Norman wrote:What happens with the other 2 buildings?
NEARLY 200 student accommodation units will be built in the city after the Adelaide City Council approved a $112 million redevelopment tonight.
Existing buildings on the Yorke Motors site on the corner of Pulteney and Angas streets will be demolished and replaced with three new mixed-use buildings which range from 8-10 levels in height.
The development had been approved in April 2007, but developers sought a change of use from office space on levels 2-8 in one building to student housing.
Lord Mayor Michael Harbison said the 198 new rooms would help provide a range of accommodation options.
"Record numbers of students from around the state, the country and from overseas are choosing to study at Adelaide's education institutions, which means more accommodation will be required for the short and long term," Mr Harbison said.
"The mixed-use elements of this proposed developments are also welcome. Combining commercial, retail and residential aspects in the same building or on the same site delivers housing, business and investment benefits, and helps revitalise the city."
The panel also approved a new $4 million residential apartment complex on Sturt St in the city.
The complex will contain 26 one or two-bedroom units, an open rooftop deck and ground-level car and bicycle parking.
"Projects such as this, where an under-utilised commercial site is being replaced by a medium to high-density residential development will help council achieve its goal of increasing the population of the city," Mr Harbison said.
Benski81 wrote:Does anyone know when we can expect construction to begin on this one? Can anyone put a time frame on it? It seems to be really dragging out.
New police HQ just won't fit
November 15, 2008 12:30am
A KERRY Stokes company has been shortlisted to develop Adelaide's new police headquarters despite the company's site only having one third of the land required for the $38 million tender.
The Stokes site, owned by Western Core Projects, would need to acquire twice as much State Government land to go ahead, prompting complaints from the Residents and Ratepayers Association.
Twenty two developers expressed interest in the project with two of the final three having 3000 square metres of their own land available – they being Prime Space Projects and Commercial and General Corporation.
The Seven Network boss' company's bid is based around the recent purchase of the old RSL building in Angas St which is only 950 square metres.
But the site is adjoined on two sides by State Government land of well over the remaining 2000 square metres needed.
Residents and Ratepayers Association President Kevin Kaeding said public land should not be sold to developers at cheap prices when other developers were prepared to use their own land for the deal.
"Government land belongs to the taxpayers and they are dealing with our land," he said. "How it is to be used should be in the best interests of the taxpayer, not developers."
Mr Kaeding said leasing back Government buildings after selling land to developers at low prices was not good value for money.
"We are paying exorbitant leases continually and it is just not sustainable," he said.
The SA Property Council refused to comment.
A spokesman for Mr Stokes would say only: "I suspect that the Government is better placed to comment on the development and the processes involved".
In a written statement a spokesman for Minister for Infrastructure Patrick Conlon indicated the Government was willing to sell land to the developer.
"One developer has proposed that, if successful, it will negotiate purchase of adjacent government land at a fair market value," the spokesman wrote. "Government identified a number of accommodation options in the registration of interest documents and `registrants' were advised that it had not made a final decision on the preferred option, pending assessment of the registrations of interest.
"The range of accommodation options included Government owning or leasing the building or land."
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