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CRR IV FEIR ~ 26042010 [FINAL].pdf - Environmental Projects

CRR IV FEIR ~ 26042010 [FINAL].pdf - Environmental Projects

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EIA FOR THE PROPOSED LANGEZANDT QUAYS DEVELOPMENT IN STRUISBAAI HARBOUR: <strong>CRR</strong><br />

There are opportunities for retail shops and<br />

employment which will boost the local<br />

economy. Please refer to Section 5.2.3 of the<br />

<strong>FEIR</strong>. Please refer to Annexure H: Economic<br />

Assessment.<br />

1.15.6<br />

Meg Cowper Lewis<br />

(SEA) (48)<br />

Page 8 states that the proposed<br />

development has the potential to contribute<br />

positively to the economy, we agree with<br />

that, however the benefits will be for the<br />

developer to make more profit; whilst the<br />

economy of the poor and the previously<br />

disadvantaged will only be negative.<br />

The financial sustainability inputs for<br />

Langezandt Quays indicate that the calculated<br />

risk that the proponent is willing to take is not<br />

misplaced. Financial sustainability cannot be<br />

guaranteed. However, the available evidence<br />

provides no reason to suspect financial failure<br />

and, as such, provides no clear basis to argue<br />

against the desirability of the development.<br />

Sustainability<br />

Please refer to Annexure U of the <strong>FEIR</strong>.<br />

1.15.7<br />

1.15.8<br />

Stephen Gerber<br />

(63)<br />

Frances Pienaar<br />

(58)<br />

The proposed development will be of<br />

marginal benefit to the people of Struisbaai<br />

and will only benefit the few associated with<br />

developer.<br />

There is no mention of the financial stability<br />

of the developer. What will happen to this<br />

development if the developer does not sell<br />

all the units or can not get an operator to<br />

run the hotel? Will we be left with an<br />

unsightly white elephant on this sensitive<br />

site?<br />

Applicants response: The “poor” will be<br />

given jobs and benfit from the Cumminity<br />

Trust.<br />

Please refer to Section 1.1.100 of this<br />

Comment and Response Report.<br />

It is important that the proposed development<br />

is financially and economically sustainable.<br />

Upon request at the public meeting held on<br />

the 31 October 2009 a independent feasibility<br />

assessment was undertaken by Turner &<br />

Townsend. Please refer to Annexure R &<br />

Annexure U of the <strong>FEIR</strong> regarding feasibility.<br />

The financial sustainability inputs for<br />

Langezandt Quays indicate that the calculated<br />

risk that the proponent is willing to take is not<br />

misplaced. Financial sustainability cannot be<br />

guaranteed. However, the available evidence<br />

provides no reason to suspect financial failure<br />

and, as such, provides no clear basis to argue<br />

against the desirability of the development.<br />

Sustainability<br />

Sustainability<br />

I:\ENV\PROJECTS\401807~Struisbaai\Public Participation\Comments & Response\EIR\<strong>CRR</strong> <strong>IV</strong> <strong>FEIR</strong> ~ <strong>26042010</strong> [<strong>FINAL</strong>].doc 117 of 193

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