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[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Wed Jun 10, 2015 12:08 pm
by Waewick
Patrick_27 wrote:Some interesting points I heard on this development today.
- Sheldon? Hotel chain have signed a contract to operate a hotel within this site. Could have heard wrong, but apparently they're very high end.
- Wallis Cinemas will be making an announcement soon on their plans to open a 6-8 screen cinema within the sites development, with plans to close Piccadilly cinema and reuse the other purposes. There were plans for a $7m upgrade of Piccadilly with a further three screens to be built, however Wallis recognise that the site doesn't have any off-street parking and that $7m isn't a realistic figure to spend on such a development.
The new cinema will cost far less and be positioned better within the O'Connell Street precinct.
This deal stemmed from the sale of the site from Wallis to Makris.
what a shame all that Art Deco is going to be lost.
but if it means something happens on this site the hoooobloodyrah!
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Wed Jun 10, 2015 12:40 pm
by crawf
Waewick wrote:Patrick_27 wrote:Some interesting points I heard on this development today.
- Sheldon? Hotel chain have signed a contract to operate a hotel within this site. Could have heard wrong, but apparently they're very high end.
- Wallis Cinemas will be making an announcement soon on their plans to open a 6-8 screen cinema within the sites development, with plans to close Piccadilly cinema and reuse the other purposes. There were plans for a $7m upgrade of Piccadilly with a further three screens to be built, however Wallis recognise that the site doesn't have any off-street parking and that $7m isn't a realistic figure to spend on such a development.
The new cinema will cost far less and be positioned better within the O'Connell Street precinct.
This deal stemmed from the sale of the site from Wallis to Makris.
what a shame all that Art Deco is going to be lost.
Surely it would be heritage listed, so I'd say it's safe if Wallis do relocate.
It's a beautiful old building and it will be a massive shame to lose it.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 4:09 am
by Patrick_27
ghs wrote:Can you name the source of your info patrick ?
That brings the new hotel count to 7 including the airport
hotel which is a few years away.
Can't name the source, but senior level at Wallis head-office.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 4:12 am
by Patrick_27
crawf wrote:Waewick wrote:Patrick_27 wrote:Some interesting points I heard on this development today.
- Sheldon? Hotel chain have signed a contract to operate a hotel within this site. Could have heard wrong, but apparently they're very high end.
- Wallis Cinemas will be making an announcement soon on their plans to open a 6-8 screen cinema within the sites development, with plans to close Piccadilly cinema and reuse the other purposes. There were plans for a $7m upgrade of Piccadilly with a further three screens to be built, however Wallis recognise that the site doesn't have any off-street parking and that $7m isn't a realistic figure to spend on such a development.
The new cinema will cost far less and be positioned better within the O'Connell Street precinct.
This deal stemmed from the sale of the site from Wallis to Makris.
what a shame all that Art Deco is going to be lost.
Surely it would be heritage listed, so I'd say it's safe if Wallis do relocate.
It's a beautiful old building and it will be a massive shame to lose it.
Building is heritage listed. Wallis have no intention to sell the building/site, no plans yet on what will eventuate with the Piccadilly but it sounded like there may be plans to turn into some kind of a function venue. Perhaps like Mt. Barker.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 4:16 am
by Patrick_27
Also forgot to mention, this came from a high-up source at Makris Group. They're talking to a couple of international department store/clothing chains to become an anchor tenant for the shopping component of the development, one of which I believe is Greek. A bit of irony there...
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 9:39 am
by rev
Patrick_27 wrote:Also forgot to mention, this came from a high-up source at Makris Group. They're talking to a couple of international department store/clothing chains to become an anchor tenant for the shopping component of the development, one of which I believe is Greek. A bit of irony there...
Could be Attica which has within it most high end luxury brands, apparently one of the best department stores in Europe.
But I doubt it. Folli Follie might be a better chance as they already have over 500 stores world wide(42 in Greece), but they only make jewellry, watches and accessories.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 6:56 pm
by Smithy85
Approved by DAC today. Due for completion in 2019.
Will be great for the 7 people that still have jobs in Adelaide then.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 6:57 pm
by Kasey771
crawf wrote:Waewick wrote:Patrick_27 wrote:Some interesting points I heard on this development today.
- Sheldon? Hotel chain have signed a contract to operate a hotel within this site. Could have heard wrong, but apparently they're very high end.
- Wallis Cinemas will be making an announcement soon on their plans to open a 6-8 screen cinema within the sites development, with plans to close Piccadilly cinema and reuse the other purposes. There were plans for a $7m upgrade of Piccadilly with a further three screens to be built, however Wallis recognise that the site doesn't have any off-street parking and that $7m isn't a realistic figure to spend on such a development.
The new cinema will cost far less and be positioned better within the O'Connell Street precinct.
This deal stemmed from the sale of the site from Wallis to Makris.
what a shame all that Art Deco is going to be lost.
Surely it would be heritage listed, so I'd say it's safe if Wallis do relocate.
It's a beautiful old building and it will be a massive shame to lose it.
I foresee a very vocal 'anti' campaign if anyone proposes destroying that beautiful Art Deco facade.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 7:48 pm
by The Scooter Guy
http://www.adelaidenow.com.au/messenger ... 7393592711
And I've been trolled! Why should we pay to view this article?
Remember when there was a bygone era when the internet was very different compared with today?
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 9:04 pm
by Briggzy_03
The Scooter Guy wrote:
And I've been trolled! Why should we pay to view this article?
Remember when there was a bygone era when the internet was very different compared with today?
http://www.news.com.au/national/makris- ... 7393592711
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Thu Jun 11, 2015 11:44 pm
by Ben
And his lies and dragging out of this saga continue. "Construction should begin late next year". Seriously this guy is a joke.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Fri Jun 12, 2015 12:43 am
by SouthAussie94
Kasey771 wrote:
I foresee a very vocal 'anti' campaign if anyone proposes destroying that beautiful Art Deco facade.
Wallis demolishing an Art Deco facade? That would NEVER happen in a million years.... /s
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Fri Jun 12, 2015 6:17 pm
by ghs
It's a fair size development - retail outlets, cinemas, 5 star hotel and a 16 level apartment tower.
Surely they will build it in 2 - 3 stages, I just wish they would be able to start on it sooner then
the end of next year.
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Fri Jun 12, 2015 9:49 pm
by Brando
I'm glad it's been approved, now the onus is on Makris. Let's see how serious he is, or what excuse he'll come up with....
[U/C] Re: Former LeCornu Redevelopment | Mixed Use
Posted: Sat Jun 13, 2015 1:01 am
by Patrick_27
ghs wrote:It's a fair size development - retail outlets, cinemas, 5 star hotel and a 16 level apartment tower.
Surely they will build it in 2 - 3 stages, I just wish they would be able to start on it sooner then
the end of next year.
You're right, it appears it'll be a staged development. My source said that Wallis would be open there within two years, so I imagine that the shopping and hotel component will open first and the apartments will open in 2019.