Rosebank, Gauteng
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Rosebank is a cosmopolitan commercial and residential suburb to the north of central
Johannesburg Johannesburg ( , , ; Zulu language, Zulu and Xhosa language, Xhosa: eGoli ) (colloquially known as Jozi, Joburg, Jo'burg or "The City of Gold") is the most populous city in South Africa. With 5,538,596 people in the City of Johannesburg alon ...
,
South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic O ...
. It is located in Region B of the
City of Johannesburg Metropolitan Municipality The City of Johannesburg Metropolitan Municipality () is a metropolitan municipality that manages the local governance of Johannesburg, the largest city in South Africa. It is divided into several branches and departments in order to expedite se ...
, and is the location of a
Gautrain Gautrain is an Higher-speed rail, higher-speed Express train, express commuter rail system in Gauteng, South Africa, which links Johannesburg, Pretoria, Kempton Park, Gauteng, Kempton Park and O. R. Tambo International Airport. It takes 15 minu ...
station. Rosebank has undergone a major face-lift in recent years, with the extensive redevelopment of both the Rosebank Mall and The Zone @Rosebank creating a high-end retail and shopping precinct. Local authorities also identified the node as a priority development area for improved service delivery and infrastructure. As a result, the suburb is estimated to have seen a R7 billion capital injection in recent years. Rosebank has become a popular destination for corporations. Demand for office space has seen rentals in the suburb increase by 9% in the second quarter , the strongest growth recorded in any Johannesburg office node. Rentals in second-placed Fourways rose by only 3.4%, while in Sandton rentals increased by just 2.5% during the same period. It has several high-end
shopping mall A shopping mall (or simply mall) is a large indoor shopping center, usually Anchor tenant, anchored by department stores. The term ''mall'' originally meant pedestrian zone, a pedestrian promenade with shops along it, but in the late 1960s, i ...
s, cafes, bars and clubs around the Design District. The African Craft Market, and the popular Rooftop Market ("Rosebank Flea Market") are popular tourist destinations; various high-end hotels are also located in the suburb. Rosebank is often dubbed the new
Sandton Sandton is a financial, commercial and residential area, located in the northern part of the City of Johannesburg Metropolitan Municipality. Formerly an independent municipality, Sandton's name came from the combination of two of its suburbs, Sa ...
, an affluent neighborhood in the Gauteng Province and forms part of the
City of Johannesburg Metropolitan Municipality The City of Johannesburg Metropolitan Municipality () is a metropolitan municipality that manages the local governance of Johannesburg, the largest city in South Africa. It is divided into several branches and departments in order to expedite se ...
which is located a mere from Rosebank.


Economy

Rosebank is home to a WeWork and a number of corporate offices including
Nu Metro Cinemas Nu Metro Cinemas is a South African cinema company. Its head office is in Dunkeld West, Gauteng. Nu Metro's history dates to when the first Metro Theatre opened in Johannesburg in 1932. The oldest still-operating Nu Metro cineplex is Bedford, ...
,
Sasol Sasol Limited, commonly referred to as Sasol, is an integrated energy and chemical company based in Sandton, South Africa. The company was formed in 1950 in Sasolburg, South Africa, and built around coal liquefaction processes that German ...
,
TotalEnergies TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas explorati ...
(TOTAL House)
Bank of Taiwan The Bank of Taiwan (BOT; ) is a commercial bank headquartered in Taipei, Taiwan. It was established in 1897-1899 as a Japanese policy institution or "special bank", similarly as the Nippon Kangyo Bank (est. 1897), Hokkaido Takushoku Bank (est. ...
, Car Track, Internet Solutions,
State Bank of India State Bank of India (SBI) is an Indian Multinational corporation, multinational Public sector undertakings in India, public sector bank and financial service body headquartered in Mumbai. It is the largest bank in India with a 23% market shar ...
,
Standard Bank Standard Bank (officially Standard Bank Group Limited) is the largest bank in Africa, as well as the continent's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is located in Johannesburg, Gauteng. The ...
, Sappi,
PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...
, BP, Coca-Cola SA,
Anglo American plc Anglo American plc is a British Multinational corporation, multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of ...
,
Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as Universal Music Group or Universal Music) is a Netherlands, Dutch–United States, American multinational Music industry, music corporation under Law of the Netherlands, ...
and
Sony Music Entertainment Sony Music Entertainment (SME), commonly known as Sony Music, is an American multinational music company owned by Japanese conglomerate Sony Group Corporation. It is the recording division of Sony Music Group, with the other half being the ...
.


The Zone @ Rosebank

The Zone @ Rosebank shopping centre is an integrated mixed-use development in Rosebank, Johannesburg providing retail, office and hotel space in the highly frenetic environment of the pedestrian oriented Rosebank retail node. The Zone comprises five separate buildings, namely The Zone, Regents Place, The Zone Phase 2, The Zone Boulevard and Cradock Square. The centre is located next to the newly refurbished adjoining and inter-leading Rosebank Mall. It is situated in the Rosebank node within a high concentration of commercial points and the affluent surrounding suburbs of central Johannesburg and the Parks.


Commercial property developments


The Bank

The Bank is a new mixed-use development in the hub of Rosebank, Johannesburg. It is an approximately , 12 storey mixed-use building with 3 additional floors of basement parking. The structure of the existing 4 storey building, previously a bank, is being retained and added onto. The ground floor consists of retail, restaurants and hotel reception and conference facilities. The other 11 floors are occupied by offices and IHG Hotels & Resorts Voco Hotel. The public areas around the building on the ground floor level will be activated through the design of pedestrian-friendly landscaping and furniture


The Rosebank Link

This 15 storey building, comprising offices and retail space, is opposite the Rosebank Gautrain station. Tenants include: * Super Spar * Seattle Coffee Company *
WeWork WeWork Inc., headquartered in New York City, is a provider of coworking spaces, including physical and virtual shared spaces, in approximately 600 buildings in 125 cities. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. Ove ...


Rosebank Towers

A multi-tenanted office space overlooking Johannesburg and Rosebank's CBDs.


The Galleria

A development of about incorporating offices, retail, a hotel, serviced apartments and residential apartments.


The Firs

Originally built in the 1970s, The Firs is a retail centre situated in Johannesburg's northern suburb of Rosebank. Located adjacent to The Hyatt Regency Hotel, The Firs, which has over the years become a landmark in bustling and cosmopolitan Rosebank, underwent redevelopment. The completion of the 22 month-long redevelopment project in September 2009 saw a new office lobby, atrium and restaurant piazza.


Rosebank Fire Station

The Rosebank Fire Station is one of the oldest buildings in Rosebank and is currently undergoing a transformation into a more useful space. The original building will stay in place, with add-on construction turning it into an office block.


Residential property developments

The suburb also includes a wide range of apartments, including: * Roseviews * The Median * The Tyrwhitt * The Vantage * Park Central * The Monroe * Tree Tops * 100 Oxford * Oxford Maine


References

{{City of Johannesburg Metropolitan Municipality, selected=regb Johannesburg Region B