[PRO] 80 Currie Street | 137m | 34 levels | Office

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[PRO] 80 Currie Street | 137m | 34 levels | Office

#1 Post by Ben » Fri Nov 29, 2019 7:42 pm

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From the Advertiser

Commercial & General’s Jamie McClurg unveils new tower plans
The new tallest building in Adelaide was anointed less than a month ago. But a new tower may be coming. And it’s set to take the crown.

Weeks after Adelaide’s new tallest building reached its highest point at the city’s east end, one of the state’s prominent developers has unveiled plans for an even taller tower in the heart of the CBD.

Commercial & General is proposing to build a 34-storey office building at 80 Currie St, on the corner of Kingston St, rising 136.6 metres and eclipsing the Frome Central development on Frome St.

Frome Central – comprising the Adelaidean apartments and Crowne Plaza hotel – topped out at 135 metres in November, making it the city’s new tallest building.

Commercial & General executive chairman Jamie McClurg said his company’s “unashamedly bold” proposal underlined a new vision for the city.

“We normally keep projects under wraps while we go through the precommitment phase of negotiating tenancy arrangements,” he said.

“However, we also believe it’s important to be brave as well as visionary; to have the ideas that will help shape the future of our city and to not be afraid to talk about them.

“We aren’t developers that want buildings designed by accountants. We want structures that inspire and are measured for their social and commercial impact on the city.

“In this way, we believe 80 Currie Street will not only be the tallest commercial tower in Adelaide but that it also signals a renewal of the city as a place for business.”

Designed by Woods Bagot, the building comprises 36,800 sqm of office and associated space, and is one of the state’s first projects to target WELL V2 certification.

WELL V2 is the highest benchmark in a global rating system used to measure how a building’s design contributes to the physical and emotional wellbeing of its occupants.

Commercial & General recently completed construction of the $345 million Calvary Adelaide Hospital, and will next year begin work on the $320 million SAHMRI II facility on North Tce.

Earlier this month it won a bid to develop the former Le Cornu site at North Adelaide.

“We have a proven capability as a locally-headquartered organisation that can manage and develop the hard-to-do projects for South Australia,” Mr McClurg said.

“These are projects of the size and scale that would traditionally push them beyond the scope of SA companies, making them the exclusive domain of the large eastern states and multinational developers.

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#2 Post by Ben » Fri Nov 29, 2019 7:44 pm

Renders and comparison.
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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#3 Post by Mpol03 » Fri Nov 29, 2019 8:11 pm

This is fantastic. Too bad it isn’t well over 170m.

I won’t get too excited though.
If this does take off though, we have a fair few big developments really changing and shaping Currie st.

Fingers crossed

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#4 Post by PeFe » Fri Nov 29, 2019 8:37 pm

U-G-L-Y as sin!

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#5 Post by Plasmatron » Fri Nov 29, 2019 9:07 pm

I'd hardly use the word "Eclipsing" when it's only two metres taller than the Adelaidean...

Not bad for a first design, but some extra height and aesthetic refinement wouldn't go astray. Surely they can push this bad boy up to an even higher standard for our new tallest!
Now you're playing with power.

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#6 Post by SRW » Fri Nov 29, 2019 9:16 pm

Currie Street is woefully underdeveloped so it's good to see it finally attracting attention. I have no comment on the design until further information is available (particularly what treatment the eastern boundary will receive).
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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#7 Post by aceman » Fri Nov 29, 2019 9:24 pm

I find it funny how there's nothing between 104m and 132m!!

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#8 Post by Ben » Fri Nov 29, 2019 9:27 pm

aceman wrote:
Fri Nov 29, 2019 9:24 pm
I find it funny how there's nothing between 104m and 132m!!
There’s two under construction now. Sofitel 117m and north terrace 118m.

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#9 Post by Splashmo » Fri Nov 29, 2019 9:53 pm

tfw your “unashamedly bold” vision is four metres taller than a building that’s been around since 1988.

Do we have any idea if there’s even demand for a chunky new office building?

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#10 Post by Jaymz » Fri Nov 29, 2019 10:31 pm

Splashmo wrote:
Fri Nov 29, 2019 9:53 pm
tfw your “unashamedly bold” vision is four metres taller than a building that’s been around since 1988.

Do we have any idea if there’s even demand for a chunky new office building?
I got the impression he was talking more about the design of a building, rather than the height....
We aren’t developers that want buildings designed by accountants. We want structures that inspire and are measured for their social and commercial impact on the city
And for your question about demand, there was an article I read recently about the Adelaide CBD office market improving from around 16% to 12% percent vacancy throughout the year. It also stated there wasn't much supply in the pipeline. I'm sure I could dig it up if anyone was really interested to read it.

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#11 Post by phenom » Fri Nov 29, 2019 10:32 pm

Splashmo wrote:
Fri Nov 29, 2019 9:53 pm
Do we have any idea if there’s even demand for a chunky new office building?
Forecasting the future based on the past is fool's game, but that said, the most recent public research from KnightFrank on the Adelaide office market (issued Sep 2019) highlights the following:

- In the six months to July 2019, Adelaide CBD recorded positive net absorption of 15,824m, the strongest half yearly total since H2 2008; and
- The Adelaide CBD vacancy rate has shifted downwards for five consecutive periods. As at July 2019, the total vacancy rate declined by 1.4% to reach 12.8%

https://content.knightfrank.com/researc ... 9-6720.pdf

Just speaking for myself, I agree a large office tower like this is a lot of new office space although there's a lot of old low grade office space in Adelaide where the tenants, especially govt, are no doubt eager to shift to presumably 5/6 star energy compliant buildings. Govt tenants in my experience love moving to new buildings because it's a perfect opportunity to implement their (reduced) new space layouts on the basis that staff are getting better amenities so they won't mind having half the personal space they used to have.

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[PRO] [PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#12 Post by citywatcher » Sat Nov 30, 2019 12:09 am

Currie St perfect spot for the iconic 50 to 60 storey Adelaide landmark
The KW/Currie/Grenfell St intersection should become a Vegas style pedestrian free flyovers

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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#13 Post by HiTouch » Sat Nov 30, 2019 12:54 am

It looks like the clicky part of a pen. Should be a real treat for Adelaide.
rev wrote:
Tue Jan 29, 2019 12:55 am
If the parklands are so important why dont they put it to a vote state wide? Or are they afraid the majority will back this hotel..

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[PRO] Re: [PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#14 Post by SRW » Sat Nov 30, 2019 2:27 am

citywatcher wrote:
Sat Nov 30, 2019 12:09 am
The KW/Currie/Grenfell St intersection should become a Vegas style pedestrian free flyovers
Huh? That sounds absurd.
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[PRO] Re: 80 Currie Street | 137m | 34 levels | Office

#15 Post by Stryker » Sat Nov 30, 2019 6:30 am

Geeze I wish they’d just push it up to 150m at least! Never the less, this building in this position should have a bit of an impact from the west and airport side of the city. Currie Street’s going to really bulk up in the coming years which is good.

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