New plans for Seventh Street are progressing well, with the project continuing to work with committed tenants and other interested traders on a new design.
The project is looking forward to announcing these new plans for the centre soon in response to strong, ongoing community demand for a boutique shopping and lifestyle precinct at Flagstaff Hill.
Imminent plans for the construction of Seventh Street have unfortunately been delayed.
“The delay arises from a ‘last hurdle’ decision by an east-coast based Board in respect of the anchor supermarket tenant. Their decision not to invest in a new store at the Seventh Street centre arose from that Board’s perception of the state of the South Australian economy,” said Ian Marker, Chief Executive of Adelaide Development Company.
“The delay is not due to any planning issues. The $50 million project received planning approval from the City of Onkaparinga in December last year.
“Nor does it reflect lack of demand. Independent studies demonstrate strong community demand for the Seventh Street centre.”
Mr Marker said ADC was disappointed by the anchor tenant Board’s decision – both in its own right and on behalf of other tenants who had committed to the new centre and were looking forward to moving in at the end of next year.
“Unfortunately, this delay means we are highly unlikely to meet our commitment to open the centre late next year as planned. We will be entering discussions with committed tenants and other potential operators at the earliest opportunity,” he said.
“Adelaide Development Company has always considered Seventh Street to be a long-term project and we are already exploring options and refining the tenancy mix to meet the long-expressed needs of the local community.”
Plans for the new Seventh Street shopping and lifestyle precinct at Flagstaff Hill are set to become a reality after receiving approval from the City of Onkaparinga.
The exciting $50 million project will provide a major boost to the region incorporating a major supermarket, medical, dental and allied health centre, cafes, restaurants and other specialty stores.
Significantly, Seventh Street will also create hundreds of local jobs during construction and upon opening.
To be developed by Adelaide Development Company (ADC) adjacent the Flagstaff Pines residential estate, Seventh Street construction is anticipated to start mid next year ahead of expected completion in late 2018.
“This approval is great news for the project and for the Flagstaff Hill community who will soon have a fantastic new destination to shop, relax and enjoy,” said Ian Marker, ADC Chief Executive Officer.
“We’re really excited about Seventh Street and its boutique ‘high street’ design, which has already received an enormous amount of positive feedback from the local community.
“Seventh Street is also going to provide a big jobs boost to the region. In fact, we’ll be creating around 70 jobs during the construction phase across 2017-18, and more than 240 permanent new jobs when open.”
Construction of Seventh Street is anticipated to commence in 2017. In the meantime, check out these great artist’s impressions of how the centre will look.
Designed by award-winning national architecture firm Hames Sharley, Seventh Street has taken inspiration from buildings in quaint Italian hilltop towns through to the latest urban-focused shopping developments in the US and Australia.
Incorporating welcoming walkways, beautiful building facades and interesting outdoor furniture, Seventh Street’s overall design will utilise timber, glass and exposed brick to create a modern retail precinct with classic features.
The new $50 million Seventh Street shopping and lifestyle precinct at Flagstaff Hill is set to provide a major boost to the region and create hundreds of local jobs.
The boutique retail centre will have a “high street” feel and include a major supermarket, medical, dental and allied health services, cafes, restaurants and other specialty stores.
To be developed by Adelaide Development Company (ADC) adjacent the Flagstaff Pines residential estate, Seventh Street will create approximately 70 jobs during construction, and more than 240 permanent jobs when open.
Subject to development approval, construction is due to commence in 2017, with the first stages set to open in late 2018.
ADC Chief Executive Officer Ian Marker says Seventh Street will set a new standard for boutique shopping strips in Adelaide: “We’re really excited by this development, which will provide a fantastic new shopping and lifestyle destination for residents of Flagstaff Hill and the broader community,” he said.