Local news

Last chance to invest in showgrounds – metro

The metro is offering several underutilised properties to lease as part of the Tshwane Economic Revitalisation Strategy.

Investors interested in entering a leasing agreement with the metro for the Pretoria Showgrounds have until January 21 to submit their application.

MMC for Economic and Spatial Planning Sarah Mabotsa recently said this was the final opportunity for potential investors to apply for several key properties the metro is looking to lease.

In November 2025, the metro invited interested parties to bid for the long-term lease, investment, and development of several key properties.

The information for interested parties is freely available on the city’s website at https://www.tshwane.gov.za/?p=94556.

Prospective bidders, investors and developers are reminded that their bids must be submitted by 10:00 next week.

For the 36-hectare HM Pietjie Stadium Precinct in Mamelodi, and Erf 1932 Zwartkop Ext 16, the deadline is January 19.

The deadline for more than 30 Sunnyside properties within the Nelson Mandela Corridor and the 27-hectare ODI Stadium Precinct in Mabopane is January 20.

For the 38.9-hectare Pretoria Showgrounds precinct and a 2.9-hectare site (Erf 43 Verwoedbergstad) in Centurion, it is January 21.

Submit your bids for almost 10 hectares of Rosslyn Ext 2 industrial properties (erven 396, 397, 398 and 399) on January 22, and for 3.5 hectares of industrial properties (erven 401, 402, 403, 469 and 470) on January 23.

“Documents are publicly available on the city’s website, and any person or company may bid for the lease, investment and redevelopment of these properties. By releasing these underutilised city-owned assets, the City of Tshwane aims to convert idle land and buildings into engines of inclusive development,” Mabotsa said.

The MMC said the investment, redevelopment and revitalisation of these assets will directly improve livelihoods, support skills development and help to reduce unemployment.

The metro hopes that through these long-term leases, investment translates into tangible benefits for the people of Pretoria.

One of the 10 priority economic sectors identified in the economic revitalisation strategy is construction, due to its high employment potential. The release of vacant or underutilised properties for redevelopment aims to support and strengthen the construction sector in Pretoria.

“These developments will stimulate the construction and service sectors, create jobs, empower small enterprises and expand local infrastructure. The Tshwane Economic Revitalisation Strategy (TERS), adopted by Council in April 2025, is our Multiparty Coalition Government’s roadmap to increase economic growth to 3.9%, attract between R17–R26-billion in new investment and add at least 80 000 new jobs to the economy of our capital city by 2029,” Mabotsa added.

TERS identified 10 priority economic sectors to support achieving these growth targets, one of which is the construction sector, which is very labour-intensive.

The release of vacant or under-utilised properties for construction or redevelopment directly assists in supporting and growing the construction industry in Pretoria.

In September last year, the city hosted its inaugural Tshwane Investment Summit, where the private sector expressed strong confidence in the city’s Economic Revitalisation Strategy.

At the summit, investors pledged R86-billion towards supporting growth and job creation in the capital city.

Through the identified priority economic sectors, collaborating with industry role players and assisting businesses to grow, is reportedly set to make Pretoria – South Africa’s safest city – the preferred destination for trade and investment and the gateway into the Southern African Development Community.

The metro is investing in economic infrastructure to provide a competitive business environment, ensuring an uninterrupted supply of municipal services and providing investment incentives and business services that will realise inclusive economic growth.

It is committed to attracting foreign direct investment and stimulating domestic investments by means of business retention and expansion.

Among others, initiatives include addressing red tape and bureaucracy, fast-tracking strategic projects and investment initiatives, and developing new and existing industries in partnership with the private sector and academia to leverage the research and development sector in Pretoria.

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Manna Maurice

Manna Maurice is a content writer and photographer currently working as a journalist for the Pretoria Rekord newspaper. He covers stories affecting Pretoria residents specifically in the West and Central. Manna has been part of the Rekord team since July 2022. He has a BA degree in Journalism from the University of Johannesburg and an Honours degree in Media Studies from Unisa.
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