Adelaide Central Plaza reveals 31-storey office tower plans
An office tower will rise on the North Terrace-facing side of Adelaide Central Plaza as part of $260 million plans proposed by the building’s owner. See the renders.
The northern third of the Adelaide Central Plaza site in the Adelaide CBD will be demolished and replaced by a 31-storey, $260 million mixed-use commercial office building under a proposal by the building’s owner Precision Group.
As revealed yesterday by InDaily, Precision Group applied earlier this week to partially demolish Adelaide Central Plaza – anchored by department store David Jones – and build a multi-level mixed-use building.
Precision Group then unveiled its plans for the 132-metre-tall mixed-use commercial office building on the northern third of the Adelaide Central Plaza site.
The development site is located on the south side of North Terrace, and the proposal includes 31 storeys above ground (plus two below ground).
The built form comprises a six-storey tall building base, a two-storey tall “recessive transition element” and a 23-storey upper tower form.
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A lower ground/upper basement floor will see Adelaide Central Plaza expand on the existing food court, while the ground floor will include a commercial lobby, lounge, café/retail tenancy and entry to the retail portion of the centre.
A new food and beverage precinct will take shape on level 2, while level 3 will be a new retail area and level 4 will have end of trip and wellness facilities.
From level 5 and up, Precision Group will build new office spaces designed to satisfy sustainability requirements to qualify within the “premium commercial office category”.
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Precision Group said sustainability measures formed a “critical part of design considerations and will impact the architectural position,” given the high demand for premium commercial spaces in Adelaide.
“We have the potential to make a significant contribution to Adelaide’s remarkable transformation, in positioning itself as a rising star in Australia’s economic landscape,” Precision Group CEO and managing director Shaun Bonett said.
“We are focused on how we can create substantial long-term growth for the group by adding density to our large and uniquely located strategic holding.”
Precision Group’s proposal is set to be reviewed by the State Planning Commission.
The proposal follows the Adelaide City Council’s $5.92 million redevelopment of Adelaide Central Plaza-adjacent Charles Street, which only recently reopened to pedestrians in March.
Precision Group’s proposed development will likely see further disruption on Charles Street, which went car-free as part of the renovation.
When the Charles Street upgrade was first announced, there were concerns about the works disadvantaging local businesses.
Mitico coffee shop located on Charles Street shared on their Instagram last year that it was receiving questions every day about the upgrades, hearing from customers “it looks like you’re closed”.