[CAN] 171-207 Gouger Street | 59m | 19lvls | Mixed Use

[Ben]

Site has been cleared. Maybe because the weeds were 3 metres high but a good sign.

[Shahkar]

One can only hope Tangcheng starts work on even one of their projects and not leave a fenced site.

[Ben]

This was approved at Thursdays DAC meeting.

[Maximus]

Great news. Here's the RadelaideNow article:

18-storey apartment block and 14-storey hotel aproved for Gouger St
Tim Williams
City Messenger
April 02, 201312:10PM

A LARGE residential and hotel development planned for Gouger St has finally gained approval.

The Development Assessment Commission last week approved developer Tangcheng's plans, which include an 18-storey apartment block and 14-storey hotel between Claxton and Selby streets.

There are also two smaller apartment buildings of eight storeys, a five-storey student housing block, townhouses and a supermarket.

The commission had twice deferred assessment after neighbours raised concerns about the hotel overshadowing their homes.

Plans were revised to narrow the width of the hotel, lowering its capacity from 184 rooms to 129, and shift it east to reduce the overshadowing of Claxton St properties.

The approval is subject to a traffic management plan and details of bicycle parks, lighting and security cameras.

continues...

[[Shuz]]

As always, please refrain from reading AdelaideNow comments. One lady has commented that 'all the new developments is making Adelaide look like downtown Beijing'.

Beijing


Adelaide

[Shahkar]

I can see what she means! Both have one crane in the skyline!

[Will]

I can see what she means! Both have one crane in the skyline!

Actually, if you look closer there are 4 cranes in our skyline.

p.s. - the photo is 10 years old

[ynotsfables]

Actually downtown Beijing doesn't look too bad.

[dsriggs]

I'd like that weird curvy building in the background.

[Orks]

The land this proposal is sited on is now on the market, maybe Tang Cheng couldn't get funding for the project.

http://www.realestate.com.au/property-r ... -200675691

[Ben]

TangCheng is owned by one of the richest men in China. I think the problem lied in the fact they wanted to build the cheapest possible building and people here simply did not want to live or invest in such poor design/quality.

Instead of using his wealth to improve and modernise the CBD he wanted to be greedy and make a quick buck.

We Own it?

171-203 Gouger Street AdelaideMassive city site of 1 3/4 acres

A prime substantial vacant site of 7150m2 approx with an extensive frontage to Gouger Street of 124m approx., 3 street frontages. There are significant Development Approvals in place for a mixed use development comprising commercial, residential apartments, student accommodation, retail use and a hotel.
Sensational Adelaide CBD location, close to Gouger Street Precinct incorporating the Central Market and Chinatown. 7 separate titles.
A rare and impressive offering.
For sale by Expressions of Interest closing Thursday 10th October 2013 at 4pm.

[Ben]

Hi Tim

Adelaide developer Tangcheng is selling two key city sites and leaving others vacant, casting doubt over its $300m investment plan

by: Tim Williams

From: City Messenger

AN ADELAIDE development company led by a reputed Chinese billionaire appears to have shelved plans to invest $300 million in the central business district.
Chenghui Xu's Tangcheng Group had plans for four key city sites, the largest project being an $120 million mixed use development on Gouger St with an 18-storey apartment tower, 14-storey hotel, two eight-storey apartment blocks, a smaller student housing building and a supermarket.

The plans were approved in April but the 7000sq m property between Claxton and Selby streets is up for sale, along with another Tangcheng site on Pulteney St that was earmarked for a 15-storey student housing block.

An agent for the Gouger St site, Toop & Toop's Peter Fried, said he understood Tangcheng was "directing their interest towards mining interstate".

Mr Fried said he had received "six or seven strong inquiries" but he did not know whether any prospective buyers were interested in building to the development approvals.

In January, the Development Assessment Commission approved a $45 million Tangcheng proposal on Waymouth St, west of Light Square, for another large scale development mixing apartments, hotel rooms and offices.

But the block remains vacant and the neighbouring City Collision Centre was using the site to park clients' cars until the City Council became aware of the informal agreement the crash repair business had with Tangcheng.

The Pulteney St proposal and the one for the fourth site, at the corner of King William and Gilbert streets, became notorious after City councillors condemned plans for student apartments as small as 20.5sq m as "suicide boxes". Plans were revised but the King William St site remains vacant.

The Tangcheng website still says the company has $300 million of investments funds allocated to the city and estimates its projects will create 600 construction jobs.

But it has closed its office and phone calls from the City Messenger went answered.

By email, Tangcheng spokeswoman Connie Yang declined to comment about the company's intentions.

The director of Tangcheng's preferred architect Hames Sharley, David Cooke, did not return calls.

Property Council SA executive director Richard Angove said he did not know the reasons for Tangcheng's sales but he did not believe the city had a problem with developers gaining approvals just to raise land values for sale.

Many were sitting on properties until market conditions were right to build, he said.

Developers have earmarked at least 45 major projects worth more than $2.5 billion since the State Government relaxed planning regulations last year, but it remains to be seen how many go ahead.

[dsriggs]

Hard to say whether I should be upset about this. Sure, the lost investment isn't good at all, but a string of terrible apartment buildings could really do damage to the market.

[Ben]

Hopefully rejected.

Type: Non-Complying Development
Application Number: DA/932/2016
Lodgement Date: 29/12/2016Latest Decision
Location: 171-207 Gouger Street, ADELAIDE SA 5000
Description: Change the use to public open lot carpark.
Applicant Name

PRI PARK (SA) P/L

[mshagg]

Actually sounds like the kind of development Adelaidians would get behind at the moment. There's no pub next door that might be affected is there?