PICS: SA to get R4bn Time Square in Pretoria

2016-12-02 08:31 - Louzel Lombard Steyn
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Cape Town - A visit to Time Square might be more easily available than you think. But there's a catch... it will be in Pretoria, and not New York. 

Construction on Sun International’s R4-billion Time Square casino and hotel development in Menlyn Maine, Tshwane, is fully on track, with the casino due to open on time in April 2017. 

Time Square – which will be the second largest casino in South Africa after GrandWest in, represents the biggest development in the hospitality, gaming and leisure industry since the construction of Sun International’s GrandWest Casino in Cape Town in 2000.

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According to Sun International’s Michael Farr, "The complex is now taking shape, with its distinguishing roof now part of the Menlyn skyline".

The massive casino roof spans 85 metres at its widest point and covers over 10 000m2. The weight of the steel used in the roof structure of the casino, hotel, globe bar, arena and dummy globe equals 834 tonnes. 

(Photo: Supplied)

(Photo: Supplied)

SEE: PICS: Africa's 'biggest' R5bn mall 

Once completed, Time Square will also be enriched with an 8 000-seat Arena in September 2017, as well as a hotel complex in March 2018. 

The hotel complex also brings a totally new concept in hospitality in South Africa as it will offer a range of hotel star accommodation in a single building. A total of 96 rooms with be 3-star accommodation, 94 rooms will be 4-star accommodation and 48 rooms and suites will be 5-star accommodation. 

The development will generate around 10 000 jobs, Sun International says, as well as add considerable revenue for both provincial and national government by way of taxes and gaming levies. 

It is anticipated that around R1.7-billion in gaming taxes and VAT will be generated in the first five years of operation at Menlyn Maine and the total estimated revenue to Government from the project over a five-year period is estimated at around R2.7-billion.

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