Beachwood Lifestyle Estate
Project description
The Beachwood property size is approximately 430 333 m² and this includes almost 120 000 m² of coastal dunes and mangrove forests. The property is strategically placed and is close to the Kingsmead Sporting Precinct, Umhlanga Rocks, the Durban Central Business District, Durban Harbour and the N2 Freeway.
The vision of the Developers (Edstan Group of Companies) is to provide the first 7-star feet-in-the-sand dining contemporary urban resort in South Africa, nestled into a truly remarkable luxury housing estate with indigenous tree-lined boulevards.
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- Investment value: R4-billion
- Sources of funding: Private and Public
Incentives available
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- Will be determined as per the Economic Incentive Development Policy.
No. of jobs to be created
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- An estimated 1500 temporary jobs and 2500 permanent jobs will be created.
Project Status¹
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- Pre-implementation.
Regulatory requirements of the project
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- Submission of site framework plan and building plans.
Unblocking issues needed to be resolved
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- Bulk infrastructure requirements and cost sharing.
Partnerships
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- Public/Private.
Opportunities
Enormous interest from Foreign Investors is anticipated due to the exclusive upmarket offerings. This urban resort will create high-end standards of living by offering sophisticated dining, boutique health spa treatments, health & fitness centre, exquisite atmosphere & pool-side leisure, laundry services, cleaning services, chauffeur services, access to worldwide TV channels and state-of-the-art information technology services.
Contact the project team:
Potential investors interested in this project are encouraged to contact the project team:
¹ At time of publication (2024). For further updates, please contact the project team.
