LATEST NEWS & UPDATES
400 new jobs in the East End
The Entrepreneur and Innovation Centre at LOT FOURTEEN has reached a major milestone with the announcement that Quintessential Equity will deliver the project. The $400 million project will consist of a striking state of the art 16 storey, 35,000 square metre building on North Terrace
Source: The Advertiser March 2021
Australian Fashion Labels are back!
The newly appointed Chief Entrepreneur has led a group of investors in reviving Australian Fashion Labels and supporting the fashion industry in South Australia. This is very exciting news for the City and the State.
Source: The Advertiser (Cameron England) February 2021.
Rundle Street welcomes an acclaimed chef
Jesse Singh an acclaimed New York chef has opened Daughter in Law restaurant on Rundle Street. South Australia was the place to be in a post-pandemic world. Bhatia Dheeraj (formerly Penfolds Magill Estate & Raffles Singapore) is joining Jesse in this new and exciting venture.
Source: The Advertiser (Antimo Iannella) February 2021.
It's time for the Le Cornu site to blossom
An excellent article in today’s Advertiser about creating a new community hub on the previously vacant block of land that was once a Le Cornu building for those who can remember. At Retail Adelaide City we believe this could be a major turning point for North Adelaide and O’Connell Street. The development includes shopping, dining, services, commercial and residential components. The development provides many opportunities and Jamie McClurg from Commercial and General said it was vital for the future of North Adelaide for the Le Cornu site to be given new life. The recent sale of North Adelaide Village to new owners will also provide new opportunities as new businesses set up shop alongside the legendary Romeo’s Foodland, Metropolitan Fresh, Goodlife Gym, Pippo Cafe and many other small specialty shops.
SOURCE: The Advertiser (Colin James) March 8 2021.
Good news
The ongoing development of the Elders House building on Currie Street in the City West Quarter is very exciting. The Acure Asset Management Group have created a new arcade link through to Anster Street on the edge of Council’s Topham Mall. The fabulous Meat & Wine Co is now open and three tenancies are available close by. Source: The Advertiser Guiseppe Tauriello February 23.
More opportunities
The SANTOS building in Flinders Street has undergone a transformation which provides ground floor leasing opportunities for food and beverage operators. Indoor and outdoor space is available with a 145sqm restaurant lease. Contact Julia Pottenger at CBRE to make an enquiry for this newly developed opportunity.
Source: The Advertiser Business Journal February 23.
Hotel Industry Award Winners
A special mention for the East End Cellars (2 awards), 2KW Rooftop Bar, Duke of Brunswick (Gilbert Street), The National Wine Centre, Paloma Bar and Pantry (Peel Street), Chef of the Year – Kevin Martel (The Playford), Employee Excellence in Service – Jane Heywood (Sage Hotel South Terrace) and Hotel Industry Rising Star – Ben Rogers (National Wine Centre).
Source: In Daily February 8
New beginnings for City Cross and North Adelaide Village
Two of Adelaide City prominent shopping centres have been sold to new investors. City Cross in the heart of Rundle Mall has been purchased by the Sydney property group Revelop and North Adelaide Village on O’Connell Street North Adelaide was purchased by Greenpool Capital.
Source: Shopping Centre News – February 1, 2021
Masterchef expands his City offer
Masterchef winner Sashi Cheliah has expanded his food offering to a second location in Waymouth Street’s Arbor Lane opposite popular Masterchef contestant Callum Hann. Gaja Express will offer takeaway -friendly fare.
SOURCE: Sunday Mail (Jessica Gately) January 31 2021.
Congratulations!
Congratulations go to the RCP Adelaide Project Management Team for winning an Outstanding Achievement Award for their delivery of the $250m GPO Exchange development on Franklin Street in the City West Quarter. RCP also won a National Professional Excellence in Building Award for the same project. An outstanding effort!
Snippets
A very small bar! Small bars have taken the City by storm but the Unico Go small bar in the East End with just 5 seats could Be Australia’s smallest.
Source: The Advertiser.
$400m Central Market Arcade Development Approved
The $400m Central Market Arcade Development has been approved by the State Commission Assessment Panel. The City of Adelaide has partnered with ICD Property to deliver the retail, residential and commercial project commencing in 2021. This is very exciting news for businesses in the City South West Quarter including Gouger Street restaurants and Adelaide Central Market Traders as it will give the area a major boost.
SOURCE: Glam Adelaide January 28th 2021
Developers invest in Adelaide City
A fabulous article in the Advertiser today by Renato Castello captures details of development projects lodged with Council and the State Commission Assessment Panel over the past 12 months. In total 964 project applications worth more than $1.3bn were lodged including extension approvals. Recent projects completed include the SkyCity Casino, Hotel Indigo and Wingfold Tower with the 32 storey Sofitel Hotel well underway.
Source: The Advertiser – January 11, 2021
New $250m North Adelaide Development announced
Commercial and General have been announced as the developers to breathe new life into North Adelaide with the delivery of the ‘Eighty Eight O’Connell’ project opposite North Adelaide Village. The development will feature residential and commercial components with three towers reaching up to 15 storeys high. Colliers have been appointed as leasing agents.
SOURCE: The Advertiser December 17th 2020
Adelaide City - Economic Agency Formed
Eminent South Australian business leader Nikki Govan has been appointed as the inaugural chairperson of the ‘Adelaide Economic Development Agency’ (AEDA) for the next three years.
AEDA has been established by the City of Adelaide as a subsidiary to focus on growing a strong economy for Adelaide. Ms Govan, along with Board Members, will set the strategic direction for delivering a range of initiatives to improve economic outcomes and a new growth agenda for the City of Adelaide.
Source: City of Adelaide Website – November 26, 2020
New Restaurant / Bar to Open
Exciting news for the City West Quarter. Extra Chicken Salt will open as a two level restaurant on the corner of Peel Street and Currie Street near many other successful eateries including Peel Street Cafe, Shobo Shobo, Gondola Gondola and Bread & Bone. On Thursday, Friday and Saturday nights the restaurant will become a bar.
Source: Broadsheet Adelaide – November 19 2020
Australia's Most Liveable City
Living in Adelaide provides residents with an enviable lifestyle. The ABC News recently reported that Adelaide had jumped up the ranks to become Australia’s most liveable City. Covid has changed how people prioritise their work/life balance and Adelaide holds the top position in a new National survey.
Source: ABC News – November 9 2020
Lion Hotel gets a 'Makeover'
Source: The Advertiser – October 31 2020
Major Milestone Reached
SOURCE: City of Adelaide October 29 2020
Award Winning Designs
SOURCE: The Advertiser – October 27 2020
'Fishbank Restaurant' opens in former Jamie Italian Site
Exciting news! The former Jamie Italian restaurant on the corner of North Terrace and King William Street will reopen as the FISHBANK on Friday 16th October. The ground floor restaurant will be open for lunch and dinner.
SOURCE: The Advertiser October 13th 2020
New Tom's Court Hotel
Leasing Opportunity*A cafe/bar operator for the Tom’s Court hotel/apartments is needed for the provision of in-room dining for guests.
SOURCE: The Advertiser October 13th 2020
New Penny Place Apartment Block
Leasing Opportunity* there is an opportunity for a ground floor retail outlet.
SOURCE: The Advertiser October 13th 2020
Successful Opening in Pirie Street
SOURCE: The Advertiser September 29th 2020
Arbor Lane by Charter Hall
Arbor Lane is a fabulous new development just off Waymouth Street in the City West Quarter. The Sprout Team – Callum Hann & Themis Chryssidis will open a fabulous new modern Australian restaurant ‘ELEVEN’ there in 2021. The menu will feature South Australia’s best produce. The deal was negotiated by Julia Pottenger CBRE. SOURCE: The Advertiser Sept 20.
SOURCE: The Advertiser September 12th 2020
WellCity Adelaide Development
A new $200m development by 1835 Capital is located between Hindley Street, North Terrace and Morphett Street behind the Trinity Church in the City West Quarter opposite the Adelaide Convention Centre. The 15 storey building will be a health, medical and research centre will accommodate 3,000 staff.
The Advertiser
The City is buzzing with excitement about the new 5 star French inspired SOFITEL Hotel on Currie Street in the City West Quarter. The hotel is conveniently located near the Adelaide Convention Centre, Skycity Casino and the Adelaide Oval Stadium. The Sofitel joins Adelaide’s tallest building, the new 326 room Crowne Plaza in the City East Quarter.
SOURCE: The Advertiser August 20 2020
August 16,
2020
Haigh’s Chocolates
Haigh’s Chocolates recently released a new range called ‘The Collaboration’ that combines the wonderful flavours of gin and chocolate. Haigh’s Chocolate stores are located on King William Street, Adelaide Arcade and Adelaide Central Market.
August 10, 2020
The Advertiser
New to Adelaide City is a highly skilled jewellery designer. Adelaide born Giacomo Ciufoli has enjoyed success on an international stage and now he has returned home to provide his design creations to South Australians. The largest selection of quality design jewellery is available in the heart of the City.
July 29, 2020
Fortius Fund
Rundle Place in Rundle Mall was recently purchased for $215m by the Fortius Funds Management Group. The beautifully designed shopping centre that faces Rundle Mall and Grenfell Street offers a Coles supermarket, a food court and some excellent brands including Country Road, Oxford, Trenery, Ted Baker, Aquila, Politix, Kookai, Peter Jackson and L’Occitane. Leasing opportunities are available.
Adelaide Now
New upgrades and renewal for City businesses. The Rob Roy Hotel in Halifax has been refreshed by Frank Vounassis and his staff and the well-known Strathmore Hotel in North Terrace has also had a facelift by the owner David Basheer.
Retail and Hospitality opportunities in Hutt Street Makeover
Hutt Street in Adelaide City’s South East Quarter is in line for a very special makeover that will create new retail and hospitality opportunities. A “European-style” bike path, improved lighting and art features could unlock millions of dollars in private investment. Adelaide City Council plans to embark on a master planning process to redesign and support important CBD retail strips. Deputy Lord Mayor Alex Hyde said Council has released a “vision statement” and said the precinct will benefit from the new makeover. Source The Advertiser.
Great news for Leigh Street
Master Chef Laura Sharrad and her husband Max are setting up Fugazzi’s Bar and Dining Room in the old Rigoni’s Restaurant in Leigh Street. Great news!
Source: The Advertiser
