Sensational-Adelaide.com

serca wrote:Of course this development is better than what is currently there, yes the building looks neat, tenancies are good in this economic times and it fills a hole. But i think this is still prime land in a major CBD an 8 level office doesn't nearly cut it. I understand supply and demand but..... Why doesn't Adelaide mix it's classes of high rise more? Have more Joint developments? A few more levels of retail & Restaurants on this one, then the existing office space and if the developer was to add say 10-15 levels of apartments there is enough demand now that they would sell, the central location and imagine the views around the 90m-100m mark!!

This is one of the worst parts of the CBD.The fugly offices across the road, either side the old Adelaide bank building, channel 9? and a massive U park. Across from that another large Hindmarsh square car park. Much like has been suggested for Adelaide Central markets why wouldn't the land owners of these carparks sell the space above for development, such a waste a prime space and opportunity. Adelaide is in a real pickle now economically and has been for a long time. Throw in the highest rate of unemployment and one of the lowest exporters in the nations. Yet policies and legislations here make it hard to invest??? Why do we have by far the highest land tax and stamp duty in the nation. Why would an investor what to pays literally tens of thousands of dollars more to invest here?? when already the risk of return is higher than in other states. On top of that backward council's and development panels. Shesh!! What are they doing to encourage investment?

Went on a bit of a spill but why are the fundamentals and principles of this state for a prosperous and sustainable economy and future so wrong!

Patrick_27 wrote:

serca wrote:Of course this development is better than what is currently there, yes the building looks neat, tenancies are good in this economic times and it fills a hole. But i think this is still prime land in a major CBD an 8 level office doesn't nearly cut it. I understand supply and demand but..... Why doesn't Adelaide mix it's classes of high rise more? Have more Joint developments? A few more levels of retail & Restaurants on this one, then the existing office space and if the developer was to add say 10-15 levels of apartments there is enough demand now that they would sell, the central location and imagine the views around the 90m-100m mark!!

This is one of the worst parts of the CBD.The fugly offices across the road, either side the old Adelaide bank building, channel 9? and a massive U park. Across from that another large Hindmarsh square car park. Much like has been suggested for Adelaide Central markets why wouldn't the land owners of these carparks sell the space above for development, such a waste a prime space and opportunity. Adelaide is in a real pickle now economically and has been for a long time. Throw in the highest rate of unemployment and one of the lowest exporters in the nations. Yet policies and legislations here make it hard to invest??? Why do we have by far the highest land tax and stamp duty in the nation. Why would an investor what to pays literally tens of thousands of dollars more to invest here?? when already the risk of return is higher than in other states. On top of that backward council's and development panels. Shesh!! What are they doing to encourage investment?

Went on a bit of a spill but why are the fundamentals and principles of this state for a prosperous and sustainable economy and future so wrong!

Tell me, Serca. Would you go to this location to indulge in some shopping or a meal? Probably not, and neither would I. So your idea doesn't really sit.

I've said this time and time again, why does every new building in this city need to be 90-100m tall? WHY? Have you seen the average building height in this area? How would a building that tall be suitable for this area?

Patrick_27 wrote: I've said this time and time again, why does every new building in this city need to be 90-100m tall? WHY? Have you seen the average building height in this area? How would a building that tall be suitable for this area?

slenderman wrote:I've been meaning to ask this for a little while, and this bump seems as good a time as any to ask.

I've been wondering why developers in the last couple of years have bothered to demolish existing buildings on a site when they don't plan on starting construction immediately after, leaving an unsightly empty lot to just sit there for months or years in some cases. We've seen it with this one, U2, West Franklin, possibly One Adelaide (nothing seems to be happening there at the moment, I've gone past several times since demolition) and I suppose Palladium too, which is now just a lonely little front wall standing up by itself these days. Not to mention LeCornu.

Is the demolition to get the site to be immediately ready once the developer is ready to go ahead with it? Is it to create the illusion of progress to entice potential buyers in the case of apartments?

It's just ugly looking at empty lots in a CBD. Even if the demolished buildings generally aren't anything special, surely they're better than empty lots? I know it's a bit of a First World Problem.