27-Level Tower Approved for Adelaide’s Grand Medina Treasury Hotel Site

A NEW skyscraper will dot Adelaide’s city skyline, after the South Australian government’s Development Assessment Commission approved a 27-level tower that will be the city’s fourth tallest.

Toga Group of Companies plans to develop a 100 metre, $80 million tower on its Grand Medina Treasury Hotel site in the Adelaide CBD (image, right).

The tower was approved despite warnings from heritage advocates and the Adelaide City Council. The proposed tower will overshadow the adjacent Pilgrim Uniting Church.

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Major Macquarie Park Project Should Start Construction Soon, Sydney

CONSTRUCTION of a major new 561-unit apartment complex in Sydney’s Macquarie Park should start by the end of this year.

Global property group LaSalle Investment Management has teamed with Sydney’s Toga Group to develop the regional centre in Sydney’s north.

All planning approvals for the first stage of the project are in place, according to the AFR which reported the new development arrangement.

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Toga Group Buys Kings Cross Hotel for $16.75 Million

THE Mansions hotel, in Sydney’s inner-city Kings Cross, has sold to developer Toga Group for $16.75 million.

The property, which currently trades as a pub, is expected to be converted into an apartment complex. Toga purchased the site on terms subject to this redevelopment being approved. The Mansions soars five levels. It was one of the last controlled by the Landmark Leisure Group which went into receivership in 2009.

Other sites owned by LLG included the Vegas Hotel, which like The Mansions is also in Kings Cross. Other assets include Darlingsford’s Oxford Hotel and the peakhurst Inn.

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