{"id":242397,"date":"2018-05-04T18:00:42","date_gmt":"2018-05-04T16:00:42","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=242397"},"modified":"2018-05-08T12:35:35","modified_gmt":"2018-05-08T10:35:35","slug":"an-insane-r39-billion-worth-of-developments-are-in-the-pipeline-for-kzn-including-a-giant-ferris-wheel","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/242397\/an-insane-r39-billion-worth-of-developments-are-in-the-pipeline-for-kzn-including-a-giant-ferris-wheel\/","title":{"rendered":"An insane R39 billion worth of developments are in the pipeline for KZN – including a giant Ferris wheel"},"content":{"rendered":"

KwaZulu Natal has at least 15 new major developments in the pipeline to boost tourism in the region, according to Tourism Updates<\/a><\/strong>, which will carry development costs of up to R39 billion.<\/p>\n

Accounting for the biggest portion of this total (as much as R35 billion) is the Durban Point precinct development<\/a><\/strong>, which aims to completely transform Durban’s prime beachfront property into a massive mixed-use waterfront.<\/p>\n

The final build will include\u00a0hotels, residential apartments, office parks and retail developments – and will also see a new cruise ship terminal (valued at R215 million) constructed nearby.<\/p>\n

The project his already underway, through a R300 million promenade development, though the precinct is only expected to be completed after 2022.<\/p>\n

Among the list of developments highlighted by Tourism Updates, sourced from the recent World Travel Market Africa trade show, are a large number of resorts, hotels and lodges that are expected to be built in around KZN’s tourist hotspots.<\/p>\n

One of the stand-out projects, however, is the so-called “Durban Eye”, which is a planned R375 million Ferris wheel, which will mimic similar ‘observation’ wheels found around the world – such as the London Eye.<\/p>\n

According to Tourism Updates,\u00a0the Durban Eye will consist of 27 fully enclosed air-conditioned cabins that each hold 16 passengers, and will take passengers 78 metres above the ground on a 15- to 20-minute four-revolution ride.<\/p>\n

While information is scarce, various sites have reportedly been identified including the Durban Point precinct, uShaka Marine, and Moses Mabhida, among others.<\/p>\n

Below are a list of planned projects and their development costs, as reported by Tourism Updates<\/a><\/strong>.<\/p>\n

\n

Shakaland refurbishment (Eshowe) – R10\u00a0million<\/strong><\/p>\n

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Bhangazi lodge (Bhangazi site) – R35 million<\/strong><\/p>\n

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Thokazi Royal Lodge refurbishment (Nongoma) – R85 million<\/strong><\/p>\n

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Umfolozi Big 5 lodges (Hluhluwe Imfolozi Park) – R86 million<\/strong><\/p>\n

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St Lucia Hotel (St Lucia) – R88 million<\/strong><\/p>\n

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KwaMbonambi Hotel (KwaMbonambi) – R120\u00a0million<\/strong><\/p>\n

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Durban Cruise Terminal \u2013 R215 million<\/strong><\/p>\n

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\n

Sovereign Sands Beach Resort (North Coast) – R218 million<\/strong><\/p>\n

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Nonoti Beach Resort (Stanger\/KwaDukuza) – R350 million<\/strong><\/p>\n

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Blythedale Coastal Resort – R350 million<\/strong><\/p>\n

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 <\/p>\n

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Port Durnford resort – R350 million<\/strong><\/p>\n

\"\"<\/a><\/p>\n

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Durban Eye – R375 million<\/strong><\/p>\n

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Woodstock Dam resort and water park (Drakensberg) – R576 million<\/strong><\/p>\n

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Tinley Manor Resort (Tinley Manor) – R1.2 billion<\/strong><\/p>\n

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Durban Point – R35 billion<\/strong><\/p>\n

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 <\/p>\n

 <\/p>\n

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Read:\u00a05 new mega city developments around Joburg you need to know about<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

KwaZulu Natal has at least 15 new major developments in the pipeline to boost tourism in the region, which will carry development costs of up to R39 billion.<\/p>\n","protected":false},"author":10,"featured_media":118937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[26],"class_list":["post-242397","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/242397","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=242397"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/242397\/revisions"}],"predecessor-version":[{"id":243141,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/242397\/revisions\/243141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/118937"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=242397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=242397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=242397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}