Hi, do you know what the potential size of this tower could be (or if there's some cap)? I ask because I remember reading somewhere that up to 500K sq. ft. of office space is possible for this site (might have been Brookfield's own website) but if this tower will be a typical 32 storey tower, then its size should be around 700-800K sq. ft., correct? Thanks!
There is so much office spaceâ€”existing, under construction, and especially proposedâ€”on the market now, I would not be surprised if Bay Adelaide North slipped further than the end of next year. That's far enough off that they are essentially saying "we don't know, law of supply and demand says that in 20 months time there should be enough demand again for us to float another boat", but who knows which buildings will find the tenants they need to get going next.
It was which is why it state combined area but, it's all office now.
Correct, and now allowed to go to 141 metres, not just 120.
I'm starting to feel I was wrong saying 3 to 5 years before we see the new design. I believe now we will see marketing start sooner rather than later.