102-108 Wakefield Street is set to become a sleek 14-level office building designed by renowned Cheesman Architects, providing 14,000sq m of prime, light-filled office accommodation and spacious end of trip facilities, such as bike parks and showers. The building will also include an abundance of on-site carparks.

All levels will have floor-to-ceiling glass windows, with levels 7-13 benefiting from windows on all four sides of the building, providing spectacular 360 degree views, with an expansive floor area of 1,460 square metres. The ground floor will feature retail shops, providing further ease and convenience for the companies above.

Savills Office Leasing agent Adam Hartley has been exclusively appointed to lease the entire building on Kyren Group’s behalf following his successful involvement with their previously constructed office towers in the Adelaide CBD.

“Kyren Group have become well-known for creating some of the largest developments in Adelaide, and shaping Adelaide’s skyline. Their recently completed residential tower, The Adelaidian, is now the tallest building in Adelaide.”

“Kyren Group is now building 108 Wakefield Street without pre-commitment, a strategy they’ve implemented multiple times before. Their previous developments, 70 Franklin Street and 400 King William Street, were built with little to no pre-commitment, demonstrating their confidence in the market.”

Mr Hartley said high quality office accommodation is becoming exceedingly rare in Adelaide due to the lack of new buildings and recent leasing transactions having absorbed the majority of prime office space.

“Adelaide has a great opportunity to attract more global companies such as Technicolor and NASA that are attracted to the affordable rents, and the fastest internet speed provided by the Adelaide City Council TPG 10Gig.

“Kyren Group and Cheesman have designed 108 Wakefield with a focus on functionality, practicality, aesthetics, and lifestyle,” said Mr Hartley.

“An office should be aesthetically beautiful and modern, easy to get to, and a place where employees want to work, thereby increasing productivity. It should also be somewhere that reflects the prestige of the tenants and impresses clients. 108 Wakefield checks all of these boxes,” he said.

“We’re excited to announce that the building will be completed in August 2020, by which time we expect to have the tower fully occupied.”