Business Day

Radisson to paint Rosebank hip RED

- Alistair Anderson Property Writer andersona@businessli­ve.co.za

A new Radisson RED hotel is set to open in 16 months in Rosebank in Johannesbu­rg, a burgeoning node undergoing large-scale developmen­t. This will be the first of this brand of hotel in Gauteng and second in the country after the Radisson RED in Cape Town. /

A new Radisson RED hotel is set to open in 16 months in Rosebank in Johannesbu­rg, a burgeoning node undergoing largescale developmen­t.

This will be the first of this brand of hotel in Gauteng and second in the country after the Radisson RED that opened in Cape Town in 2017.

The hotel will be located in Oxford Parks, a new mixed-use precinct comprising offices, apartments, retail and restaurant­s, which is being rolled out in Rosebank over the next eight to 10 years.

New offices have sprung up in the suburb over the past few years, including Rosebank Towers and Rosebank Link. The Mall of Rosebank has also been renovated, while the likes of Emira Property Fund and Grapnel Property Developmen­ts have been building residentia­l offerings for young profession­als and investors.

The Radisson RED, set to open in February 2021, will complete phase one of Oxford Parks, comprising four commercial buildings, the Radisson RED hotel and retail in each of the commercial buildings.

Oxford Parks ’ s tenants include BPSA, Life Healthcare, Thebe Investment Corporatio­n, ARUP, Credo Wealth and Sony.

Andrew McLachlan, Radisson ’ s senior vice-president for developmen­t in sub-Saharan Africa, said the hotel would attract young profession­als living in the suburb as well as guests from nearby areas.

“We put together Radisson RED Cape Town thinking we would mainly attract millennial customers. Since it opened, about a third of its customer base has been millennial­s. The rest has been a mix of people.

“It is a funky brand that attracts entreprene­urial business persons and people in tech businesses and so on. Radisson RED Rosebank will be located next to Sony ’ s office and will host regular live music and other events which guests and the public can attend,” he said.

The 222-room hotel will be developed by Intaprop and owned by RDC Properties.

IT IS A FUNKY BRAND THAT ATTRACTS ENTREPRENE­URIAL BUSINESS PERSONS AND PEOPLE IN TECH BUSINESSES

2021 is the planned opening date for the Radisson RED hotel, the second in the country

222 is the number of rooms the new concept hotel in Rosebank will offer

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