[PRO] 51 Pirie Street | 94m | 21 Levels | Hyatt

All high-rise, low-rise and street developments in the Adelaide and North Adelaide areas.
User avatar
Ho Really
Super Size Scraper Poster!
Posts: 2527
Joined: Sun Aug 27, 2006 3:29 pm
Location: In your head

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Ho Really »

Why all this talk about prefabs etc., for this quality building? That's for the Lester Hotel on West Terrace. First thing the Singaporeans wouldn't allow this. If the Park Hotel Group have this on their website it means it will be built in some shape or form. Thirty or forty levels. These people don't like losing face. As for a time frame: starting 2016, completion 2018. Very plausible, so don't see what the hurry up is.

Cheers
Confucius say: Dumb man climb tree to get cherry, wise man spread limbs.
RoiMartel
Sen-Rookie-Sational
Posts: 42
Joined: Mon Jan 18, 2016 11:46 am

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by RoiMartel »

.
Last edited by RoiMartel on Tue Oct 23, 2018 7:38 am, edited 2 times in total.
Ben
VIP Member
VIP Member
Posts: 7018
Joined: Mon Dec 19, 2005 11:46 am
Location: Adelaide

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Ben »

That sign has been up for about 3 years itself.
RoiMartel
Sen-Rookie-Sational
Posts: 42
Joined: Mon Jan 18, 2016 11:46 am

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by RoiMartel »

.
Last edited by RoiMartel on Tue Oct 23, 2018 7:38 am, edited 2 times in total.
Ben
VIP Member
VIP Member
Posts: 7018
Joined: Mon Dec 19, 2005 11:46 am
Location: Adelaide

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Ben »

Missed this from back in January. refers to the development as 36 levels and still going ahead. Probably makes it around 138m.
Singapore’s Chip Eng Seng buys LGB to secure Adelaide sites

THE AUSTRALIAN JANUARY 30, 2016 12:00AM

Kylar Loussikian

Singapore-listed Chip Eng Seng has moved to acquire two substantial Adelaide mixed-use developments by purchasing another city state-based firm, LGB.

Chip Eng Seng will appoint LGB’s major shareholder, Raymond Chia, as its chief executive and executive chairman, replacing his father-in-law Lim Tiam Seng.

LGB controls two major Adelaide developments, including the Park Hotel Adelaide project at 51 Pirie Street. It acquired the site from Charter Hall’s Core Plus Office Fund last year for $13 million.

Construction of a mixed-use 36-storey development is expected to begin early next year, with the $175m project to have up to 280 apartments as well as a 250-room hotel.

That property, with a total net lettable area of 6315sq m, is currently a seven-level B-grade office block tenanted by St George Bank and others.

LGB also controls the Newmarket Hotel site at 1 North Terrace, proposing a 400-apartment development atop the restored pub.

The company — through its One North Terrace subsidiary — lodged a development application early last year, which was recommended for approval in December.

The deal brings Mr Chia — who owns 40 per cent of LGB — back into Chip Eng Seng, where he was formerly managing director of the property development division and later chief executive and executive chairman.

“Pending the completion of the proposed acquisition, or if the proposed acquisition does not materialise, the company will allow Mr Chia to continue remaining a passive shareholder of LGB on the basis that (it) will not engage in any further property development projects,” Chip Eng Seng said in a statement.

The company has not disclosed the price it could pay if it moves ahead with the acquisition.

Chip Eng Seng has been active in the Australian market for some time, currently building a 71-storey building known as Tower Melbourne on Queen Street.

Last year it sold a 2927sq m site within the CUB brewery precinct — at 8 Bouverie Street, Carlton — for $65m after acquiring it in 2013 for $32m and securing approval from the former Victorian government for a 72-storey residential tower.

That property was sold to Hengyi, an affiliate of mainland Chinese player Shandong HYI.

Chip Eng Seng also paid $27m last year for two nearby development sites in Melbourne’s inner-north from packaging firm NCI.
User avatar
Algernon
Legendary Member!
Posts: 1233
Joined: Sat Jul 09, 2005 9:46 pm
Location: Moravia

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Algernon »

Hopeully he doesn't have the same horrible problems with neighbours as he did with Tower Melbourne.
User avatar
[Shuz]
Super Size Scraper Poster!
Posts: 2683
Joined: Sun Apr 10, 2011 5:26 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by [Shuz] »

I think this thread needs to be made special / stickied just because it's likely to be the city's tallest building.

RIP Westpac House 1988 - 2018. #haha
Any views and opinions expressed are of my own, and do not reflect the views or opinions of any organisation of which I have an affiliation with.
User avatar
Norman
Donating Member
Donating Member
Posts: 6007
Joined: Sun Mar 25, 2007 1:06 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Norman »

Please don't jinx this building >_<
User avatar
[Shuz]
Super Size Scraper Poster!
Posts: 2683
Joined: Sun Apr 10, 2011 5:26 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by [Shuz] »

Norman wrote:Please don't jinx this building >_<
I think the jinx was when the building was put in the banner of the website l.
Any views and opinions expressed are of my own, and do not reflect the views or opinions of any organisation of which I have an affiliation with.
noted
High Rise Poster!
Posts: 158
Joined: Sat Jan 30, 2016 5:11 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by noted »

Apologies I'm not great at trawling through these pages or government websites, but has there been an official announcement from PHG that this is planned to be 40 levels? Everything I find is saying 30.
User avatar
monotonehell
VIP Member
VIP Member
Posts: 5466
Joined: Fri Feb 01, 2008 12:10 am
Location: Adelaide, East End.
Contact:

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by monotonehell »

[Shuz] wrote:
Norman wrote:Please don't jinx this building >_<
I think the jinx was when the building was put in the banner of the website l.
Howie and I are making good money extorting developers to not put their projects in our banner. ;)
Exit on the right in the direction of travel.
ml69
Legendary Member!
Posts: 939
Joined: Mon Jan 03, 2011 11:16 pm
Location: Adelaide SA

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by ml69 »

Ben wrote:Missed this from back in January. refers to the development as 36 levels and still going ahead. Probably makes it around 138m.
Singapore’s Chip Eng Seng buys LGB to secure Adelaide sites

THE AUSTRALIAN JANUARY 30, 2016 12:00AM

Kylar Loussikian

Singapore-listed Chip Eng Seng has moved to acquire two substantial Adelaide mixed-use developments by purchasing another city state-based firm, LGB.

Chip Eng Seng will appoint LGB’s major shareholder, Raymond Chia, as its chief executive and executive chairman, replacing his father-in-law Lim Tiam Seng.

LGB controls two major Adelaide developments, including the Park Hotel Adelaide project at 51 Pirie Street. It acquired the site from Charter Hall’s Core Plus Office Fund last year for $13 million.

Construction of a mixed-use 36-storey development is expected to begin early next year, with the $175m project to have up to 280 apartments as well as a 250-room hotel.

That property, with a total net lettable area of 6315sq m, is currently a seven-level B-grade office block tenanted by St George Bank and others.

LGB also controls the Newmarket Hotel site at 1 North Terrace, proposing a 400-apartment development atop the restored pub.

The company — through its One North Terrace subsidiary — lodged a development application early last year, which was recommended for approval in December.

The deal brings Mr Chia — who owns 40 per cent of LGB — back into Chip Eng Seng, where he was formerly managing director of the property development division and later chief executive and executive chairman.

“Pending the completion of the proposed acquisition, or if the proposed acquisition does not materialise, the company will allow Mr Chia to continue remaining a passive shareholder of LGB on the basis that (it) will not engage in any further property development projects,” Chip Eng Seng said in a statement.

The company has not disclosed the price it could pay if it moves ahead with the acquisition.

Chip Eng Seng has been active in the Australian market for some time, currently building a 71-storey building known as Tower Melbourne on Queen Street.

Last year it sold a 2927sq m site within the CUB brewery precinct — at 8 Bouverie Street, Carlton — for $65m after acquiring it in 2013 for $32m and securing approval from the former Victorian government for a 72-storey residential tower.

That property was sold to Hengyi, an affiliate of mainland Chinese player Shandong HYI.

Chip Eng Seng also paid $27m last year for two nearby development sites in Melbourne’s inner-north from packaging firm NCI.
I know this is wishful thinking only, but it would be so much better for this to go ahead at 40 levels (around 150m) than 36 levels (138m). At 150m, it will clearly stand as the tallest in the CBD skyline rather than sort of similar to Westpac House.
Ben
VIP Member
VIP Member
Posts: 7018
Joined: Mon Dec 19, 2005 11:46 am
Location: Adelaide

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Ben »

Not sure if this means its dead but Adelaide has been removed from the "coming soon" section.

http://www.parkhotelgroup.com/en/development
User avatar
timtam20292
Legendary Member!
Posts: 1169
Joined: Tue Apr 19, 2016 1:03 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by timtam20292 »

I find that very concerning. :(
User avatar
Norman
Donating Member
Donating Member
Posts: 6007
Joined: Sun Mar 25, 2007 1:06 pm

[PRO] Re: 51 Pirie Street | 153m | 40lvls | Hotel

Post by Norman »

We have a lot of hotel space coming online soon, so maybe it's for the better for now.
Post Reply