LATEST NEWS & UPDATES
Congratulations to TRIMS owner Peta Thompson
Ten years ago Trims relocated to a new store at 430 King William Street. The store had been operating in the CBD for 85 years but received a new lease of life when Peta Thompson purchased it in 2013 and moved to the new location along King William Street. Peta had been a dedicated employee for 23 years before she purchased it. Many customers receive a great surprise when they find the new store.
Source: Patrick McDonald The Advertiser
New restaurant is classic European
Pirie Street welcomes a new bistro that features classic European dishes that will attract a discerning audience. The team behind two well recognised establishments in Leigh Street and Peel Street – Pink Moon Saloon and Clever Little Tailor are behind the new venture called LongPlay Bistro. Lunch is available Wednesday to Friday and dinner Wednesday to Saturday.
Source: Antimo Iannella The Advertiser
Pirie Street welcomes Olive
Pirie Street is home to another first class eatery opened by Callum Hann ad Themis Chryssidis. Olive is located on the corner of Pirie Street and Chesser Street where Gaja by Sashi was located. The menu features big flavours, generous share plates and all day dining. Pirie Street is fast becoming the new hot bed for restaurants in the CBD.
Source: Antimo Iannella The Advertiser
Adelaide Arcade leads the way
Vacancy level drops to an all time low
The Advertiser recently reported that the CBD showed a reduction in retail vacancies according to a CBRE CBD Retail Vacancy Report. Adelaide Arcade has always targeted unique independent small businesses and this positions the arcade as a diverse, authentic business mix that attracts shoppers, tourists, visitors and workers. Andrew Jonats is very pleased with the quality of businesses they have been able to attract over the past twelve months.
SOURCE: The Advertiser Business pages
RM Williams arrives in Rundle Mall - what a legend!
Congratulations to RM Williams on the opening of their new flagship store in Rundle Place on Rundle Mall. The new store joins a significant list of 65 Australian stores, 3 in New Zealand, 3 in the United States and 3 in the UK and 900 stockists across the world. Established in Australia in 1932 R.M.Williams has become one of the best-known – and best-loved – footwear brands in the world. Originally built for the men and women of the rugged, unforgiving Australian outback, our iconic one-piece-leather boots have gone on to grace the feet of millions of people, including some of the most famous on the planet.
City streets receive welcome cash injection
Hindley Street, Gouger Street, O’Connell Street, Melbourne Street and Hutt Street will receive a cash injection for street design and upgrade works over the next 4 years. Over $100 million will be set aside for these important projects to enhance the City mainstreets.
SOURCE: The Advertiser – Miles Kemp
Spendless Shoes new flagship store in Rundle Mall is now open for business
Congratulations to the Spendless team on the opening of their new Rundle Mall flagship store after 25 years in James Place. Spendless COO Jaimee Charlton is very excited about the completely new look that is consistent with a new company brand. Retail Adelaide City were very impressed with the bright new store. Well done!
Henry Bucks opens in Gawler Place
Henry Bucks has opened a new store near the corner of Gawler Place and Grenfell Street. The beautifully appointed store offers a great range of men's clothing and accessories for their discerning customers. The store demonstrates Henry Bucks confidence in the Adelaide market. Retail Adelaide City visited the store recently and we were very impressed with the range of product on display and the presentation.
Centralisation of suburban office tenants is providing a benefit to the CBD
JLL research confirms a shift to the City
The significant number of new developments in the City are adding some first class office space and there is more to come. Charter Hall’s new 60 King William Street development is almost 100% leased and the impressive new Walker Corporation tower overlooking the Festival Plaza is more than 60% leased. Mott McDonald, Lutheran Homes Group and the RAA have all taken extra space in the CBD.
SOURCE: The Advertiser Guiseppe Tauriello
City skyline continues to change
Great to see the City skyline changing with new significant developments that are shaping the City. The Charter Hall development on King William Street looks fabulous and the Walker Tower at the Festival Plaza Riverbank location has definitely changed the view from across the Torrens River Oval Stadium bridge.
CBD mainstreets bounce back
CBD mainstreets are filling up fast. The Adelaide Economic Development Agency has reported an amazing recovery for the CBD mainstreets including Rundle Street, Hutt Street, O’Connell Street and Hindley Street averaging an occupancy level of 90%. The return of city workers to the CBD (estimated at 80%) is the highest in the country. Tourists are coming back and students have returned to the CBD university campuses boosting foot traffic. The line up of key events coming over the next few months including the AFL Gather Round will only boost shopping and dining in the city even more.
SOURCE: The Advertiser – Miles Kemp
Myer Centre facelift
Works commence in April
The Myer Centre in Rundle Mall is about to receive a facelift. The new modern facade has been designed by Stallard Meek Flightpath Architects will transform the look of the Myer Centre building. Specialised lighting will be used to project a new fresh look.
SOURCE: The Advertiser Todd Lewis
Rundle Place to develop a new hospitality and entertainment offer for Rundle Mall
Rundle Place in Adelaide’s Rundle Mall precinct is receiving a makeover that will boost the day and night time restaurant/entertainment offer in the heart of the CBD. A 1500sqm dining precinct on level 1 will feature up to seven restaurants and bars will the first of its kind in South Australia. The centre is owned by the Fortius Funds Management and the Irongate Group.
Source: Advertiser – Cameron England
Festival Tower tops 115m mark
The newest skyscraper in the CBD is the Festival Tower next to the Skycity Casino and the Festival Centre overlooking the river Torrens and the Adelaide Oval Stadium. Walker Corporation’s 29 storey tower is almost full of new office tenants including Deloitte, Flinders University, Mott MacDonald and VALO. The tower is the latest addition to Adelaide’s growing CBD skyline.
SOURCE: The Advertiser – Evangeline Polymeneas
Adelaide Central Market development to offer an additional 21 apartments and more office space
Project to begin within months
The $400m Central Market development has made some design changes that will provide additional residential and commercial space . The new development in the South West Quarter of the city is expected to provide a significant boost for hospitality and retail businesses in Gouger Street, Grote Street, Adelaide Central Market Traders and the many side-streets and laneways in the area. The Chair of the Adelaide Central Market Board Theo Maras is excited about the opportunity to appeal to a new generation of shoppers and residents.
SOURCE: The Advertiser BUSINESS JOURNAL
Adelaide City skyline takes shape
Major projects across the City are starting to shape the skyline. In almost every Quarter of the City a new development is taking place that will have a very positive impact on all of the surrounding businesses. Projects include the Eighty Eight O’Connell in North Adelaide, Market Square in the Central Market Precinct, 60 King William next to Rundle Mall and the Festival Plaza Tower complex plus a raft of hotels and other significant buildings.
SOURCE: The Advertiser – Giuseppe Tauriello and Erin Jones
Adelaide's CBD leads retail resurgence
Mainstreet vacancies lowest since 2017
Inner city retail precincts are leading the charge towards a retail recovery with vacancy levels dropping sharply according to a JLL Report. Rundle Street, Hindley Street and O’Connell Street all recorded reduced levels of vacant shops. The return of corporate workers back into their City offices was driving positive change and new shop openings.
SOURCE: The Advertiser BUSINESS JOURNAL
60 King William almost fully leased
Charter Hall’s development at 60 King William Street is almost fully leased following the signing of NAB alongside Telstra and Services SA. The stunning development is on the old Southern Cross Shopping Centre site that links to James Place. The City Cross Shopping Centre adjacent is also undergoing a refurbishment to refresh and modernise it. These improvements all add to the positive signs for the Rundle Mall precinct.
Source: The Advertiser – Giuseppe Tauriello
City hotel winners - congratulations
Eos by SkyCity - Best Overall winner for accommodation
Adelaide CBD Hotels have taken out 12 Awards in the SA Hotel Industry Awards
- Eos by SkyCity – overall accommodation, deluxe category, outdoor facility, environmental & energy efficiency
- Malt Shovel Taphouse – Draught Beer quality
- 2KW Bar & Restaurant – restaurant, outdoor facility
- Sofitel Adelaide – restaurant
- Ibis Adelaide – mid-range accommodation
- Adelaide Oval – marketing & events – Events Venue
- Mayfair Hotel – marketing & promotion
- HOTEL INDUSTRY RISING STAR – Meg Anderson Eos SkyCity (joint winner)
SOURCE: aha l sa
Adelaide CBD outperforms other Cities
The Adelaide CBD has rebounded out of the pandemic more strongly than other Australian Cities with increases in City visitation on weekends and in the evening. Consultants DSpark used a range of data points including mobile phone towers, public transport data and road network data to analyse the visitation numbers to the City. Arts and entertainment activities had a positive impact on the result. The tourism and hospitality sectors have rebounded on the increased traffic. The Sunday Mail released the details of this very positive story on Sunday 16th October.
Source: Sunday Mail – Brad Crouch
Workers return to the CBD
The Property Council has reported that Adelaide City has the highest number of city workers back in their CBD offices sitting at 78% which is ahead of Sydney 52% and Melbourne 41%. The positive results bode well for new office towers currently under construction in King William Street, Festival Plaza plus small CBD developments.
Source: Property Council
Lockheed Martin open second City office
The new office is located in Pirie Street includes research facilities and caters for 100 workers. Scientists and engineers work side by side developing new technology in a range of high-tech fields. Lockheed Martin employ over 500 South Australians,
Source: The Advertiser (Gabriel Polychronus)
Strong demand for CBD Offices
Office vacancies fall to only 14%
South Australia was one of two States that reported an improvement in Office vacancy levels for the past six months. Office workers are back in the City and the Property Council reports that more than 70% have returned. Significant amounts of A grade office space will be introduced to the market over the next two-three years as the CBus Property in Pirie Street, Walker Corporation Festival Plaza and Charter Hall’s 60 King William Street developments are completed.
SOURCE: Advertiser Business Journal
City retailers are back
City retailers all over the world have been impacted by the pandemic but now there are signs of a very strong return with vacancy levels decreasing in the City mainstreets. Leading the charge is Rundle Street followed by good results in Gouger Street, Melbourne Street and O’Connell Street. The Illuminate lighting festival in the East End and many other street activities have bolstered demand for retail tenancies. The outlook continues to be positive for the City centre.
Source: The Advertiser – Giussepe Tauriello
City restaurants star in Delicious 100
City restaurants feature strongly in the Advertiser Delicious 100 that showcases the top restaurants in SA. Included in the Top 50 are:
1. Restaurant Botanic in the Botanic Gardens
3. Fugazzi in Leigh Street
4. Press in Waymouth Street
6. Aurora in Light Square
10. Fino Vino 82 Flinders Street
15. Africola in East Terrace
16. Shobosho 17 Leigh Street
19. Eleven at 11 Waymouth Street
20. Fishbank King William Street/North Terrace
24. Peel Street at 9 Peel Street
27. SOI 38 at 74 Pirie Street
28. Herringbone Halifax Street
29. Osteria Oggi 76 Pirie Street
35. Leigh Street Wine Room in Leigh Street
43. Georges on Waymouth at 20 Waymouth Street
44. Golden Boy 309 North Terrace
47. 2KW Bar & Restaurant at 2 King William Street
49. Chianti 160 Hutt Street
Congratulations to these wonderful restaurants that are still delivering wonderful experiences for all of their customers.
SOURCE: The Advertiser
$1.25bn Mixed-use precinct planned for Grote Street
A mixed use precinct including a Five-Star hotel, 750 apartments and a public plaza will be developed between Grote Street, Gouger Street and Blenheim Street adding new life to the City West and South West Quarters. The site was previously used by Australia Post to service the city and surrounds. Plans include 15,000 square metres of retail and commercial space. Kennards will repurpose the existing building.
Source: Advertiser – Cameron England June 2022
Student accommodation tower opens in the City East Quarter
One of the largest towers in Adelaide will accommodate 725 students as they return post-Covid. The building is an operating partner of Global Student Accommodation. Students form a valuable sector in the fabric of the city as they provide new energy and connections with Australian and overseas families. The city will soon see the return of overseas tourists that will bolster foot traffic that supports businesses.
Source: The Advertiser – Michelle Etheridge June 2022
French patisserie opens in Adelaide Arcade
Cielo Tea Rooms have opened in Adelaide Arcade. Pastry chef Chaveli Goya has been welcomed into the Arcade ‘family’ of businesses and customers have been lining up for the home-made pastries, French treats and croissants – all baked fresh in-house. Chaveli combines her Chilean heritage with European style cooking. What a fabulous addition to this unique historic arcade .
Source: City Mag June 2022
Daisy Says fashion brand arrives in Rundle Street
Rayna Hooper has just opened a brand new boutique in the East End of Adelaide city. The brand has stockists across Australia and the US. The brand caters for young women 18-35 and the fashion pieces are designed by two South Australian fashion graduates. The East End is celebrating thirty years success and the many new brands locating there have driven the vacancy rate down.
Source: The Advertiser
Flagship sports stores in Rundle Mall
REBEL has just opened a magnificent three-level sports store with special interactive zones for customers and keen focus on digital innovation. The store has a definite WOW factor and is a must-see destination. A complete sports zone is being created in the Mall with NIKE already established next to the new REBEL store and JD SPORTS new flagship store opening across the Mall. Exciting stuff! The Advertiser journalist Giuseppe Tauriello captured the story in the Advertiser and I visited the store yesterday.
Source: The Advertiser – Cameron England
State's largest book store opens
Dymocks have opened a brand new store on Level 1 Regent Arcade
Dymocks have spent close to $1.5m refurbishing Level 1 of Regent Arcade in Rundle Mall for their brand new store. The Advertiser ran an article recently that referred to Mandy Macky who was franchisee for Dymocks in the Mall for 30 years. Take the escalator up from Rundle Mall to this exciting new destination.
Developments boost retail & hospitality
Adelaide CBD retail and hospitality businesses will benefit from the significant wave of new investment in apartment buildings, office towers, hotels and retail developments completed or in the pipeline according to David West, the director of Retail Adelaide City. The city skyline has been transformed by new developments and it will continue to change as projects are completed. Read the whole story below.
SOURCE: Retail Adelaide City – Inside Retail
SOURCE: Retail Adelaide City – Inside Retail
Entrepreneur Centre secures Commonwealth Bank
150 technology specialists will arrive at Lot Fourteen when the Commonwealth Bank moves into the 16 storey Entrepreneur and Innovation Centre (EIC) at Adelaide’s Lot Fourteen on North Terrace. The Innovation Hub, an Adelaide City Deal project, will be placed geographically and symbolically at the centre of Lot Fourteen’s burgeoning innovation district in the City East Quarter close to Rundle Street.
Source: The Advertiser – Cameron England
Multiplex appointed
The Central Market Arcade Development by ICD and the City of Adelaide took a major step forward with the appointment of the Multiplex Group as the builder of this significant project in the South West Quarter of the City. Demand for retail space has increased in Gouger Streets and sidestreets like Wright Street, Compton Street and Witcombe Street.
Source: InDaily
88 O'Connell development gets the green light
Congratulations to Commercial & General and the City of Adelaide for jumping the final hurdle to allow this transformational project to go ahead this year. The visual impact of a large vacant block of land in the centre of the main street was not a good look but now building and construction can commence and new opportunities will open up for retail, hospitality, fitness studios and commercial offices. North Adelaide is back on the shopping and dining scene with a vengeance.
SOURCE: Advertiser Colin James
Lounge Lovers loving the City West Quarter
Lounge Lovers located in Morphett Street in the City West Quarter have enjoyed a very successful 2021 and have now opened a warehouse in South Australia to support next day delivery. Source: InDaily December 2021
UNIQLO in the City
Very exciting news that UNIQLO will open a new store in 2022 in the Myer Centre in the Heart of Rundle Mall. The store be located on the ground floor with easy access for Mall shoppers. Dedicated UNIQLO customers will be delighted about the new arrival.
Source: The Advertiser December 1
Strong demand for City apartments
160+ new apartments sold off the plan
The new Central Market Arcade development apartments are in demand. More people want to live in the City and with new apartment developments going up they are finding the style and quality they want. The Adelaide Central Market Arcade development is one of many new residential hot spots in the City.
SOURCE: Advertiser – Colin James