#V&A Waterfront - General

[SA BOY]

Originally Posted by SA BOY

james is a top bloke, I have met him a few times and he is british by birth but worked in SA for many years and his kids were born in SA so he knows the place well.
IFA are big hotel developers primarily and are big but not the biggest by a long shot.
Nakheel is the development arm of the dubai ports authority rebranded to be called dubai ports world. The biggest single shareholder is the dubai governmnet so read HH Sheikh mohamed

James actually went to DHS so he is a Durban boytjie

[Durbsboi]

Good stuff, Im sure these guys will add ALOT to the water front, now if Emaar can buy the Point, then we'll see some good competition

[Caisson Boy]

Originally Posted by mike2005

there are at least 5 tall buildings in the pipeline for blouberg so it is well on its way to becoming a high rise strip.

What are you talking about? What do you know that we don't? C'mon, boy, share your info with us!

[hsark]

yea four seasons what are the chances of the ct harbour turning into the one like new york in terms of function i mean it may be more viable to use the land for comercial and industrial purposes than industrial then we can just use another harbour

[SA BOY]

did someone say strip??? when ?where?

[Harkeb]

V&A Waterfront to get R7bn pizazz boost


By Tom Robbins

Cape Town - The V&A Waterfront, one of Cape Town's top tourist attractions, is set to get a cash injection of R7 billion that will place the already swanky centre firmly in the upper-class bracket.

Nakheel Hotels & Resorts chief executive James Wilson said the money would be in addition to the R7 billion that the new owners had paid to Transnet and its pension funds.

In September Nakheel sibling company Istithmar, UK property company London & Regional Properties and local black empowerment partners bought the V&A, announcing that they would bring an element of "pizazz" to the property. Only about half of the 603 000m2 property had been developed by Transnet.

Wilson did not say over what period the R7 billion investment would be made.

Nakheel and Istithmar are both owned by Dubai World, the developers of the 300 artificial islands, The World development, off the coast of Dubai.

Wilson said yesterday that Nakheel and London & Regional had begun updating the waterfront's master plan, following changes to travel and living trends. Nakheel had a vision of the V&A as an overall resort but that within this vision, two new resort hotels would probably be built.

Wilson said traditional resort hotels were sea-facing, and offered "fantastic" swimming pools and entertainment for young children, teenagers and adults. These resorts were vital to enticing tourists into longer stays than the present V&A average of two nights.

In total, Wilson expected an additional "five to 10 hotels" to be built, with the aim of having at least "one or two" ready for the 2010 soccer World Cup. This event was a "once in a lifetime" opportunity to market the country and connectivity between the V&A and the stadium in Green Point would be improved to take full advantage.

Wilson saw new markets for the V&A from the Middle East and new members of the black middle class who lived in Johannesburg.

Referring to empowerment, he said that as an outsider, "it is tremendous to see wealth moving into new hands".

He said the Clock Tower precinct at the city-side entrance of the V&A was a weak point in the complex. This precinct needed to make a statement, but instead, "you don't even know you are in the Waterfront when you enter it".

The new owners were looking at developing boutique hotels, as well as loft apartments and restaurants for Capetonians who wanted to live and work in the city. The linkage between the city and the Waterfront was poor and water transport along the existing canal and terrestrial transport, such as open trams, were needed, Wilson said.

Andre Stadler, the managing director of Catalyst Fund Managers, said the Dubai owners could generate additional revenue from the V&A by developing individual businesses, as opposed to simply "collecting the rent" as traditional property companies did.

[Harkeb]

This would be most awesome and fitting for the Waterfront...a Pier with amusement park, ala Brighton!

[Harkeb]

[makoppa]

Originally Posted by harberk

So does the Victoria and Albert (not Alfred) Waterfront cover all that area around the arms of the bay too, Harkerb?
It seems much larger in that pic than when I've been there.

[Caisson Boy]

Originally Posted by makoppa

So does the Victoria and Albert (not Alfred) Waterfront cover all that area around the arms of the bay too, Harkerb?
It seems much larger in that pic than when I've been there.

Makoppa, it IS Victoria and Alfred, not like the Victoria and Albert museum in London. Alfred was the son of Victoria (I think), not the husband.

[Harkeb]

Granger Bay, just left right of the picture is also part of the property (Victoria & Alfred Waterfront). Most activities are centred around the basin infront of the Shopping Mall and Robben Island Pier.

[makoppa]

Originally Posted by Caisson Boy

Makoppa, it IS Victoria and Alfred, not like the Victoria and Albert museum in London. Alfred was the son of Victoria (I think), not the husband.

Caisson- Google brings up both versions listed as applicable. I'm therefore confused... Alfred was indeed Vicki's son and was shot dead here in Sydney on one of the Northern Beaches. 'Seedyney' was once so rough they had walls around the main Parks to keep out the hordes of undesirables, but even those couldn't protect the Prince.

[SA BOY]

stayed in the Raddison in Granger bay and it was nice, great view and location

[Mo Rush]

Originally Posted by SA BOY

stayed in the Raddison in Granger bay and it was nice, great view and location

yes...pretty awesome views, some great panoramic shots if u had a camera with you

[SA BOY]

took some great shots but in 5 years on this site still cant add pics

[Mo Rush]

Originally Posted by SA BOY

took some great shots but in 5 years on this site still cant add pics

theres no better time to learn than the present...

[SA BOY]

too much traveling and i usally check these thhreads when Im in the lounge at the airports

[Caisson Boy]

Originally Posted by makoppa

Caisson- Google brings up both versions listed as applicable. I'm therefore confused... Alfred was indeed Vicki's son and was shot dead here in Sydney on one of the Northern Beaches. 'Seedyney' was once so rough they had walls around the main Parks to keep out the hordes of undesirables, but even those couldn't protect the Prince.

If you go to the official website, you'll see it is Alfred for the Waterfront, even though it is Albert for virtually everything else that is V&A.

http://www.waterfront.co.za

[smussuw]

The Dubai World and London & Regional Properties consortium yesterday announced plans to invest more than $1 billion in the V&A Waterfront over the next four years, following its successful purchase last month. Having paid $1 billion for the development in September the consortium has outlined a three-stage development strategy which will see improvements to the Waterfront starting immediately.

One of the first aims is to ensure that the V&A Waterfront is one of the highlights of the football World Cup taking place in South Africa in 2010. For this to occur, landscaping and beautification measures are to begin within the next six months. Details of the exciting vision were announced by James Wilson, Nakheel Hotels & resorts’ chief executive, in Cape Town. He said that the Waterfront will be a great project and one that will enhance both South Africa’s and Dubai World’s reputations.

“Our vision is to create the Riviera of South Africa, developing a resort that will become a global attraction,” he said. “We are bringing the resources, skills and expertise that have transformed Dubai to this exciting development, building on the strong foundations already in place. By partnering with world class brands and developers, we aim to take the Waterfront to the next level,” he added.

The bulk of the development, which will include hotels, entertainment zones, and possibly a cruise ship terminal, will be completed by 2010 ready for the global spectacle of football.

[Harkeb]

This thread should be merged with the V&A construction thread. Thanks