LAURUSCO DEVELOPMENTS

Durban Point Waterfront Development - DURBAN POINT - Complete

Laurusco Developments have acted as the project directors/development managers of this exciting Durban redevelopment project consisting of a waterfront with mixed use development opportunities and significant property development and investment potential. Neels Brink was instrumental in facilitating the planning and development of Durbanís R730m world-rated uShaka Marine World that was the catalyst for the Durban Point Waterfront and has since played a key role in driving the Point Waterfront project from its inception in 2003. To date some R2billion has been invested in various buildings and related infrastructure, and all the land in Phase One (185 000sqm) has been sold and 17 mixed use developments consisting of residential, offices, hotels and retail outlets have been developed. With the completion of the bulk infrastructure and phases 1 and 2 the final phase is being managed by the Malaysian shareholders without any further involvement for Laurusco Developments.

This phase, once approved, envisages a series of high-rise buildings fronting the extension of the beach promenade and is a substantial change from the previous planned waterfront experience.

Mtubatuba Interchange Node