Lagoon Bay hangs in the balance - Market News, News
Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.
18 Apr 2011

Lagoon Bay Hangs in the Balance

A decision on whether a controversial new golf estate at George in the Southern Cape is expected within the next two weeks as developers anxiously await approval from Western Cape Local Government MEC Anton Bredell.

The Lagoon Bay luxury golf estate is being developed by Werner Roux of Lagoon Bay Lifestyle Estate who claims that millions of rands will be invested in the property and that about 10 000 jobs will be created in the region during the 10-year construction phase.

Cornelius Esau, chairman of the George Leadership Forum – comprising members from George, Great Brak, Mossel Bay, Oudtshoorn and Knysna – has approached Roux in an effort to secure jobs for his members if the go-ahead for the project is given.

As a result, the developer and the forum has set up the Hoogekraal Trust that will receive 2,5% from the Lagoon Bay property sales. The money will be used for black empowerment initiatives in the area.

Esau says that should the project be turned down by Bredell then the forum would mobilise all its members to stage massive protests in the region because it believes that the project is essential for the development of the Southern Cape where unemployment levels are already high.

Esau denied that any forum members had been responsible for acts of violence or intimidation against the holiday home owners who are opposed to the development.

Almost two years ago holiday home owners at Glentana said that residents supporting the development had specifically intimidated them demanding that they withdraw their objections to the development.

The George city council has already approved the multi-million rand development and the Lagoon Bay project has received environmental approval from the out-going ANC local government member, Pierre Uys in 2009.

However, wealthy residents in Glentana who are opposed to the development took the matter to the high court for a review. Bredell told the developer he was unable to make a decision about the rezoning of the land until the high court had ruled on the matter.

Roux claims that R250-million has already been invested in the project but this funding has been held back until Bredell has issued a final ruling on whether the new golf estate can go ahead.

Without the decision the project is in danger of collapsing and this would have serious financial implications for those investors who had already ploughed millions of rands into the project.

The project will be built on 65 hectares of agricultural land and will include two Retief Goosen signature golf courses, about 900 houses, 320 single and fractional-title apartments, 150 flats and a new five-star luxury hotel.

Readers' Comments Have a comment about this article? Email us now.

About the Author
Paddy Hartdegen

Paddy Hartdegen

Freelance columnist at

Next article

Blow to bond originators

Bond originators are threatened by Absa’s latest move to provide commissions to estate agents and double the size of their sales force.

Read more
Blow to bond originators
Get the latest property news.
Select your options:
Get the latest news
Google Plus
EmailEmail Print Print
Top Articles
The amalgamated Pearl Valley and Val de Vie estates will share lifestyle...

Property Point has seen over 100 businesses participate in its two-year...

Make sure you ask the right questions, join a reputable brand and have e...

IEASA’s next property update will be at Lookout Hill in Khayelitsha, hos...

A year-round warm climate, the Indian Ocean, secure living and new devel...


Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.

Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724