Mixed Use for Rainbow Junction Development
Just six kilometres outside Pretoria is the site of the multibillion-rand Rainbow Junction mixed-use property development, with Rainbow Mall shopping centre spread over 94,000m2 and the jewel in this crown.
The R2.5bn mall is expected to be a cutting-edge retail and leisure destination, with more than 250 retail stores, restaurants, a state-of-the-art cinema complex and an ice rink.
Rainbow Junction will comprise some 165,000 m2 retail space, 170,000m2 prime office space, 120,000m2 residential space and 65,000m2 hotel and conferencing facilities.
Construction is planned to start in early 2016, at an anticipated cost of about R12bn over the 10- to 15-year development period.