Tall & Urban News

A three-tower, mixed-use residential development proposed for the former Le Cornu site in Adelaide has been given the green light.

Adelaide City Council acquired the site at 88 O’Connell Street in 2018 after it had lain dormant for more than 30 years, with plans to renew the North Adelaide landmark and deliver public value.

A Commercial & General proposed development application was approved by he State Commission Assessment Panel (SCAP) to begin the AU$250-million (US$187-million) renewal project of three 14 story towers connected by a two-story podium.

The plans included retail and commercial tenancies on the ground, first and second floors, and 160 apartments and four penthouses across the remaining levels, and two basement levels with almost 400 car parking spaces.

In its report, SCAP said the building had “carefully considered the external impacts of the building on the streetscape”.

According to council documents, the development would “enhance the vibrancy of one of the city’s premier streets, bringing new residents and businesses to the area while supporting existing businesses."

Construction was due to begin in mid-2022, and would support about 430 jobs during construction and up to 500 ongoing roles once completed in 2024.

For more on this story, go to The Urban Developer.