TRANS­FOR­MA­TION IN THE HEART OF ADE­LAIDE

Run­dle Mall is South Aus­tralia’s premier shop­ping and tourist precinct, at­tract­ing more than 24 mil­lion vis­i­tors ev­ery year. It is cur­rently be­ing re­de­vel­oped into a precinct that could trans­form the heart of Ade­laide. Busi­ness First speaks with Wein­ert G

Business First - - PROFILE -

Since its of­fi­cial open­ing as Aus­tralia’s first pedes­trian mall more than 40 years ago, it has seen ex­tra­or­di­nary trans­for­ma­tion and the lat­est project to make its mark on the precinct is the ma­jor re­de­vel­op­ment of Run­dle Mall Plaza.

The four lower lev­els of the prom­i­nent nine-storey build­ing – orig­i­nally con­structed as a stand­alone David Jones depart­ment store in the 1960s – are be­ing trans­formed as part of a mul­ti­mil­lion dol­lar re­de­vel­op­ment by own­ers the Wein­ert Group.

The large-scale project span­ning 12,000sqm will see the cre­ation of a lower ground tech hub, the ground floor ded­i­cated to re­tail and fash­ion, an ex­cit­ing new din­ing precinct on level one and a health and well­be­ing precinct planned for level two.

Wein­ert Group Prop­erty Man­ager Evan Brumby says the re­de­vel­oped Run­dle Mall Plaza would of­fer the high­est qual­ity re­tail, din­ing and well­ness ex­pe­ri­ence in Run­dle Mall when it re-opens later this year.

“The Plaza’s new din­ing precinct is one of the most ex­cit­ing as­pects about the re­de­vel­op­ment and it will be a truly unique ex­pe­ri­ence for Ade­laide,” Brumby says.

“When you visit ci­ties like Mel­bourne and Syd­ney, they have up­per floor din­ing with views and nat­u­ral light, where lots of shop­pers, work­ers and tourists go to eat and we are bring­ing that ex­pe­ri­ence to Ade­laide.”

A sub­stan­tial part of the floor of level two will be de­mol­ished to cre­ate a dou­ble-height din­ing precinct with large glass win­dows over­look­ing Run­dle Mall.

A new multi-storey void at the main en­trance will be an­other stand­out ar­chi­tec­tural fea­ture and host the re­lo­cated Progress Statue, a welded cop­per sculp­ture cre­ated by Lyn­don Dadswell in 1959.

“We have also taken great care se­lect­ing high qual­ity fin­ishes, work­ing closely with our ar­chi­tects Hames Sharley. The de­sign in­cor­po­rates a lot of brass, wood and stone and moves away from the cold stain­less steel, whilst also in­tro­duc­ing all the mod­ern com­forts to go with a new devel­op­ment.”

In a ma­jor coup for Run­dle Mall Plaza, Swedish fash­ion gi­ant H&M has cho­sen the site as the lo­ca­tion of its first South Aus­tralian store.

“We’re very proud to have se­cured H&M as our ma­jor ten­ant. The store is go­ing to be a sig­nif­i­cant draw­card not only for Run­dle Mall in par­tic­u­lar, but Ade­laide in gen­eral,” Brumby says.

“The in­ter­est shown by in­ter­na­tional re­tail­ers to es­tab­lish a pres­ence in Run­dle Mall demon­strates con­fi­dence in the State’s re­tail sec­tor, which is con­tin­u­ing to gain strength.”

In the 12 months to March, South Aus­tralia recorded a 3.3 per cent rise in re­tail turnover, the best re­sult in the coun­try.

Run­dle Mall Plaza’s large-scale re­de­vel­op­ment also presents

nu­mer­ous leas­ing op­por­tu­ni­ties across all four floors for po­ten­tial ten­ants in the fash­ion, food and bev­er­age, and health and well­ness spa­ces. New ten­ants will join the likes of Swarovski, Sports­girl and JB Hi-Fi, which are con­tin­u­ing to trade through­out the re­de­vel­op­ment works.

CBRE Leas­ing Agent Julie Thomas says the unique­ness of the Plaza’s din­ing precinct was a ma­jor draw­card for po­ten­tial ten­ants.

“A dou­ble height glass atrium will be the cen­tre­piece of a so­phis­ti­cated art deco styled precinct, of­fer­ing sun­light, at­mos­phere and views over Run­dle Mall,” Ms Thomas said.

“The din­ing precinct will cre­ate an en­joy­able shop­ping and busi­ness lunch ex­pe­ri­ence, con­cen­trat­ing on higher qual­ity food and bev­er­age op­er­a­tors.

“So far there has been a lot of in­ter­est from prospec­tive ten­ants and we’re in dis­cus­sions with sev­eral prom­i­nent op­er­a­tors.”

For the health and well­be­ing precinct, Run­dle Mall Plaza is hop­ing to at­tract med­i­cal prac­ti­tion­ers and al­lied health pro­fes­sion­als as well as well­be­ing ser­vices such as a day spa, gym or pilates and yoga stu­dio.

“Whether you shop, work or live in the City of Ade­laide, Run­dle Mall Plaza will seek to pro­vide the ease and com­fort of vis­it­ing one cen­tral spot for all your needs,” Brumby says.

“Cus­tomers are now look­ing for more than just re­tail. They are look­ing for a place to re­lax, a place to ex­pe­ri­ence, and we in­tend to pro­vide just that.”

“With the new tram­line down North Ter­race, the up­grade to Gawler Place, nu­mer­ous com­mer­cial and ac­com­mo­da­tion build­ings un­der con­struc­tion in the CBD and the Run­dle Mall Plaza re­de­vel­op­ment, it is an ex­cit­ing pe­riod for Ade­laide.”

The Wein­ert Group, which con­verted the build­ing into Run­dle Mall Plaza in the early 2000s, has ap­pointed the orig­i­nal builder, Hansen Yuncken, as the Prin­ci­pal Con­trac­tor for the re­de­vel­op­ment works.

The re­de­vel­op­ment is ex­pected to be com­plete in late 2018.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.