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Developer unveils $300m hotels plan
An Adelaide development company has unveiled plans to build international hotels in Victoria Square and Whyalla at a cost of $300 million using sustainable materials such as laminated timber and green steel.
An Adelaide development company has unveiled plans to build international hotels in Victoria Square and Whyalla at a cost of $300 million using sustainable materials such as laminated timber and green steel.
More than three quarters of properties in Adelaide are on track to record an annual price growth of more than 10 per cent, with outer ring suburbs in the city’s far north and south now contributing to the state’s booming house values, according to a new breakdown of the metropolitan real estate market.
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Adelaide has been ranked the world’s third most liveable city by a global index, moving up seven places to take the nation’s top spot from COVID-impacted Melbourne.
Adelaide’s bricks and mortar bookshops are reporting strong post-COVID sales from loyal readers, prompting Rundle Mall’s cornerstone bookshop Dymocks to reopen in the Myer Centre after a short hiatus from the CBD.
More than a dozen shopfronts inside Adelaide’s heritage Regent Arcade stand vacant, with an exodus of traders from the once-bustling destination prompting remaining businesses to call for the overseas owners to do more to attract shoppers and tenants.
More than 30,000 people and almost 120 businesses have signed up for a voucher scheme aimed at boosting the Adelaide CBD economy as city traders air concerns about their ongoing viability.