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<p>A $500-million medical research facility in Adelaide has reached practical completion.</p><p>The Australian Bragg Centre in the South Australian capital’s BioMed City precinct will house Australia’s first proton therapy unit, putting ground-breaking cancer treatment in Adelaide another important step closer, according to Commercial &amp; General, the developer of the project.</p><p>The purpose-built 15-storey biomedical development will also be home to leading cancer researchers, clinicians and the SA government’s Department for Health and Wellbeing teams.</p><p>The building has 33,000sq m total floor area across 15 levels with 11 floors of dry lab space.</p><p>Construction of the centre by Lendlease involved the removal of 66,000 tonnes of earth and the pouring of 7000sq m of shielding concrete across 29 separate concrete pours with 281 panels, 121 tonnes of embedded steel shielding plates and three individual shielding doors weighing about 220 tonnes in total.</p><p>Commercial &amp; General said it had engaged specialist consultants from Australia, Europe and the US to ensure construction of the bunker that houses the proton therapy unit met the specific tolerances required of the technology, including radiation shielding and vibration minimisation.</p><p>When fully operation, the proton therapy unit will have the ability to treat about 600 to 700 patients a year.</p><p><span class="mce-preview-object mce-object-iframe" contenteditable="false" data-mce-object="iframe" data-mce-p-allowfullscreen="allowfullscreen" data-mce-p-frameborder="0" data-mce-p-src="https://player.vimeo.com/video/814816944?h=765aa97087" data-mce-p-title="vimeo-player"><iframe src="https://player.vimeo.com/video/814816944?h=765aa97087" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe><span class="mce-shim"></span></span></p><p><br>The centre is being funded through a public-private partnership including SAHMRI, Commercial &amp; General, Dexus, and the federal and SA governments.</p><p>Commercial &amp; General also delivered Calvary Adelaide Hospital—the largest private hospital in South Australia, amongst other health projects.</p><p>The developer—one of SA’s most substantial—has a project portfolio in excess of $2 billion in end value.</p>

The Australian Bragg Centre, developed by a private-public partnership, is a key asset for the South Australian capital’s BioMed City precinct…

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<p>Plans have been filed for a $150-million residential, commercial and retail precinct spanning 6200sq m behind a historic Adelaide hotel.</p><p>South Australian-based developer Citify has lodged a development application for a 10-storey apartment tower that includes 11 luxury townhouses for a north-eastern part of the site at <a href="https://www.theurbandeveloper.com/articles/south-australia-adelaide-botanic-high-school-stage-2-vertical-design" target="_blank" rel="noopener" data-mce-href="https://www.theurbandeveloper.com/articles/south-australia-adelaide-botanic-high-school-stage-2-vertical-design">Gilberton in Adelaide’s inner north.</a></p><p>The tower comprising 180 apartments would sit behind Buckingham Arms hotel. The hotel dates back to 1846.</p><p>Developers would restore the hotel during the development of the proposed mixed-use precinct, which would be known as The Buckingham.</p><p>The proposal includes the development of one-bedroom studios catering for specialist disability requirements, to high-end penthouses with four bedrooms.&nbsp;</p><p>Citify managing director Joel Wilkinson said there would also be apartments targeted at the first-home buyer market.</p><div id="2klt1LWxc3ILJZsHsn3zbC"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5dzDzcMuZHlaLCTlDwA8rJ/9086c4472e3a418fdaa29fdd40ffc5aa/tHE_bUCKINGHAM_MID.png" alt="The historic hotel Buckingham Arms in Gilberton was known for its iconic smorgasbord." data-mce-src="//images.ctfassets.net/8pr762qjocl3/5dzDzcMuZHlaLCTlDwA8rJ/9086c4472e3a418fdaa29fdd40ffc5aa/tHE_bUCKINGHAM_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The historic hotel Buckingham Arms in Gilberton was known for its smorgasbord.</span></div><div><br></div></div><p>He said the location in an affluent area of the SA Capital would be reflected in the building design and the completed project would cater to a diverse range of buyers.</p><p>That mix includes 32 serviced apartments, and 1230sq m of ground-floor retail space and commercial space in a separate building that is planned for the northern section of the site.</p><p style="margin-top: 0pt; margin-bottom: 0pt;" data-mce-style="margin-top: 0pt; margin-bottom: 0pt;">The Buckingham would be entirely electric and offer vehicle charging in the 305-space carpark, which would also include more than 100 bicycle spots<span style="font-size: 14pt; font-family: Georgia, serif; color: #1d1c1d; white-space-collapse: preserve;" data-mce-style="font-size: 14pt; font-family: Georgia, serif; color: #1d1c1d; white-space-collapse: preserve;">.</span></p>

Developers filed an application for a $150-million residential, commercial and retail precinct spanning 6200 sq m, behind a historic Adelaide hotel.

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<p>Construction works are expected to kick off on the redevelopment of Adelaide’s Salvation Army Women’s Hostel in early 2024.</p><p>The project named Sutherland was approved in 2021 with an aim to repurpose the hostel and make way for two and three-bedroom apartments.&nbsp;</p><p>In Adelaide City’s east end, the site at 341-345 Angas Street opened in 1922 and was used for accommodating young women looking for professional jobs, until its most recent use as a backpacking hostel.</p><p>Edberg Developments are leading the development, with Matthews Architects behind the designs.&nbsp;</p><p>The developer plans to add an extra storey to the three-level building and an additional four-levels to the back part, allowing for eight apartments in total.</p><p>Matthews Architects managing director Gerald Matthews said adapting heritage buildings and already existing infrastructure would ease Adelaide’s housing-supply shortage without having to release farmland for residential use.&nbsp;</p><p>“The buildings already exist, they just need help to adapt,” Matthews said.</p><p style="margin-top: 0pt; margin-bottom: 0pt;" data-mce-style="margin-top: 0pt; margin-bottom: 0pt;"><br></p><div id="x4iiOIoLSGRmZ84qvaxE3"><picture><img src="//images.ctfassets.net/8pr762qjocl3/2MQ2WvXIi5b8kXQ363cNTu/8466cb1a737d98905e246691315432e5/HOSTEL_MID.png" alt="The former Salvation Army Womens Hostel in Adelaide holds a rich history since 1922." data-mce-src="//images.ctfassets.net/8pr762qjocl3/2MQ2WvXIi5b8kXQ363cNTu/8466cb1a737d98905e246691315432e5/HOSTEL_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The former Salvation Army Womens Hostel in Adelaide holds a rich history since 1922.</span></div><div><br></div><div><p>He said there is a high number of vacant old office buildings scattered throughout Adelaide CBD, and alternative solutions to building code requirements through legislation changes could be the key to meeting housing demands.&nbsp;</p><p>If all goes according to plan, the $7-million facelift would be expected to attract people wanting cosmopolitan, inner-city living, according to Matthews.</p><p>Because there is a range of apartment styles suited to couples or larger ones for families, the interest is “already impressive” ahead of the apartments hitting the market.&nbsp;</p><p style="margin-top: 0pt; margin-bottom: 0pt;" data-mce-style="margin-top: 0pt; margin-bottom: 0pt;">Council members originally opposed the idea of adding an extension to the existing structure due to an invasion of privacy, it was reported, however the approval was given in 2021.</p></div></div>

Construction works are expected to kick off on the redevelopment of Adelaide’s Salvation Army Womens Hostel in early 2024.


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<p>Plans have been filed to expand a high-end residential care facility in Adelaide’s south by sector heavyweight Estia Health.&nbsp;&nbsp;</p><p>Formerly known as Premier Health Care’s The Carlyle on Cross and refurbished in 2020, the luxury facility in Unley is now know as Estia Health Myrtle Bank.&nbsp;</p><p>Proposed plans include the demolition of existing buildings at 5, 5A and 7A Glenferrie Avenue to develop a two-storey building with 46 beds linking to the existing care facility at 32 Cross Road, Myrtle Bank.</p><p>If approved, plans show the total number of beds would increase to 118 with four apartments included in the mix.&nbsp;&nbsp;</p><p>Each bedroom would have a private ensuite, including suites for couples and interconnecting rooms.&nbsp;</p><div id="carousel-root" data-reactroot=""><image-carousel-remove-button><div class="rm-carousel-wrapper"><button id="rm-carousel" class="rm-carousel-btn">Delete</button></div></image-carousel-remove-button><div class="slider-wrap"><image-carousel><div class="slider-el"><img style="height: 100%;" title="MYRTLE BANK MID.png" src="http://images.ctfassets.net/8pr762qjocl3/boxljwU6Gd33vQ6jsds9N/641cca04c70e1cd00e1e6a8d370b64e8/MYRTLE_BANK_MID.png" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/boxljwU6Gd33vQ6jsds9N/641cca04c70e1cd00e1e6a8d370b64e8/MYRTLE_BANK_MID.png" data-mce-style="height: 100%;"></div><div class="slider-el"><img style="height: 100%;" title="5 Glenferrie Ave MID.png" src="http://images.ctfassets.net/8pr762qjocl3/1xT588lOhuRPIFbLGcHT5z/a5b67c5482362e59a956215dbd8f29c4/5_Glenferrie_Ave_MID.png" data-mce-src="http://images.ctfassets.net/8pr762qjocl3/1xT588lOhuRPIFbLGcHT5z/a5b67c5482362e59a956215dbd8f29c4/5_Glenferrie_Ave_MID.png" data-mce-style="height: 100%;"></div></image-carousel></div></div><p><br>Spanning 7779 sq m with 3108 sq m of that to be part of the extension, Estia Health Myrtle Bank neighbours <a data-mce-href="https://www.theurbandeveloper.com/articles/google-adelaide-lot-fourteen-tech-hub-precinct-plans" href="https://www.theurbandeveloper.com/articles/google-adelaide-lot-fourteen-tech-hub-precinct-plans" target="_blank" rel="noopener">the University of Adelaide.</a></p><p>Estia Health Myrtle Bank said it aims to tailor its homes for the particular area it is in, and the fitout includes day spa, beauty salon, theatre, and fitness centre.&nbsp;</p><div id="1tM1ikgMR1ABcrh5OFCTxD"><p>Before becoming Carlyle on Cross, the facility was Ridge Park at Myrtle Bank, which then underwent a significant refurbishment.</p></div><p>Estia Health was formed in 2014 from Padman Health Care, Cook Care, Estia and Kennedy Homes, and now has more than 70 homes across SA, Victoria, NSW and Queensland with more than 8000 residents&nbsp;</p>

Plans have been filed to expand a high-end residential care facility in Unley owned by Estia Health.  


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<p>It was the end of an era when the Mitsubishi assembly line fell silent for the final time in 2008 at Tonsley in South Australia.</p><p>But it was also the beginning of a new one for the 61ha site, 10km south of Adelaide.&nbsp;</p><p>Cars had been manufactured on the site since Chrysler acquired it in 1955.&nbsp;</p><p>More than 930 people had been working at Mitsubishi, second and third-generation factory workers among them.&nbsp;</p><p>But after its closure, the state government took control of the site. Renewal SA was charged with creating the Tonsley Innovation District, which opened in 2012 and continues to evolve 10 years later, halfway through its 20-year masterplan. It has been recognised as a global benchmark for redeveloping traditional manufacturing facilities.&nbsp;</p><div id="5x2HLFglCGiOgoU41WGfZv"><picture><img src="//images.ctfassets.net/8pr762qjocl3/1gY2fcNNbHUoAdGfZwfwLr/3a015a82a8871089ba12d7a7e4aaa67c/Tonsley_MID1.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/1gY2fcNNbHUoAdGfZwfwLr/3a015a82a8871089ba12d7a7e4aaa67c/Tonsley_MID1.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The retention of the enormous saw-tooth-roofed Mitsubishi Assembly Building (MAB) created the foundation of the innovation precinct. </span></div></div><p><br>Renewal SA executive director of property and major projects Todd Perry says the reinvigoration of the stalled manufacturing sector has created a new high-value manufacturing and innovation precinct that is solving some major problems nationally and internationally.</p><p>More than 2000 people work under the saw-tooth roof of the former Main Assembly Building (MAB). Perry says it is an eclectic mix of leading-edge research, start-ups, business incubators and government organisations.&nbsp;</p><p>Perry says retaining the original assembly line was a “stroke of genius” because such an expansive building would never be built again.&nbsp;</p><p>The site is also home to about 8500 students across a Flinders University campus and TAFE SA—and around 500 residents call Tonsley home.&nbsp;</p><p>“It has had a colourful history. It started out with creative destruction through the Mitsubishi plant shutting down,” Perry explains.&nbsp;</p><p>“The easy option there would have been to sell it for light industrial, however, a lot of poisonous and hazardous chemicals were used and contaminated a lot of the soil and land around it. The site needed extensive remediation.”</p><div id="46UabJZIOceyEEmnr8UnbN"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3wXIUpuq076m5m40XufDRO/d90766122a2aa66239a224bba7b22a84/Tonsley_MID2.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/3wXIUpuq076m5m40XufDRO/d90766122a2aa66239a224bba7b22a84/Tonsley_MID2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ In its prime, the car manufacturing site employed thousands of people. Chrysler acquired the site in 1955 and Mitsubishi took over in 1980. </span></div></div><p><br>The state government stepped in.</p><p>“The site continues to evolve, but with the same vision. It flexes with the time but the ideation of that period has largely remained sound,” Perry says.&nbsp;</p><p>“It’s based upon innovation district methodology of the triple helix model, which champions interaction between academia, industry and government.”</p><p>There are about 140 organisations in the Tonsley innovation precinct, which is carefully curated using a suitability matrix. It aims to provide opportunity for collaboration through “collision spaces”, which encourage tenants to interact.&nbsp;</p><p>Micro-X is one such client, which is developing and manufacturing ultra-lightweight mobile x-ray equipment. Every Tim Tam produced in Australia passes through automation technology developed at Tonsley. Even the blinds that keep the sun out of the corporate boxes at Roland Garros, home of the French Open, are made at Tonsley.</p><h2>World-class industrial renewal precinct lauded</h2><p><br>The district was recently inducted in the Global Network of Innovation Districts and its president Julie Wagner paid a visit to Tonsley earlier this year. Wagner said it was a “phennomenal example” of a thriving innovation district, and one which should be replicated globally.</p><div id="39W2ArSwPnDCDZnw2iyVpx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/3exnKqaCvjFK3svbJMjsLd/ef10087d3f3c87d5e40953809f43f7a9/Tonsley_MID3.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/3exnKqaCvjFK3svbJMjsLd/ef10087d3f3c87d5e40953809f43f7a9/Tonsley_MID3.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ About 140 businesses operate out of the MAB and are carefully curated according to a suitability matrix. </span></div></div><p><br>Perry says the key learnings from the huge undertaking had been to form the vision and the narrative, bring everyone together and communicate that vision clearly and early in the piece to foster community engagement and ownership. He says these learnings have been replicated across other Renewal SA projects and the development of precincts elsewhere. &nbsp;</p><p>“You’ve got to bring them along on the journey,” he says.</p><p>The renewal project has attracted public and private investment to the tune of $700 million, with a view to reaching $1 billion by the end of the project’s life cycle in 2032.&nbsp;</p><p>Perry says the workforce at Tonsley is forecast to grow as is the precinct with the addition of the La Loft Hotel, a 4.5-star hotel which opened at the start of 2023; and a brewery which will adaptively reuse the Mitsubishi car plant’s old Boiler House. Renewal SA is working on increasing activity across the site from a 9-to-5 precinct to a 16-hours on, eight-hours off as a live, work and play community.</p><h2>Building a live-work-play community</h2><p><br>Children are using it on the weekends to learn to ride their bikes and roller skate, and the site is becoming a place of congregation and connection.&nbsp;</p><p>More than 500 residents have already moved into Tonsley Village, and that is expected to grow to about 1800 when PEET’s mixed-use residential community is complete.</p><div id="3m4y4qIwiRs43TkFynxKbA"><picture><img src="//images.ctfassets.net/8pr762qjocl3/5WQNdWmImW7zazCR1Zy8m/67837ff3b4676193a155f0ff572288a3/Tonsley_MID4.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/5WQNdWmImW7zazCR1Zy8m/67837ff3b4676193a155f0ff572288a3/Tonsley_MID4.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The 61ha site is now home to about 2000 workers, 8500 students and 500 residents, a 4.5-star hotel, and a retail hub with more residents due to move in. </span></div></div><p><br>Late last year Peet unveiled plans for a wellbeing-focused retail and commercial hub after securing its first tenants and development approval.</p><p>The $47-million retail component of the precinct won planning approval from the City of Marion and is forecast to open mid-2024 with an anchor grocery store and other retail spaces.&nbsp;</p><p>The precinct will also include a variety of A-grade commercial office accommodation at the heart of the Tonsley Innovation District, including a major commitment from Junction and Women's Housing Ltd (Junction).</p><p>Peet managing director Brendan Gore says this new precinct “is a gamechanger for the community”.</p><p>“Access to amenity like this is key to building self-contained communities and improving the quality of life which has been a goal of Tonsley Village,” Gore says.&nbsp;</p><p>“For commercial users, it offers a world class building focussed on health and wellbeing at the heart of the Tonsley Innovation District. The new facilities are another step forward and is part of our long-term commitment to supporting the continued growth and success of the Tonsley Innovation District.”</p><div id="38fsRKLDuuCIOowMSJ1aqx"><picture><img src="//images.ctfassets.net/8pr762qjocl3/38mCKYkk28y5PobjkZXTLz/b0178c61fc0cdc36203b7f12e801f18f/2.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/38mCKYkk28y5PobjkZXTLz/b0178c61fc0cdc36203b7f12e801f18f/2.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ The Mitsubishi Assembly Building during peak operations. Image: Tonsley Park Redevelopment—Cultural History Report<br><br> </span></div></div><p>Minister for Housing and Urban Development Nick Champion said the merger of innovation and entertainment would spearhead a new-look Tonsley.</p><p>“Tonsley Innovation District was conceived a decade ago as a major jobs creator—a sustainable economic base for future industries to replace the jobs lost when the Mitsubishi plant closed,” Champion said.</p><p>“Ten years on, we have a flourishing workforce onsite, some 8500 students being educated within precinct and a growing number of residents who now call Tonsley home.</p><p>“By allocating space for a major investment in lifestyle amenities we are building on the vibrancy already created within the district and unlocking new employment opportunities for hundreds of South Australians.”</p><p>Renewal SA plans to complete its capital works program in early 2024, including the completion of a ring road around the MAB. The last allotments of land outside of the MAB are earmarked for sale in 2028.&nbsp;</p><p>A 10-megawatt battery is due to be installed in the district, boosting Tonsley’s renewable energy uptake, in addition to the 13,000 solar panels lining the MAB roof. The district is also trialling autonomous buses.</p><p>The South Australian government is currently working on the Innovation District Framework, which will foster stronger connections with other South Australian precincts including Lot Fourteen, and the Adelaide BioMed City.&nbsp;<br><br></p><hr><p><strong><br>You are currently experiencing&nbsp;<em>The Urban Developer</em>&nbsp;Plus (TUD+), our premium membership for property professionals.&nbsp;</strong><a href="https://www.theurbandeveloper.com/membership-plans" data-mce-href="https://www.theurbandeveloper.com/membership-plans"><strong>Click here to learn more.</strong></a></p><div id="2GhuueZl01Zwo2aFfjNVi2"><picture><img src="//images.ctfassets.net/8pr762qjocl3/12UMq5eMSEOh0QxJVBYaDt/d7507cf4ceb1365cc9ce7eaff84d06cc/tud___banner.jpg" alt="TUD + Banner" data-mce-src="//images.ctfassets.net/8pr762qjocl3/12UMq5eMSEOh0QxJVBYaDt/d7507cf4ceb1365cc9ce7eaff84d06cc/tud___banner.jpg"></picture></div>

When the Mitsubishi factory line fell silent in 2008 it marked the end of an era for Adelaide's manufacturing heartland, and the start of a new chapter in the 61ha site's history...

Melbourne Moves Ahead to Become Australia’s Biggest City by 2030 despite slow growth during the pandemic.

<div class="row" data-reactroot=""><div class="cell cs12 cx12"><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p>Melbourne will become the nation’s fastest-growing city next year and will overtake Sydney to become the biggest capital in Australia by 2030, according to the federal government.</p><p></p><p>The Centre for Population’s latest projections show population growth will take a while to heat up, with 2022 set for just 0.3 per cent growth, hampered by net overseas migration of 41,000 outgoing.</p><p></p><p>This was up from a net outflow of 100,000 last year, marking the first time population net overseas migration had dropped in Australia since World War II.</p><p></p><p>Federal minister for housing Michael Sukkar said capital cities were forecast to return to higher growth rates than the rest of their states from 2022‑2023 as overseas migration returned.</p><p></p><p>“While the outlook remains uncertain due to the unpredictability of Covid, population growth is projected to increase to around 1.4 per cent by 2024-2025 as overseas migration recovers,” Sukkar said.</p><p></p><p>“Melbourne is projected to be the fastest-growing capital city from 2023‑2024 on, overtaking Sydney to become the nation’s largest city in 2029‑2030 at just over 5.9 million people.”</p><p></p><p><strong>Population predictions for Australia</strong></p></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><div><picture><img src="https://tud-prod-tudmedia-oj9w2zshuo0o.s3.amazonaws.com/raw/images/8938d5f4-da2b-4e73-989d-fe460e5ff808.jpg" width="800"/></picture><div></div></div></div></div></div><div class="row ci"><div class="cell cs12 cx12"><div class="ci cl"><p><sup><sub>^Source: Australian Government 2021 Population Statement</sub></sup></p><p>This is in contrast to internal migration during the pandemic which saw Queensland take the lion’s share of new residents, followed by South Australia, with people moving from Melbourne and Sydney in the wake of lockdowns.</p><p></p><p>Australia’s population is expected to grow from 25.7 million in 2020-2021 to 29.3 million by 2031-2032. This is a drop of 1.5 million, or 4.9 per cent, on pre-pandemic predictions.</p><p></p><p>Lower fertility and international migration will have the biggest impact on population growth, which is predicted to increase from 0.3 per cent to 1.4 per cent in 2024-2025 before slowing to 1.2 per cent in 10 years.</p><p></p><p>While population growth was non-existent during 2020-2021 it did little to curb the housing market, which reached new highs. </p><p></p><p>Home values have <a href="https://www.theurbandeveloper.com/articles/brisbane-adelaide-house-prices-corelogic">increased 22.1 per cent in the past 12 months</a>, with the highest number of approvals in November in Victoria for  apartments and homes.</p><p></p><p>Australian Bureau of Statistics director of construction statistics Daniel Rossi said the latest data showed nationally approvals for apartments increased 9.7 per cent while house approvals levelled off at 1.4 per cent.</p><p></p><p>“The series has been at historically elevated levels over the past year, largely driven by government stimulus and record low interest rates,” Rossi said.</p><p></p><p>“While private house approvals are no longer at record highs, the November result remains 25.8 per cent higher than the pre-pandemic level in November, 2019, indicating on-going strength in the detached housing market.”</p><p></p><p>However, the housing boom is expected to settle in the coming years, constrained by affordability along with <a href="https://www.theurbandeveloper.com/articles/brisbane-catches-up-to-sydney-melbourne-property-prices">potential inflation and interest rate changes</a>.</p></div></div></div></div></div>

Melbourne will become the fastest growing city next year and will overtake Sydney to become the biggest capital city in Australia by 2030...

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<p>An application has been lodged with the South Australian planning authority to redevelop the Adelaide Aquatic Centre at Denise Norton Park.</p><p>The redevelopment is planned for the centre over multi-levels, costing $135 million for design and construction.</p><p>Plans include indoor and outdoor pools, water slides, splash zones and gardens plus a gym, fitness facilities, a spa, sauna and steam room.&nbsp;</p><p>State transport and infrastructure minister Tom Koutsantonis said the&nbsp; community wanted an updated aquatic centre accessible for all ages and with upgraded amenities.&nbsp;</p><p>“We expect interest will be strong among major construction firms to build this landmark new centre, and we look forward to contracting a builder later this year,”&nbsp; Koutsantonis said.&nbsp;</p><p>The building would be all electric using 100 per cent renewable energy with available carparks increasing from 266 to 375 spaces.&nbsp;</p><p>A 50m, 10-lane heated pool would occupy the indoor area with diving boards and learn-to-swim programs, and a 25m pool with a lagoon would occupy the outside area.</p><div id="62HQaNUVPEVCb4FPNYdtha"><picture><img src="//images.ctfassets.net/8pr762qjocl3/6V5gj2SNvHZCltSPFp9nJ8/2042b94d175328cf80327dd097ff8ea4/AQUATIC_CENTRE_MID.png" alt="A render of the proposed Adelaide Aquatic Centre upgrades." data-mce-src="//images.ctfassets.net/8pr762qjocl3/6V5gj2SNvHZCltSPFp9nJ8/2042b94d175328cf80327dd097ff8ea4/AQUATIC_CENTRE_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A render of the proposed new-look Adelaide Aquatic Centre.</span></div><div><br></div></div><p>The current aquatic centre would close in August, 2024 with completion of the work expected late 2025, early 2026.</p><p>A cafe, barbecue areas, updated cycle pathways and public transport accessibility were included in the design process.&nbsp;</p><p>Adelaide Aquatic Centre would be fully funded by the South Australian government with Adelaide-based JPE Design Studio, Warren and Mahoney and Yellaka (Karl Winda Telfer) appointed to design the project.</p><p>The SA government is in the process of sourcing a builder to deliver the project.</p>


An application has been lodged with the state’s planning authority to re-develop the Adelaide aquatic centre in Denise Norton Park.


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<p>Construction has begun on one of Adelaide’s top five developments as a former nightclub gives way for an apartment tower.</p><p>Victoria Tower Adelaide at 32-38 Grote Street will replace a burlesque bar with a $200-million, 37-storey building.</p><p>South Australian-based property firm Auta Group is the developer of the project with Synergy Construct the builder. Completion is scheduled for 2025.</p><p>The tower will comprise 285 apartments in a mix of studios, one, two and three bedroom units plus six penthouses.</p><p>Two of the penthouses will span more than 600sq m while eight of the 37 storeys will be for commercial tenants.</p><div id="5G1hWAUkZH7plKiDgU0Vse"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7yIfkyRR77k7mMdQxXCwH6/dd4d2af2ede88737bcc1d5e2373d1cca/ADELAIDE_TOWER_MID.png" alt="Victoria Tower has already been occupied by commercial businesses and more than 60 per cent of the apartments have been sold." data-mce-src="//images.ctfassets.net/8pr762qjocl3/7yIfkyRR77k7mMdQxXCwH6/dd4d2af2ede88737bcc1d5e2373d1cca/ADELAIDE_TOWER_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Work has begon on Victoria Tower in Adelaide.<br><br></span></div></div><p>Facilities for residents include gym, meeting rooms and a communal area, with a florist and cafe on the ground floor.</p><p>Close to the main strip of Adelaide CBD, Victoria Tower is near the Adelaide metro tram line, Victoria Square, Chinatown and the Central Market.</p><p>Auta Group managing director James Guo said Victoria Tower would “help Adelaide stand on its own two feet and become an attractive property market”.</p><p>“This will be another premium lifestyle and business location for the increasing number of people who want to live and work in the Adelaide CBD, which includes people from interstate and overseas,” he said.</p><p>“It will bring additional people into the city who will support local businesses.”</p><div id="3rhqWSBzjHH9eauz7uFpgs"><picture><img src="//images.ctfassets.net/8pr762qjocl3/4fTntmNP4tqjzau4sXPYoJ/266ca5bdfa0a63832c98dce1c09adcf1/Untitled_design__18_.png" alt="A birds-eye view of the $200 million Adelaide residential and commercial build." data-mce-src="//images.ctfassets.net/8pr762qjocl3/4fTntmNP4tqjzau4sXPYoJ/266ca5bdfa0a63832c98dce1c09adcf1/Untitled_design__18_.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ A birds-eye view of the $200 million Adelaide residential and commercial build.<br><br></span></div></div>

Construction is well under-way on one of Adelaide’s “top five developments” as the former nightclub turns into an apartment tower.


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<p>CBD retail vacancies rose in the first half of the year, but it appears to have turned the corner and the rest of the year should be rosier.</p><p>According to CBRE’s H1 CBD Retail Vacancy report, current enquiry levels suggest the market has bottomed out, particularly in Sydney where a relatively quick recovery is anticipated.</p><p>The report said that the national vacancy rate softened from 13.9 per cent in the second half of 2022 to 15 per cent in the first half of this year.</p><p>It was a mixed bag, with vacancy declines in Perth and Adelaide while increases were clocked in Sydney, Brisbane and Melbourne.</p><p>CBRE research analyst Darcy Badgery said that overall vacancy had softened nationally, coming off seasonal highs in 2022’s second half and lower spending, however, rising office occupancy rates and the return of international tourists and students had increased visitation.</p><p>“We’re also seeing a national flight to quality trend, with our latest Live, Work, Shop survey highlighting that 61 per cent of retailers want to increase the quality of their store locations.”</p><p><strong>Retail vacancies, first half 2023</strong></p><div id="4DyESW85v18sboFMPADimZ"><picture><img src="//images.ctfassets.net/8pr762qjocl3/53Fv8cmmbo8WD0gAJLIDzF/626a69b0d74fbfd6b6ec272d997ffa9d/cbre_retail_vacacies_h1_2023.png" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/53Fv8cmmbo8WD0gAJLIDzF/626a69b0d74fbfd6b6ec272d997ffa9d/cbre_retail_vacacies_h1_2023.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;"><sub>▲ Source: CBRE</sub><br><br></span></div></div><p>The biggest 2023 first half vacancy decline of 0.77 per cent was recorded in Adelaide, with a 0.74 per cent tightening in Perth.</p><p>While Melbourne’s vacancy increased by 0.8 per cent, the city now has the lowest vacancy in the country at 10.7 per cent.</p><p>This followed a 2.49 per cent increase in Sydney’s vacancy rate to 10.8 per cent. A vacancy increase was also recorded in Brisbane—1 per cent to 19.5 per cent.</p><p>CBRE Australian Head of Retail Leasing Leif Olson said that although the overall national vacancy rate had increased, based on current enquiry levels “we expect to see vacancies contract across all markets over the next six months”.</p><p>“This is particularly the case in Sydney, with deals pending several large arcade vacancies and strong enquiry from food and beverage, and luxury fashion retailers who are seeking new opportunities.”</p><h2>Sydney</h2><p><br>Despite overall vacancy softening, strip retail vacancy tightened significantly, dropping 3.19 per cent to 6.9 per cent.</p><p>This followed a surge in leasing deals in prime locations to brands including Adidas, NBA and JD Sports and continued activity by luxury retailers seeking to open flagship stores to remain competitive.</p><p>The overall CBD increase was attributable to a 406-basis points vacancy rise in arcade retail space and a 320bps rises in centre vacancies, largely due to tenancies becoming available following the refurbishment of the General Post Office coupled with difficulties in leasing upper-level retail centre tenancies.</p><p>CBRE’s report forecasts that increases in international visitor numbers, returning international students and a growing number of CBD events are expected to continue to boost city visitation and overall retail spending.</p><div id="10uidf9L1r8qqi3BwkIqPH"><picture><img src="//images.ctfassets.net/8pr762qjocl3/2gQRdkSUDCXpHFXH6LlxG2/dc9e5216097d5829911e9cb395b95fbe/1.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/2gQRdkSUDCXpHFXH6LlxG2/dc9e5216097d5829911e9cb395b95fbe/1.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Returning office workers and students are driving a take-up of food outlets in Melbourne.<br><br></span></div></div><h2>Melbourne</h2><p><br>Melbourne’s 2023 first half vacancy softened slightly after the traditional trend of tightening vacancy leading up to the Christmas and holiday period.</p><p>In line with Sydney, the softening was led by centres and arcades, particularly upper-level stores, as retailers gravitated towards prime strip locations.</p><p>CBRE associate director, retail leasing, Jason Orenbuch said that Melbourne’s strip vacancy tightened by 42bps to 10.5 per cent, with takeaway food outlets filling many of the vacancies to meet demand as office occupancy rates rise and international students return.</p><p>“Occupiers in the hospitality sector are also seeking out partially or fully fitted out space in hospitality hotspots such as Flinders Lane and Swanston Street,” Orenbuch said.</p><p>“There was also an uptick in the development of new stores in H1, which will draw new retail additions to the city and help lift CBD visitation.”</p><h2>Brisbane</h2><p><br>Brisbane’s overall CBD vacancy rose 1 per cent to 19.5 per cent primarily due to a rising number of empty shops in the CBD’s shopping centres and arcades.</p><p>Set against this, CBRE associate director, retail leasing, Tanaka Jabangwe said there was high demand from national and international retailers for super prime stores on the city’s retail strips.</p><p>“This was highlighted by Louis Vuitton’s move to a new mall location in the NAB Heritage Building, which is double the size of its previous store in Queens Plaza,” Jabangwe said.</p><div id="44F1WNO5F5zbAtDfBHNRVJ"><picture><img src="//images.ctfassets.net/8pr762qjocl3/MscTKx85pP6NStJR9yXFc/4203545587eb0968ad9057ba582cb42a/Mid_article_resizes__56_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/MscTKx85pP6NStJR9yXFc/4203545587eb0968ad9057ba582cb42a/Mid_article_resizes__56_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Louis Vuitton moved to a new location in the Brisbane CBD, the former NAB building.<br><br></span></div></div><p>“The demand for flagship outlets is being fueled by workers returning to the CBD and a resumption of international tourism, as retailers tap into the continued demand for experience-based, physical stores.”</p><p>Jabangwe said hospitality retailers were also driving demand for strip retail stores to cater to Brisbane’s growing number of inner-city residents. This resulted in a range of new lease commitments in the first half of the year, including Maru Grill at Mary Street, La Boca at Edward Street and Scugzini at Adelaide Street.</p><p>“The city’s vacancy issues are primarily associated with upper-level centre tenancies as retailers gravitate towards strip retail locations,” he said.</p><p>“An example involves Glue moving out of its store above JD Sports on Elizabeth Street to a new mall location early in 2023.”</p><p>Jabangwe said that centre tenancies with street exposure continued to attract demand.</p><div id="1VaQIV63qU66YJUO4cTDhZ"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7EkH8aaBmPpf3ATjDShAGu/aefc00c75dc6251de410d61695c61e9b/Mid_article_resizes__55_.jpg" alt="null" data-mce-src="//images.ctfassets.net/8pr762qjocl3/7EkH8aaBmPpf3ATjDShAGu/aefc00c75dc6251de410d61695c61e9b/Mid_article_resizes__55_.jpg"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Adelaide Arcade in the South Australian capital.<br><br></span></div></div><h2>Adelaide</h2><p><br>Adelaide’s CBD retail vacancy contracted 77bps to 12.4 per cent in the first half of the year after a very significant drop of 371bps in the latter half of 2022.</p><p>CBRE retail leasing executive Scott Chow said activity in the CBD had been heightened by the reintroduction of major events including the Adelaide Festival in March 2023, in addition to a resurgence in travel-related retail expenditure.</p><p>“Demand for retail space on Rundle Mall continues to run high, particularly from luxury retailers, and with space being tightly held we’ve seen interest from high-profile tenants in space around the western end of the mall, which has historically seen high levels of vacancy,” Chow said.</p><p>“This comes off the back of major international brands like Uniqlo opening flagship stores in Adelaide and highlights the ‘flight to quality’ and ‘experiential’ retail trends being evidenced across the country.”</p><p>The vacancy in Adelaide Arcade remained at 0 per cent in 2023’s first half—the lowest rate in the country. A recovery in office worker lunch time spending has also been evident, lifting food retailing activity.</p><h2>Perth</h2><p><br>Perth’s CBD retail vacancy has continued to steadily decline, dropping by 74 basis points in H1 to 25.4 per cent—the lowest level in two years.</p><p>CBRE senior director and WA head of retail Fred Clohessy said retailer/tenant interest and enquiry was re-established in late 2022 when confidence returned in travelling to and from Perth following border closures.</p><p>“This has carried into 2023 and continued to break down the CBD’s high retail vacancy rate,” Clohessy said, noting that the strip retail vacancy rate dropped 31bps to 25.4 per cent.</p><p>“The addition of retailers such as Sunglass Hut and Peter Jackson on the Hay Street Mall have helped to reduce the city’s strip retail vacancy rate, with Murray Street Mall continuing to be tightly held.</p><p>“Demand for prime space from luxury brands is having a positive effect on rents and future vacancy levels. However, rents are still correcting on Hay Street Mall and in secondary locations where vacancy is concentrated, and higher incentives are being sought by retailers.”</p><p>CBRE’s report also highlighted that Perth’s high office occupancy levels post-Covid had increased demand for lunch and dinner venues in sections of the CBD.</p><p>Clohessy said the return of events, tourism international students and WA’s strong economic climate provided a continued base for further vacancy declines over the remainder 2023.</p>

CBD vacancies rose during the first half of the year, but things are looking rosier for the rest of 2023, according to the latest data…

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<p>Demand for office space is dropping into negative territory as an uptick in new supply skews the latest results from the Property Council of Australia.</p><p>Vacancy rates increased from 12.6 per cent to 12.8 per cent nationally, however this was a better result than non-CBD areas which increased from 15.2 per cent to 17.3 per cent in the six months to July.</p><p>Supply had a large impact on the results, and has exceeded the historical average in metro areas in five of the past seven reports, confounded by flexible working models, the report said.&nbsp;</p><p>Even more office space is expected to become available in the second half of 2023 before new projects ease up giving a more positive outlook for the office market beyond 2025. &nbsp;</p><p><strong>PCA office vacancies: first half of 2023&nbsp;</strong></p><table style="width: 100%; font-family: Panton-Bold, Helvetica, Arial, sans-serif; font-size: 14px; color: rgba(0, 0, 0, 0.87); border: unset;" border="1" data-mce-style="width: 100%; font-family: Panton-Bold, Helvetica, Arial, sans-serif; font-size: 14px; color: rgba(0, 0, 0, 0.87); border: unset;"><tbody><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Location</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">January 2023</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">July 2023</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">National</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">12.6</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">12.8</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Sydney</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">11.3</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">11.5</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Melbourne</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">14.1</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">15</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Brisbane</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">12.9</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">11.6</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Adelaide</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">16.1</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">17</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Canberra</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">8.9</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">8.2</td></tr><tr><td style="width: 33.1614%;" data-mce-style="width: 33.1614%;">Perth</td><td style="width: 33.6715%;" data-mce-style="width: 33.6715%;">15.7</td><td style="width: 33.1672%;" data-mce-style="width: 33.1672%;">15.9</td></tr></tbody></table><p><sup>^July 2023 PCA Office Market Report<br><br></sup></p><p>Property Council chief executive Mike Zorbas said demand remained strong in four of the six capital cities captured in the survey, but it had subsided across the big two.</p><p>“Sydney and Melbourne experienced slight vacancy rate increases with more than 200,000sq m of new office space planned in the next three years,” Zorbas said.</p><p>“However, pre-commitment rates are lower than Brisbane, with only 42 per cent in Sydney and 17.4 per cent in Melbourne already secured by tenants.”</p><p>Colliers Victoria head of office leasing Andrew Beasley said they expected an improvement in the demand-supply balance during the coming 6 to 12 months.</p><p>“This is supported by the number of leases struck in the first half of this year, which is 27 per cent higher than the first half of 2022,” Beasley said.</p><p>“We also had stronger enquiry levels than previous years, particularly now at the larger end of the market—more than 5000 square metres.”</p><p>JLL NSW head of office leasing Will Hamilton said they were seeing good levels of face rental growth, particularly in high rise rents in premium and better A-grade assets.</p><p>“There will be a low of office development activity this year with only around 11,000 sqm of office stock projected to complete,” Hamilton said.</p><p>“While a larger supply wave is anticipated to hit the market next year, 63 per cent is already committed. Beyond that, the next office development is scheduled to complete in 2027.”</p>

Demand for office space is dropping into negative territory as an uptick in new supply skews the latest results from the Property Council of Australia.

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<p>A 12-storey residential tower that includes affordable housing in Glenelg has won approval.</p><p>Taplin Group, which is based in the seaside suburb 11km south-east of the South Australian capital’s CBD, is behind the 12-storey project comprising 77 apartments, of which 20 will be affordable housing units.</p><p>The project to rise at 13 Colley Terrace will have a mix of one, two, three and four-bedroom apartments.</p><p>Developer Taplin Group appointed Stallard Meek Flightpath Architects&nbsp;to design the tower.</p><p>The approved project will have a basement level with 33 car parks plus 44 car parks on the ground and first floor.&nbsp;</p><p>Existing tourist accommodation on the site would be demolished to make way for the tower.</p><p>Work on Taplin’s nearby $50-million Colley Terrace Hotel, a five-star hotel also in Glenelg is well under way.</p><p>The seven-storey hotel will feature retail and a rooftop bar with views of St Vincent Gulf and Adelaide Hills.</p>

A developer in Glenelg, South Australia was granted planning approval to make way for a multi-residential building with affordable housing.


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<p>The Salter Brothers splashed $154 million on Adelaide’s first five-star hotel in 30 years following the Palumbo family’s exit.&nbsp;</p><p>The hotel in Adelaide’s CBD, at 108 Currie Street, comprises 251 rooms in the lower half of a 32-storey tower, with eight levels of residential apartments above.</p><p>CBRE Hotels and Savills handled the sale on behalf of developers Palumbo.</p><p>CBRE Hotels managing director Michael Simpson said selling the Sofitel set a benchmark for the luxury hotel market in Adelaide and chalked up a record for the CBD.&nbsp;</p><p>“We have also moved in on Waldorf Astoria Sydney, Novotel and Ibis Melbourne Central and the Sofitel Brisbane, which together exceed $1.2 billion,” Simpson said.&nbsp;</p><p>“The sale of the Sofitel Adelaide represents Adelaide’s most significant single asset hotel transaction. The developers, who were the vendors in this transaction, literally poured their heart and soul into delivering what is arguably the best internationally branded luxury hotel in Adelaide.”</p><p>Savills Director Nick Lower said there was confidence in not only Adelaide’s hotel market but also its hospitality industry.</p><div id="1oFLDnMge2j00UxnvdnQd6"><picture><img src="//images.ctfassets.net/8pr762qjocl3/7HNbXoQjxL0GNWbYxqPY3C/13425be9ed27d8d538dbc4126752e569/Inside_luminesque_apartments_-_MID.png" alt="Inside the Luminesque apartments that occupy the top eight levels." data-mce-src="//images.ctfassets.net/8pr762qjocl3/7HNbXoQjxL0GNWbYxqPY3C/13425be9ed27d8d538dbc4126752e569/Inside_luminesque_apartments_-_MID.png"></picture><div><span style="opacity: 0.8;" data-mce-style="opacity: 0.8;">▲ Inside the Luminesque apartments that occupy the top eight levels. </span></div></div><p><br></p><p>“The high price per key showcases the value placed on the property, emphasising its distinction in the market and the confidence now being seen in the Adelaide market,” Lower said.</p><p>The opening of the Sofitel in 2021 was the first high-end branded hotel since the Intercontinental opened in Adelaide 30 years ago.</p><p>Accor Group operates the hotel with an indoor swimming pool, French restaurant Garcon Bleu, health and wellness offerings, an executive club lounge and briefly dived into the <a data-mce-href="https://www.theurbandeveloper.com/articles/workspitality-hotels-workplace-transformation" href="https://www.theurbandeveloper.com/articles/workspitality-hotels-workplace-transformation" target="_blank" rel="noopener">‘workspitality’ space </a>by adding meeting rooms for commercial use.&nbsp;</p><p>Salter Brothers managing director Paul Salter said the luxury hotel market was one of Australia’s most robust markets.</p><p>“We are extremely pleased to acquire this quality institutional luxury hotel asset,” Salter said.&nbsp;</p><p>The Salter Brothers picked up the asset after Palumbo reportedly received unsolicited offers. <em>The Urban Developer</em> understands there were price expectations of about $160 million.&nbsp;</p><p>It represents a move away from the Salter Brothers Sydney heartland and a South Australian expansion.&nbsp;</p>

The Salter Brothers splashed $154 million on Adelaide’s first five-star hotel in 30 years following the Palumbo family’s exit…

SOUTH AUSTRALIA