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Ponte City Apartments, Johannesburg, South Africa
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During the late 80s gang activity had caused the crime rate to soar at the tower and the surrounding neighbourhood. By the 1990s, after the end of apartheid, many gangs moved into the building and it became extremely unsafe. Ponte City became symbolic of the crime and urban decay gripping the once cosmopolitan Hillbrow neighborhood. The core filled with debris five stories high as the owners left the building to decay. There were even proposals in the mid-1990s to turn the building into a highrise prison. In 2001 Trafalgar Properties took over management of the building and began making some much needed changes to the building.
New Ponte
In May 2007 Ponte changed ownership and a re-development project New Ponte was put in motion. David Selvan and Nour Addine Ayyoub under Ayyoub's company, Investagain, planned to totally revitalize the building. The planned development would have contained 467 residential units, retail and leisure-time areas. Over the next few years, the Johannesburg Development Agency planned to invest about R900-million in the areas around Ponte City such as the Ellis Park Precinct project, as well as an upgrade of Hillbrow and Berea partly in preparation for the 2010 FIFA World Cup.
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