let's hope we learn from that past experience and tackle this one more maturely. I'm sure each and everyone of you have grown up 
City-bound firms abandon 'burbs'
Local News16 Sep 10 @ 12:30pm by Emily Charrison
Real estate firm Colliers International estimates the number of businesses relocating to the city has grown by at least 10 per cent in the past year, in turn driving up demand for prime CBD office space.
Companies to have made the move include the Transport, Energy and Infrastructure Department, which relocated from Walkerville to a 15,000sq m building in Grenfell St earlier this year.
SA Water has combined its suburban and city offices at SA Water House in Victoria Square.
Colliers senior executive Adam Hartley said more companies were shifting to town to attract Generation Ys as the increasingly younger workforce was “always on the lookout for a better opportunity”, making them harder to retain.
“From a career point of view, they are more enterprising and opportunistic than generations before,” he said.
He said more Generation Ys were choosing to buy city apartments for the lifestyle benefits, and therefore “don’t want to stray too far to go to work”.
The Property Council’s SA president Justin Hazell said the office space being snapped up by suburban businesses was reflected in the CBD’s low vacancy rates, which at 7 per cent were among the lowest in Australia.
Kilburn’s Transfield Services is among the growing number of businesses moving to the CBD, having just signed up for an office on South Tce (see separate report).
Colliers manager Jeevan Deut, who negotiated the deal, expected the trend to grow as Generation Ys progressed into more senior roles, in turn giving them extra decision-making powers.
“Based on the forecasts for Adelaide’s population and changing living patterns, it’s expected this generation will have a greater preference for staying in the inner city long-term ... ” he said.
Case study
Attracting younger workers has been a driving force behind Transfield Services’ upcoming move to the city, commercial manager Steve Protopapas says.
The asset management company will shift from Kilburn to South Tce in December, joining scores of other suburban firms to have recently moved to the CBD.
Mr Protopapas says the move will “enhance business performance” and also will attract new employees.
“Like most companies, we’ve got an ageing workforce and it’s difficult to recruit people who are younger than 30 into the suburbs,” he says.
“The move is about giving ourselves more exposure rather than being hidden away in the suburbs.
“But it’s also offering our employees a better environment where they are close to restaurants, cafes and bars so they can socialise and have a drink after work.”
I doubt very much that this development will reach the 160m mark (unless you are taking into account what iTouch(myself) mentioned earlier). I haven't counted the levels or worked out rough floor heights, but by just looking at the angles of the rendering it should tell you that this building will be about the same height as Westpac give or take a few metres. Whatever, it would be great if it actually happened, but as we all know if there aren't any pre commitments there's bugger all chance of anything eventuating. Let's hope the economy keeps heading up.Pikey wrote:I count the tallest tower at 46 levels, and it appears it is on a podium too. So, say a 2 level podium at 4m each, followed by 46 levels at worst case 3.3m, we've got a 160m tower, not including the feature on top. So, around the 165m mark, which wouldn't be outrageously tall for Adelaide.
Will wrote:Urban Construct has recently updated their website an having a look I found this image:
simple..draw perspective lines along the roof and lower windows of the GHD building to get a grasp of the sizeWill wrote:Ben, the reason why it doesn't appear double the height of the GHD building is due to perspective. Items which are further away appear smaller. Hence, if you were to place the mystery tower right next to the GHD building, I suspect that it would be double the height of it.
Will wrote:Victorians can get f#$%^&*!
it's an angry building - just like this oneOmicron wrote:The round building seems to be shouting at the brown one.
Not at all scientific and prone to loads of errors by approximation, but I did a slightly more accurate perspective trace and come to 82 metres for the shorter one. The taller one is ever further back so more problems but probably more than twice as high as the former SGIC building.yousername wrote:
SGIC building is 65m, making the shorter one to be around 140-5m and the taller around 175ish.
The shorter one would be about 80 or 90m in this render as it is right behind GHD. Perspective doesn't change that much.... unfortunatly..yousername wrote:
SGIC building is 65m, making the shorter one to be around 140-5m and the taller around 175ish.
OMG! Are you just guessing? Where's your picture with lots of lines on it?Ben wrote:The shorter one would be about 80 or 90m in this render as it is right behind GHD. Perspective doesn't change that much.... unfortunatly..
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