Oceans Umhlanga
Project description
The Oceans project is located in Umhlanga Rocks, KwaZulu-Natal. Oceans Umhlanga (Pty) Ltd are the private developers of the Oceans uMhlanga development. The project is a mixed-use development consisting of the Raddison Blu Hotel, a retail mall and 600 apartments.
Investment value
- R4.2-billion
Sources of funding
- eThekwini Municipality
- Oceans Umhlanga (Pty) Ltd
Incentives available
- Rates Rebate
- 70% City contribution on roads and PTF
No. of jobs to be created
- Youth – 25 875
- Women – 17 250
- Disabled – 690
Project Status¹
- Implementation Stage
Regulatory requirements of the project:
- SPLUMA
- EIA
- PPPFA
- MFMA
- Health and Safety
Unblocking issues needed to be resolved:
Phase 1: Road upgrades
- Roadworks and PTF (temp bus and taxi) – June 2024
- Temp. PTF extension – Jan 2024
- Trader shelters – Feb 2024
- PTF stakeholder engagement – Feb Jan 2024
- Temp PTF solution – Feb 2024
- Temp holding implementation – June 2024
Phase 2: PTF (Ranking & Holding)
- Stakeholder engagements – Feb 2024
- Statutory approvals – March 2024
- Design – April 2024
- PTF SPLUMA approval – May 2024
- Procurement of service provider – May 2024
- PTF solution implementation – July 24–June 2025
Partnerships
- eThekwini Municipality & Oceans Umhlanga (Pty) Ltd
Contact the project team:
Interested parties are encouraged to contact the project team with a brief introduction:
¹ At time of publication (2024). For further updates, please contact the project team.