The catalytic project concept was presented to members of the Economic Development and Planning Committee on Wednesday, however eThekwini spokesperson, Tozi Mthethwa, said no final decision has been made regarding the development.
“It is still in the proposal phase. A consultation process with affected communities and stakeholders is expected to begin next week and will continue over a number of weeks and months before the proposal is ultimately tabled at the Executive Committee,” she said.
The proposal was made by the Durban Tower Development Company, a private company specifically incorporated for this project.
According to Mthethwa, the aim of the iconic tower would be to create another globally recognised icon for the City of Durban. It would serve as another potential catalyst for future large scale developments within the Durban Inner City.
If approved, the building is expected to be 370 metres high and approximately 88 storeys, which would make it the tallest building in Africa and in the Southern Hemisphere.
