[APP] 29 Twin Street | 124m | 38lvls | Student accom

All high-rise, low-rise and street developments in the Adelaide and North Adelaide areas.
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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#121 Post by Smithy85 » Wed Feb 27, 2019 11:55 am

Uncle Monty wrote:
Wed Feb 27, 2019 7:40 am
A tender for this project was in the ‘tiser yesterday (Tues 26/2).
Yep, Built Environs.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#122 Post by Patrick_27 » Wed Feb 27, 2019 12:06 pm

I prefer this to Adelaidean. This along with Realm and Luminesque will do good things for our skyline.

I'm also glad to see that the site of the old Jade Monkey isn't being wasted on a car-park. Though, with that said, what is Ibis going to do for parking?

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#123 Post by metro » Wed Feb 27, 2019 6:04 pm

Patrick_27 wrote:
Wed Feb 27, 2019 12:06 pm
What is Ibis going to do for parking?
Same thing a lot of city hotels do, use one of the many many parking stations in the city.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#124 Post by Patrick_27 » Thu Feb 28, 2019 1:06 am

metro wrote:
Wed Feb 27, 2019 6:04 pm
Patrick_27 wrote:
Wed Feb 27, 2019 12:06 pm
What is Ibis going to do for parking?
Same thing a lot of city hotels do, use one of the many many parking stations in the city.
Even for valet?

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[APP] Re: [PRO] Re: 29 Twin Street | 124m | 38lvls | Student accom

#125 Post by Norman » Thu Feb 28, 2019 9:18 am

Patrick_27 wrote:
metro wrote:
Wed Feb 27, 2019 6:04 pm
Patrick_27 wrote:
Wed Feb 27, 2019 12:06 pm
What is Ibis going to do for parking?
Same thing a lot of city hotels do, use one of the many many parking stations in the city.
Even for valet?
Definitely. This happens all over the world.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#126 Post by rhino » Thu Feb 28, 2019 9:51 am

As far as Student Accommodation buildings go, this one looks rather good from the outside. Let's hope it ends up looking like the renders.
cheers,
Rhino

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#127 Post by Jaymz » Thu Feb 28, 2019 4:18 pm

Yep I'm a bit of a fan of this one going by the renders, particularly the earlier ones. Would be a unique looking building in our skyline.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#128 Post by Smithy85 » Tue Mar 12, 2019 8:09 pm

Tenders closed today. 4 companies that advertised in the Tiser were:
Built, Built Environs, Hutchinson Builders, Synergy Construct.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#129 Post by HiTouch » Tue Jun 18, 2019 9:15 am

The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
Hines Property managing director James Hines told The Advertiser the group is close to buying a new development site in the CBD and an announcement on its proposed 38-storey, $85 million student tower on 29 Twin Street is also expected shortly.

While the pipeline developments progress, the group is ticking off a phased $6 million refurbishment of its Pullman Hotel on Hindmarsh Square to make the most of “growing opportunities” in the Adelaide hotels sector.

“Competition is great. One of the biggest issues in Adelaide is that a lot of our competitors are 30-year old properties and when you have older stock, they are unable to push their rates up.

“With new product (hotels like Westin, among others) coming in the market, there will be a greater reason for people to get educated on paying room rates in Adelaide commensurate with other capital cities.

“Whilst we (Pullman and Ibis) have had some good growth, our room revenues are still a lot lower than most of the other capital cities.
rev wrote:
Tue Jan 29, 2019 12:55 am
If the parklands are so important why dont they put it to a vote state wide? Or are they afraid the majority will back this hotel..

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[APP] Re: [PRO] Re: 29 Twin Street | 124m | 38lvls | Student accom

#130 Post by citywatcher » Tue Jun 18, 2019 11:00 pm

HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
Hines Property managing director James Hines told The Advertiser the group is close to buying a new development site in the CBD and an announcement on its proposed 38-storey, $85 million student tower on 29 Twin Street is also expected shortly.

While the pipeline developments progress, the group is ticking off a phased $6 million refurbishment of its Pullman Hotel on Hindmarsh Square to make the most of “growing opportunities” in the Adelaide hotels sector.

“Competition is great. One of the biggest issues in Adelaide is that a lot of our competitors are 30-year old properties and when you have older stock, they are unable to push their rates up.

“With new product (hotels like Westin, among others) coming in the market, there will be a greater reason for people to get educated on paying room rates in Adelaide commensurate with other capital cities.

“Whilst we (Pullman and Ibis) have had some good growth, our room revenues are still a lot lower than most of the other capital cities.
38 storey $85m somebody stop them please

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[APP] Re: [PRO] Re: 29 Twin Street | 124m | 38lvls | Student accom

#131 Post by Nort » Wed Jun 19, 2019 8:41 am

citywatcher wrote:
Tue Jun 18, 2019 11:00 pm
HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
Hines Property managing director James Hines told The Advertiser the group is close to buying a new development site in the CBD and an announcement on its proposed 38-storey, $85 million student tower on 29 Twin Street is also expected shortly.

While the pipeline developments progress, the group is ticking off a phased $6 million refurbishment of its Pullman Hotel on Hindmarsh Square to make the most of “growing opportunities” in the Adelaide hotels sector.

“Competition is great. One of the biggest issues in Adelaide is that a lot of our competitors are 30-year old properties and when you have older stock, they are unable to push their rates up.

“With new product (hotels like Westin, among others) coming in the market, there will be a greater reason for people to get educated on paying room rates in Adelaide commensurate with other capital cities.

“Whilst we (Pullman and Ibis) have had some good growth, our room revenues are still a lot lower than most of the other capital cities.
38 storey $85m somebody stop them please

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It is cheap for the height, but worth remembering it has a tiny footprint.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#132 Post by cmet » Wed Jun 19, 2019 1:49 pm

citywatcher wrote:
HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
Hines Property managing director James Hines told The Advertiser the group is close to buying a new development site in the CBD and an announcement on its proposed 38-storey, $85 million student tower on 29 Twin Street is also expected shortly.

While the pipeline developments progress, the group is ticking off a phased $6 million refurbishment of its Pullman Hotel on Hindmarsh Square to make the most of “growing opportunities” in the Adelaide hotels sector.

“Competition is great. One of the biggest issues in Adelaide is that a lot of our competitors are 30-year old properties and when you have older stock, they are unable to push their rates up.

“With new product (hotels like Westin, among others) coming in the market, there will be a greater reason for people to get educated on paying room rates in Adelaide commensurate with other capital cities.

“Whilst we (Pullman and Ibis) have had some good growth, our room revenues are still a lot lower than most of the other capital cities.
38 storey $85m somebody stop them please

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ImageImageImage If this was based around cost per sqm it would be around realm etc. small floorplates

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[APP] Re: [PRO] Re: 29 Twin Street | 124m | 38lvls | Student accom

#133 Post by ghs » Wed Jun 19, 2019 10:30 pm

citywatcher wrote:
Tue Jun 18, 2019 11:00 pm
HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
Hines Property managing director James Hines told The Advertiser the group is close to buying a new development site in the CBD and an announcement on its proposed 38-storey, $85 million student tower on 29 Twin Street is also expected shortly.

While the pipeline developments progress, the group is ticking off a phased $6 million refurbishment of its Pullman Hotel on Hindmarsh Square to make the most of “growing opportunities” in the Adelaide hotels sector.

“Competition is great. One of the biggest issues in Adelaide is that a lot of our competitors are 30-year old properties and when you have older stock, they are unable to push their rates up.

“With new product (hotels like Westin, among others) coming in the market, there will be a greater reason for people to get educated on paying room rates in Adelaide commensurate with other capital cities.

“Whilst we (Pullman and Ibis) have had some good growth, our room revenues are still a lot lower than most of the other capital cities.
38 storey $85m somebody stop them please

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Hines is building a 38 level building for $85 million and he has a whinge about the adelaide market being cheap.
I will make sure that I don't stay in any of his hotels from now on.

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#134 Post by retsacerp » Wed Jun 19, 2019 10:53 pm

cmet wrote:
Wed Jun 19, 2019 1:49 pm
citywatcher wrote:
HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
38 storey $85m somebody stop them please

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ImageImageImage If this was based around cost per sqm it would be around realm etc. small floorplates
Floor plates are less than 300 sqm, GFA is only about 11,000 sqm, so $85m to build is actually way over the odds. Is that the end value, maybe?

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[APP] Re: 29 Twin Street | 124m | 38lvls | Student accom

#135 Post by cmet » Wed Jun 19, 2019 10:53 pm

ghs wrote:
citywatcher wrote:
Tue Jun 18, 2019 11:00 pm
HiTouch wrote:The full article is at https://www.adelaidenow.com.au/business ... d3a6d066f5. I thought it was relevant though as it makes a mention about twin street.
38 storey $85m somebody stop them please

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Hines is building a 38 level building for $85 million and he has a whinge about the adelaide market being cheap.
I will make sure that I don't stay in any of his hotels from now on.
Once again, tiny floor plates...


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