[COM] 50 Flinders St | 63m | 15lvls | Office

[Ben]

According to the latest Knight frank Property report an office tower of 24,000sqm is planned for the Savings and Loans site on Flinders Street.

http://www.knightfrank.com.au/content/u ... sdev10.pdf

[metro]

i'm going to make a prediction: it will be a boring/ugly 15 floor concrete and glass box and it will include a huge parking station...the parking station will be built first and the office component will be conveniently forgotten about

Hope i'm wrong!

[crawf]

I always thought that Savings & Loans building was such a waste of space. Good news, look forward to hearing more details

[razmo]

is this the corner building or the one next to it?

[Ho Really]

i'm going to make a prediction: it will be a boring/ugly 15 floor concrete and glass box and it will include a huge parking station...the parking station will be built first and the office component will be conveniently forgotten about

Hope i'm wrong!

Haven't been down this part of Flinders Street for a while so I can't be certain of the size of the current building, but from memory the allotment should be able to accommodate a tower of more than 15 floors. Don't judge this by comparing it to the Harris Scarfe development where the floor space is the same. I'm guessing a 20-level building around the 80 metre mark.

Cheers

[Will]

From the Advertiser:

Credit union eyes city venture

by: Russell Emmerson From: The Advertiser November 21, 2011 12:00AM



An artists impression of the new Peoples Choice building on Flinders St. Source: Supplied


AUSTRALIA'S second-largest credit union will develop new base on Flinders St to show its commitment to SA.

People's Choice Credit Union - the name of the merged Savings & Loans and Australian Central Credit Union - will sell its Flinders St offices to builder Commercial & General and lease back a new five-star head office.

Managing director Peter Evers said the decision gives builder Commercial & General a good start at making the numbers work for the project.

"In its current state, our Flinders St site is really just land value (to us). It's 30 years old and very, very full. It always had to be redeveloped, not just fitted out," he said.

Mr Evers said the choice of the South Australian-based Commercial & General was also a conscious decision to commit to South Australia.

"The board has been very passionate about Adelaide being our head office as we go national. We want to be a great business in this state and we need an iconic head office," he said.

Although the credit union has committed to taking half the 20,000sq m office space for the next 10 to 15 years, Commercial & General must gain sufficient precommitment from other tenants.

Commercial & General managing director Jamie McClurg said the firm would target smaller companies - an approach that would also let People's Choice grow into additional space over time.

"It is mainly smaller tenants that don't get into A-grade, five star buildings," he said.

The project is still subject to finance and development approval

[Ben]

50% commitment and a builder chosen. Sounds good. Looks to be about the same height as santos. Will be a nice filler.

[Waewick]

great effort, I know it isn't a massive builder, but it is an SA company in a time where people are screaming for work.

good on them

[mshagg]

Was always going to happen - there's only so long you can run a dual head office structure for.

[Wayno]

Is this at 52-54 Flinders St?

[phenom]

It's hard to tell from google maps what is and isn't part of the site, though judging from the render it includes both the 'corner' block which is the main PC office and the taller brown brick (5 storey?) office which is apparently a longish block. I would assume this building would involve knocking down both parts, but using the google earth 'ruler' I get a total block size of about 750sqm (ignoring what I think is the rectangular bit on the back on the taller existing office, currently appears to be a car park). Something's now right here because you don't get 20,000 sqm from a 10 or 12 storey building on a 750sqm block...

[UrbanSG]

Going by the render in today's paper this will be 15 storeys (including ground floor).

[jk1237]

got an internal email about our new head office last week. Forgot to mention on here. Its the site of the old savings and loans branch on corner of gawler Place and Flinders Street. Email says its 14 storeys (I guess not including ground floor).

My department is staying in the Optus building though, bugger

[Ben]

My department is staying in the Optus building though, bugger

Surely that would be until the building is completed in 2014 as the artcile mentions they want the bigger building to accomodate more workers as the company grows.

[Jatza]

pretty nice design, the glazing system will need to be mint to pull off such a simple design though.

Does anyone konw who the architect is?