aerotropolis programme. This ambitious initiative is transforming the area into Africa’s first aerotropolis, centred around the O.R. Tambo International Airport. The concept aims to use the airport’s presence to boost residential, commercial, and industrial growth in the surrounding areas. Riverfields has been a beneficiary of this programme, with significant investments enhancing its appeal and functionality.
The Gautrain’s impact on Riverfields
The establishment of the Gautrain station in Rhodesfield has been instrumental in driving residential and business appeal in the area. Since its inception in 2010, the Gautrain has offered efficient travel to key locations across Gauteng, attracting a new wave of homebuyers and businesses to the Riverfields area.
With the expansion in both residential and commercial sectors, Riverfields has become a significant source of job creation. From construction jobs during the development phases to various opportunities in retail, logistics, and other businesses, the precinct has contributed substantially to local employment. This influx of opportunities has uplifted the local economy, reducing unemployment rates and stimulating economic activity in the surrounding areas.
Advancements in infrastructure and transportation
Another key area of transformation in Riverfields has been its infrastructure and transportation networks. Investment in roads, utilities, and public transport facilities has significantly improved accessibility and connectivity. The development of the R21 freeway and the integration of public transport systems have made commuting more manageable, linking Riverfields more effectively with neighbouring areas and major cities. This enhanced infrastructure has not only benefited residents and businesses in terms of convenience but has also played a crucial role in attracting further investment into the area.
Sustainability and environmental stewardship
Lastly, Riverfields has shown a strong commitment to sustainability and environmental stewardship over the last few years. Efforts have been made to incorporate eco-friendly practices in development projects, from energy-efficient building designs to the preservation of green spaces. The emphasis on sustainable urban development has not only made Riverfields an environmentally conscious area but also a healthier and more appealing place to live and work.
Some stats
In a presentation to the Council around 2019/2020, it was reported that the Riverfields development has been a significant catalyst for employment, contributing to the creation of over 70,000 long-term, sustainable jobs. The investment in bulk service installation and top structure investment across completed, current, and future projects has been substantial.
For completed projects, a total of R864 million was spent on bulk service installation, with top structure investments reaching R9.96 billion, generating R180.4 million in rates and taxes contributions and creating 35,335 jobs.
Current projects have seen R89 million in bulk service installation, R7.129 billion in top structure investment, contributing R169.8 million to rates and taxes, and resulting in 32,790 jobs.
Future projects are expected to be even more ambitious, with R1.186 billion allocated for bulk service installation and a staggering R25.428 billion for top structure investment, anticipated to contribute R393.76 million in rates and taxes and create an unprecedented 271,007 jobs.
In total, Riverfields developments represent a monumental R2.139 billion in bulk service installation, R42.517 billion in top structure investment, and R743.96 million in rates and taxes contributions, underpinning the extensive economic and employment benefits brought to the region.
Future plans for Riverfields include a regional shopping centre, a new residential estate, and a community centre, all contributing to the precinct’s dynamic growth. We look forward to sharing the progress over this next year.