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Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05. UDZ Exhibition & Conference 18 – 20 August 2005 Presentation by Li Pernegger Programme Manager for Area Regeneration. City of Johannesburg. Finance & Economic Development. Why target the Inner City?.
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Welcome to the UDZ TAX INCENTIVE CONFERENCE Day 3 20 Aug 05
UDZ Exhibition & Conference 18 – 20 August 2005 Presentation by Li Pernegger Programme Manager for Area Regeneration City of Johannesburg Finance & Economic Development
Why target the Inner City? • Over 201,000 jobs (15%) of the city’s employment opportunities
Total Inner City is 1.1% of total Joburg area (1,786 ha excluding Zone 5); allowable UDZ is 690 ha What is the Inner City? Zone 1- office & business: 28% of Inner City (502 ha) & 4,212 erven Zone 4 – Residential +: 42% of Inner City (749 ha) & 8,856 erven Zone 3 – Fordsburg +: 7% of Inner City (118 ha) & 1,858 erven Zone 2 – Manufacturing & industrial: 23% of Inner City (417 ha) & 2,489 erven
Information for investors • CGIS-hosted database • Property (erf) based information • Available free on the internet • Free version • Subscriber version • Better aerial photographs • More detailed planning info • Better report facility • Short introduction to Inner City database • http://eservices.joburg.org.za
Inner City Database • As JV between CoJ & SAPOA • 3-year agreement • Now CBD, Newtown & Braamfontein • Soon Hillbrow & Berea • Another useful database is the Nodal database • Also part of the CoJ-SAPOA JV • 25 economic nodes: property sector data
Inner City & Economic Nodes • http://eservices.joburg.org.za • Note ongoing maintenance and extension of both databases