Durban Iconic Tower

  • Catalytic Project: Category B (projects in preparation)

Project description

The Durban Iconic Tower will be the tallest building in the southern hemisphere, located on a world championship golf course, positioned strategically between an Olympic stadium and the warm Indian Ocean, at a primary point of entry into the City of Durban.

Socio-economic benefits

  • Investment value: R7.3-billion
  • Rates: R35 – R100-million per annum
  • Jobs: 5 000
  • Other: Tourist attraction
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Location map

Project status*

  • Not yet formally put to the market.
  • Durban Tower Development Company (DTDC) has expressions of interest from prospective developers.
  • Atterbury Properties, one of SA successful property development companies, has expressed interest.

Key issues / challenges

  • Decision around bid process for land release
  • Potential infrastructure upgrade requirements
  • Relocation of NMR and commitments and approvals from relevant line departments

*As at March 2017

Contact / enquire

For the most current update on opportunities, project progress, outstanding actions and investment requirements, please contact Invest Durban.