SRK Consulting said: “(The firm) has been appointed by the LLPT (Liesbeek Leisure Property Trust) to undertake the basic assessment process required in terms of the National Environmental Management Act, 107 of 1998. The project will entail so-called triple bottom line costs, ie social, environmental and economic costs.”
Observatory residents have been objecting to plans to redevelop The River Club for seven years. Residents have said the proposed development would have a negative impact on the environment alongside the Liesbeek River, including flora and fauna, and on important historical sites.
The Liesbeek River, which is less than 9km long, is situated in the oldest urbanised river valley in South Africa.
The Two Rivers Urban Park is located at the confluence of the Black and Liesbeek rivers, about 5km from the city centre.