The state’s top planners have made a final call on razing part of a landmark retail building so a high-rise redevelopment can rise from the rubble. See pictures of the swanky new building set to overlook the mall’s balls.
Newly released minutes have revealed the State Commission Assessment Panel granted planning consent this week for northern sections of the Adelaide Central Plaza in Rundle Mall – home to department store David Jones – to be knocked over.
The northern third of the Adelaide Central Plaza site, including high-end jewellery store Tiffany’s in the Adelaide CBD, was now expected to 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.
Precision Group plans to build a 132-metre-tall mixed-use commercial office building on the northern third of the Adelaide Central Plaza site – with the CEO of Adelaide Central Plaza previously saying the new build would target high-end retail tenants.
The development site is located on the south side of North Terrace, and the proposal includes 31 storeys above ground (plus two below ground).
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 five and up, Precision Group will build new office spaces designed to satisfy sustainability requirements to qualify within the “premium commercial office category”.
The proposal was lodged in May, following the Adelaide City Council’s $5.92 million redevelopment of Adelaide Central Plaza-adjacent Charles Street, which only reopened to pedestrians in March.
The project will join the $30 million CBD office tower on King William Street that opened in November 2024, and the forthcoming second Festival Tower from Walker Corporation.