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The Newtown Development is located in the western sector of the Johannesburg central business district. The re-development of Newtown is a major regeneration development within the inner city. It and aims to attract major investment, particularly in the creative industries, culture and tourism; create a vibrant mixed-use area; a destination centre for visitors and residents.

The development include the Nelson Mandela Bridge linking Braamfontein to Newtown; the M1/Carr Street Partial Interchange; the Metro Market; Mary Fitzgerald Square; new centres for arts and craft; multi-media; dance; music; and, film; improved security; upgraded parking facilities; and 2,200 new housing units, of which 50% will be subsidised rental units.

Housing

More than 2 200 new housing units, providing a range of accommodation, are planned in the form of Transport House, Metro Mall, Brickfields and Tribunal Gardens. COPE and the Johannesburg Housing Company have already developed the Carr Gardens and Newtown Urban Village offering mixed-income housing and are currently fully let.

Land, and under-utilised buildings, largely owned by the public sector, offer excellent opportunities for new developments. Infrastructure capacity to support new development exists.

A fast-track planning approval system offering appropriate and substantial development rights has been established by the local authority to support property development.