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Key Developments is a dynamic, established property consulting company specialising in providing a service for the management and development of a variety of property development projects in KwaZulu Natal. Key Developments provides its clients, who may be property owners, property developers or tenants, with the expertise to guide a project through the complex development process from concept through to building completion. |
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The Worx Zone |
Be a co-developer of the Worx Zone in the Umhlanga precinct.
The Building
Key Developments has assembled a 4500sqmt retail and commercial project strategically sited on the Umhlanga Boulevard which links the N2 freeway to Herrwood Drive.
Key Developments will enter into a contract with Devco to deliver a completed building on time and within budget.
This site is one of only two commercial sites that lie between the Umhlanga Boulevard and the suburb of Prestondale.
The Worx Zone will comprise of retail and/or offices on the ground floor and three floors of offices above.
The roof gardened multi storey parking garage will allow parking on the same level as the offices.
Co-Developer opportunity
Clients purchasing stock will become a shareholder of the Devco. The shareholding allocation will be proportional to the amount of floor space acquired.
On completion the Devco will open the Sectional Title register and transfer the purchased unit to the Purchasing entity – the Devco will then be de-registered.
Funding
Clients / Shareholders will be required to put down an investment equivalent to 30% of the cost of the floor space acquired.
Key Developments will raise the balance of funding required from a commercial bank.
Risk management
Construction of the project will only commence once 100% sales has been achieved.
The financial model excludes a profit allocation which ensures that investors will acquire their stock at cost.
For more information please download one of the following Ebooks:
Downloads for The Worx Zone
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Lincoln on the Lake
The unique roof top penthouse apartments of Madison on Park Drive will wrap around the top floors of this prestigious mixed-used building. The Madison on Park Drive apartments have been designed for open plan living with top of the range finishes, including the unique mansard designed roofs high-volume "New York" style loft living. All the apartments will open onto large verandas with the vision of "Zen" gardens, water features, pots and flagstone paving.
Situated on a prime site in Parkside, the latest extension to the Umhlanga Ridge Town Centre and overlooking the Chris Saunders Park, just north of the Gateway Shopping Centre, this R400m prestigious commercial superblock is destined to become the prime address for top corporate and niche retail tenants in KZN. |
Quayside Tower |
The Developers of Quayside Tower originally planned to utilise the ground floor section of the apartments for retail and commercial purposes. Through the planning process however, the Durban Point's Design Review Committee, in consultation with the Developers, recommended that this section of the deep water canal should remain exclusively “residential”. The available “bulk” that originally allowed for the retail sections have now been transformed into a unique duplex apartment “tower”. The Quayside Tower will stand on the southern side of the existing lift tower and will occupy the internal space of the Boulevard’s courtyard, with views to the East back toward the harbour entrance. The “Quayside Tower” will be accessed by way of a skywalk linking the lift tower to the lower floor of the apartments. |
Projects Completed to Date |
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Mottramdale Gardens
The 32 two and three bedroom Mottramdale Gardens apartments were designed and priced for the market to serve the needs of those that work close to the city. The development site is located at 21 Mottramdale Road and slopes from the road down to a stream at the bottom of the property. This area of the property forms part of the city’s D-MOSS system, whereby selected riverine areas are protected from further development.
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Century Falls
Louis Group International developed 4 additional office blocks, for Century Fall Properties and Nucleus, on their prime property in Century City Cape Town. The existing building on the site was developed the previous year. The gross lettable area of the development is 7500m². The main feature of the development is the curved water feature and the glass facade to the main building. This spectacular office development is being managed by Key Developments Project Management.
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West Palm Boulevard
West Palm Boulevard is a high profile, mixed-use development located in the heart of Umhlanga’s New Town Centre. Arranged over eight levels, this elegant, contemporary building offers an extraordinary new urban living and work environment. West Palm Boulevard presents a sophisticated architectural expression, which responds to its prominent location and Durban’s sub-tropical climate.
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Noordhoek
Thirteen plots can be found in Noordhoek in a project called The Paddocks, marketed by Pam Golding Properties. It has a wide appeal due to its close proximity to the beach. The erven are all at least 1000m² in size, and range in price from R1.2 million to R1.28m (plot only). Buyers could build freestanding homes at The Paddocks, in accordance with design guidelines set down by local talent Steve Lennard of Rudolph-Lennard Architects, described as “Country Cape God” style.
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C & R
Located in Fairways Park, Mount Edgecombe this commercial development is arranged over three levels. This elegant, contemporary building offers an extraordinary new urban working environment. The C&R Offices presents a sophisticated architectural expression, which would meet the requirements of any professional. The development commenced in April 2007 and the anticipated occupation date was to be March 2008.
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Standard Bank Head Office
The development of the R266 million regional head office for Standard Bank at the Kingsmead Office Park in Durban was an indication of Standard Bank's commitment to the rejuvenation of the city. This office complex, located in the Durban Central Business District, forms part of the city's urban development zone.
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Quayside on Timeball
Following on from the success of the first phase of “The Quays” on Timeball Square, Key Developments, in association with Rick Wilson, launched Quayside. In this rapidly developing area, Quayside is our largest development to date, and is located in the heart of the Durban Point’s waterfront development. This 10-storey, prime real estate development has proved to be extremely popular...
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Quail Gardens
The latest Sectional Title development to be coming online within the secure conforms of the Mt Edgecombe Golf Estate Two is “Quail Gardens”. The “Quail Gardens” development, situated along the 16th Fairway of Mt Edgecombe’s Golf Course Two in Quail Valley, comprises of eight luxury sectional title free standing homes. The homes have three bedrooms, two bathrooms and a double garage.
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Bay Ridge
A stone's throw away from the Dolphin Coast of Kwazulu Natal, in the heart of Ballito, where the sun and sea meet, you’ll find the upmarket property development known as Bay Ridge. Bay Ridge offers 3-bedroom apartments with two bathrooms, a large patio and a single lock-up garage, or 4-bedroom penthouses with double lock-up garages, all within walking distance from Thompson's Bay.
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La Palma Terraces
"The Cherry on top of Illala Ridge", La Palma Terraces is a Sectional Title development located along the prestigious Illala Ridge on Umhlanga Rocks Drive. These 3 contiguous sites, which border the reservoir sites, offer magnificent sea views spanning from the harbour entrance to Umhlanga.
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Wedgefield
The Wedgefield development consists of 15 units which were built in the breathtaking, rolling hills of Utica Valley, in the Southern Hills of the Mount Edgecombe Country Club Estate Two. Estate Two is set amongst sprawling hillsides and lush green valleys and, like its predecessor, has a superb 18-hole championship golf course that meanders through undulating terrain.
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Brookfield
Situated on the Sugar Coast of KwaZulu Natal are the Morelands signature developments - Mount Edgecomb Country Club Estates One and Two. The site is situated within the Southern Hills Village, and is carefully appointed, where due consideration was been given to the view, climatic conditions and ease of access.
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Lot 781 Mount Edgecombe
This magnificent designer home at Mt Edgecombe's "Golf Course Two" is situated on a 1127sqm site overlooking the Pani dam. The placement of the home on this site has ensured that no structures can be built in front of the site and that the magnificent vista will never be tampered with.
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Callaway
The Callaway development consists of 9 luxury cluster homes situated on Lot 3057 Mt Edgecombe in the Southern Hills area of Golf Course Two. The extent of the land is 6632sqm, which allowed for a maximum of 11 units to be erected thereon. The site development plan was been developed to facilitate 9 individually designed homes.
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Hathaway Village
Hathaway Village is a 10-unit residential development, situated on the Mount Edgecombe Country Club Estate (Two), on the Sugar Coast of KwaZulu Natal. Estate Two is set amongst sprawling hillsides and lush green valleys and, like its predecessor, has a superb 18-hole championship golf course that meanders through undulating terrain.
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Crystal Green
Key Projects' brief was to identify a suitable property for the construction of 3-4 luxury free standing sectional title homes. The company managed the entire process, from acquisition of a suitable site at Mount Edgecombe Country Club Estate to the opening of the sectional title register, with specific emphasis on timing and client budget constraints.
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Cell C Offices
In terms of a lease agreement for an office building that has been built on spec and never occupied, the new tenant, Cell C required substantial remodelling to the exterior of the building. The program was extremely tight and allowed just ten weeks for design, detailing, drawing approval, demolitions and remodelling.
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Stoney Bridge
This 19 unit development is situated on Lot 3111 in Quail Valley on Mt Edgecombe's Golf Course Estate Two. The site borders on a lake overlooking the 15th Green. This Sectional Title development has been sensitively designed to maximise all residents' privacy and views.
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Simbithi Project Management
Interspersed with dams, linked by wetland watercourses, a series of street lit roads and golfcart tracks, as well as nature walking routes, the property development project comprises of gatehouses, community centres and 24-hour central security. The infrastructure for the estate is provided at an approximate cost of R90 million.
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V3 Office Development
Key Projects facilitated this entire R12m office development, located in Westway Office Park in Westville, on behalf of Cape Town based V3 Consulting Engineers. The company was involved in sourcing the site, liaising with the professional team, identifying tenant requirements and managing the project to completion within the budget.
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Hirsch's
Home Centre Hirsch's, the well-known Durban based retail organisation, wanted a significant presence close to the Gateway shopping centre in Umhlanga. Key Projects acted as project management consultants for the entire R10m development located at La Lucia Ridge Office Estate.
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Crystal Green
Key Projects' brief was to identify a suitable property for the construction of 3-4 luxury free standing sectional title homes. The company managed the entire process, from acquisition of a suitable site at Mount Edgecombe Country Club Estate to the opening of the sectional title register, with specific emphasis on timing and client budget constraints.
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Cargo Planning
Following the awarding of a major distribution contract, Cargo Planning, a member of the Imperial Group, needed to construct a new distribution centre comprising 600sqm of office space and 6000sqm of warehouse space. Key Projects was commissioned to source a suitable site, negotiate the land sale and manage the entire construction and commissioning process within a seven-month period.
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