Rosebank, Gauteng
Place in Gauteng, South Africa / From Wikipedia, the free encyclopedia
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Rosebank is a cosmopolitan commercial and residential suburb to the north of central Johannesburg, South Africa. It is located in Region B of the City of Johannesburg Metropolitan Municipality, and is the location of a Gautrain station.
Rosebank | |
---|---|
Coordinates: 26°8′43″S 28°2′26″E | |
Country | South Africa |
Province | Gauteng |
Municipality | City of Johannesburg |
Main Place | Johannesburg |
Area | |
• Total | 1.42 km2 (0.55 sq mi) |
Population (2011)[1] | |
• Total | 1,085 |
• Density | 760/km2 (2,000/sq mi) |
Racial makeup (2011) | |
• Black African | 48.7% |
• Coloured | 4.7% |
• Indian/Asian | 6.5% |
• White | 36.6% |
• Other | 3.5% |
First languages (2011) | |
• English | 56.3% |
• Zulu | 11.9% |
• Afrikaans | 7.4% |
• Tswana | 5.0% |
• Other | 19.4% |
Time zone | UTC+2 (SAST) |
Postal code (street) | 2196 |
Area code | 011 |
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 prescient. 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 [clarification needed], 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.[clarification needed][2]
Its several high-end shopping malls make it a hangout for the gay community. Rosebank has cafes, bars and clubs around the Design District such as Marble Restaurant, Molokai, Capital Cafe, The Bank, and Sumo Nightclub. 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. The annual Joburg gay pride parade also passes through the streets of Rosebank, then heads to Zoo Lake.
Rosebank is often dubbed the new Sandton[citation needed], an affluent neighborhood in the Gauteng Province and forms part of the City of Johannesburg Metropolitan Municipality which is located a mere five km (3.1 mi) from Rosebank.