[COM] 20HS | 53/49m | 15/14lvls | Hotel/Residential

[iliketodig]

I hear that Hines have had problems raising construction finance for the project ... and that it will be shelved....

Financing issues will also affect Altitude ....

[AG]

I hear that Hines have had problems raising construction finance for the project ... and that it will be shelved....

Financing issues will also affect Altitude ....

I don't believe that. Developers don't demolish structures as large as the one that used to be there (unless they find a temporary use for the site) and then look for financing.

[Howie]

I hear that Hines have had problems raising construction finance for the project ... and that it will be shelved....

Financing issues will also affect Altitude ....

Sounds like you have been very ill-informed, that's a very vicious rumour to circulate around. Trust me - financing for the project is not in doubt, and this development will absolutely 100% go ahead. If you don't believe me, just wait and see.

[ynotsfables]

Onya Howie i find that hard to believe myself, it sounds like a sense less childish rumour to me too.

[AtD]

I hear that Hines have had problems raising construction finance for the project ... and that it will be shelved....

Financing issues will also affect Altitude ....

You don't happen to work for one of their competitors, do you?

[UrbanSG]

Of all the projects approved around Adelaide at the moment I highly doubt this or Altitude will have trouble securing finance. Some other approvals may have a tough time though until the banks start lending freely again to make those super profits. Only a matter of time until bank caution goes and greed returns.

[Pistol]

Hey Howie was wondering whether you had a firm date on construction on this project. April was written in the letter to me but nothing has really happened since demolition - except for a bit of soil testing.

Just need to know a timeline to sell my apartment.

[Howie]

An announcement on the start of 20HS will be made very soon i've been told.

[UrbanSG]

Well so much for this one having problems getting started as previously speculated, looks like it is about to move into the official U/C stage:

Type Application Assessed on Merit
Application Number: DA/406/2008
Lodgement Date: 27/05/2008
Location of Development: Site - Central Park, 8-32 Hindmarsh Square, ADELAIDE SA 5000
Description: Erect gantry and hoarding

The applicant is Baulderstone and Hornibrook so it looks like they are the builders as previously stated.

[Wayno]

Hindmarsh Square is certainly going to look excellent in 12months time!

[crawf]

Great to hear, can't wait for this to start .

[Pistol]

Great to hear, can't wait for this to start .

Can wait for this to start... Apartment on the market, just have to sell it before that bloody great gantry goes up on York St.

[crawf]

Can or Can't?

[Pistol]

Great to hear, can't wait for this to start .

Can wait for this to start... Apartment on the market, just have to sell it before that bloody great gantry goes up on York St.

[skyliner]

Well so much for this one having problems getting started as previously speculated, looks like it is about to move into the official U/C stage:

Type Application Assessed on Merit
Application Number: DA/406/2008
Lodgement Date: 27/05/2008
Location of Development: Site - Central Park, 8-32 Hindmarsh Square, ADELAIDE SA 5000
Description: Erect gantry and hoarding

The applicant is Baulderstone and Hornibrook so it looks like they are the builders as previously stated.

Really looking forward to the difference to HSQ.Love to own one of those apartments facing onto HSQ!

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