MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

MBDA and the Richmond Hill SRA

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MBDA Richmond Hill
MBDA Richmond Hill, Port Elizabeth

Richmond Hill is one of the Nelson Mandela Bay Metro’s oldest suburbs, and has seen a significant redevelopment over the last five years. Driven exclusively by the private investment with the institutional support of the MBDA, small scale urban renewal has occurred which has seen the introduction of a number of new businesses into the area – particularly restaurants – focused in, and around Stanley Street.

The introduction of these restaurants to the area, has also helped to stimulate the redevelopment of the surrounding residential area. Local residents have made a number of improvements to their properties, which has led to a corresponding increase in property values.

Richmond Hill, and Stanley Street in particular, is now a premier destination for eateries in the metro and attracts a diverse range of visitors. The redevelopment of Richmond Hill has also seen the introduction of new events to the area such as the Richmond Hill Music Festival, which helps to make the area a more attractive destination to work and live in.

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Date: December 12, 2015 16:12

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Port Elizabethan

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