City of Johannesburg Member of the Mayoral Committee for Economic Development Councillor Ruby Mathang has described the development of Newtown Junction as a major and important step in the rejuvenation of the Johannesburg inner city.<\/p>\n
The R1,3 billion mixed-use development, in the heart of the Newtown Precinct, was officially opened last week.<\/p>\n
It boasts a 36 000sqm shopping centre, 30 000sqm of office space, a Planet Fitness gym and four levels of parking space that can accommodate up to 2 400 vehicles at a time.<\/p>\n
Developed by Atterbury Properties, the junction signals the growth of Johannesburg\u2019s city centre as well as the revival of the city in a way that preserves its heritage and history.<\/p>\n
\u201cThis is by far the largest private sector investment in the city\u2019s urban renewal programme and a significant move towards turning back the clock. In the early 1900s, the very spot where the New Junction is situated was a hive of active,\u201d Cllr Mathang said.<\/p>\n
\u201cIt [accommodated] the fresh produce market\u2019s potato sheds, which delivered daily sustenance to the people of the city and the rest of the country, and storage sheds for mining companies.<\/p>\n
\u201cWe hope the Newtown Junction will also deliver daily sustenance … by providing our people with much-needed work and the City with additional revenue.\u201d<\/p>\n
The junction is situated in the middle of Newtown\u2019s cultural district, near the Museum of Africa and the striking 1913 Edwardian building that was redeveloped into the popular Market Theatre.<\/p>\n
Construction started in October 2012. The development is backed by the Johannesburg Property Company and has seen the South African Heritage Resources Agency\u2019s inputs being carefully considered due to the historic nature of the site.<\/p>\n
The Newtown Junction\u2019s retail area, which includes anchor tenants such as Pick n Pay and Shoprite Checkers, have incorporated a portion of the steel warehouses (potato sheds) originally designed in 1910 for storing vegetables and fodder that were distributed to fresh produce markets across the country by rail.<\/p>\n
There are four basement parking levels, two retail levels above the parking lots as well as three levels dedicated to office space above the retail portion.<\/p>\n
A portion of the building was constructed under the elevated M1 highway, which required \u201ca very unique geometry\u201d to accommodate the highway piers.<\/p>\n
Via: City of Johannesburg.<\/p>\n
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