[COM] 58-76 Franklin Street | 70m | 19lvls | Mixed Use

[Ben]

Work on stage 2 is about to start.

Type: Application Assessed on Merit
Application Number: DA/322/2010/4/B
Lodgement Date: 10/06/2011
Location: 58-76 Franklin Street, ADELAIDE SA 5000
Description: Vary previous authorisation to demolish existing building fronting Franklin Street, construct further 5 levels to existing Young Street car park, reclad facade and upgrade existing retail tenancies, construct 16 level residential building and 19 level office building with associated car parking - VARIATION - changes to Franklin Street elevation and facade encroachment - DEMOLITION OF EXISTING BUILDING (SECOND STRUCTURE)

[UrbanSG]

Can't wait for this one to start. It will really change Franklin Street for the better and help cover the Telstra Exchange when viewed from the SW.

The fact that it doesn't require pre commitment like 400 King William Street and Coglin Street is obviously allowing it to proceed on schedule.

Although this application is not for the structure itself hopefully that application will follow soon. The steel frame construction should also make it quick to rise.

[UrbanSG]

Car park, taken today:

[dbcrow]

Looks like the car park has opened today.

$13 for early bird parking, if you're in before 9:00 and out before 7:00.

For comparison, the Bus Terminal Car Park is $10.50 for early bird, if you're in before 8:30.

[UrbanSG]

Fencing has gone up around the old Just Kidding building and there is no more parking going on inside (probably all in the new car park now).

Demolition should be imminent. Good riddance!

[Norman]

Demolition is about half done now.

[UrbanSG]

Well after a weekend out of action the CC8 webcam is working again and it looks like the old Just Kidding building on this site has been completely demolished now as you can see in the mid right of this webcam capture:

[UrbanSG]

Taken today:

[UrbanSG]

Fencing application. From ACC website:

Type: Development Application Received
Application Number: DA/576/2011
Lodgement Date: 18/07/2011
Location: 58-76 Franklin Street, ADELAIDE SA 5000
Description: Erect temporary hoarding.
Applicant Name: KYREN P/L LEVEL 6, 12-24 Gilles St, ADELAIDE SA 5000

[iTouch]

this picture shows the shear width and area size of CC8 compared to ANZ tower as well

[UrbanSG]

Been waiting for this application to be lodged seeing as piling has commenced on site recently.

Application Number: DA/322/2010/5/B
Lodgement Date: 27/07/2011
Location: 58-76 Franklin Street, ADELAIDE SA 5000
Description: Vary previous authorisation to demolish existing building fronting Franklin Street, construct further 5 levels to existing Young Street car park, reclad facade and upgrade existing retail tenancies, construct 16 level residential building and 19 level office building with associated car parking - VARIATION - changes to Franklin Street elevation and facade encroachment - STAGE 4 - 18 LEVEL OFFICE & APARTMENT BUILDING - CONSTRUCTION STAGE 1 - SUBSTRUCTURE
Applicant Name: KYREN P/L LEVEL 6, 12-24 Gilles St, ADELAIDE SA 5000

[Ben]

Been waiting for this application to be lodged seeing as piling has commenced on site recently.

Application Number: DA/322/2010/5/B
Lodgement Date: 27/07/2011
Location: 58-76 Franklin Street, ADELAIDE SA 5000
Description: Vary previous authorisation to demolish existing building fronting Franklin Street, construct further 5 levels to existing Young Street car park, reclad facade and upgrade existing retail tenancies, construct 16 level residential building and 19 level office building with associated car parking - VARIATION - changes to Franklin Street elevation and facade encroachment - STAGE 4 - 18 LEVEL OFFICE & APARTMENT BUILDING - CONSTRUCTION STAGE 1 - SUBSTRUCTURE
Applicant Name: KYREN P/L LEVEL 6, 12-24 Gilles St, ADELAIDE SA 5000

I thought this was to be a 3 stage project as in 1. carpark, 2 Apartments, 3 Office. Good to hear the later too are being combined. Even though Kyren's developments aren't going to be winning any architecture awards any time soon they sure get points for getting the job done.

[UrbanSG]

Agreed Ben.

Exactly when they said they would start as well. Financing the majority of the development cost by themselves obviously helps.

Their method is working too. Although 400 KW is not yet full another lease has recently been signed with Hunt and Hunt lawyers and I think Workcover are moving there later this year as well.

Kyren's projects provide new office accommodation for companies occupying under 2,000 square metres and can't pre commit to the larger developments around the city.

[dbcrow]

WorkCover moving to 400 KWS in May 2012.

[Ben]

Article in todays paper about this development. it is commencing as 400 KW street in now fully leased. Expected completion is March 2013. The article says Ahrens are the builders but I don't know if that is true as they are building the adjacent carpark and the Advertiser most likely assumed it was all the one site? time will tell.