Sensational-Adelaide.com

[Shuz] wrote:Saw it today too. When will the other two be put up, anyone know?

Major mall for Adelaide CBD

Posted Date: 22/08/2011

By Inside Retail

Construction has started in Adelaide’s Rundle Mall of a $385 million development which is expected to revitalise the city’s CBD retail precinct.

Pacific Development, a member of The Pacific Group of Companies, has named the project Rundle Place. A mixed use development, it will feature 11 stories of five star, environmentally friendly office space leased to Bendigo and Adelaide Bank, standing above an international class retail precinct.

The 22,500sqm shopping centre, located between Myer and David Jones, will be anchored by a Harris Scarfe flagship and a new generation, full-size Coles supermarket.

Due to open early in 2013 Rundle Place will have 85 retail stores spread over four interconnected, free-flowing floors. Pacific says the centre will become “Adelaide’s fashion, food and style destination”.

Harris Scarfe has pledged to build a modern flagship store on the site where it has traded for nearly 100 years.

MD Joe Barberis said the company is delighted to be a key part of the new Rundle Place development.

“Harris Scarfe has been trading in Rundle Mall for nearly 100 years and this will set us up for the next 100 in a world class retail centre,” he said.

The store will feature 10,000sqm of retail space selling quality branded homewares, manchester and fashion at value prices.

Rundle Place will also feature an expansive international food court capable of seating 500 people and vehicular access for customers through the adjoining, Grenfell St car park, boasting 500 casual spaces.

The project is a show of confidence by Pacific Development in the Adelaide CBD and the State of South Australia. The investment commitment represents the largest single phase private development in the CBD in over 20 years.

Pacific will deliver and manage the centre in line with its existing retail holdings which include Werribee Plaza and Epping Plaza in Melbourne.

Ilona Rose, project leasing manager for Rundle Place, said the footfall in Rundle Mall is huge, with 23 million people visiting annually. It is not just at the heart of the local Adelaide community: 85 per cent of all visitors to Adelaide visit Rundle Mall

“We have had an exceptionally positive response from all the leading brand retailers. Their input has been fundamental in the direction and design of the centre,” said Rose.

“The feedback the Pacific Group has received is that they have been waiting for exactly this kind of aspirational development for some time.

“Rundle Mall is a powerful address in the retail market and with the birth of Rundle Place it will become even stronger. Adelaide will finally have the opportunity to enjoy the dynamic and energised platform that typifies great CBD centres which Melbourne, Sydney and Brisbane have been evolving and enjoying for some time,” said Rose.

“Rundle Place is envisioned to capture and attract some of the most exciting retail brands through providing a destination that delivers a vibrant, fun dynamic and fashion forward shopping experience. It is truly exciting for the city.”

Coles South Australian GM, Vito Borrello, said Coles’ commitment to the project underlines its commitment to investing in South Australia.

“The new Rundle Place Coles will be a state-of-the-art supermarket, and will feature fresh fruit and vegies displayed on ice, in-store butchers and bakers, and an extensive range of local South Australian foods.”

The project is being designed by The Buchan Group (Australia) & RTKL (International)

Ben wrote:I think I saw another crane base on site today near Grenfell street.