[COM] SAPOL Headquarters | 40m | 11lvls | Office

[Will]

An ammended application to convert building 3 (the one on the corner of Angas Street with Pulteney Street) of this development into student accomodation comes before the ACC DAP next Monday.

The reasons why this proposal were rejected back in April have been addressed by the developer, and as such it is expected to receive planning APPROVAL.

[Norman]

What happens with the other 2 buildings?

[Ben]

What happens with the other 2 buildings?

They remain office buildings.

[Shuz]

I'm actually quite relieved that the proposal for building 3 is being amended to student accomodation, so to relieve the surplus of office supply coming onto the market, which would see other projects have greater chance of becoming viable by directing possible pre-commitments towards them instead of this. Whilst it is the smallest of the lot - it provides 10,000sqm of space directed into something else now.

[Will]

APPROVED tonight by the ACC.

[Jim]

Form the Advertiser

NEARLY 200 student accommodation units will be built in the city after the Adelaide City Council approved a $112 million redevelopment tonight.

Existing buildings on the Yorke Motors site on the corner of Pulteney and Angas streets will be demolished and replaced with three new mixed-use buildings which range from 8-10 levels in height.

The development had been approved in April 2007, but developers sought a change of use from office space on levels 2-8 in one building to student housing.

Lord Mayor Michael Harbison said the 198 new rooms would help provide a range of accommodation options.

"Record numbers of students from around the state, the country and from overseas are choosing to study at Adelaide's education institutions, which means more accommodation will be required for the short and long term," Mr Harbison said.

"The mixed-use elements of this proposed developments are also welcome. Combining commercial, retail and residential aspects in the same building or on the same site delivers housing, business and investment benefits, and helps revitalise the city."

The panel also approved a new $4 million residential apartment complex on Sturt St in the city.

The complex will contain 26 one or two-bedroom units, an open rooftop deck and ground-level car and bicycle parking.

"Projects such as this, where an under-utilised commercial site is being replaced by a medium to high-density residential development will help council achieve its goal of increasing the population of the city," Mr Harbison said.

[bm7500]

Has anyone got an updated render on this one?

I assume that the facade has changed given that part of it is now designated as student accomodation?

[Benski81]

Does anyone know when we can expect construction to begin on this one? Can anyone put a time frame on it? It seems to be really dragging out.

[Will]

Does anyone know when we can expect construction to begin on this one? Can anyone put a time frame on it? It seems to be really dragging out.

It all depends on them getting a client to lease the office space.

[mgb]

Maybe an indication that something might be happening with this one...
Signage has gone up on the Agostino Mitsubishi showroom saying they have relocated the showroom, and that the workshop is moving too. The showroom I can understand as that will be the student accommodation building, but has anyone heard any news of a tenant for the other two buildings where the workshop is currently located?

[archie54]

I have heard through the roumor mill that Adl Bank / Bendigo needs new building. Their lease in Hindmarsh squares expires soon. My sources said it was either going to be this site or the Franklin St (behing the Telstra exchange)

[Shuz]

I would put the bet on this one, as the DTEI/SAPOL are eagerly interested in the Franklin St Tower with either likley to take up on space in that building.

[UrbanSG]

That all sounds like complete speculation to me.

Archie54 Adelaide/Bendigo Bank's new office space requirement is old news so not a rumor. That was announced by the bank months ago. Who knows where they will go until they confirm it themselves?

Shuz, how do you know SAPOL / DTEI are interested in the old Telstra Exchange Franklin Street proposal? As far as I know DTEI are not planning on moving to the CBD anytime soon as they delayed that idea a while ago.

Solid wood fencing has recently gone up around the Franklin Street tower site which I would have thought would mean any construction is a long way off, otherwise they would set up temporary fencing beyond the footpath boundary.

Origin is also in the market for office space.

Who knows which of these requirements will actually come to fruition. The credit crisis has definately delayed these decisions imo.

[rogue]

New police HQ just won't fit

MILES KEMP

November 15, 2008 12:30am

A KERRY Stokes company has been shortlisted to develop Adelaide's new police headquarters despite the company's site only having one third of the land required for the $38 million tender.

The Stokes site, owned by Western Core Projects, would need to acquire twice as much State Government land to go ahead, prompting complaints from the Residents and Ratepayers Association.

Twenty two developers expressed interest in the project with two of the final three having 3000 square metres of their own land available – they being Prime Space Projects and Commercial and General Corporation.

The Seven Network boss' company's bid is based around the recent purchase of the old RSL building in Angas St which is only 950 square metres.

But the site is adjoined on two sides by State Government land of well over the remaining 2000 square metres needed.

Residents and Ratepayers Association President Kevin Kaeding said public land should not be sold to developers at cheap prices when other developers were prepared to use their own land for the deal.

"Government land belongs to the taxpayers and they are dealing with our land," he said. "How it is to be used should be in the best interests of the taxpayer, not developers."

Mr Kaeding said leasing back Government buildings after selling land to developers at low prices was not good value for money.

"We are paying exorbitant leases continually and it is just not sustainable," he said.

The SA Property Council refused to comment.

A spokesman for Mr Stokes would say only: "I suspect that the Government is better placed to comment on the development and the processes involved".

In a written statement a spokesman for Minister for Infrastructure Patrick Conlon indicated the Government was willing to sell land to the developer.

"One developer has proposed that, if successful, it will negotiate purchase of adjacent government land at a fair market value," the spokesman wrote. "Government identified a number of accommodation options in the registration of interest documents and `registrants' were advised that it had not made a final decision on the preferred option, pending assessment of the registrations of interest.

"The range of accommodation options included Government owning or leasing the building or land."

http://www.news.com.au/adelaidenow/stor ... 82,00.html

[wilkiebarkid]

It looks as though this one is 'on hold', as the showroom is now for lease.