[COM] 115 King William Street | 91m | 26lvls | Office

[Ben]

There's not really any information on those developers on Google - are we confident this is going to go ahead? I wouldn't get carried away.

It was only lodged with the ACC on the 18th. It's in it's very early stages. Approval is probably 6 months away atleast.

[Splashmo]

Regardless of approval, it may never eventuate, that's what I'm saying.

[Ben]

Regardless of approval, it may never eventuate, that's what I'm saying.

Well yeh, of course...

[Mpol]

I really hope it can happen. I hope this decade can see more 100m+ and even something nearing 200m. Optimistic I know but with the way this state has been performing of late, it is only a matter of time.

[Norman]

There's not really any information on those developers on Google - are we confident this is going to go ahead? I wouldn't get carried away.

They look more like raw company names, they probably trade under different business names.

[skyliner]

So good to see this. i thought this was dead.have been out of touch in last 3 weeks - death in the family. Things seems to be moving again now with O'Connell St, Bank St, Angas St and Franklin St developments as well as Ifould. 2010 starting to look good re city bldg projects. 25 floors - I wonder if it is still the same as the original render?

ADELAIDE - TOWARDS A GREATER CITY SKYLINE

[SRW]

So good to see this. i thought this was dead.have been out of touch in last 3 weeks - death in the family. Things seems to be moving again now with O'Connell St, Bank St, Angas St and Franklin St developments as well as Ifould. 2010 starting to look good re city bldg projects. 25 floors - I wonder if it is still the same as the original render?

ADELAIDE - TOWARDS A GREATER CITY SKYLINE

Sorry to hear about your loss, Skyliner. My, and I'm sure the forum's, condolences to you and your family.

[Will]

From the Advertiser:

Giant $17m tower at the hub of Adelaide's CBD overhaul

DANIEL WILLS, POLITICAL REPORTER From: The Advertiser April 07, 2010 11:53PM

A 25-STOREY retail and office tower in King William St is planned as the latest addition to an emerging and bustling business hub in the city's centre.
Investors are targeting the City Central region - bounded by King William and Franklin streets - as the focus of a revived city centre.

Aspen Group, which controls most of the land in the precinct, is promoting the overhaul as Adelaide's biggest urban redevelopment.

Documents obtained by The Advertiser show a $17 million tower, which would be the sixth-tallest in the city, is planned for a King William St site fronting the Pirie St tram stop.

The proposal, designed by prominent local firm DASH Architects, is expected to be examined by Adelaide City Council and the State Development Assessment Commission in coming months.

The district already includes the Ernst & Young and ANZ buildings on the corner of King William and Waymouth streets and News Limited's Adelaide headquarters.

A green light for construction also has been given for the controversial Tower 8, fronting Franklin St, and Electra House, facing King William St.

The next stage of the expansion is expected to result in more than 8000 workers being accommodated in one city block.

Property Council of Australia SA executive director Nathan Paine said the latest plans were a vote of confidence in a district "critical to the rebirthing of the CBD".

"There's certainly a phenomenal amount of activity, both current and proposed," he said yesterday.

"If you look at the impact of the precinct as a whole and what it's done for that corner of the city, it's just brought life, activity and vibrancy.

"If you want to be seen these days you have to head down to Waymouth St, that's where everyone's at."

Council documents show the value of developments approved last year - in the middle of the global financial crisis - crashed to $230 million from $830.4 million in 2008.

Business monitoring agencies have predicted a rapid shift in Adelaide's fortunes this year as confidence returns to the market and defence and mining industries expand.

A Colliers' International report forecast the amount of vacant office space in Adelaide to decline rapidly in the next 12 months.

Lord Mayor Michael Harbison said new large-scale developments were critical to accommodate the growing number of city workers, which has surged from 89,000 to about 120,000 during his eight-year reign.

"If we want to capitalise on the mining boom and the defence boom it's necessary to have a peak services city," he said.

"There are a lot of important factors that go into that - one is scale

"It's important to have a critical mass. We need office space."

Australian Institute of Architects SA chapter president Tim Horton said dense city pockets were inherently more vibrant.

He warned, however, maintaining public space was critical to the quality of life.

"What City Central does successfully is it balances tall, dense buildings with external open space," he said.



BUSTLING CITY CENTRE

1 Tower 1, ANZ House Office space over 21 levels, two-level basement car parking and a ground floor food court.

2 Tower 2, Ernst & Young Building - Commercial space home to several other blue chip organisations. Former Advertiser site 3Tower 8 - Under construction.

Seventeen floor commercial building including two-level basement car park. Australian Tax Office flagged as major tennant.

4The Advertiser - Five-storey commercial building home to News Limited enterprises.

5 Electra House - Under construction. Involve adaptive reuse of an existing heritage building. Will feature pub and cafe style entertainment.

6 Spire site - Fate of the planned 33-storey residential building is in limbo with its developer in administration.

[AtD]

So we beat the Tiser to the news by about 10 days. Awesome.

[Pikey]

Here's the render in today's paper - it's quite a looker in my opinion

[Pants]

Yeah, looks good. Done by the same Architects who did the previous proposal, so looks fairly similar, but a bit more refined imo.

[Pants]

Here's a smaller render:

[Ben]

Looks good. not sure about the $17M figure...

[omada]

Yeah looks awesome, the small floorplates for this are quite rare in recent Adelaide developments. I agree, the $17million figure quoted in the article does seem pretty low. Really hoping this one will go ahead.

[Omicron]

I say - my whimsical comment about filing cabinets and cats was swept out of the thread!



In other news, what should we make of the Advertiser's suggestion that the building will be the sixth-tallest in the city? That sounds like CC1-type height to me - in the 80 metre range or thereabouts. Don't get me started on that silly scaffolding on the south-east corner of CC1, either.