The Ponte Tower is a residential high-rise in Johannesburg, South Africa with a unique history and now a promising future. It was designed by architect Manfred Hermer in the 1970's to be one of the most desirable places to live in the city, with an iconic, hollowed out interior, three-story apartments and rooftop jacuzzis. Over time, however, the building fell into disrepair and instead of serving as an icon of extreme wealth and prosperity, it became an icon of poverty and indifference. In still racially-divided South Africa, this was marked by the moving out of whites and the moving in of a primarily black population as property values plummeted. It has been associated with high levels of crime, a lack of sanitariness and even suicides, thanks to the building's hollow core.
Recently, however, the derelict Ponte Tower has received more attention from investors and the architect himself, who doesn't necessarily want to restore the building to its former glory but wishes to at least make it a decent place to live. The introduction of stringent security has encouraged more open-minded, middle-class citizens to move in, hoping for a profitable return as the Ponte Tower continues to grow in terms of value. Watch this featured video for more on the building's comeback and what it will mean for its current and future residents.