by Shuz » Fri Nov 07, 2008 4:53 pm
Well, since we haven't seen a render to match, who knows, maybe the new building will retain the Georgian facade? It looks elegant, but is better off being retained in the suburbs than our main commercial district.
Adelaide looks set to bypass the financial turmoil, because a lot of our developments are far smaller than the developments occuring in Queensland - which by Australian standards were quite monumental and required significant investment. The scale of developments here means its a less risky investment to finance these projects, so we'll continue to see them coming through despite the market conditions. The mining boom helps things too, and with the SA unemployment rate defying national trends I definetly believe SA's future is far more secure in the short, medium and long term than of our interstate cousins.