daily menu » rate the banner | guess the city | one on oneforums map | privacy policy (aug.2, 2013) | DMCA policy | flipboard magazine

Go Back   SkyscraperCity > Continental Forums > Africa > Southern Africa > South Africa > Regional Development and Discussion > KwaZulu-Natal > Durban > Projects



Reply

 
Thread Tools
Old July 12th, 2008, 04:39 PM   #1
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

#Heritage Quay - Mixed Use - 5F - Durban Point









NAME: Heritage Quay
LOCATION: Durban Point Waterfront
STATUS: Proposed
FLOORS:5F
HEIGHT: ?
USE: Mixed (Hotel, Shops, Residential)

"Heritage Quay Apartments and Heritage Quay Hotel are positioned amongst restaurants and shops along the canals. This offers not only convenience, but an exciting and stimulating environment to live in. These single bedroom apartments exude gritty contemporary industrial character whilst offering the ultimate in modern convenience and state of the art technology. This is the essence of what waterfront living - with modern day amenities and secure parking immediately accessible within the development."

*1 bedroom residential apartments
*All with canal views
*Outdoor public spaces
Starting from R 795,000-00.

*1 bed studio suits
*All with canal or harbour views
*Hotel operated by Three Cities Hotel Group Ltd
*Owners entitled to 30 free nights in their unit per calendar year
Starting from R 635,000-00.
Retail and Office spaces
Starting from R 975,000-00
Luf no está en línea   Reply With Quote

Sponsored Links
 
Old July 12th, 2008, 05:10 PM   #2
Durbsboi
East Coast Massiv
 
Durbsboi's Avatar
 
Join Date: Dec 2005
Location: Durban
Posts: 16,466
Likes (Received): 29

wtf, when did this happen? are emmet & emmet still the architects on this job? I still got there plans lying in my office some where, but can garuntee you this wasnt there.
__________________
–ŭґطąמ
South Africa's Playground!



Bucket Facebook Page
Durbsboi no está en línea   Reply With Quote
Old July 12th, 2008, 05:11 PM   #3
dysan1
More development
 
dysan1's Avatar
 
Join Date: Dec 2004
Location: Durban, Singapore
Posts: 17,003
Likes (Received): 214

cool cool...so where is this in relation to Heritage square????
__________________
Have your own opinion
dysan1 no está en línea   Reply With Quote
Old July 12th, 2008, 05:12 PM   #4
dysan1
More development
 
dysan1's Avatar
 
Join Date: Dec 2004
Location: Durban, Singapore
Posts: 17,003
Likes (Received): 214

love the industrial steel and brick look
__________________
Have your own opinion
dysan1 no está en línea   Reply With Quote
Old July 12th, 2008, 05:20 PM   #5
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

Quote:
Originally Posted by dysan1 View Post
cool cool...so where is this in relation to Heritage square????
Its across the road - Heritage Square is on lot 3.7 and 3.8 - on Point Road.\

Norman F is the man to ask the questions - he is involved with this.

According to an email i recieved, Heritage Square should start construction in August - lets see if that happens though.
Luf no está en línea   Reply With Quote
Old July 12th, 2008, 05:22 PM   #6
dysan1
More development
 
dysan1's Avatar
 
Join Date: Dec 2004
Location: Durban, Singapore
Posts: 17,003
Likes (Received): 214

Interesting, there has been no info on this in the press at all which is wierd.

other thing is that its the same developer and all as Heritage square. Will the two hotels be linked or will they be two separate entities??

PS where did ya get the pics? thanx for posting mate, good to see some more projects, i will feel better tho when they are rising
__________________
Have your own opinion
dysan1 no está en línea   Reply With Quote
Old July 13th, 2008, 01:12 AM   #7
SYDNEY
MELBOURNE
 
SYDNEY's Avatar
 
Join Date: Nov 2003
Posts: 26,690
Likes (Received): 3411

Very, very nice ... Cape Town does the Industrial-chic look so well I would love to see the finished product.
__________________
SYDNEY no está en línea   Reply With Quote
Old July 13th, 2008, 08:34 AM   #8
NORMAN F
Registered User
 
Join Date: Apr 2008
Location: DURBAN
Posts: 46
Likes (Received): 0

Not launched yet, but not far away will keep you posted
NORMAN F no está en línea   Reply With Quote
Old July 13th, 2008, 06:31 PM   #9
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

Quote:
Originally Posted by NORMAN F View Post
Not launched yet, but not far away will keep you posted
Ah come on Norman im sure you can tell us a little more about the this development Pleeeeeeeeeeeez! Give us something mate, anything!

Are you guys going to be (responsible for) building the canal?
Is it all the same guys as Heritage Square?

Really excited about this - A new development for Point is going to be awsome plus the canal is being expanded - This is really going to compliment Heritage Square and the whole develpment.

Here some more pics:

This is the Hotel Component


Here is the residential Componet. One bedrooms (quite small) but really nice for a younger couple or just for a small holiday spot


BTW: A good mate of mine recieved this via email - I think his folks have bought at Heritage Square so he is on their mailing list - he pasted them on to me to put here.
Luf no está en línea   Reply With Quote
Old July 13th, 2008, 06:43 PM   #10
dysan1
More development
 
dysan1's Avatar
 
Join Date: Dec 2004
Location: Durban, Singapore
Posts: 17,003
Likes (Received): 214

greatn stuff mate...i am really liking this one...any idea on the size of this hotel and the size of the heritage square hotel?

The area needs hotels to open to start bringing it to life, as it is a proven fact that when hotels open their doors in an area it immediately starts coming life, alot quicker than residential apartments do.
__________________
Have your own opinion
dysan1 no está en línea   Reply With Quote
Old July 13th, 2008, 07:53 PM   #11
e22sky
Registered User
 
e22sky's Avatar
 
Join Date: Feb 2008
Location: porto alegre - BRAZIL
Posts: 4,930
Likes (Received): 57

good!
e22sky no está en línea   Reply With Quote
Old July 15th, 2008, 07:22 AM   #12
NORMAN F
Registered User
 
Join Date: Apr 2008
Location: DURBAN
Posts: 46
Likes (Received): 0

Still early days developer holding back launch as we still need a few sales in Heritage Square to reach trigger.

Suites still selling well dispite the general stagnation in The Point Waterfront and the credit crunch.

I put this down to the superior returns on hotel income as apposed to residential units, projections show a bond liquidation in year 10 with 10% equity.
NORMAN F no está en línea   Reply With Quote
Old July 15th, 2008, 09:33 AM   #13
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

Thanks Norm!
Please keep up us updated on both projects.
Luf no está en línea   Reply With Quote
Old July 15th, 2008, 09:46 AM   #14
Durbsboi
East Coast Massiv
 
Durbsboi's Avatar
 
Join Date: Dec 2005
Location: Durban
Posts: 16,466
Likes (Received): 29

Norm are you working on just this project? do you know whats going on with Heritage square?
__________________
–ŭґطąמ
South Africa's Playground!



Bucket Facebook Page
Durbsboi no está en línea   Reply With Quote
Old July 15th, 2008, 09:50 AM   #15
dysan1
More development
 
dysan1's Avatar
 
Join Date: Dec 2004
Location: Durban, Singapore
Posts: 17,003
Likes (Received): 214

yeh the VERY VERY long delays on heritage square do not fill one with confidence in the developer
__________________
Have your own opinion
dysan1 no está en línea   Reply With Quote
Old August 1st, 2008, 07:09 AM   #16
NORMAN F
Registered User
 
Join Date: Apr 2008
Location: DURBAN
Posts: 46
Likes (Received): 0

HERITAGE SQUARE ACCOMODATION RESTRUCTURED

Quote:
Originally Posted by Durbsboi View Post
Norm are you working on just this project? do you know whats going on with Heritage square?
The southern portion of Heritage Square has been designated phase two and possably a commercial element.

In phase one the loft suites on the Point Road side of the development have been scraped and replaced with smaller suites, this makes sence as the lofts were not moving and the demand for the smaller units strong.

The web site will be re-launched next week with the new floor plans

Last edited by NORMAN F; August 1st, 2008 at 07:11 AM. Reason: addition
NORMAN F no está en línea   Reply With Quote
Old August 1st, 2008, 10:18 AM   #17
Durbsboi
East Coast Massiv
 
Durbsboi's Avatar
 
Join Date: Dec 2005
Location: Durban
Posts: 16,466
Likes (Received): 29

cool, thanks for the info, any idea if emmet & emmet are still the architects?
__________________
–ŭґطąמ
South Africa's Playground!



Bucket Facebook Page
Durbsboi no está en línea   Reply With Quote
Old August 5th, 2008, 02:22 PM   #18
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

Norman - as all the appartments are one bedroom,
Is that not going to be difficult to sell?

Hows heritage square coming along? when we going to see ground breaking?
Luf no está en línea   Reply With Quote
Old August 8th, 2008, 12:11 PM   #19
NORMAN F
Registered User
 
Join Date: Apr 2008
Location: DURBAN
Posts: 46
Likes (Received): 0

HERITAGE SQUARE

Quote:
Originally Posted by Luf View Post
Norman - as all the appartments are one bedroom,
Is that not going to be difficult to sell?

Hows heritage square coming along? when we going to see ground breaking?
The two bedroom loft suites were not moving this is why we have restructured them into smaller suites.

The project is geared to income opportunities on a hotel revenue base, income should cover bond repayments and running costs, liquidating the bond in 9-10 years.

Where as rented residential units in the area require a substantial subsidy to cover bond and levy costs
NORMAN F no está en línea   Reply With Quote
Old August 8th, 2008, 12:16 PM   #20
Luf
the luf
 
Luf's Avatar
 
Join Date: Jun 2007
Location: Johannesburg
Posts: 791
Likes (Received): 0

thanks very interesting.

How have sales been in Heritage Quays?
I am sorry to tell you this but marketing is very poor. No press on it and not even a website?

Norman, Heritage Square: whats happening mate? You said you would break ground in August but has anything happened? I am very excited for this one!
Luf no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 08:22 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.2.5 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu