[COM] Festival Plaza Tower 1 | 115m | 27 Levels | Office

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SRW
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[COM] Re: Festival Plaza Redevelopment | $800 million

#736 Post by SRW » Fri Nov 02, 2018 9:19 am

how good is he wrote:
Thu Nov 01, 2018 10:26 am
anyone know their situation with the current SA admin buildings?
I think the last I heard they (Labor) removed the State Admin Centre from the package but was still trying to sell the rest (Education Building, Torrens Building, Wakefield House and the vacant lots on that block). But I'm pretty sure the sweetener for the sale was a 12 year government lease over the buildings, so any sale wouldn't necessarily free departments to move to Festival Plaza. But who knows what the Liberals are planning.
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[COM] Re: [U/C] Re: Festival Plaza Redevelopment | $800 million

#737 Post by bits » Sat Nov 03, 2018 7:55 am

HeapsGood wrote:That office tower would be an ideal spot for many MP offices considering its location.
The MP offices are ideally located within the area they represent.
Why would you move MP offices to the city?

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[COM] Re: Festival Plaza Redevelopment | $800 million

#738 Post by Spurdo » Sat Nov 03, 2018 8:12 am

There was a rumour earlier this year that Santos were going to be the anchor tenant for the office tower. Although, I have heard that there is quite a few substantial sized leases that are about to expire around the next 4 years.

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[COM] Re: Festival Plaza Redevelopment | $800 million

#739 Post by Spurdo » Sat Nov 03, 2018 8:12 am

There was a rumour earlier this year that Santos were going to be the anchor tenant for the office tower. Although, I have heard that there is quite a few substantial sized leases that are about to expire around the next 4 years.

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[COM] Re: [U/C] Re: Festival Plaza Redevelopment | $800 million

#740 Post by HeapsGood » Tue Nov 06, 2018 12:14 pm

bits wrote:
Sat Nov 03, 2018 7:55 am
HeapsGood wrote:That office tower would be an ideal spot for many MP offices considering its location.
The MP offices are ideally located within the area they represent.
Why would you move MP offices to the city?
many of the MPs with a portfolio have a city office, as well as an office in their respective regions/areas.
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[COM] Re: Festival Plaza Redevelopment | $800 million

#741 Post by ChillyPhilly » Tue Nov 06, 2018 5:31 pm

Many Ministerial offices are located in Roma Mitchell House.
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[COM] Re: Festival Plaza Redevelopment | $800 million

#742 Post by Waewick » Wed Nov 21, 2018 7:43 pm

So heard a rumour tonight that a financial institution will be the head lease on this.

Needs at least 3 buildings worth of floor space.

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[COM] Re: Festival Plaza Redevelopment | $800 million

#743 Post by Ben » Wed Nov 21, 2018 7:46 pm

3 buildings?

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[COM] Re: Festival Plaza Redevelopment | $800 million

#744 Post by SouthAussie94 » Wed Nov 21, 2018 9:19 pm

What financial institution would need 3 buildings in Adelaide? My Budget? Surely not...
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[COM] Re: Festival Plaza Redevelopment | $800 million

#745 Post by ghs » Wed Nov 21, 2018 9:32 pm

Frankly, I am sick to death of hearing rumours about potential tennants for this building. If Walker had a tennant signed up then
the building would be under construction by now FFS.




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Last edited by ghs on Wed Nov 21, 2018 9:45 pm, edited 1 time in total.

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[COM] Re: Festival Plaza Redevelopment | $800 million

#746 Post by Spurdo » Wed Nov 21, 2018 9:43 pm

Waewick wrote:
Wed Nov 21, 2018 7:43 pm
So heard a rumour tonight that a financial institution will be the head lease on this.

Needs at least 3 buildings worth of floor space.
You mean moving from 3 buildings, or anchoring 3 buildings?

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[COM] Re: [U/C] Re: Festival Plaza Redevelopment | $800 million

#747 Post by Waewick » Wed Nov 21, 2018 11:57 pm

Spurdo wrote:
Waewick wrote:
Wed Nov 21, 2018 7:43 pm
So heard a rumour tonight that a financial institution will be the head lease on this.

Needs at least 3 buildings worth of floor space.
You mean moving from 3 buildings, or anchoring 3 buildings?
From 3 buildings into this 1.

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[COM] Re: Festival Plaza Redevelopment | $800 million

#748 Post by how good is he » Thu Nov 22, 2018 1:00 am

Westpac is BankSA and St George...so is that the 3 into 1?
Or do either NAB/ANZ/CBA have 3 buildings to fit into this 1?

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[COM] Re: Festival Plaza Redevelopment | $800 million

#749 Post by SRW » Thu Nov 22, 2018 1:21 am

Didn't someone once say here that SGIC was overflowed from their new headquarters? Although 'new' would be 12-13 years old by the time this is likely to be finished, so they could be contenders.
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[COM] [U/C] [U/C] [U/C] Re: Festival Plaza Redevelopment | $800 million

#750 Post by bits » Thu Nov 22, 2018 1:33 am

Westpac have major buildings with hundreds of staff at each in Lockleys, Bedford Park and Adelaide.

That is before counting buildings under subsidiary branding.
Eg another major building with hundreds of staff for BT at Bedford Park.

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