[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Fri Mar 10, 2023 12:06 am
by Patrick_27
With or without a tenant, the developer (Samaras - build Adelaidean) will likely build this and let it sit empty. Samaras also built what is now the new Commonwealth Bank Adelaide HQ on Wakefield Street but didn’t have any tenants signed up before commencing the build and it sat dormant for at-least four-six months after completion.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
With or without a tenant, the developer (Samaras - build Adelaidean) will likely build this and let it sit empty. Samaras also built what is now the new Commonwealth Bank Adelaide HQ on Wakefield Street but didn’t have any tenants signed up before commencing the build and it sat dormant for at-least four-six months after completion.
I think only 4 floors have been leased. Most sit empty.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Thu Mar 16, 2023 11:01 am
by Prodical
There are workers on site today - looks like the concrete car park is being removed.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Sat Mar 18, 2023 3:20 pm
by EBG
There is a small drilling rig on site today Saturday 18/3/2023
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Thu Mar 23, 2023 7:03 pm
by Ben
This one has piling starting
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
This has a had a redesign according to video uploaded this month:
Better, I think? Especially if the diamond framing Is copper finished as the visual indicates (or illuminated like the Her Maj annex). But still maddeningly underwhelming at street level and for an eastern outlook that can't be built out. They've cutely made U-City a lawned park across the road (for obvious reasons).
Presume it's this rather than the plans in earlier parts of the thread?
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Wed Apr 12, 2023 2:57 pm
by Norman
It would be great to see a supermarket on the ground floor here. Does anyone still have the approved plans for this development?
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Fri Apr 14, 2023 10:49 pm
by gnrc_louis
I walked past today and it seems they have changed the car-park entrance to the side next to the PWC building, which is different to the plans on earlier pages.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
I walked past today and it seems they have changed the car-park entrance to the side next to the PWC building, which is different to the plans on earlier pages.
I saw that too, walking past last night.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Sat Apr 15, 2023 11:43 am
by Ben
I think it’s temporary while they do the piling on the eastern side.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Mon Apr 17, 2023 2:16 pm
by AG
Can't read the article that's been posted on The Tiser, but it looks like Kyren are proceeding to build the development with no pre-commitments by any tenants.
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Mon Apr 17, 2023 6:44 pm
by [Shuz]
Big gamble. Aside from Services Australia, who else is a big name tenant looking for more space in the CBD?
[U/C] Re: 42-56 Franklin Street | ~98m | 22lvls | Office
Posted: Mon Apr 17, 2023 7:41 pm
by A-Town
They are going to be relying on businesses currently locked into leases in ageing offices eventually relocating to this new building.
It's a massive vote of confidence in the city in the post-Covid working environment.