Ratanga Junction will officially close its doors in May 2018 with plans to turn the space into a combination of corporate offices, residential apartments as well as restaurants.
The news was confirmed on Tuesday by the Rabie Property Group which stated that the Western Cape's biggest theme park will close for redevelopment into a “vibrant mixed-use precinct”.
Rabie director John Chapman says the redevelopment may take up to eight years, depending on the macro-economic status of the country.
There is a long process by which we have to dismantle the rides, demolish and service the property.— John Chapman, director at Rabie Property Group
Century City has enjoyed quite a bit of success following the new urbanist mix use philosophy....that has given us the confidence to continue along that vein. It will be a combination of corporate offices, restaurants and then, residential apartments, show rooms. It really is a little bit of everything....— John Chapman, director at Rabie Property Group
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This article first appeared on 702 : Property developer explains plans for Ratanga Junction closure and redevelopment