DURBAN - KwaZulu-Natal development, The Pearls Umhlanga celebrated its completion after 15 years at an event with its three developers Anant Singh, Nico van Rooyen and Sudhir Prajgee.
The development which is worth R3.5bn, houses 700 apartments and 60 shops. It has also created 16000 jobs. Singh said that The Pearls Umhlanga is 15 years in the making and called it an iconic development that can stand on the global stage.
MEC of Economic Development, Tourism and Environmental Affairs Sihle Zikalala was also present at the event. Zikalala said that the completion of The Pearls Umhlanga is a milestone.
"It gives me pride and joy that this iconic Pearls of Umhlanga landmark has transformed the Umhlanga skyline," said Zikalala.
He added that was in awe of the huge investment in excess of R3.5 billion made by the developers and said it is one of the largest private sector investments in the eThekwini region.