[COM] SA Water | 56m | 11lvls | Office
Posted: Tue Oct 04, 2005 11:17 pm
The ACC's capcity website had this development down at $5 million. Well, that site is officially useless:
Church dips toe in the Water with $100m proposal
Maurice Dunlevy
September 20, 2005
A PROPOSAL from the Catholic Church is one of three shortlisted for Adelaide's latest office tower, a $100 million "green" building for the state government-controlled SA Water.
The church, Perth's Caversham Group, and a local consortium are on the shortlist to develop the new tower.
A dozen office towers are already under construction or proposed for the Adelaide CBD, seven of which are being built. If the church's proposal proceeds, the new water authority office tower will be developed on the site of the old Tram Barn at 242-260 Victoria Square, directly opposite the new Commonwealth Law Courts being built at 1 Angas Street.
Proposed by the Catholic Church Endowment Society, the 16,000sqm Tram Barn redevelopment site, only a short distance from St Francis Xavier's Cathedral and St Aloysius College girls school, would include a mix of church and community facilities.
The Caversham proposal is at its massive City Central site, where the Commonwealth Property Office Fund has already paid $143 million for a yet to be completed building.
Situated at the corner of Franklin and Bentham streets, the site has been shortlisted along with a former telephone exchange building at 42-56 Franklin Street, which is controlled by private local interests.
The shortlist is a result of an expressions of interest campaign started almost a year ago for a 16,0000sqm, five-star, energy-rated building.
The planned office tower will consolidate three existing SA Water metropolitan offices.
They include a 77 Grenfell Street head office, which is owned by Sydney property investors Danny Goldberg and Greg Shand, who paid more than $41.7 million for the 20-storey building in 1993. SA Water chief executive Anne Howe said the preferred site for the new headquarters building would be announced next year.
***
So, we've got SA Water seeking a new HQ, and 3 proposals put forward. Tram Barn, Franklin St and City Central 3 (also on Franklin St) which Will started a thread on recently.
Church dips toe in the Water with $100m proposal
Maurice Dunlevy
September 20, 2005
A PROPOSAL from the Catholic Church is one of three shortlisted for Adelaide's latest office tower, a $100 million "green" building for the state government-controlled SA Water.
The church, Perth's Caversham Group, and a local consortium are on the shortlist to develop the new tower.
A dozen office towers are already under construction or proposed for the Adelaide CBD, seven of which are being built. If the church's proposal proceeds, the new water authority office tower will be developed on the site of the old Tram Barn at 242-260 Victoria Square, directly opposite the new Commonwealth Law Courts being built at 1 Angas Street.
Proposed by the Catholic Church Endowment Society, the 16,000sqm Tram Barn redevelopment site, only a short distance from St Francis Xavier's Cathedral and St Aloysius College girls school, would include a mix of church and community facilities.
The Caversham proposal is at its massive City Central site, where the Commonwealth Property Office Fund has already paid $143 million for a yet to be completed building.
Situated at the corner of Franklin and Bentham streets, the site has been shortlisted along with a former telephone exchange building at 42-56 Franklin Street, which is controlled by private local interests.
The shortlist is a result of an expressions of interest campaign started almost a year ago for a 16,0000sqm, five-star, energy-rated building.
The planned office tower will consolidate three existing SA Water metropolitan offices.
They include a 77 Grenfell Street head office, which is owned by Sydney property investors Danny Goldberg and Greg Shand, who paid more than $41.7 million for the 20-storey building in 1993. SA Water chief executive Anne Howe said the preferred site for the new headquarters building would be announced next year.
***
So, we've got SA Water seeking a new HQ, and 3 proposals put forward. Tram Barn, Franklin St and City Central 3 (also on Franklin St) which Will started a thread on recently.
I am guessing it will be a large building as that site is fairly darn big, going with the trend of campus-style offices of late. Office market in Adelaide is still nice and strong so that's good. Victoria Square and streets near-by are definately the new area for office construction in Adelaide. Bit of a shame the northern end of town is being left slightly in the dark but good to spread out the developments as well. I am guessing more re-furbs for the north and new buildings to the south. Victoria Square will soon look amazing with all these new buildings. They need to get that Victoria Square redevelopment idea going again as it needs a major overhaul itself.
