Search found 235 matches

by how_good_is_he
Thu Sep 02, 2010 9:34 am
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

To balance the argument a bit...Makris has recently sold the Avenues and Northgate [$40m] and is selling the Optus building [$50m+]. So hopefully the funds may go here [if the banks dont keep it]. Do people understand in this environment its not the developer calling the shots or not wanting to star...
by how_good_is_he
Tue Aug 31, 2010 9:19 pm
Forum: CBD Development
Topic: [COM] Adelaide Convention Centre - Stage 3 | $350m
Replies: 1461
Views: 386258

[COM] Re: Adelaide Convention Centre and Riverbank Redevelopment

Whats the forums view on the Festival centre - is it just a 1970s relic that should go and be replaced by something "special" to really put the finishing touch on the whole re-development? Or does it have too much sentimental value etc?
by how_good_is_he
Fri Jul 09, 2010 2:12 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

I know this is going off the subject but ....Prince George an encumbrance [what you are referring to] is common and is more than fair as its in place before you buy in and is not the same as this whatsoever. My point is ACC have no encumbrances/rules in place or authority to do this - that is the po...
by how_good_is_he
Thu Jul 08, 2010 5:33 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

I agree 100% the fence is ugly but my re-collection is that this fence was put up more in protest by Makris. Council first put hedging around Makris property without his approval. Makris point is a valid one - where in the world can any authority just put up a hedge around your property without your...
by how_good_is_he
Thu Jul 08, 2010 1:12 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

When you say he "prefers" to hold it, it may also be because there is no viable alternative but to hold it. If hypothetically you cant get finance for a development and if you were to sell it you would only get your money back [or infact loose money] what would you do [esp. knowing "one day" it will...
by how_good_is_he
Thu Jul 08, 2010 9:03 am
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

If it means anything Makris has put on the market his Optus building, Northgate & Avenues shopping centres, so maybe $100m if sold. But he has also bought the Endouvour Hills Centre Vic for about the same money. Confirming to me its far easier to buy a built shopping centre with little risk and inco...
by how_good_is_he
Tue Jun 29, 2010 6:07 pm
Forum: Metropolitan Development
Topic: COM: [West Lakes] View Point | 31m | 8lvls | Residential
Replies: 40
Views: 10228

Re: #SWP - View Point at West Lakes 8st 31m Apartments

My question Wayno to the owners is when does the approval lapse? Its been over 2 years and I also note that council has changed the height limits along that area of the lake. Could they loose the approval and not get it again [at the same height]? PS Who is the builder?
by how_good_is_he
Sun Jun 20, 2010 1:46 am
Forum: CBD Development
Topic: [COM] Adelaide Oval Redevelopment
Replies: 4475
Views: 703337

[COM] Re: Adelaide Oval Redevelopment - General Discussion Thread

itouch - umbrellas arent actually allowed at the football - so maybe that is the real joke. Its fair enough to joke about being soft but the real argument is that for $535m we should be getting a lot more. Its like ordering a $500k ferrari and not geting air-cond/radio etc as its an extra and you go...
by how_good_is_he
Sat Jun 19, 2010 9:08 am
Forum: CBD Development
Topic: [COM] Adelaide Oval Redevelopment
Replies: 4475
Views: 703337

[COM] Re: Adelaide Oval Redevelopment - General Discussion Thread

I never thought common sense would be an optional extra ....
by how_good_is_he
Fri Jun 18, 2010 9:09 am
Forum: CBD Development
Topic: [COM] Adelaide Oval Redevelopment
Replies: 4475
Views: 703337

[COM] Re: Adelaide Oval Redevelopment - General Discussion Thread

Not having the footbridge undercover is a big mistake - most games played in winter + no umbrellas allowed into ground = your going to get very wet.
by how_good_is_he
Thu Jun 17, 2010 9:38 pm
Forum: Metropolitan Development
Topic: News & Developments: Bowden TOD
Replies: 478
Views: 162325

Re: Bowden Village TOD (Clipsal site)

I am very surprised they are leasing these as most commercial tenants arent going to move in for just a 1 or 2 year lease but would want at least 5years if not longer. Seems like the next 5 years not much may happen except remediation and maybe a section for stage 1? Hope I am wrong but I havent hea...
by how_good_is_he
Tue Jun 15, 2010 9:30 am
Forum: Metropolitan Development
Topic: [COM] Westfield West Lakes (Extension)
Replies: 286
Views: 94372

[COM] Re: Westfield denied request to install boom-gates at West L

No, not at all as the cost to police it [ie the council wages etc] just negates the income. Westfield could take it back from council at any time but its not worth their while. Its with no staff - ie auto. machines it becomes profitable.
by how_good_is_he
Wed Jun 02, 2010 10:18 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

My guess is that he would never sell the retail/commercial but the residential could be left to others with more experience & minimise risk, which would make the project a lot more appealing to the banks. If say Mirvac, Mulitplex etc came in for the residential it would give the project an instant s...
by how_good_is_he
Tue Jun 01, 2010 11:55 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

Exactly! How can you go to market 5-10 years ago if it was only approved 1.5years ago?
by how_good_is_he
Tue Jun 01, 2010 6:20 pm
Forum: CBD Development
Topic: [APP] Former LeCornu Redevelopment | Mixed Use
Replies: 1063
Views: 224089

[APP] Re: SWP: Former LeCornu Redevelopment | 20m | 6lvls | Mixed

Ben are you for real comparing this project with the Uno apartments!! Firstly Uno is actually bankrolled by the Commonwealth Govt [ie you and I as taxpayers]. If the govt wasnt involved it would add maybe 2-3 years to this development! Your comparison actually highlights my point that the finance [i...