Urban Dev
About Urban Dev

Three decades of community creation.

Our highly skilled team converts urban impossibilities into real, dynamic community solutions — producing sustainable long-term investments for clients and citizens alike.

Developed by Calgro M3
Who we are

120 years of combined experience in top management.

At Urban Dev Property Development, we develop more than residential properties — we create sustainable, inclusive communities designed for modern South African living.

As a dynamic property developer operating across South Africa, our focus is on delivering affordable and mid-income residential developments that combine quality, accessibility, and long-term value. Our vision is to become a leading force in the South African residential property market by developing spaces that positively influence the way people live, connect, and grow.

We believe property development should do more than provide housing. It should support social progress, encourage economic opportunity, and contribute to stronger communities. Sustainability remains at the heart of everything we do — from site selection and urban planning to the design of integrated lifestyle environments.

Our developments are strategically located in high-accessibility urban areas and infill sites that support smarter, more connected living. By encouraging higher-density development and supporting public transport accessibility, we help create vibrant environments where people can live, work, and thrive in one connected space.

With a strong focus on social impact and market-driven solutions, Urban Dev specialises in:

Our projects are designed to meet the evolving needs of South African communities while creating sustainable value for residents, investors, and the broader urban landscape.

Developer experience

Developer experience and track record.

Three decades of experience across integrated housing, listed property development and Urban Dev's growing portfolio.

The foundation

1994–2017

  1. 1994

    Calgro Homes established by Derek and Deon Steyn.

  2. 2001

    The Steyn brothers join forces with the Malherbe brothers and Calgro M3 Developments is born.

  3. 2007

    Listed on the Alt-X Board of the Johannesburg Stock Exchange (JSE).

  4. 2008

    First integrated residential project secured at Pennyville Ext 1.

  5. 2009

    Ground broken on the Fleurhof integrated development.

  6. 2010

    Pennyville completed; Jabulani CBD and Jabulani Hostels Phase 1 secured.

  7. 2012

    Listed on the JSE Main Board and secured Belhar in the Western Cape.

  8. 2013

    First international project awarded in Namibia and the Vista Park 3 development agreement signed.

  9. 2015

    Named SA’s best performing stock over five years by Bloomberg.

  10. 2016

    Named Company of the Year by Financial Mail. Top performing company at the Sunday Times Top 100 Annual Awards.

  11. 2014–17

    Multiple Govan Mbeki Awards and a decade as a JSE-listed company.

Urban Dev

2019–Current

  1. 2019

    Urban Dev founded and the Central Park precinct project secured.

  2. 2020

    Vista Park 3 secured during the onset of the Covid-19 pandemic.

  3. 2021

    Infrastructure commenced at Vista Park 3 and the Orlando project was secured.

  4. 2022

    Orlando Towers launched and construction commenced on 848 student beds at Power Park Student Village.

  5. 2023

    Orlando Towers Phase 1 handed over; Central Park infrastructure commenced; 38 Military Veterans homes delivered.

  6. 2024

    Played an integral role in securing the 30 000-home Bankenveld District City project.

  7. 2025

    Central Park infrastructure advanced and Phase 1 top-structure construction commenced.

  8. 2026

    Secured the Leratong City project, completed Madison Square Phase 1 and secured the first Urban Dev project in the Western Cape.

Corporate values
01

Innovation

We convert urban impossibilities into real, dynamic community solutions.

02

Vision

We design for long-term investment value — for both the client and its citizens.

03

Integrity

We drive and manage the entire process with professionalism and accountability.