[COM] 269 North Terrace | 119m | 36 Levels | Student accommodation

[noted]

Yeah I don't think anyone really took the opposition from Samaras seriously. Was a bit rich considering as part of the Dwell/Adelaidean projects they demolished buildings that were far more worthy of heritage listing than 269 North Terrace.

[Hybrid]

https://www.adelaidenow.com.au/messenge ... 79dfd23a63

Developer of Adelaidean tower on Frome Street loses court challenge against approval of rival Global Student Accommodation building
Renato Castello, Urban Development Editor, The Advertiser

CONSTRUCTION of a 118m-tall student tower on North Terrace has cleared a potentially costly hurdle after the developer of a neighbouring building lost a court challenge to the project.

Kyren Group, developer of what will be Adelaide’s tallest building, had launched court action claiming the public should have a say on the design of the Global Student Accommodation Australia’s $60 million student tower which the state’s planning authority approved in April.

But in a verdict handed down last month, Environment Resources and Development Court Judge Susanne Cole last week rejected Kyren Group’s challenge saying GSA Australia’s project had been properly classified as a Category 1 development and did not require public notification.

Kyren Group wanted the project reclassified as Category 3 triggering the highest level of community consultation, giving opponents the right to appeal any approval and potentially trigerring lengthy court challenges.

The GSA project, which will be Adelaide’s tallest student building, would partially obscure northern views from Kyren Group’s $100 million 135m-tall Adelaidean hotel and apartment tower, which is under construction on Frome St.

Kyren Group director Theo Samaras — whose Adelaidean tower was classified a Category 1 when approved in December 2016 — was joined in the legal action by oral and maxillofacial surgeon Dr Davor Hribar whose practice occupies 240 North Tce, to immediate west of the GSA site.

Mr Samaras is overseas and unavailable for comment.

The paper has sought comment from Dr Hribar and GSA Australia’s head of real estate, Jon Whittle.

The GSA Australia building will require the demolition of the existing First Church of Christ Scientist building, which was the subject of a failed heritage-listing bid in June 2016.

Mr Samaras has refused to say if he had sought the heritage listing.

His company last week secured approval for a 21-storey office building on Franklin Street.

[timtam20292]

Excellent news!

[Pikey]

Without sounding childish, but sucked in. If they had done their due diligence and purchased the property, rather than pathetically apply for heritage protection then try this stunt, their northern views would be preserved.

What will they do when the carpark/Budget site opposite their site on Frome is developed? There's talk of another 30+ tower appearing there. Will they try and block that too?

[Nort]

Without sounding childish, but sucked in. If they had done their due diligence and purchased the property, rather than pathetically apply for heritage protection then try this stunt, their northern views would be preserved.

What will they do when the carpark/Budget site opposite their site on Frome is developed? There's talk of another 30+ tower appearing there. Will they try and block that too?

At the time it would have been a massive delay, but I bet that in hindsight they wish they had bought that block and adjusted their design to take advantage of it so the views over the parklands could be guaranteed long term.

[timtam20292]

A classic case of Woulda, Coulda, Shoulda.

[how good is he]

Not exactly correct. My understanding is Kyren/Samaras well and truly did try to buy the church [269 North Tce] well before it was for sale [prob 2 years prior] after he had bought his neighbouring site. The answer was no - it was not for sale with no indication they would ever sell/move. Further the church had been there since the 1950s. Therefore what would you do? Wait [possibly forever] on the hope that the neighbouring site would come up for sale one-day? Therefore at the time he naturally proceeded with plans, approvals and then off-the-plan sales. By the time the church did decide to sell/come onto the market, he was too far advanced with his plans and sales to do anything about buying/incorporating both sites.

[Hybrid]

Not exactly correct. My understanding is Kyren/Samaras well and truly did try to buy the church [269 North Tce] well before it was for sale [prob 2 years prior] after he had bought his neighbouring site. The answer was no - it was not for sale with no indication they would ever sell/move. Further the church had been there since the 1950s. Therefore what would you do? Wait [possibly forever] on the hope that the neighbouring site would come up for sale one-day? Therefore at the time he naturally proceeded with plans, approvals and then off-the-plan sales. By the time the church did decide to sell/come onto the market, he was too far advanced with his plans and sales to do anything about buying/incorporating both sites.

What stopped him from buying it when it came up for sale.

I understand everything else, including he couldn't incorporate it due to advanced design and sales, but why not find the money to buy it to protect his neighbouring development if it was such a big deal to him to keep the views.

Sounds to me like someone in his circle dropped the ball by not snapping it up when it eventually came up for sale.

[Algernon]

Sounds to me like the Church didn't want to sell to him.

[Mpol03]

Excited to see what will be proposed for the carpark opposite. 30+ could even have it almost as tall. Yayer. Exciting times!

[VibrantCity]

I understand the church initiated discussions with Mr samaras before it was listed and that an agreement was not able to be reached at that time.

[rev]

I’m dissapponted the legal challenge failed purely because how shit this student tower is going to look in such a prominent location.

But I really don’t understand the logic behind the challenge.
If Kyren did buy this property too would Adelaidean be as tall or what...?

And say in the near future when there’s more 100~m buildings around, what is Kyren Group going to do, not build towers because of neighboring towers?

There’s more too this imho.

[how good is he]

Isn’t it reason enough/obvious that this new student accomm. building will wipe out all the un-interrupted North facing views & likely reduce the value in those hotel rooms, apartments & penthouses. The net effect could be many millions lost in value, sale prices & room rates/income.
Another recent example is Crown Sydney is suing the state govt/lend lease over the loss of views and potential lost income saying they weren’t properly consulted about a neighbouring tower to be built.
Even though there may be little chance of success, what more to it can there be but money (& loss of a lot of it)?

[Nort]

Isn’t it reason enough/obvious that this new student accomm. building will wipe out all the un-interrupted North facing views & likely reduce the value in those hotel rooms, apartments & penthouses. The net effect could be many millions lost in value, sale prices & room rates/income.
Another recent example is Crown Sydney is suing the state govt/lend lease over the loss of views and potential lost income saying they weren’t properly consulted about a neighbouring tower to be built.
Even though there may be little chance of success, what more to it can there be but money (& loss of a lot of it)?

It's totally understandable that they would be frustrated that views are lost but their very own development came at the cost of other businesses that were on the site.

They're allowed to try all the allowed legal options, and all of us are allowed to point out the hypocrisy and the legal system can call them out on wasting everyone's time if that is the case.

[Pikey]

Don’t know how many times it has to be said, in ANY city, views are a privilege, not a right. I’m sure the developers of the student tower couldn’t give two shits about the property value of Adelaidean and the Crowne Plaza. Sounds like Samaras was given every opportunity to purchase the site, maybe it was the price that was the sticking point. If he desperately wanted the site he had the chance to secure it. It didn’t work out so they tried the other blocking attempts. Unfortunately for him - too bad.