Cape Town - Ratanga Junction will officially close its doors in eight months.
This was confirmed on Tuesday by the Rabie Property Group which stated that the Western Cape's biggest theme park will close on May 1, 2018 for redevelopment into a “vibrant mixed-use precinct”.
Although planning is still at an embryonic stage, Rabie director John Chapman, said he envisaged that the redevelopment would “embrace the existing canals, island, and public open space, and include residential apartments, offices, hotels, restaurants and convenience retail”.
He also said the closure of Ratanga and the redevelopment of the land had been in the offing for a long time.
In June last year, the Rabie group - which bought Ratanga in 2005 - responded to widespread speculation that the theme park was closing, by saying that although this was true, the closure was not imminent and would depend on when the land was required for redevelopment.