Hotel + Apartments
SourceConstruction on the N$400 million Waterfront development, which is expected to provide upmarket residential and business opportunities for the coastal town of Swakopmund, has started.
After a stand-still of a couple of years, the main role players of La Mer, Namibia Construction (builders of the project) as well as Safari Investment Namibia (owners of the La Mer property) and the developers, Windhoek Consulting Engineers, have started with the civil works on the project, which they hope to complete within 22 weeks.
The civil works comprises of three separate components, according to Dirk van der Merwe, from Windhoek Consulting Engineers. The first aspect of the contract is to build a platform; the second is to build a concrete retaining wall of about two meters in height, while the third phase is building a break-water and ski-water facility. The break-water facility will reach 200 metres into the ocean.
“Once the civil contract has been completed, the rest of the construction will follow,” says van der Merwe. He explains that the Waterfront will be home to a 16 000 square meter shopping centre, 29 luxurious residential units and a 100 bed hotel. The biggest clients in the shopping mall will allegedly be Checkers – with 2600 square meters – and Edcon, which is part of the Edgars Group – with 4400 square meters.
“The entire project will cost about N$400 million and we hope to be finished by the end of next year.”