[U/C] 42-56 Franklin Street | ~78m | 17lvls | Office

[Wayno]

Reject and encourage the developer to sell the land.

[omada]

does anyone feel insulted at that proposal ?.. well I do.

crickey there must be a better way to make money than a carpark surely?

[cruel_world00]

does anyone feel insulted at that proposal ?.. well I do.

crickey there must be a better way to make money than a carpark surely?

BLOCK PARTY!

[Prince George]

Hmm, this has given me an idea

[AtD]

Car parks in Sydney attract $2,000/space/year tax, plus GST.

What about Adelaide?

[Prince George]

Car parks in Sydney attract $2,000/space/year tax, plus GST.

What about Adelaide?

Just in taxes on the spot? Judging from http://www.findacarpark.com.au/dsp_search.cfm, that's about 1/3 of the cost of the space in Sydney. That site suggests that the end prices are around $4k-7k in Sydney, $3k-4.5k in Melbourne, $2.5k-3k In Adelaide.

[AtD]

No idea. this was my source.

[jk1237]

aaaaaaaarrrrrrrrrrggggggggggggggghhhhhhhhhhh

[frank1]

i can't believe they demolished that nice old italian restaurant for a carpark...WTF?

[Will]

i can't believe they demolished that nice old italian restaurant for a carpark...WTF?

You must be thinking of the site on Wakefiled Street. The structure that was demolished here was an abandoned 5 level telecomunications exchange.

[Will]

I was having a closer inspection of the documents related to this new proposal, and although the new carpark is setback 30m from Franklin Street and the developers claim that in future an office block could be built there, the fact that the developers have decided to make the carpark a 'one-off' development, increases the likelihood that they will just build the carpark and forget about the office component. This is why I fully support the ACC DAP rejecting this proposal. The risk of Franklin Street being polluted for many years with such a grotesque industrial looking structure is too high. Furthermore, not to mention there is absolutely no need for an extra 575 carparks in such a location. This proposal is madness.

[skyliner]

Too true Will!!! What is the hangup with these cavernous structures - they just encourage more cars into the CBD.

ADELAIDE - TOWARDS A GREATER CITY SKYLINE

[Xaragmata]

From this week's City Messenger:


Grocon plan for 2000 worker tower on Franklin St

10 Feb 10 @ 11:00pm by Emily Charrison

INTERSTATE property giant Grocon is coming to Adelaide, with plans for a multimillion dollar office tower at Telstra’s former telephone exchange building on Franklin St.

The Melbourne-based company confirmed this week it has been holding talks with the site’s current owner, Tritan Corporation’s Greg Molfetas.

The talks are about buying the block and turning it into The Atrium, a multi-storey office complex with the capacity for about 2000 workers.

[... ...]

http://city-messenger.whereilive.com.au ... to-come-t/

[Xaragmata]

Reject and encourage the developer to sell the land.

That might just come to pass.

[Shuz]

That's promising news. Seems like this building will be called The Atrium. Thread title change?

I notice the initial application was for a 6 level carparking and office tower, and the latest application was for an 8 level carparking - no tower. This would mean if the revised application was approved, they'd have to submit an entirely new DA to construct the office tower in a revised format.