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

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

Post by gnrc_louis »

claybro wrote:
Sat May 02, 2020 12:55 pm
citywatcher wrote:
Fri May 01, 2020 10:50 pm
SRW wrote: Oh, so this is your idea of logic :toilet:
X2

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So you would actually rather a new tower filled with public servants, costing additional millions in rent for you the taxpayer, rather than have a mining company pay to rent the office space and have its logo on top in case there is a conflict of interest.? If that kind of anti mining sentiment is the norm over there, no wonder SANTOS is packing up for Brisbane.
Maybe SRW is just sick of special interest groups having such strong lobbying power - contradicting the core intent of how a liberal democracy should function.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Jaymz »

gnrc_louis wrote:
Sat May 02, 2020 1:07 pm
Jaymz wrote:
Sat May 02, 2020 12:28 pm
I for one definitely hope any type of Govt. Department doesn't take up space in the new tower, although sadly, it seems like a given in Adelaide to get a major office tower off the ground, aka City Central 2 and 3 (ATO and Attorney Generals Office).
Why? What is wrong with government tenants? Government jobs provide workers with reasonably good, stable incomes in fair working conditions. Also Covid has further reiterated the important role Government plays in the economy in general.
I should have been clearer with my comment, I was making it on a more broad economic view point. I think it's preferable if new office towers be filled with the private sector, but the demand needs to be there. The uptake of new office space by the private sector is a clear sign of a healthy economy. It's pretty basic.

I'm okay with the public sector, it plays it's role. But if the Govt. is always having to sweeten the deal for a new tower by locking in (often long term) leases and rent, then it's not really sustainable. I could go on more of a rant, but i'll only say it's widely known that S.A has the highest number of public employees as % of total employment of all the states. Anyways, this prolly belongs in the beer garden/SA Economy thread so i'll leave it here.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by gnrc_louis »

Jaymz wrote:
Sat May 02, 2020 1:22 pm
gnrc_louis wrote:
Sat May 02, 2020 1:07 pm
Jaymz wrote:
Sat May 02, 2020 12:28 pm
I for one definitely hope any type of Govt. Department doesn't take up space in the new tower, although sadly, it seems like a given in Adelaide to get a major office tower off the ground, aka City Central 2 and 3 (ATO and Attorney Generals Office).
Why? What is wrong with government tenants? Government jobs provide workers with reasonably good, stable incomes in fair working conditions. Also Covid has further reiterated the important role Government plays in the economy in general.
I should have been clearer with my comment, I was making it on a more broad economic view point. I think it's preferable if new office towers be filled with the private sector, but the demand needs to be there. The uptake of new office space by the private sector is a clear sign of a healthy economy. It's pretty basic.

I'm okay with the public sector, it plays it's role. But if the Govt. is always having to sweeten the deal for a new tower by locking in (often long term) leases and rent, then it's not really sustainable. I could go on more of a rant, but i'll only say it's widely known that S.A has the highest number of public employees as % of total employment of all the states. Anyways, this prolly belongs in the beer garden/SA Economy thread so i'll leave it here.
I definitely agree that South Australia needs to attract more private sector investment and thus employment. My understanding though is in a lot of cases when Government does move into new builds this one it is to either consolidate their footprint into one building or because where they previously where was lower grade office space? Anyway, this is in a pretty prime location so you'd imagine it will attract a mix of the private and public sector like the BHP building has.
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[U/C] Re: [U/C] Re: Festival Plaza Redevelopment | $800 million

Post by SRW »

claybro wrote:
Sat May 02, 2020 12:55 pm
citywatcher wrote:
Fri May 01, 2020 10:50 pm
SRW wrote: Oh, so this is your idea of logic :toilet:
X2

Sent from my SM-J730G using Tapatalk
So you would actually rather a new tower filled with public servants, costing additional millions in rent for you the taxpayer, rather than have a mining company pay to rent the office space and have its logo on top in case there is a conflict of interest.? If that kind of anti mining sentiment is the norm over there, no wonder SANTOS is packing up for Brisbane.
None of these things follow.

The state government already leases from the private sector, and is trying to sell off many of its remaining owned assets (like the State Admin Centre). It's pretty straightforward that it could finish up leases in lower-grade stock and consolidate here, probably saving money through relative energy efficiency and colocation benefits. That's not 'additional', as though they'd hire servants just to fill it...

Less straightforward is the wrongheaded route you've taken from what I said to this idea of anti-mining sentiment forcing SANTOS to move. I made a comment about the semiotics of parliament being overshadowed by moneyed interests (in a development that has otherwise lacked probity and sympathetic scale). Nobody's calling for pitchforks to end mining, FFS, not that it has anything to do with whatever decisions SANTOS is making regarding its workforce's location.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Norman »

I would just like to point out that SANTOS is not "packing up and leaving". It is merely shifting staff around the country, and the number of people employed in the Adelaide office(s) will remain the same. They will just be different staff.

I also doubt that SANTOS will be the tenant here as they only just finished refurbishing their current office.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Bob »

Norman wrote:
Sat May 02, 2020 4:36 pm
I would just like to point out that SANTOS is not "packing up and leaving". It is merely shifting staff around the country, and the number of people employed in the Adelaide office(s) will remain the same. They will just be different staff.

I also doubt that SANTOS will be the tenant here as they only just finished refurbishing their current office.
Since Norman raised this lets clear this up re SANTOS. Adelaide still loses out - why? Because all Onshore operations staff are to be based in Brisbane, all Offshore staff are to be based in Perth, Adelaide remains as the corporate centre with some roles being different than previous, ie more admin less engineering. So instead of the Adelaide office growing with the growth of SANTOS with the sort of jobs the Premier keeps banging on about , it will be diluted by the increased presence in Perth & Brisbane. Not much increased economic benefit to SA is it?

So who apart from Government is going to be left to occupy the biggest stake for office space in this new tower? There are no SA companies left to find for this - no Bank HQ available, no mining giant HQ available, no retail HQ available, no large manufacturing consolidate HQ available, so who?
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by SBD »

Bob wrote:
Sun May 03, 2020 8:59 am
Norman wrote:
Sat May 02, 2020 4:36 pm
I would just like to point out that SANTOS is not "packing up and leaving". It is merely shifting staff around the country, and the number of people employed in the Adelaide office(s) will remain the same. They will just be different staff.

I also doubt that SANTOS will be the tenant here as they only just finished refurbishing their current office.
Since Norman raised this lets clear this up re SANTOS. Adelaide still loses out - why? Because all Onshore operations staff are to be based in Brisbane, all Offshore staff are to be based in Perth, Adelaide remains as the corporate centre with some roles being different than previous, ie more admin less engineering. So instead of the Adelaide office growing with the growth of SANTOS with the sort of jobs the Premier keeps banging on about , it will be diluted by the increased presence in Perth & Brisbane. Not much increased economic benefit to SA is it?

So who apart from Government is going to be left to occupy the biggest stake for office space in this new tower? There are no SA companies left to find for this - no Bank HQ available, no mining giant HQ available, no retail HQ available, no large manufacturing consolidate HQ available, so who?
If the Hillside Mine gets going, then Rex minerals will need more office space.

If the huge Ceres wind farm proposed for Yorke Peninsula gets going (eg to supply the mine) including a cable across the gulf, Senvion will need office space.

Twin Creek Wind Farm is proposed by RES Australia, which does not presently have an SA presence.

There's three opportunities to attract new staff to offices in SA, that would not have large suburban or country manufacturing that would also be their logical head office location.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by CDJ »

Two more tower cranes going up this weekend. First suspended slab pours next week (B4 level) :cheers:
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by EBG »

The second riverside car park crane is going up today and the remaining casino crane has started to come down with some tower sections being removed. no time for pictures.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by EBG »

The second crane is finished and the third crane is 1/2 complete as at midday Sunday.
The first crane is at the rear of parliament house, the second right in the centre of the site and the third is at the north east part of the site next to King William road. Please click on picture for Bigger. PS no work has been done to remove the last casino crane.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Norman »

A variation to the development application has been lodged for Festival Plaza. It looks to contain updated renders of Station Place, the station entrance and the plaza.

https://www.saplanningcommission.sa.gov ... hments.pdf
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Nort »

Norman wrote:
Wed May 27, 2020 11:36 am
A variation to the development application has been lodged for Festival Plaza. It looks to contain updated renders of Station Place, the station entrance and the plaza.

https://www.saplanningcommission.sa.gov ... hments.pdf
Main changes are a reduction in lawn area, increased footprint of the retail/dining structure, and a few less trees.

I generally agree with the responses in there, it would be nice to see those trees kept, but overall the development looks good.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by SRW »

Yeah, it'll be a satisfactory space although not one I'm in love with. It's a shame there are not enough deep soil areas to allow more trees; I worry those 'arbours' are not architectural enough and will end up looking like bad 80s mall furniture without providing adequate shade.

The part I am excited about is the vaulted concourse for the Railway Station. It looks amazing!
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by gnrc_louis »

Advertiser has another article about this development if anyone is able to post it.
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[U/C] Re: Festival Plaza Redevelopment | $800 million

Post by Nathan »

$253.5 million transformation of Adelaide’s Festival Plaza gains approval after nearly a decade of waiting
https://www.adelaidenow.com.au/news/sou ... 4dacb719c0

Work will start this month on a $253.5 million transformation of Adelaide’s Festival Plaza, including escalators from the Riverbank footbridge and major landscaping – eight years after the project was first proposed.

Planning approval was granted this week for the project’s publicly funded component, which involves a substantial revamp of the square bordered by Parliament House, the Festival Centre, Casino and King William Rd.

The State Commission Assessement Panel approved design, revealed by The Advertiser in April, includes dual escalators at the Adelaide Railway Station’s northern entrance, linking the plaza with the lower-level southern end of the Riverbank footbridge, space for large events, a “misting” water feature and free wi-fi access.

The long-awaited construction is part of a $600 million project, which also includes a planned 27-storey office tower and a 1560-space underground carpark being built by Sydney-based Walker Corporation.

Image
An artist’s impression of Adelaide Railway Station’s northern entrance, connecting to the Riverbank footbridge and Festival Plaza via dual escalators.

Planning and Infrastructure Minister Stephan Knoll said Festival Plaza’s public area would become a world-class events and open public space for all South Australians to enjoy.

“The Festival Plaza public realm will become the premier open and events space in the heart of the Riverbank precinct that will continue the area’s transformation,” Mr Knoll said.

“This project has been a long time coming and we are finally going to see shovels in the ground later this month on some parts of the plaza with further works to ramp open over the course of the rest of year.

“Construction of the Festival Plaza public realm will be staged to align with the other major components of the redevelopment.”

The construction’s first stage will involve landscaping on Station Rd, between the plaza and Casino, in time for the October opening of the Casino’s $330 million expansion, including a hotel.

The Railway Station’s northern entrance, which will include vaulted ceilings and shops, is expected to be reconnected permanently to the Riverbank by early next year.

Most of the Plaza work is scheduled to finish late next year.

Walker Corporation has previously indicated a green light for the plaza’s public component would enable similar landscaping on top of the carpark, now under construction, and a go-ahead for the office tower and premium retail/entertainment precinct – the latter within a three-level complex fronting the plaza.

Image
The approved design for Festival Plaza.

The former Labor government in 2012 gave Walker Corporation exclusive rights to develop the precinct and in 2016 signed a development agreement for the carpark and Plaza, expiring in 2026.

Lord Mayor Sandy Verschoor said the “exciting” project would further improve the Riverbank precinct for the whole community.

“The Festival Plaza redevelopment is the type of project we need and welcome in the city at this time as we recover from the impacts of COVID-19,” she said.

“I’m particularly pleased our arts community will benefit from a new public space that’s designed to host performances, events and festivals.”
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