Although AdelaideNow is doing it's bit to stir the pot (in a bad way) by having this story on the front page of the website today with what looks like the Chrysler Building or something, I was very happy to see this.
Firstly, I think the benefit would be the certainty for developers who aren't aiming to necessarily go 'tall' but - as already mentioned in previous comments - but simply to propose reasonable height buildings that fit well but currently would be classified as 10, 20 or 30+m 'too tall' when it's clear to everyone those limits are entirely arbitrary in many places (particularly outside of the residential parts of the city).
Also, as foreshadowed above, and as I originally said, I think this is a step in the right direction. I don't expect in this uncertain economic climate that we'll suddenly be inundated with new proposals, but the point is (as I think the Property Council notes) that a lot of marginal projects can be made viable if you can add a few storeys to the mix.
It's an interesting thought experiment to think about what we might already have today had a bit more reasonableness on the part of the ACC been evident a decade or two ago. For me, the saga over 74-80 Light Square being 'way too tall' at 13 levels... and now being built at 8 levels... was the straw that broke the camel's back in taking the protestations of some ACC members seriously.




