News & Discussion: General CBD Development

[wilkiebarkid]

Not sure if this has been posted before. From Maras Group website. Proposed 361-367 King William Street (corner of Sturt Street). 18 floors of offices over 4 levels of carparking.

[cmet]

Not sure if this has been posted before. From Maras Group website. Proposed 361-367 King William Street (corner of Sturt Street). 18 floors of offices over 4 levels of carparking.

Has this been proposed/approved?

[Ho Really]

Has this been proposed/approved?

It's "in the pipeline" so probably still in the planning stage. It looks like approximately 85 metres in height.

Cheer's

[Algernon]

Has this been proposed/approved?

It's "in the pipeline" so probably still in the planning stage. It looks like approximately 85 metres in height.

Cheer's

Looks to me more or less the height of Vue.

This would be a big step forwards for the canyonistion of King William St.

[ml69]

That’s not really a great location for office space.

But superb for apartments.

[NTRabbit]

Image is gone, can anyone rehost it?

[gnrc_louis]

Image is gone, can anyone rehost it?

Picture here including further details about the building: https://www.marasgroup.com.au/our-prope ... -adelaide/

[Jaymz]

That’s not really a great location for office space.

But superb for apartments.

Please explain why not a good location for office space?

[wilkiebarkid]

Image is gone, can anyone rehost it?

[ml69]

That’s not really a great location for office space.

But superb for apartments.

Please explain why not a good location for office space?

Not a prime location if you were going to build 18 levels of office space. I know offices exist in the southern part of KW St, I’m just saying it’s not the best.

[Pikey]

That’s not really a great location for office space.

But superb for apartments.

Please explain why not a good location for office space?

Not a prime location if you were going to build 18 levels of office space. I know offices exist in the southern part of KW St, I’m just saying it’s not the best.

Actually prime space within proximity of the central CBD but not right within it is considered desirable. The definition of "prime" is very circumstantial. This spot is adjacent to public transport and includes on site parking. For the right client I'd say this is very desirable.

[phenom]

Having worked in 400KWS back when it was first built, most people found it very workable. The free tram right out front actually made meetings in the 'core' of the CBD easier to get to than it is for a lot of offices located, say, in the Hindmarsh Sq vicinity. I do think there are a number of businesses that absolutely do not need to be in the 'thick of things' but just close by, and it probably makes more sense to densify the southern part of the CBD instead of building more in places like Unley etc where the public transport infrastructure is pretty hopeless relatively speaking.

The only issue, if you can call it that, was that most of the visitors we had from interstate seemed to struggle with the idea they were in a (previously) residential part of the city and therefore couldn't seem to grasp why there were so few other shops and offices around... despite the core CBD being perfectly visible from the rather large windows in the near distance and many of them riding the free tram down to Haighs in their lunch break. I think it's because the Adelaide CBD is just so huge (for the population). If it was Perth or similar, that part of the CBD would have its own suburb name and be called 'South Adelaide' or something.

[ml69]

Having worked in 400KWS back when it was first built, most people found it very workable. The free tram right out front actually made meetings in the 'core' of the CBD easier to get to than it is for a lot of offices located, say, in the Hindmarsh Sq vicinity. I do think there are a number of businesses that absolutely do not need to be in the 'thick of things' but just close by

Fair enough. I can understand how this would be workable.

[gnrc_louis]

“But one of the medium-term challenges for the Adelaide market is working out what to do with the 63 per cent of our building stock that is greater than 30 years old.”

From this article: https://indaily.com.au/news/business/20 ... ancy-rate/

Convert it into apartments like what Postcode 3000 did in Melbourne in the 90s, however with a particular emphasis on affordability to attract young people.

[Llessur2002]

“But one of the medium-term challenges for the Adelaide market is working out what to do with the 63 per cent of our building stock that is greater than 30 years old.”

From this article: https://indaily.com.au/news/business/20 ... ancy-rate/

Convert it into apartments like what Postcode 3000 did in Melbourne in the 90s, however with a particular emphasis on affordability to attract young people.

Especially in the case of the smaller heritage stock which is activated by retail on ground level but has only empty floors above. In Europe these would be apartments - this would help to activate areas such as Rundle Mall after hours.