Sensational-Adelaide.com

From the website

Burger wrote:"high-end lifestyle, high-end fashion but for all age groups and budgets". Did anyone else spot the contradiction...?

Now catering for all budgets, from outrageous to exorbitant.

This looks to be U/C. Hordings up and machinery on site.

Progress pics ASAP

The Scooter Guy wrote:Progress pics ASAP

From Friday - bigger than I expected - middle section has been bulldozed, leaving the southern & northern sections:






















http://xaragmata.mooo.com/album/adelaid ... _0633.html

Thanks Xara think I saw a crane base

Ben wrote:Thanks Xara think I saw a crane base

We may soon reach a stage where there may be more cranes in the suburbs than in the CBD

What shops did the middle section have?

Xaragmata wrote:
From Friday - bigger than I expected - middle section has been bulldozed, leaving the southern & northern sections:

Faux-outdoor atria must die.

I agree with you about this being bigger than expected - mind you, if $100 million is to be spent on such a short building with relatively limited floor area, I suppose it has to go somewhere.

Omicron wrote: I agree with you about this being bigger than expected - mind you, if $100 million is to be spent on such a short building with relatively limited floor area, I suppose it has to go somewhere.

The $100 MIL is for the imported hand carved ivory floor tiles and the gold plated platinum taps in the wash rooms

bm7500 wrote:

Omicron wrote: I agree with you about this being bigger than expected - mind you, if $100 million is to be spent on such a short building with relatively limited floor area, I suppose it has to go somewhere.

The $100 MIL is for the imported hand carved ivory floor tiles and the gold plated platinum taps in the wash rooms

If there are attendants with warmed towels in these gold-plated washrooms, I'm there.

Omicron wrote:

bm7500 wrote: The $100 MIL is for the imported hand carved ivory floor tiles and the gold plated platinum taps in the wash rooms

If there are attendants with warmed towels in these gold-plated washrooms, I'm there.

If that is the case i will be willing to drive the 45 kilometres to burnside from where i live just to use the toilet.

I think it says alot about the ridiculous rents these places charge when they are building these projects on near 100% lended money

JamesXander wrote:I think it says alot about the ridiculous rents these places charge when they are building these projects on near 100% lended money

FYI - the area that was referred to as Stage 2 (the south eastern multistorey carpark and new mall entry statement) was all paid for out of cashflow. Whilst I am not privy to current financials I know a lot of discussion was held about whether or not to do something similar with this section. It would not surprise me if they have finance anywhere between 0%-75%. The group actually owns about 50 properties with next to no debt on an LVR basis and have the capability to do pretty much anything in that range - ovbiously the banks have a limit on their LVR covenants so anything nearing 100% funding is impossible in the current market.

Take a nostalgic look at this ad from 1988!