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Century City, Cape Town
Century City is a 250 ha suburb of Cape Town, South Africa that was constructed as a mixed use development including entertainment, residential, retail and office components. Development began under Monex Development in 1997 and continues under the new owners, Rabie Property Group. Investment thus far exceeds ZAR10 billion. It is located 10 km to the north-east of central Cape Town along the N1 motorway and is traversed by numerous waterways, wetlands and canals.
==Criticism==
During initial building phases, Century City's two original developments - Ratanga Junction theme park and Canal Walk shopping centre - were thought to be white elephants. Ratanga has run into many monetary issues, however, due to downsizing, off-season closures and the addition of year-round conferences and entertainment facilities, it has turned profitable. The then-125,000m² Canal Walk mall had exceeded expectations, resulting in a recent expansion to 141,000m² in order to meet demand. There were concerns that Century City would cause decentralisation from the Cape Town central business district, but thanks to the city improvement district (CID) and urban renewal efforts spearheaded by the Cape Town Partnership (CTP), this has not happened. This development thus remains another commercial node in the Cape Town metropolitan area while the city centre remains vibrant. More recently, the development has been criticized for causing traffic problems. Measures have been taken with an aim to improve congestion during peak hours.〔http://centurycity.co.za/blog/measures-taken-to-combat-traffic-congestion〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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