Durban has received an ambitious proposal to build a R6 billion 88-story skyscraper near the Moses Mabhida stadium, which would become the highest building in the southern hemisphere.
The proposal was put forward by the Durban Tower Development Company – a group created specifically for the project – who presented the proposal to the eThekwini Metro municipality’s Economic and Development Planning Committee on Wednesday (9 March).
At 370 metres high, it would be the highest building in South Africa – above Joburg’s Carlton Centre (223 metres) and Telkom Tower (270 metres) – as well as the highest building on the continent, and indeed the entire southern hemisphere (above Australia’s Q1, which is 323 metres at its highest point).
The building would be built over the next 5 years, and become operational by 2021 if construction started next year. The proposed location is on the site of the Durban Country Club and the premises of the Natal Mounted Rifles, next to the Moses Mabhida Stadium.
While the project is still in its early stages – only at proposal level – Metropole Architects, on behalf of DTDC, presented the plans to the committee and received thumbs up from the councillors.
The group said that is has met with two South Korean companies – Posco E&C and Samsung C&T – to discuss the parameters of collaboration and skills transfer of collaborating with local construction companies.
“They have both indicated their willingness to be involved in this catalytic project,” it said.
“We believe that the project will serve as a potential catalyst to future large scale development within the Durban Inner City, and the greater Metropolitan area.”
Municipal spokesperson Tozi Mthethwa told News24 the concept of the Durban Iconic Tower was presented to the economic development and planning committee on Wednesday.
She said no final decision had been made yet as the project was still just a proposal.
“A consultation process with affected communities and stakeholders is expected to begin next week and will continue over a number of weeks and months before the proposal is ultimately tabled at the executive committee,” said Mthethwa.
Mthethwa said both properties were owned by the municipality and were being leased to the two clubs on long-term arrangements.
“Discussions are underway with the clubs. Given the proximity to the World Championship Golf Course, direct access to the beachfront promenade and being less than 200m from the Moses Mabhida Stadium, the position is extremely favourable.”
“The proposed use of the building would be mixed-use consisting of retail, commercial, parking, hotels and residential.”