Description : Construction of a R3 billion “lifestyle development” on a 5,3 hectare property, to be known as the Pearls of Umhlanga. Pearl Reef comprises the multi-million rand refurbishment of the old Umhlanga Mews and will see the conversion of 50 existing timeshare flats into 22 apartments. Pearl Tides will be a cabana-style duplex development. Pearl Breeze will be a 96 apartment complex, and Pearl Dawn will consist of 120 luxury apartments. Pearl Sky will comprise 414 upmarket residential apartments, as well as executive studios, two penthouses, 1, 2, 3 and 4 bedroom luxury apartments, and a 12600m² luxury boutique retail component. Pearl Walk, the commercial boulevard, also includes an upmarket wellness centre offering a wide range of health and fitness activities. R7 million for the development of the public areas including the boulevard, a pier and the upgrade of the beach promenade and lifesavers’ club. The latter will be “lowered, widened and upgraded to fit the upmarket ethos of Pearls of Umhlanga. Approximate GPS Coordinates: “29°39’42″S 31°7’0″E.
Status : Underway
Type : Building
Region : Umhlanga, KwaZulu-Natal
Sector : Private
Value : R100 million +
Timing : Completion estimated for 2018.
Notes: Group Five Coastal have been awarded the main contract for Pearl Sky. Construction is Underway.
If you are a valued Projects subscriber, you can find more details at PPA 1988.
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