http://www.myimagehub.com/userfiles/dysan1/spinaker2c.JPG

http://www.myimagehub.com/userfiles/dysan1/spinaker1c.JPG

http://www.myimagehub.com/userfiles/dysan1/spinaker4c.JPG

NAME: The Spinnaker
LOCATION: Durban waterfront
STATUS: U/C
FLOORS: 29
HEIGHT: 124m
USE: Residential

Very beautiful!!!! It looks a lot like a Miami building called Pinnacle!

its a pity that the bottom 14 floors view will be blocked by Shaka's Gate, which is RIGHT infront of it :(

Love shaka's gate, but pity the poor people in spinnaker who's view will be of the back of it.

Good thing Spinnaker apartments only start on the 8th floor

Construction is up to 1st floor...3 basement levels

STUNNING BUILDING. HOPEFULLY IT WILL BE THE FIRST OF MANY IN THE DURBAN HARBOUR. gO DURBS!!

its a pity that the bottom 14 floors view will be blocked by Shaka's Gate, which is RIGHT infront of it :(

Love shaka's gate, but pity the poor people in spinnaker who's view will be of the back of it.

Good thing Spinnaker apartments only start on the 8th floor
Any cranes up? any pics we can drool over?

The more I think about this building, the more Im convinced its much taller than 85m that I was quoted. 25F at an average of 3.5m gives you 87.5m plus spire which is at least 3 floor high its self so that adds 12m minimum so we are looking at 100m easily.
Any chance of someopne speaking to the devloper of contractor on this issue next time they are down there???

will do my best :)

according to what i was quoted by the agents, each floor is 3.65m, the groundfloor is 8m and the spire 14m.

so... 116.9m

hope that sorts out the mystery :)

Dev is up to 1st floor (2 basement levels) so when it gets more interesting in the next few weeks i'll take pics. there is a tower crane up tho

wow, 117m is a considerable height, well done!!!

will do my best :)

according to what i was quoted by the agents, each floor is 3.65m, the groundfloor is 8m and the spire 14m.

so... 116.9m

hope that sorts out the mystery :)

Dev is up to 1st floor (2 basement levels) so when it gets more interesting in the next few weeks i'll take pics. there is a tower crane up tho
Excellent Mike, Ill ammend the emporis stats. Maybe the person who gave me the info was a dumbass :cheers:

Mike
Another one, could you get some pics of 355 musgrave? and also if its not too much to ask contact stephan antoni architects in CT for a height of Dolphin Whispers?
Thanks
SAB
OH forgot is there still no word on the Pearls heights? :eek2: :eek2: :eek2:

its a pity that the bottom 14 floors view will be blocked by Shaka's Gate, which is RIGHT infront of it

Love shaka's gate, but pity the poor people in spinnaker who's view will be of the back of it.

Good thing Spinnaker apartments only start on the 8th floor


Won't they have a view at all? Gosh I'd sue if I owned an apartment in the Spinnaker. I think there might be some old principle from Roman Law which forbids blocking someones view. If the apartments only start on the 8th floor, what will be on the first 7 floors?

parking structure

Mike, a couple of questions.
Who is the contractor on this and do you have any pics of the site with a crane up?

First 8 floors are parking and 3 floors office space

The bottom flats will NOT lose their view. I havefound out that those flats open out onto the harbour side, and merely have windows on the ushaka side. the only floors affected on the ushaka side will be 12,13,14, but they have balconies on both sides.

will get a crane pic :) and a 355

excellent- i like that they incorporated 3 floors of office- cool ;)

Here is the first taste of development on the Spinnaker...its not much to see, but you gotta start somewhere

http://www.myimagehub.com/userfiles/dysan1/2005-08-23%20043.JPG

http://www.myimagehub.com/userfiles/dysan1/2005-08-23%20044.JPG

http://www.myimagehub.com/userfiles/dysan1/2005-08-23%20045.JPG

excellent Mike, Can I use to add to emporis as a construction diary? I assume the contrator is JT Ross or I think its called Ross and Sons now? Any pics of the project sign board to get some more consultsnts listed.
very excited to see a high rise crane on Durbs, first since 1998

well the crane aint that high yet! The one in town on ABSA is higher!

No sign board, but you can get all the contractors info from! try the website

In the inner city area (cbd, beachfront and point) there are 7 high cranes.

website doesnt work, its a name registration service

sorry! its www.thespinnaker.co.za

and it is up to the 3rd floor now, central section growing quicker, about 6th!

http://mysite.mweb.co.za/residents/adac/spin2005-10-02-01.jpg
http://mysite.mweb.co.za/residents/adac/spin2005-10-02-02.jpg
http://mysite.mweb.co.za/residents/adac/spin2005-10-02-03.jpg

maybe i missed something, but is that one of the Shaka Island parking lots?

I think so, the last pic is looking at the side of the building me thinks and shakas island would be behind you

nice pics martin. Where you been?

Ooooohhh.......photos, NICE. Great to see some updates! :)

Nice to have you back Martin. :)

ushaka is directly at the guys back. it looks bigger from the harbour side, for then u see the lower ground levels

hey guys

still around, been juggling my time between varsity and girlfriend which means theres a severe lack of it lately :P

But i had some time over the weekend so went and took a few snapshots :)

from the point road side its up to 6F! and the 3rd crane is going up

Construction Update - 29 November 2005


Ushaka view

http://i26.photobucket.com/albums/c128/dysan1/IMGP0730.jpg

Point Road view

http://i26.photobucket.com/albums/c128/dysan1/IMGP0750.jpg

nice ..man i really need to go to durbs and join u guys in taking pics ...possible durbs photo tour ?? ;)

lets see some height now.Its actually the first high rise in Durban since Old Mutual 33F in 1996 nearly 10 years

Hsark...come along anytime u want :)

Its been a LONG time since we last saw anything big go up..ur right! But Soon there will be a few more high rise cranes on the skyline:

Spinnaker
San Raphael
Moyeni
All the Pearls
Marriot

And prob a few more in time...

This one should start to rise alot quicker, looking at 3 to 4 floors a month

Mike whats the storry on Moyeni? seems to be a bit stagnent and waiting for somehting to happen.
Also heard any news on Skygardens, the Big mixed use boys on the vic embankment etc?

Moyeni is taking just as long as Spinnaker and San Raphael did. Dont forget that They were both launched last year... (Spinnaker in march 2004 and and San Raphael in June 2004)...and they only taking form now. Moyeni was only launched in Feb 2005...so things will prob start to happen next year...i'm not worried that its been canned cos sales were v good.

SKYhomes...well i have not heard anymore...was told that it was gonna be postponed until the Sails was complete...same developer...

As for vic embankment...i've heard no more.

I LOVE The Spinnaker now that I have seen some other angles and the podium, etc... It's going to be quite exciting for Durbs!

http://img60.imageshack.us/img60/7586/durbsspinnaker2ud.jpg


On the other hand, I say enough 'buildings covered in balconies' for Durban... what it deserves is one big new office tower.

i would also love to see a new office tower...but the closest we are getting to that is the total transformation of the ABSA tower in town...

Oh...the marriot hotel tower doesnt have balconies...

Update:

Up to 6F, 8F at back

http://i26.photobucket.com/albums/c128/dysan1/IMGP1256.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1306.jpg

Lovely building, but I still think its too narrow

narrow?

Nice tower. But not extremely high;)

narrow?
well wat i mean is, if u look at the front of the building, its quite wide, take that in proption to the sides, the side look really narrow.

Nice tower. But not extremely high;)
in south africa we're scared of building high and perfer urban sprawl example joburg but where getting taller buildings everday its taken us 16 years to get to this stage since our last high-rise building boom

dont think we are scared of going high rise( think of old mutual in durban, metlife in CT,Michelangelo sandton) as examples of high rise over the past 10 years. Its more an issue of economics. we build high typically when the land value demads a certain return and the oly way to absorb the cost of land is to go high and have multiple returns ie more income in appartments etc to share the cost of the land.
Sa land is cheep by world standards and there is pleanty of it. add to that the 80s/90s inner city flight and urbinsation of satalite centres(sandton, bellville,umhlunga) and you have no need to develop cost intesive projects if no one is there to fill it and you can develop something like a groundscraper on cheep land with cheep buildiung costs cos its low.
However the economics change whern you have inner city revivals and the cost of doing business in the burbs is more than in the city the exodus will go the other way, add to this record low rates and debt is cheep

dont think we are scared of going high rise( think of old mutual in durban, metlife in CT,Michelangelo sandton) as examples of high .....
u make a gud point there! never thought of it that way.

correct me if am wrong but wasn't the old mutual and metlife built some time in 1995/1994 its 2006 and most high-rise in sa were built during the 80's boom ps sandton 1 tower so far oooo! its all got todo with people running to the surbs and creating urban sprawls so if we had stayed in our cbds the carlton would have been topped by then

Yeah, pity all those suburban developments weren't for the CBD's. I'm sure we'd have some stunning highrises then instead of the standard office park designs that are in every second suburb.

However a healthy core doesn't rely on tall buildings. However, those office parks are definitely subtracting from our downtowns' office markets. Oh well... some day, guys. The right public transit isn't in place yet anyway, so you'd have even more massive lineups trying to get into town, everyone working in the CBD.

I think the narrow side of the Spinnaker will be a cool angle, and will look great. The long side with just all balconies, I don't love so much. The podium/base is so very nicely designed... actually to be honest, the podium looks all Vancouver to me. That's a very very good thing, btw. :P

-thryve

Vancouver? how? :)

and its not really that narrow...take a look at Kensington!!

^^ Hmm I dunno... like the colour, the sleek design features, the human scale.

Alot of Durban buildings in Umhlanga New Town Centre and Durban point remind me of Vancouver ones in certain aspects... the design features are what does it.

Nice to see an emerging style... it's so early on though, we haven't seen anything yet.

-thryve

I'm sorry, but I just dont see any Vancouver in it at all......some of the projects are looking pretty unique actually. Love the height on the Spinnaker...and the presence it has, but San Raphael is just stunning comapred with it.

I mean the podium... I can post you a photo as soon as I find the one I am thinking of.

There are many design features used in Durban and Umhlanga that are used in Vancouver. It's because Durban and Umhlanga are now going for that human-oriented, human scale type of architecture right now.

-thryve

Like what design features specifically?

i hear what u saying on the "human scale" aspect, for all the developments are being designed for human interaction...to get people back onto the streets and out of their cars...but i need to see more of vancouver to understand what saying there tho

why call it "Vancouver" y not call it "Durban"?

Woah woah easy... I'm busy but I'll try to make up a design analysis image for y'all...

I say "Vancouver" design features and not Durban, as you were wondering, Durbsboi, because I am probably alot more familiar with Vancouver, having lived in Canada for years and not being to Durban since I was teeny tiny. ;)

-thryve

^^ I know i was just joking :)

I know... hah I really am ashamed of my lack of knowledge of Durban... ohh well I'll put it on my list of places to visit.

-thryve

^^ please do, but not now, wait till all the construction is done

up to 7

Update: 25 May

http://i26.photobucket.com/albums/c128/dysan1/IMGP1501.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1502.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1504.jpg

Developer informs me that a Luxury vehicle brand will occupy one of the retail spaces for an exotic car showroom

ASTON MARTIN???

dont think so, they supposed to open early next year and i was tld that they were in umhlanga

Updates?

-thryve

^^ dude its only been a month since i took pics...its only added 2F, not much to report...

2 floors in a month and the are into the tower with common floor plates? far too long, should be on 4.5 days per cycle especially if they are using Doka or Perri formwork

^^ dude its only been a month since i took pics...its only added 2F, not much to report...

Only two floors? :(

well maybe more..that was when i was last there. fuck i dont go down every week guys

And why not?!! Sheesh I thought you were a photo on demand facility! :)

I was in that area with some mates this weekend and it's definitely taking shape cause I've pointed it out before and no one has taken any notice but now everyone was asking what it was as if they'd never seen it before!

LOL...the number of people i know that ask me if anything is even being built in durban...and they live in umhlanga!! They, no kidding, only noticed the buildings in front of gateway a few days ago!

I wasn't pressuring you Mike, I was simply asking if there were any important updates.

2 floors in a month and the are into the tower with common floor plates? far too long, should be on 4.5 days per cycle especially if they are using Doka or Perri formwork
This aint Dubai, where we can build a 50 storey building in a couple of days ;)

The new 72 story rose tower is opposite my office and it has taken 10 months to get to the top out thats 3 days per floor
even so with spinaker and using either doka or peri formwork and with a common floor plate it should be at least a floor cycle ever 5 days and that is slow

It depends on the contractors & there timing schedule, maybe they taking it eazeee I know most of our jobs in UNTC are full steam, they want to get in & out as fast as possible.

This one is rising fast now! They will def meet there September 2007 deadline

pics pics pics

They've started advertising "two new floors". Does this mean it's increasing to 29F or are these floors only being released for sale now?

^^ also wondered that. the option that they reconfigured those floors to offer the 1 and 2 beds, or they have actually added 2 addtional floors. would love it to be the latter, but think its probably just reconfiguration. must find out tho

Great building and the setting is truly Australia-like!

I would suggest its units held back by developer, its normally what we do

OR, they were proberbly Penthouses, but didnt sell, & they converted it into apartments, like whats happening at Point Bay, 2 penthouses have been scraped & 4 units are taking its place

^^ no they are on level 19 + 20 so not the case. reckon they were 3 beds, cos there werent many 1 beds in the building.

any updates?, Ill be back this weekend on business , so hopefully can have a little peak there but might not have time

Bro, Im stuck at Riverhorse valley for 3 weeks now, I wish I could go some where else, these warehouses are getting to me

Pictures, anyone?

I like riverhorse...it has gone up so quickly i am astounded each day i drive past.

Will get some pics of this this weekend.

Giles why u here for business? that was a really really quick return!

Also i have info on a second Marriott they opening in kzn

Also i have info on a second Marriott they opening in kzn

Oooh where!?? The Point? ICC? Do tell...

ICC

with plans for another down the south coast

Still now news on my ICC hotel :( those developer's are so fussy, but I do hope the building will be funky.

its good to be fussy if they want something of good quality and class

The reason riverhorse is coming up so fast, cos its all Warehouse's, just steel & cladding!, Jacoby Nichol & GRID construction are having fun there!

Still now news on my ICC hotel :( those developer's are so fussy, but I do hope the building will be funky.

Durbsboi, any idea on who the developers are and have they secured an opperator?

As I said before, I cant say much, but there is 2 groups, 1 of them being muslim, no idea on the hotel operator as yet, but the council want a big name opreator, i.e, Sheraton, Marroit or Four Season's, if not a big name operator, the hotel must be in a class of its own, i.e like a Burj Al Arab or Emirates Palace.

well we are a sharia complient developer and operator (2 seperate companies) and are the only sharia compleint hotel operating company in the world. Might be worth for us to know who they are and see if they are intrested in our brand

durban cannot supprt a big name brand as there is no one in SA who could afford a Four S , ritz C, w or St regis, etc. FS cost on average $300million per hotel and there is no way they could work in Durban. I have done a FS and know where they are looking in SA but unfortunatly no one can afford to build it

Where does Fairmont that is going in at zimbali fit?

well we are a sharia complient developer and operator (2 seperate companies) and are the only sharia compleint hotel operating company in the world. Might be worth for us to know who they are and see if they are intrested in our brand

I dont know the Clients personally, but will speak to the QS & ask if they are still looking.

durban cannot supprt a big name brand as there is no one in SA who could afford a Four S , ritz C, w or St regis, etc. FS cost on average $300million per hotel and there is no way they could work in Durban. I have done a FS and know where they are looking in SA but unfortunatly no one can afford to build it

Well I did say that it is over a billion, so who know :dunno:

wow dident realise it was such a big development. Is this the hotel complex on the Yeast factory?

Where does Fairmont that is going in at zimbali fit?

I can't speak to the construction cost, but I can say that every Fairmont property I know here in the US is VERY nice. The Fairmont here in Washington is just as nice as the Four Seasons and Ritz Carltons. Obviously there are people who will quibble that one hotel offers a particular amenity that the other doesn't. That being said, the Fairmont hotels here are among the nicest, most expensive hotels in the country.

Well the Fairmont at Zimbali is costing R1,8bn ($240m) so i see that as a sizable amount for a hotel with only 160 rooms. Compare that to the One and Only in CT which is 150 rooms and is costing R400m ($55m) and is "supposedly a 6 star hotel"....

Surely that puts the Fairmont into an ultra top league? i mean they do have the Savoy in london and that amazing building in San Francisco!

impressive

intresting anyway 6star hotels dont exist

Mike read my tpost on the fiarmont thread. Its the total 10 year spend on the whole of Zimbali , hotel is around $40mil only

check my comment there too

Ok so i thought it was about time to update this image thread. Sorry for the overcast weather today in durbs so the pics arent the clearest...but lucky we have any cos the wind nearly blew me away.

Great views of the development and city from our very own jermone's (aka romansa) apartment at the point. And now that i think i have taught him how to post pics....i think we are in for 1000's from him.

Enjoy


http://i26.photobucket.com/albums/c128/dysan1/IMGP1826.jpg

http://i26.photobucket.com/albums/c128/dysan1/CopyofIMGP1833.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1847.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1844.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1829.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1834.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP1846.jpg

This is beutiful

http://i26.photobucket.com/albums/c128/dysan1/IMGP1844.jpg

Thanks for the post gents.

yea cool pics it looks lonely wheres the san raphael tower

Lovely stuff Mike, Nice views you got Roman, it will be even better in a few years time!

PS: Is anyone also having problems posting? its gfetting freeken annoying re-posting & un freezing! for gods sake I got a 4mb internet connection!

Yes, the views are great. Porbably the only place in the city you can see Victoria Embankment and the Golden Mile. The other day when visibility was good I saw all the way to Umhlanga. You could almost imagine a bridge from Point to Umhlanga, it seemed so close across Durban's very own 'False Bay'.

You're right, the views will be great / even better in the years to come, esp with the other highrises coming up in right next to Spinnaker.

And thanks for the tips on how to post, Mike. Durbsboi also explained how to do so a while back but I lost that post and haven't posted anything before or since. Will pluck up the courage to do so soon...

6th pic is the best and should be the new offical durban pic- shows the old dense city and the new kid on the block

Those are nice views Jerome!! Makes me wish I had bought at the Point. Great update Mike.

So jerome u now telling me that this dev is 29F? if so it is no longer 117m, but 124,2m (if the new floors follow the existing 3,65m)

nice...

need confirmation before I can change Emporis

Ooops! )Article found here (http://www.int.iol.co.za/index.php?set_id=1&click_id=594&art_id=vn20070319014450982C606364).)

Scaffolding plunges through uShaka club roof
Carvin Goldstone
March 19 2007 at 11:25AM

The co-owner of Club11 uShaka and some of his employees had a narrow escape on Sunday when scaffolding from a development under construction fell more than 15 storeys through the roof of the club and slammed into an area where people had been working shortly before.

The club is situated at Albert Terrace in the Point area, opposite uShaka Marine World and next to the luxury Spinnaker residential complex now under construction. The construction is being undertaken by J T Ross and Son Construction Company.

Club11 co-owner Andy Moore said this was the second incident in the past four days in which parts of the construction had fallen through the roof of the club, causing extensive damage.

On Thursday, 7m of brick work fell several floors and crashed into the club, damaging sound equipment, furniture and parts of the building.

Siya Madondo, a club employee, was asleep in the club when the bricks came crashing through the roof.

"I was sleeping in my room and I heard this loud bang. When I went to check there was rain pouring into the club. I ran to the nearby garage and called the police," he said.

Moore said the Labour Department had halted construction of the Spinnaker.

He estimated that the damage to the club would cost about R2-million to repair. The entire roof might have to be replaced.

Moore said people could have died if the club had been in operation at the time of the accident.

The boards on which J T Ross notes the number of accident-free hours it has worked have been blocked.

J T Ross site manager Campbell Hastie would not commen.

The Labour Department confirmed that it had initiated an investigation into the incidents.


This article was originally published on page 2 of The Mercury on March 19, 2007

well its not surprising when we had winds of 90km/h then.

any confirmation of its height increase?

Yoh, that F'd up, havent JT heard of saftey nets???? C'mon, they should know the Point is an extremely windy area, maybe GVK should give them some tips.

The new height is confirmed at 123,7m by the developers, but may differ slightly depending on the spire

Thanks mike,

Also, I've checked the plans I have from the developers. There are now 29 floors, excluding the spire.

can someone update the thread title with 29F and 124m

thryve is the only one that can do that

^^ Done.

View of the construction from Glenwood. It is really starting to dominate that skyline and still has 9F to go

http://i26.photobucket.com/albums/c128/dysan1/IMGP6001.jpg

U can get a nice view of it from Tollgate bridge, really does dominate the skyline in that vacinity

And its getting all dolled up now. white paint on the lower floors. intetresting to see that the corner units have square balconies now, not the rounded ones in the renders...cant decide if thats better or not. will get some more pics this wknd...

also, please can our other Durban forumers take more pics. no matter what they are of, it just would be nice to see some more pics being post of developments or anything of interest

Just another picture update...its coming along nicely, nearly toped out, 3 floors plus the roof level and spire to go! completion is still october.

Prime view from Ushaka

http://i26.photobucket.com/albums/c128/dysan1/IMGP6110.jpg

View from Timeball Square, dockpoint in foreground

http://i26.photobucket.com/albums/c128/dysan1/IMGP6090.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP6083.jpg

Back view

http://i26.photobucket.com/albums/c128/dysan1/IMGP6114.jpg

Side view from point road aka mahatma ghandi road

http://i26.photobucket.com/albums/c128/dysan1/IMGP6115.jpg

A lovely old building that has been preserved in the creation of the spinnaker. dont know it it is to be used for, but i just love it.

http://i26.photobucket.com/albums/c128/dysan1/IMGP6113.jpg

she adds bulk to the area

Are trying to say she's fat, Giles?? NOT a comment a lovely lady wants to hear. Just kidding!

That fence makes her butt look big. :lol:

It is a great old building, though. It's good that some of the best architecture in Durban will no longer be located in the dodgiest area.

Well she does have a belly when looked at from the side :D

she deffinatly has a bit of middle age spread going on there. Na I mean bulk as in mass to a low rise and low density area.
Any news on the mast guys? lets hope she doesent have the same fate as SR

But surely with the S.R a no go the site will still require a high rise since it is 1 of the very few high rise sites alocated to the Point, hopefully we can look forward to another 30-40F beaut, or am I asking for too much?

no we will still get a high rise, just not the san raphael design.

regards mast, to best of my knowledge all is on track, and they put new banners up on the site. and start on the site says june

ANYONE KNOW WHAT THE RENTAL POTENTIAL IS FOR THE SPINNAKER APARTMENTS

Not sure, depends on the type of apartment & how many bedrooms, I know my 1 mate has an apartment in Point Bay, its a 2 bedroom & his going to get about R6000 a month.

Its a 2 bed on 15th floor,would have thought it should get R10000. especially as the point further develops and more sites are finished.Mybe i am too optimistic.

Maybe in time it will get that, but i certainly dont believe you will get those rates in the initial period as there will be a flood of apartments onto the market. When supply normalises the rates will most def rise. I would reckon that R7000 is likely in the begining, with a good healthy rise in the next 2 years.

For comparison, 2 bed apartments in Umhlanga NTC are renting from R5000 - R7500. With the views your unit offers your rental should be higher. but at the end of the day it depends on what people wanting to stay in the area are willing to pay.

I hear small craft harbour is going to get the go ahead in the next 2/3 weeks
This will be an excellent addition to the point area

Also heard that uShaka marine now starting to pay its own debt which is good for the cities budget.Maybe they will accelerate the clean up opperation.This can only further help tourism

Anything that gets uShaka into the black and off the City's books is great news.

^^ agreed! it was always going to take time for ushaka to gain a positvie balance. i still however see it taking many years for teh debt to be settled, but there is nothing wrong with that as it is a catalyst project that has enabled billions of rand to be spent on other dev's that would not have occurred otherwise.

regards the marina, what is your source for that epass?

A property developer,(who else)they seem to know everything.Apparently the announcement is going to happen very shortly.

it really has been held up by the water sports clubs. would be impressed to see it getting approval now as i thought it would still take quite a bit longer. i am in regular communication with Colin Sher of the DPDC and he says that the next phase has been held up by the marina, for if it doesnt get approval they will have to redesign the up coming phases.

ones from sat...nearly topped out

http://i26.photobucket.com/albums/c128/dysan1/IMGP6158.jpg

http://i26.photobucket.com/albums/c128/dysan1/IMGP6148.jpg

Looks a bit pregnant, but I know I will love it once it is done. Im glad its not just a box. But it is a bit bulky at this stage...

i personally believe it looks far better when you are looking at it in person within the context of the area. No doubt it is imposing, but it looks great when you are on the beach or at ushaka

looks good to me from photo.As i am in Ireland and it has been raining for nearly a month Durban would be great right now.The developer said yesterday they were hoping to transfer apartments in November,seems a litte ambitious.It should look fantastic when finished

i personally dont think november is that overly ambitious. They have already completely fit the lower floors up to level 12 and have done a fair bit on the floors up to level 16. There are numerous show apartments that are fully complete already too. So in the next 5 months they could be complete in many areas, so transfer would be possible. Work on many areas would prob still continue til feb/mar.

she is looking great now with her white look and the glass is going in on the upper floors. jerome have they put the spinnaker on the roof yet?

2 pics taken last nite while heading off to moyo (atmosphere great, food not so special - would recommend more for drinks for the views are amazing)

This first pic kinda captures everything by chance. it has the ushaka sign and the spinnaker and luckily got the people mover bus too.

http://i26.photobucket.com/albums/c128/dysan1/Photo0010.jpg

http://i26.photobucket.com/albums/c128/dysan1/Photo0009.jpg

Nice shots Mike, dissapointed to hear the food at Moyo aint that good, I heard the place looks stunning tough.

Thanks for the pics Mike. Sorry to hear about the food, I was there last month and the food was great, but the place was rather empty for a friday night. I believe it is a 500seater? Was in nice and full? The Moyos in JHB are amazing, and the food is great.

i think it might just be early days on the food side, or i just chose the wrong meal (mine was senagalese). The other people with me enjoyed theirs, so maybe i got the only dud meal...and the steak i did sample was great. The lunch meal i had a few weeks back was great though, as were the potent deathtails i had! Just needs some time.

there are some new restaurants that have opened in the streets around the point, so the area is coming alive and choice is increasing. Try "Beside the point" in albert terrace, it looks great, going there for lunch later in the week. very chi chi modern

Any recent pics of the Spinnaker

those on the 26th of august are the most recent

was driving down Florida Rd yesterday & as you head towards Argyle Rd, just about nearing Cali hotel, you can see this one towering witht he crane on the side, it would make a great view on the clear day.

^^ cool. i also get a good view of it from the lighthouse in umhlanga and driving down armstrong avenue in la lucia. stands out nicely

Im liking this one very much indeed! Cant wait to take mia to ushaka!

http://i184.photobucket.com/albums/x31/Upington/871223300_b21c90a656_b.jpg

Nice one Upington :okay:

nice shot. we have not had many up here of that side of the building

Does anyone know when the cafe restaurants and shops around the canals in the point are due to open or is it all on a phased basis.Myself and family coming to Durban next march.

Great photo of spinnaker.i was wondering how the 2 liftshafts worked,as there is no clue from the otherside.Anyone know when the spire is going on.

I presume the spire will raise once all other finishing touches are nearing completion. Hand over is from end of October...

Regards shops on canals. The ones in the sails are expected to open in Dec and i presume others will follow suit. Villamora is opening in the Quays. I dont imagine many will be open until there is limited construction right next door to the eateries

thanks Dyson1

have a mate with a unit on the 21st floor. went up with hardies on last week and i'm impressed. good sizes, flippin good views of both the harbour/city and the coastline. Paid R2,5m for the unit, now can sell it for R4,2m...not bad. hold onto it tho and he'll make massive moola

yeh, point property is going up day by day! Next time you up there, take some pics bru ;)

have a mate with a unit on the 21st floor. went up with hardies on last week and i'm impressed. good sizes, flippin good views of both the harbour/city and the coastline. Paid R2,5m for the unit, now can sell it for R4,2m...not bad. hold onto it tho and he'll make massive moola

its value is only on paper and untill these start shifting at 4.2 or so then its a false economy. Reading the BOE and ABSA monthkly market survey on SA property, I belive we are in for a period of more suppy than demend , rising intrest rates and falling rentals along with longer times to shift high end properties and potentailly a nett drop in values to compensate.

Dont doubt its value , just doubt the market situation and know from our expoerience in selling property in Australai afetr a boom period that whats its worth and what you will get are 2 different figures

Analysts are saying its a buyers market now.

^^ and it will get more and more so. Certain top end units are however escaping the downfall as record prices being achieved in umhlanga, zimbali (a house just sold for R35m breaking the previous record of R29,5m) and clifton

true, but remember that is the very top of a sharply pointed pyramid.

I really dont see the HNWI buying 30mil appartments all the time, ie sale prices will always be beaten year after year purley on inflation figures alone but how many people in a country like Sa can afford R42 000 a month bond repayemnst (at a basic 10%) after tax and still live ie food, utilities, car etc.

This guy must be on R100 000+ a month ie R1,2mil salary a year.

Makes you think

jerome how is it looking from your window?

Any recent photos of the spinnaker

Congrats on Rugby you were the best team,Maybe Ireland will win soccer world cup in 2010!!

lol, you never know.

Sunday Tribunes property section had a picture of this place on the front page & could clearly see the yellow balcony's at the top.

Dbn's Spinnaker set to sail
2007/10/26

The Spinnaker, the tallest building on the Durban Point Waterfront, has been the cause for a lot of interest in the past five years.

It has been materialising into a strong calling card for local as well as foreign tourism and investment, set against early projections that will see the Point Precinct receiving R3bn.

Since the release of phase one by the Durban Point Development Company (DPDC) in 2002 and 2003, Property24 last covered the story of the Spinnaker development a year ago. At that time Ross Construction was approximately halfway through construction, having admittedly suffered a few setbacks.

Nevertheless, apartments have since been snapped-up, with 15 of the initial 91 apartments still available for sale, as well as two of the ten office suites. The Spinnaker's apartment owners and investors should see occupancy by the end of the year.

The Durban Point Waterfront includes uShaka Marine World. The Durban Point Waterfront is owned by the Durban Point Development Company (DPDC) (Pty) Ltd, whilst uShaka is owned by the Durban Marine Theme Park (Pty).

Rivaling the world renowned V&A Waterfront in Cape Town, it is estimated that the Point Waterfront will contribute a healthy R1,2bn per annum towards South Africa's gross domestic product (GDP). In addition, 5,600 construction jobs and 6,300 permanent jobs will be created, placing increasing demands on the immediate environment and infrastructure, identified by DPDC and the City of Durban who have pooled together R460m to facilitate the necessary upgrades.

From an investor point of view, the Spinnaker offers competitive prices when compared to similar developments like the V&A Waterfront and Umhlanga Rocks. Still in its infancy, the Spinnaker is a truly investment orientated product, and priced competitively at an average of R11k/sq m, according to Hugo La Reservee of Apartment Box, and rates are still lower than the average R16/sq m for the entire Point Waterfront area.

Furthermore, Gareth Quin of Apartment Box adds that "the majority of buyers at The Spinnaker are wealthy individuals who appreciate that the Point is a slightly longer term investment and they are not in a hurry to offload". Six units have thus far been put up for re-sale upon transfer of the project early next year and Quin says: "We have seen an approximate 25% appreciation since the launch."

The soon-to-be-released phase two will see higher prices than those previously listed for phase one. According to Apartment Box this is a result of natural land appreciation and 23,1% building cost inflation.

Today, the DPDC looks forward to the launch of phase two comprising the 375,000sq m developable bulk land still available. However, this release is still dependent on the outcome of the Environmental Impact Assessment (EIA) still being carried out by the Department of Agriculture and Environmental Affairs. - James Monteiro

....loved it...

http://i184.photobucket.com/albums/x31/Upington/Oct2007/P1010280.jpg

Thanks for the updated picture. Damn this is looking GREAT!
Any news on Shakas gate? Is it going to be directly infront of this?

....yes, there is a little sales caravan in the parking lot for Shaka's in front of this one....the lady there says its going in that lot...here is an angle from Ushaka...

http://i184.photobucket.com/albums/x31/Upington/Oct2007/P1010247.jpg


http://i184.photobucket.com/albums/x31/Upington/Oct2007/P1010248.jpg

lovely pics Upington, thanx alot.

was at ushaka on wednesday. quite a bold building. pity about the one side that looks so bland. from the front it is amazing. from the back and the side... not so nice. ushaka was pumping, even on a wednesday with horrible weather. a bit frustrating because there are too many people in the aquarium to move around... but glad for them. the place rocks!

look at the side of this building... it seems terribly neglected. Plus, the other high-rises need to come on now - she looks like a pregnant refugee running through a desert! But overall, amazing building, especially when seen from Ushaka. and they demolished the base of what was to be the raphael. Why? That was a lovely art deco treasure, and now it is gone with no construction going on?

my pic...
http://i198.photobucket.com/albums/aa259/granova/DSC00753.jpg

I also absolutely hate the base of this building. but those corner apartments make up for it. despite a few minor irritations with its design, still a pretty addition to an increasingly vibey area.

look at the side of this building... it seems terribly neglected. Plus, the other high-rises need to come on now - she looks like a pregnant refugee running through a desert! But overall, amazing building, especially when seen from Ushaka. and they demolished the base of what was to be the raphael. Why? That was a lovely art deco treasure, and now it is gone with no construction going on?

The solid wall is there on purpose, for the site next door has rights to be the same height as the Spinakker (it is the site for the new commercial listed as "new point tower" here on ssc. As they will abutt, you cant have wondows or anything on that side

yeh its pointless having features on the side when another building is going to block the beauty of it. With regards to the base, with Shaka's gate taking up Ushaka's parking, the area needs more parkades, so this ones wont hurt the area, they could have done a better job making it look more appealing, but hey its a parking lot?

I thought that might be the case (a connecting building). Point is really gathering momentum now, and I am glad that all the negative people will soon be silenced.

^^ if some of the buildings went up quicker we would have silenced the critics a while back! lets hope all pushes thru quicker now.

Spinnaker at dusk...

http://i216.photobucket.com/albums/cc160/ja65sin/ESC007a.jpg

She looks lonely. (Lonely and pregnant. :lol:)

Pretty picture!

^^She needs a partner......but shes all ready pregant so I wonder who did it, lmao

I agree but will look great when some other builings are completed over next 18 months.All of that infrastructure will transform the landscape as it begins to blend and the finished product becomes visible.Shakas gate will eventually disguise/hide the ugliness of the car park.I like the photo

Looking beautiful!

http://i55.photobucket.com/albums/g160/amgosai/DSC07481Large.jpg

http://i55.photobucket.com/albums/g160/amgosai/DSC07683Large.jpg

it is indeed, i just really dislike the red on the bottom parkade floors!!

Really has a great presence in the first pic

It does, & looks more spectacular from inside Ushaka

http://i31.tinypic.com/2hzth7d.jpg

^^ love that shot DB. i seriously need to get out and about with my camera again, it has been too long

Jerome u live so close to this one, how many lights are on in it at night??

Wats the occupancy rate?

I like it. I like the whole area, very cool.......

What a colourful shot!! i love the colour change up the side of the building

http://www.panoramio.com/photos/original/9337395.jpg

Dysan this is awsome! Any news on more buildings going up next door to it? pleeeeese tell us..

sadly i have no more info. i did see new boards up for another new development next to harbour terraces, called Harbourside. looks rather nice and is a new development, but cant find any info on it anywhere

From the sea

http://cache2.asset-cache.net/xc/79588912.jpg?v=1&c=NewsMaker&k=2&d=213E823DC5C99C13BAF3D07C6CC690AAE30A760B0D811297

*sigh* if only that was a high res image

Thanks for the pic mate. Shame she looks so lonely by her self there:( I take is Shakas Gate that should be infront of it has been scrapped.. Little has come out of this and the many emails i have sent PWR have never been replied to.

@Dysan1, this Harbourside you talk of, does it look hi-rise from the board and where exactly is it?

http://www.panoramio.com/photos/original/9337395.jpg

Great looking structure. Looks almost Dubai-ish in design

Thanks for the pic mate. Shame she looks so lonely by her self there:( I take is Shakas Gate that should be infront of it has been scrapped.. Little has come out of this and the many emails i have sent PWR have never been replied to.

@Dysan1, this Harbourside you talk of, does it look hi-rise from the board and where exactly is it?

Well we have a flat in Shaka's gate and we get monthly mails to apologise and assure us that all is going ahead...i chatted to them and the hold up is still ushaka having court proceedings against them for they dont want to lose the parking. not nice. the project is ready and could go 2 weeks after go is finally given, but its in the courts sadly...

Harbourside looks about 7-8F with views of the port (duh :)) It is on point/mahatma ghandi road, adjacent to Harbourview terraces and heritage square

^^ thanks for the update mate. In a way good news but bad news for you, you'll have to wait abit long before you can enjoy your new apartment. If the they get the go-ahead in the next few weeks, will they be ready before 2010? Eish i hope so but not holding my breath.

Thanks mate, ill see what i can find out with this new harbour side. Please let us know any news you hear with regards to Shakas gate.

Dbn penthouse on market at R14,5m
2008/07/27

A penthouse apartment occupying the top two floors of a landmark Durban development is on the market at R14,5m.

Comprising 481sq m plus another 345sq m of terrace space to the north, south, east and west, the luxury penthouse apartment has panoramic 360 degree views across the port, the city of Durban, Indian Ocean, Durban's Golden Mile to the north and the KwaZulu-Natal coastline beyond, says Taryn Muller who heads up the commercial, industrial and developments division of Pam Golding Properties' (PGP) Durban operation.

"Occupying the entire 26th and 27th floors of the The Spinnaker, the penthouse affords a dramatic stepped roof profile and expansive covered terraces. The configuration of the apartment and finishes can be completed to the client's specifications," says Muller.

The Spinnaker comprises a total of 91 spacious luxury apartments and penthouses and 14 office suites above a podium accommodating high grade showrooms and parking.

Currently approximately 10 residential apartments remain available for purchase, ranging in size from 98 to 150sq m in size plus terraces of varying sizes from 20 to 67q m, and priced between R1,75m and R2,65m.

Within the commercial component, several retail shops and the corner showroom remain available for purchase. The shops range in size from 90 to 650sq m and are priced between R1,1m and R9,5m, and the showroom is 640sq m in size and priced at R10m. Offices are between 65 and 276sq m in size and priced from R845k.

The Spinnaker has state-of-the-art security with CCTV and 24 hour security, including a guard in the lobby and intercom access for all units.

For more information contact Taryn Muller on 031 313 7300 or send an email.

she still looks pretty lonely... And with the current residential slump we probably wont see any neighbours soon.

^^ except for the commercial tower which is also a bit slow in moving along

they need to keep the heat going in the point. This is such an amazing area. Unfortunately you don't hear about it enough. We need people to talk about it!

they need to keep the heat going in the point. This is such an amazing area. Unfortunately you don't hear about it enough. We need people to talk about it!

This is the issue i have been raising - No one knows that the Point actually exists.

Their concept: "Guys lets build multi-million rand, beautiful developments and redefine the area for ever but, hehe, lets keep it one big seceret and tell nobody, hehe"

^^ sorry couldnt resist but thats how i feel they have marketed the area.

^^ that's what was said before. Maybe those who are running the show in Umhlanga can be transfered to the Point.

^^ those running the show in umhlanga (Tongaat developments) used to run the initial show in the point. They passed the batton onto metallon properties...people with no track record. kinda floundered ever since

^^ Sad indeed but I still put the blame on ill-management by Sutcliffe and his team. If people don't deliver they have to be fired, why don't they fire all those who doesn't deliver? Bring back Tongaat and see the Point grow to its full potential.

The situation in Durban is very saddening. Even though its nice to see al those projects in Umhlanga, I still say it would be nice and eye catching to have developments going in Durban CBD.

I always keep on asking myself as to how to all those corrupt leaders like Mugabe feel when they visit the likes of London, Paris etc and seeing people living a good life in those nice cities. Do they ever think back and say I need to do something when I get back home so that I can see my cities looking better?

I'm using Syd's pics cause thier hosting website is not blocked here.

What do the the likes fo Sutcliffe say when they see coastal city like this ones. Don't they want to look like them or even better?

http://www.pbase.com/enigma35/image/73550910.jpg

http://www.pbase.com/enigma35/image/73470320.jpg

http://www.pbase.com/enigma35/image/73704048.jpg

http://www.pbase.com/enigma35/image/73704051.jpg

http://www.pbase.com/enigma35/image/100243793.jpg

I don't know, may be I'm too ambitious but IMO Durban can be a great city if its run by people with good management and business skills.

They need to take things slowley Pule, the problem with them is they trying to do too many things at once & forgetting about the basic things that need attention.

^^ how stupid can they be? I still believe that Jozi took a good approach by looking for investors to refurb the delapidated builings and that's exactly what Durbs should have been doing and the seriousness, investment in upgrading green spaces and landscape, of the city council will automatically attract developers to the Point.

I think this looks like a giant airconditioner or something... some type of machinery. It's so... Norman Foster.

wtf?

durban it's a great city!!!

At under R10 000.00 sqm. must be the best value new high rise development in KZN. The views over the ocean and harbor are un-beatable.
But like the rest of the Pint Waterfront residental it is stagnent