[APP] PRO: 157-159 Waymouth Street | ~80m | 24 Levels | Mixed Use

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ghs
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[APP] PRO: 157-159 Waymouth Street | ~80m | 24 Levels | Mixed Use

#1 Post by ghs » Fri Mar 13, 2015 6:49 pm

The proposals keep coming through. This site is on the corner of Waymouth Street and Morphett street.
So another one next to Light square.
Application: S10/7/2015 Application type: Schedule 10

Description: Construct 22 level mixed use building comprising retail, hotel and residential with ancillary rooftop terrace.

Property Address: 157-159 Waymouth StreetADELAIDE
SA 5000

Applicant : KT18 P/L
Owner : KT18 P/L
Application First Lodged: 16 Feb 2015

Estimated Cost of Dev: $16,000,000

CITB Reference:

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[APP] Re: PRO: 157-159 Waymouth Street - 22 Levels - Mixed Use

#2 Post by crawf » Sat Mar 14, 2015 12:37 am

Good stuff.

Great to see both Morphett and Waymouth Streets continue to develop more.

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[APP] Re: PRO: 157-159 Waymouth Street - 22 Levels - Mixed Use

#3 Post by [Shuz] » Sat Mar 14, 2015 11:33 am

Price tag seems a bit small?
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[APP] Re: PRO: 157-159 Waymouth Street - 22 Levels - Mixed Use

#4 Post by ghs » Sat Mar 14, 2015 12:34 pm

I noticed that also, fair to say that the building will be fairly thin. The 15 level building proposed
for Franklin street has a price tag of $10 million, so I would think it would be possible to do
22 levels for $16 million.

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[APP] Re: PRO: 157-159 Waymouth Street - 22 Levels - Mixed Use

#5 Post by mgb » Sat Mar 14, 2015 1:29 pm

The price is probably just for the base building, without all the fit out required for a hotel.

Will be interesting to see some renders of the development. I can't see any details on the DAC website yet? Is there any other details available?

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[APP] Re: PRO: 157-159 Waymouth Street - 22 Levels - Mixed Use

#6 Post by ghs » Mon Mar 16, 2015 6:34 pm

mgb wrote:The price is probably just for the base building, without all the fit out required for a hotel.

Will be interesting to see some renders of the development. I can't see any details on the DAC website yet? Is there any other details available?
I found that info. under the developments section on the ACC website. There's nothing on the DAC website at this stage.

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#7 Post by Ben » Mon Jul 06, 2015 11:51 am

This one is going before the DAC this Thursday and expected to be approved. 23 levels and height to roof is 76.1m.

180 Hotel room (Levels 1-15) and 24 1 bedroom apartments (16-21)

Ground floor lobby and retail.
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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#8 Post by Phantom » Mon Jul 06, 2015 12:13 pm

Cool pics.

It's a little too narrow for me, but I like the architecture of it in the renders... Of course renders =/= final product, but still it looks good!
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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#9 Post by [Shuz] » Mon Jul 06, 2015 2:41 pm

Looks like a very simplistic, timeless design. Looking forward to this and Palladium both going up. Light Square will be a very different place in a few years time.
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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#10 Post by Ben » Mon Jul 06, 2015 3:21 pm

[Shuz] wrote:Looks like a very simplistic, timeless design. Looking forward to this and Palladium both going up. Light Square will be a very different place in a few years time.
Just makes me laugh to think only a few years ago the ACC rejected the building on the corner because it was going to "tower" of the square at 13 stories and made the developer reduce it to only 8. They must be having a heart attack with all these "towers" being approved and they can't stop them. Adelaide is turning into a dense modern city how terrible...

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#11 Post by ghs » Mon Jul 06, 2015 3:25 pm

Another hotel, that brings the count to nearly 10.

I wonder if they have an operator.

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#12 Post by Patrick_27 » Mon Jul 06, 2015 3:53 pm

Another hotel?

I recognise this city has the demand for hotels, but the hotel market is gradually becoming saturated... Can't this have been apartments or something of the sort?

That being said, a hotel in a building of this size would suite a brand like Hyatt...

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#13 Post by Ben » Mon Jul 06, 2015 3:57 pm

It looks similar to a lot of Oaks hotels in Melbourne and Sydney.

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#14 Post by UrbanSG » Mon Jul 06, 2015 4:11 pm

There's reference to this being another modular design in the application documents i.e. similar to the approved Lester Hotel on West Terrace.

Therefore if it goes ahead it will go up quickly. Will really stand out at this end of town too. Good to see some height developing around Light Square.

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[APP] Re: PRO: 157-159 Waymouth Street | 76m | 23 Levels | Mixed U

#15 Post by ghs » Mon Jul 06, 2015 5:42 pm

Interesting to note that in 2-3 years time we will have nearly double the number of good quality hotels
in Adelaide. We now have approximately 10 good hotels and it looks like we will get another 10
over the next few years.

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