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Old September 13th, 2006, 07:50 PM   #1
Mosi-oa-Tunya
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#Furstenburg Grand-Residential-5F-East London

Name: Furstenburg Grand
Use: Residential
Floors: 5F
Status: Proposed. Construction due to start mid-January 2007
Location: East London, Nahoon Mouth area

The Property Magazine

EAST LONDON CELEBRATES THE FUTURE AT THE FURSTENBURG GRAND

August 2006, Cape Town; The Nahoon Mouth area of East London is set to be the site of a chic, upmarket apartment complex called The Furstenburg Grand. The residential development will be built on a footprint of 1377.50 m2 in an outstanding location, which lends itself to the best in ultra-modern living. The Furstenberg Grand is unlike anything East London has ever seen and is certain to be a hot property for those wishing to live the optimum secure lifestyle with high tech modern finishes of international quality.

There are 67 two-bedroomed, open plan units in the complex. High speed lifts carry residents to their homes and a 24 hour security and concierge desk ensures convenience and total peace of mind. The building is further enhanced by a climate-controlled glass atrium. Developer Grant Furstenburg points out that this sort of development is already driving architectural trends on the landscapes of cities such as Cape Town, Johannesburg and Durban. “This kind of project is very costly to realise and the resultant price tag will reflect that. I think that local developers have been wary of outlaying this sort of capital in the East London area, in the fear that there is no market to support it. I feel, however that the timing of The Furstenburg Grand is perfect and I know that East London is ready to see something of an international standard, and pay the price for it too.”

Property agents, RE/MAX agree. “We have had enormous interest from the public, and this even before the official, Saturday 19 August 2006 launch date. It is wonderful to be involved in such an aspirational project. We think it will be a hottest property on the East London map”, says Anne Chegwidden of RE/MAX Sunshine Coast. Construction of The Furstenburg Grand is due to begin in mid-January of 2007. Prices begin at R 1, 300 000 and migrate to R 1, 730 000.

Last edited by Mosi-oa-Tunya; December 29th, 2006 at 08:03 PM.
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Old September 22nd, 2006, 11:35 PM   #2
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Grand Complex Set In East London - 2006/09/14



East London, the Nahoon Mouth area, is set to be the site of a chic, upmarket apartment complex. The residential development will be built in an outstanding location, which lends itself to the best in ultra-modern living.

The Furstenberg Grand is unlike anything East London has ever seen and is certain to be a hot property for those wishing to live the optimum secure lifestyle with high tech modern finishes of international quality.

There are 67 two-bedroomed, open plan units in the complex. High speed lifts carry residents to their homes and a 24 hour security and concierge desk ensures convenience.

The building is further enhanced by a climate-controlled glass atrium. Developer Grant Furstenburg points out that this sort of development is already driving architectural trends on the landscapes of cities such as Cape Town, Johannesburg and Durban.

"This kind of project is very costly to realise and the resultant price tag will reflect that. I think that local developers have been wary of outlaying this sort of capital in the East London area, in the fear that there is no market to support it. I feel, however that the timing of The Furstenburg Grand is perfect and I know that East London is ready to see something of an international standard, and pay the price for it too."

Property agents, RE/MAX agree. "We have had enormous interest from the public, and this even before the official launch date. It is wonderful to be involved in such an aspirational project. We think it will be a hottest property on the East London map", says Anne Chegwidden of RE/MAX Sunshine Coast.

Construction of The Furstenburg Grand is due to begin in mid-January of 2007. Prices begin at R 1, 3m and migrate to R 1, 7m.

Last edited by Mosi-oa-Tunya; December 29th, 2006 at 07:58 PM.
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Old December 29th, 2006, 08:01 PM   #3
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More Images of Furstenburg Grand - Nahoon Beach





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Old March 20th, 2009, 07:18 PM   #4
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Daily Dispatch

Ready for a Grand showdown



THE GRAND PROJECT: A costly development which is taking place on the site of the old Dolphin Hotel. Picture: NIGEL LOUW

2009/02/05

A SHOWDOWN is looming between a local property developer and its main contractor at the multi-million rand Furstenburg Grand development in Nahoon.

The contractor claimed delays at the site were due to non-payment – a claim disputed by the developer.

An AB Construction employee approached the Daily Dispatch yesterday claiming Furstenburg Developers had not paid the contractor for about two months.

AB Construction is the main contractor at the development on the old Dolphin Hotel site. The hotel was demolished in May 2007 to make way for 67 upmarket apartments expected to sell at over R1.3m.

Acting on behalf of AB Construction, attorney Peter Allam of Allam’s Attorneys confirmed there was a financial dispute between Furstenburg and AB Construction’s Alistair Abrahams.

“The two parties are quarrelling at the moment,” he said, adding that workers were also “not happy” with armed security guards placed on site.

A construction worker at the site, who did not want to be named, said they had not been paid since the end of November.

“We’re not being paid here and we are just not coping,” he said. “I’ve been persevering for so long but I have children to feed.”

Furstenburg Developers hit back saying they could prove that all money owed to AB Construction had been paid.

When contacted to inform him of this, Allam was not available and did not return calls to the Dispatch.

Grant Furstenburg – in the presence of his attorney, Johannes Schoeman of Gravett Schoeman Van Rensburg Moodley – provided the Dispatch with documents showing the last two payments made to AB Construction over the past two months.

The payments were reflected on electronic funds transfer statements dated December 24, 2008, and January 5, 2009. The statements reflected R536 928.25 and R123 127.71 respectively.

“Where money has been due to them, they have been paid in full … in fact, I may have overpaid them,” Furstenburg said.

He said since AB Construction started work almost two years ago, they had paid about R11.5m. Construction started at the end of 2007 and was meant to take about 18months to complete.

Schoeman said AB Construction’s actions may have something to do with the fact that they had been given only two months to complete construction on the project and also with the claims that deadlines had been perpetually extended to suit them.

“AB Construction or no AB Construction, the building must be complete by the end of March,” Schoeman said.

When the Dispatch visited the site yesterday, only about six workers were present.

“It will take a team of about 300 to complete the building,” Furstenburg said. - By ASA SOKOPO

Last edited by Die Kapenaar; March 20th, 2009 at 07:41 PM.
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Old March 20th, 2009, 07:39 PM   #5
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Daily Dispatch

Landmark Nahoon hotel bites the dust

By NICOLETTE SCROOBY

Leisure Reporter

DEMOLITION of East London’s landmark Dolphin Hotel started yesterday to make space for a modern luxury apartment block.

As the front-end loaders moved in, developer Grant Furstenburg celebrated, saying he had been waiting for “almost a year for this day”.

“I’m very excited, there have been many obstacles and challenges, but to stand here today and see the start of the development coming together is exciting.

“There has been a bit of uncertainty about the development, but when the new structure goes up people will be wowed,” Furstenburg promised.

He had initially planned to demolish the hotel by imploding the building at night in a spectacular event with a light show.

But yesterday he said that after consulting with engineers, they decided it would not be safe for the surrounding buildings as they did not know how structurally sound they were.

“People in East London don’t seem to like change, but it has to happen.

“Structures go down and bigger ones come up,” Furstenburg added.

Local resident Simon Kirk yesterday said he was upset to see the Dolphin go.

He first started going to the hotel 23 years ago.

“The demise of the hotel started when the dress code changed, the pool tables were removed and finally ended with the demolition of the hotel,” said Kirk.

“It’s an absolute disaster, it should never have been allowed.

“The hotel is part of Nahoon heritage,” he said.

It will take about 21 days to complete the demolition process, after which construction of the Furstenburg Grand’s 67 apartments will start.

Furstenburg said he did not expect there would be major dust concern issues for neighbours.

“We are trying to do everything we can to keep concerned neighbours happy.”

He invited people who were curious to come and watch the hotel being demolished, but advised them to keep a safe distance.

Three-quarters of the luxury apartments in the proposed Furstenburg Grand building have been snapped up. It should take between 15 and 18 months to complete construction.

Furstenburg recognised that some people were disappointed to see the old building go.

“But I am sure their perceptions will change,” he said.
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Old March 20th, 2009, 07:42 PM   #6
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Daily Dispatch

Upmarket luxury for Nahoon

By TOM MAPHAM

A FLASHY five-storey building of luxury apartments is planned to replace the Dolphin Hotel at Nahoon Mouth.

Developer Grant Furstenburg wants to tear down the old hotel and replace it with a hi-tech residence where glass elevators will take wealthy residents to their swanky pads.

“Until now East London has been left behind by the glamour race, but we see an opportunity in bigger, flashier buildings,” he said.

This building, to be named the Furstenburg Grand, is one of several multimillion-rand developments on the cards for East London.

Estate agent and Border-Kei Chamber of Business president, Hanlie Bassingthwaite, said there was a market for up-market apartments.

“East London is behind other centres in terms of high-rise beachfront developments, I’m not sure if it’s ready for (Cape Town’s) Victoria and Alfred Waterfront prices,” she said.

The Grand will raise the bar in East London’s property market, with prices for the semi-furnished, two bedroom apartments starting at around R1,3 million.

It will be a flagship for Furstenburg Property Development, the company is currently working on a 56-unit cluster home development in Stirling suburb, called Furstenburg Terrace.

Residents of the Grand’s 67 apartments will enjoy tight security, with two levels of underground parking and a 24-hour concierge on hand in the building’s lobby.

“The apartments are aimed at wealthy individuals who can handle interest rate hikes, people looking for luxury without the headache of maintaining a large property.”

The rugby-ball shaped building will house 67 units of equal size, and one 150m² top-floor penthouse which the developer will keep.

Absa Bank has agreed to finance the project, and RE/MAX Sunshine Coast will manage the marketing and sales of units.

The agency’s Anne Chegwidden said a national advertising campaign targeting buyers would be launched within weeks.

Furstenburg said the company needed to pre-sell 75 percent of the units before it would start work, beginning with demolishing the old hotel.

“If possible I would like to implode it,” said Furstenburg, who counts American developer, businessman and personality Donald Trump, as a role model.

Furstenburg said transfer of the land would take place in two to three months’ time.

The current owner, Glen Johnson was philosophical about the sale and possible destruction of the current building.

“I’m not one of those people who live in the past, things must change,” he said.
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Old March 20th, 2009, 07:42 PM   #7
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Daily Dispatch

THE CHIEL

A gleaming behemoth

THE Dolphin Hotel, once the gracious lady of Nahoon Mouth, is to be demolished with a phoenix rising from the ashes.

That’s the idea and we’re going to see it happen soon according to developer Grant Furstenburg. But not all are happy about it despite objections being withdrawn.

“Did you read the estate agent’s ad (Saturday Property, December 23) for the ‘gleaming behemoth’ which will supposedly soon be replacing the grand old Dolphin?” asks John McConnachie of Grahamstown. (I did.) “Do you think they know what a ‘behemoth’ is? According to the Oxford Dictionary it is ‘an enormous creature or thing’ and derives from the Hebrew word meaning ‘monstrous beast’.

“Are Nahoon residents meant to feel re-assured? If I was one I’d be selling and moving out or at least doing everything possible to oppose the demolition of one of EL’s last remaining buildings of character and its replacement by a glass and steel monster.”

And he adds: “Save the dolphins and the Dolphin!”

Yes, it is a sad time for many of us who grew up there, made many, many good friends and enjoyed a few lagers at The Fin, as the public bar was later named.

I agree, the gleaming behemoth appears out of character, however according to the ad, units are selling fast which may just be sales hype to nudge wavering buyers into signing on the dotted line.

Not so, Grant told me yesterday. Just two or three to have bonds approved and it’s ‘A’ for away. He acknowledged there had been some resistance but it was time to go ahead in the next month or two.

Grant, 32, an East Londoner and product of Selborne College, is the sole owner of Furstenburg Property Development.

“If I have a vision I want to be the sole decision maker,” he said. He has great confidence in the city’s future and feels the time is ripe here to target the luxury end of the property market.

Most buyers for this venture are from EL, with a smattering from Durban, Cape Town and Johannesburg. Their profile is retired couples downsizing, some who want close-up-and-go homes, singles and yuppies who “have made it”.

There will be 67 units covering five levels starting at R1,3 million each. “But R23000/m² sounds a bit steep,” I said, “and 83m² a unit sounds tiny.”

He didn’t believe either to be true. “The perception may be small, but there will be a lot of glass, high-spec finishes and contract-wise costs will be high. I’d rather pay that sort of money for something fabulous than R10000 for mediocrity,” he added. “Every unit has a different view.”

“And what about the name, Furstenburg Grand?” I asked. “It hardly slides off the tongue and seems a bit pretentious. Not quite in the Trump Towers category.”

He laughed. “My aim is to build a brand associated with my surname with future development in mind.”

Well John, times they change. Saving the old Dolphin looks like a lost cause. Its fate is practically sealed.

Chiel: 043 702 2242 or chiel@dispatch.co.za
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Old March 20th, 2009, 08:02 PM   #8
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Old March 21st, 2009, 12:23 PM   #9
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Interesting shape.
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Old March 21st, 2009, 01:55 PM   #10
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Those red-roofed things behind it are fail.
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Old March 22nd, 2009, 10:41 PM   #11
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Construction is coming along nicely. I was in the area last week, but didn't get to take any pics though.
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Old March 23rd, 2009, 05:27 AM   #12
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Sa architects are so ameteurish in their renders , they cant even get the angles right, 2nd last picture looks like the building is falling down. also the 2 guys in that picture are about 1mm thick, its been lifted of a 2D drawing and tring to make things seem 3D
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Old March 23rd, 2009, 09:44 AM   #13
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Nahoon beach is freeken awesome, it needs a place like this

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Originally Posted by SA BOY View Post
Sa architects are so ameteurish in their renders , they cant even get the angles right, 2nd last picture looks like the building is falling down. also the 2 guys in that picture are about 1mm thick, its been lifted of a 2D drawing and tring to make things seem 3D
lol, I give them credit for not using sketchup
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Old March 24th, 2009, 08:53 PM   #14
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Originally Posted by mikey67 View Post
Construction is coming along nicely. I was in the area last week, but didn't get to take any pics though.
Have you gone by the new Emonti/Cascades Apartment Hotel and Convention Centre complex adjacent to the Regent Hotel in EL to see what's going on there?
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Old March 25th, 2009, 10:37 AM   #15
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Originally Posted by Die Kapenaar View Post
Have you gone by the new Emonti/Cascades Apartment Hotel and Convention Centre complex adjacent to the Regent Hotel in EL to see what's going on there?
Yes I did, and it's looking good. It should be done in a few months I imagine.

The Hemmingways Mall development adjacent to the casino is due to open late 2009. Other developments I noticed was a new wholesale retail centre going up next to the Beacon Bay Retail Park, as well as the new hospital in Beacon Bay (overlooking the N2).

Sorry I didn't get pics, but the visit was a bit of a rush to say goodbye to the family before I move to the UK next week.
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