[COM] COM/CAN: Aurora on Pirie | 54/57m | 14/15lvls | Office

[Will]

I am thinking of property investment in Adelaide. Anyone know the price range of apartments in Auriora? (as per size, floor level? What better place for someone in the east - generall cheaper to get in over in Adelaide - but I suspect not for long! Also investing within the CBD attracts my attention.

ADELAIDE - TOWARDS A GREATER CTY SKYLINE.

Aurora is not an apartment building. Instead you buy office space. I think that for 30sqm2 on the lower floors will set you back $189 000. For more infor I would recommend the Aurora website: http://www.auroraonpirie.com.au

[skyliner]

Much appreciated Will!

[dips]

Zamels owns the old Powerstate credit Union Site, The 4 level building next door, The Ciao, Fasta/Pasta site and the 2 level building down hyde st.

All of the above buildings are vacent except the 2 level building in Hyde st and the Ciao restaurant and Joggers World. Joggers world are relocating to their old site (where the explosion was last year) in about August this year when the building will be finished.

Behind the old Powerstate Head office there is a rather large ground level only carpark. So really there is a lot of vacant buildings and land already so no wonder they are keen to get on with it.

sorry to bring up an old topic, but this is actually incorrect

the old hong kong building is still being tenanted, by the jewellery group, who are leasing it from the Zamels family. (i work for the jewellery group)

we will be moving in february to our new premesis in Vic Square, this is why the old Powerstate building will be demolished first followed by the Hong Kong building (4 story one)

Originally, we had a 2 year lease from april this year, which would have expired in 2009.

i can provide more information on the site if you like, i know the area very well

[Pikey]

So, construction should be commencing today, according to the Advertising hype!

[Ben]

I think they only have planning approval not approval for demolision of buildings as yet. Maybe Will can confirm.

[Will]

I think they only have planning approval not approval for demolision of buildings as yet. Maybe Will can confirm.

That is correct Ben, they only have planning approval at this stage. Development approval for the demolition is iminent however.

[Ben]

Wonder what this entails:

Lodged today with acc:

Variation to previous - Demolish existing buildings and construct 2, 15 level office buildings with ground level retail tenancies, ancillary car parking and other facilities - Various amendments

[Will]

Wonder what this entails:

Lodged today with acc:

Variation to previous - Demolish existing buildings and construct 2, 15 level office buildings with ground level retail tenancies, ancillary car parking and other facilities - Various amendments

Probabaly a dumbing down of the design (more exposed concrete, more green glass, removal of the decorative features on the façade). Hopefully I'm wrong, but recent events...

[skyliner]

A great looking project - superimposed on the Hines publicity photos would really fill a hole and add to that coming central park look.anything happening of late? Have'nt heard a thing. Any demolition acceptance yet from Nov.12th.?

ADELAIDE - TOWARDS A GREATER CITY SKYLINE

[Ben]

New signs up on site. Construction commencing March 1st 2008.

[thechap]

New signs up on site. Construction commencing March 1st 2008.

So that'll be this and CoH going up at the same time. The pacific hotel in between won't be a great place to stay from march next year!

[Ben]

Demolition on track for 4 weeks time.

31/01/2008
Variation to previous - Demolish existing buildings and construct 2, 15 level office buildings with ground level retail tenancies, ancillary car parking and other facilities - Various amendments - Demolition of buildings

[Ben]

Variation lodged yesterday:

DA/266/2007/A
11/02/2008
Development Application Received
Vary previous authorisation to demolish existing buildings and construct 2, 15 level office buildings with ground level retail tenancies, ancillary car parking and other facilities - demolish and construct eastern building as Stage 1 and demolish and construct western building at a later stage

[Edgar]

There is going to be a lot of construction going on around Hindmarsh Sq!

[AtD]

Variation lodged yesterday:

DA/266/2007/A
11/02/2008
Development Application Received
Vary previous authorisation to demolish existing buildings and construct 2, 15 level office buildings with ground level retail tenancies, ancillary car parking and other facilities - demolish and construct eastern building as Stage 1 and demolish and construct western building at a later stage

It looks like the developers are a little nervous about recent market events.