[COM] Re: #PRO: Highway Inn | 8lvls 34m | Hotel | Plympton
Posted: Sun Feb 05, 2012 8:12 pm
Something will come eventually. It's effectively a blank canvas in an excellent location.
Adelaide's Premier Development and Construction Site
https://www.sensational-adelaide.com/forum/
https://www.sensational-adelaide.com/forum/viewtopic.php?t=896
We don't need another ugly car park visible from the street - move parking behind the building, or eliminate it completely.Xaragmata wrote:
MessiahAndrw wrote:I'm for one am grateful not much is happening yet. Just look at the picture on this billboard of what is being built there:We don't need another ugly car park visible from the street - move parking behind the building, or eliminate it completely.Xaragmata wrote:
Plympton high-rise still in pipeline
Business 26 Mar 12 @ 07:30am by Tim Williams
SOLID GROUND: Martin Palmer is committed to developing an apartment complex next to The Highway hotel.
THE developer behind a proposed high-rise apartment and shopping complex at Plympton says he remains committed to the project, five years after it was announced.
Palmer Hospitality Group director Martin Palmer said finance was the major hurdle to launching the $70 million development, next to
The Highway hotel located at the corner of Anzac Highway and Marion Rd.
Plans were released in 2009 for an eight-storey development with up to 120 apartments, ground level supermarket, 20 specialty shops, restaurants, cafes, second floor offices and up to 550 carparks.
The development was given major project status by the State Government in 2007, which has since been renewed.
Mr Palmer said he had already spent about $350,000 on planning.
“We’re certainly still actively pursuing the development,” Mr Palmer said.
“We are continuing to work through the hurdles that are keeping us from ... being able to break ground.”
Mr Palmer said the global financial crisis had “changed everything”, including the appetite of financiers, funding costs and the real estate market.
He said the site was “perfect” for the project but it depended on securing the right “economic modelling”.
“Building apartments is a very, very high-risk game,” he said.
“Who’s ever built apartments in Adelaide that aren’t in the CBD or by the sea? It’s very scary to be that first cab off the rank.”
Mr Palmer said other, unspecified options would have to be considered for the site if the project was not viable by the end of the year.
“I don’t even want to think about that,” he said.
Palmer Hospitality Group bought The Highway in 2004 and spent $3 million upgrading the hotel.
Over the following three years, the group bought surrounding properties, including four houses, flats and shops, to pave the way for the development
Plympton apartment complex to be scaled back
Local News8 Aug 12 @ 11:07am by Tim Williams
SCALED back plans for a long-awaited, multi-storey apartment and shopping complex at Plympton might be lodged with the State Government within four months.
Palmer Hospitality Group says it has slightly downsized its previous plans for a $70 million, eight-storey development with 120 apartments, proposed at Anzac Highway and Marion Rd intersection next to The Highway hotel.
Group director Martin Palmer said he was working with the Transport Department on issues including the impact on traffic flow through the major intersection and appropriate entry and exit points.
He hoped to have them resolved by the end of September, then lodge plans with the Development Assessment Commission within two months and start seeking financial backers.
He would not detail how the plans had been scaled back, but said: "We were probably trying to fit a bit too much on the site (before)."
Mr Palmer said the fact the government had maintained the special planning status reflected its confidence the project had good prospects of proceeding.
The government in June removed major project status from hotel developments at Wayville and Kent Town which have a combined worth of $420 million, with Planning Minister John Rau saying that stalled projects had "a potential dampening effect on other development prospects in the vicinity".
New look at $70m development for corner of Anzac Highway and Marion Rd
THIS is what the Anzac Highway and Marion Rd corner might look like if plans for a $70 million development are given the green light by the State Government.
The Palmer Hospitality Group has released artist impressions of its long-awaited, multi-storey apartment blocks and shopping complex to the Guardian Messenger.
Group director Martin Palmer said he hoped building on the development, which would feature two four-storey apartment blocks, an eight-storey building, parking and shops, would start within two years.
"We are getting our plans together at the moment to put to the Development Assessment Commission (DAC) and hope to have those approved," Mr Palmer said.
"Those plans haven't been approved ... but once we have gone through that process, we're hopeful we'll have buildings there by 2015. At the moment there is no clear timeline."
Mr Palmer said businesses at the site, behind the Highway Hotel, had been given notice to vacate their premises, but no demolition applications had been lodged.
"We're trying to give tenants as much chance to make other arrangements as possible," he said.
"I admit this process has taken a while ... but it's all a working progress at the moment."
Marion Road Furniture store owner Richard Blumberg, who has been given notice by the Palmer Hospitality Group to move out of his premises by the end of February, said the development would benefit the area.
"It's going to be better than what's here now," he said.
"The development doesn't bother me ... it's good to see things are moving."
A plan to redevelop the site was announced in 2009 and featured an eight-storey building with up to 120 apartments, a ground level supermarket, 20 specialty shops, restaurants, cafes, second floor offices and up to 550 carparks.
Those plans were changed following community consultation.
The Palmer Hospitality Group bought the Highway Hotel in 2004.
A Planning Department spokeswoman said it was not known when the development application would be considered by the DAC.
I agree, another half arsed el cheapo development. I would have rather kept what is there if this is the alternativeAdeguy72 wrote:Plus, the sketches suggest cheap gawdy building design more suited to somewhere like Mawson Lakes.
Do we really want something looking like this at a major intersection?