A new high-rise apartment building has been proposed for Adelaide’s central business district. It will feature offices, short-stay accommodation, and apartments. It will also include a market square and public spaces.
The project will be designed by builder Buildtec, which has delivered more than 1,000 affordable purchase and rental dwellings in Adelaide. The development will be completed in 2024. For more information about the oldest commercial property developers Adelaide, check this out.
John L. Fitzgerald
Nothing says “stick it to the man”, like holding on to your property worth millions of dollars as developers build all around you. But that’s what one family did in Adelaide.
The $400 million development includes an all-electric commercial office tower, retail, on-site childcare, luxury residences and a premium hotel. It will also include new public spaces and a garden retreat.
It has secured tenancy commitments from both local and international companies. It will be built with a post-pandemic design, including touchless technology and HVAC systems that can be quickly disinfected.
Darren Wallis
The redevelopment of the Central Market Arcade will include 392 new apartments, a 208-room hotel and significant commercial office space. Approximately 35 per cent of these apartments will be affordable housing.
The project will also feature a street-front cafe, swimming pool and rooftop bar. Services Australia will occupy most of the building, moving from its current city headquarters.
Eighty-Eight O’Connell is breathing life into a long-vacant site in North Adelaide. The $250 million transformation will include a vibrant market square, short-stay accommodation and residential apartments. For more information about the oldest commercial property developers Adelaide, check this out.
Mark Heritage
Almost 90 per cent of the office space has been tenanted, and demand continues to grow. The project is expected to create 430 jobs at peak construction.
The soaring structure above the GPO building on King William Street has already secured tenancy commitments from international and local tenants. The development will include a signature restaurant and bar, club lounge, swimming pool, gym and function spaces.
Services Australia, which manages public service operations such as Medicare and Centrelink, will occupy 28,500 sq m across ten floors of the new building.
Andrew Bodnar
After forty years of residential building, Fairmont Homes began to diversify into commercial development. This included nursing homes, community centres and sporting clubs. They also started constructing larger plots of land.
The building will offer office space, rooftop terraces, end-of-trip facilities, and retail and hospitality tenancies at the corner of Pirie Street and Freemasons Lane. The project is expected to be completed in 2023.
The $250 million Eighty-Eight O’Connell development will transform the long-vacant Le Cornu site in North Adelaide. The development will include:
- A bustling market square.
- Outdoor dining and play spaces.
- Short-stay apartments.
- Offices for technology companies.
Dymphna Boholt
Dymphna Boholt is one of Australia’s leading property specialists. She has authored numerous books and runs nationwide seminars on achieving financial freedom, income replacement through real estate investing, and asset protection. For more information about the oldest commercial property developers Adelaide, check this out.
Queensland Fair Trading regulators recently handed Sunshine Coast-based property spruiker Dymphna Boholt a $15,000 penalty and an enforceable undertaking over her bogus seminar claims. The spruiker made numerous claims in full-page newspaper advertisements and at her seminars in 2013 that were later found to be inaccurate.
Sunhoc Khou
An admitted pedant, Sunhoc Khou is known for his meticulous approach to property development. His focus on details has perhaps helped him build a portfolio of 11 buildings worth over $5 million. He heads HWD Homes and also develops his projects.
Margaret Lomas is an icon in Australia’s property investing scene. Her unique background and choices led her to a career in property, and she now owns a property empire worth $20 million. Her passion is helping others get started in the property industry.
Trent Giumelli
The founder of mortgage brokerage Atelier Wealth, Aaron Christie-David, has an eclectic career that spans the finance and property industries. He’s also a passionate community contributor, volunteering at Lifeline and donating plasma.
He started his investing journey with a Monopoly board game and has built an impressive property portfolio of up to $5 million. He’s the author of several books and speaks at events around Australia.