Client: Greaton Pty Ltd
Value: $120m
Project Timeframe: 2015 – 2019
Services Provided: Project Management
Features:
- Major CBD residential development
- Two towers comprising of 272 apartments
- Five storey podium levels include restaurants, swimming pools, cinemas and outdoor gardens, and four levels of residential car parking
In April 2015 RCP was engaged by developer Greaton Pty Ltd to provide project management services for a major Adelaide CBD residential development. Stage one of the project consists of two residential towers comprising 272 apartments resting atop a five-storey podium. The podium levels comprise ground floor specialty retail, shared tenant areas including restaurants, swimming pools, cinemas and outdoor gardens, and four levels of residential car parking.
The project site is the former landmark Balfours factory site which has a complexity of restraints under the existing development contract and land management agreement. RCP initially produced a short-term DA programme and comprehensive value management strategy which resulted in an on-budget DA submission within 6 weeks of engagement.
The development, which is currently under construction, is progressing very successfully to date and is due for completion in early 2019.