Had an email on this dev the other day but see its now moving in the press too.
Durban art deco building to be 'jewel of the city'
Durban's CBD is set for a dynamic revamp with one of its prominent buildings, Prefcor House, which houses Game, being turned into the "jewel of the city".
And this is expected to be the first of a number of buildings that will be revamped to include modern flats, turning the CBD into a suburb and not just a place to work.
Maxine Keet, the Durban operations director for urban regeneration company Propertuity, said the revamp of the building would stimulate development in the area, and fell in line with the eThekwini municipality's plans to regenerate the area.
It will be revamped into a modern block with one- and two-bedroom apartments, studio apartments and space for two penthouses.
There are also plans for a gym and restaurant.
There will be 115 apartments with units priced from R360 000.
The project is set to start in January with the apartments ready for occupation by September, said Keet.
Read more:
http://www.iolproperty.co.za/roller/news/entry/durban_art_deco_building_to