Activate 408 Consortium comprising: Capella Capital; Lend Lease Building & Spotless Facility Services
Contract Value / Payment Mechanism:
Circa $600 Million AUD / Availability-Based hybrid lease-back arrangement
Contractor & Designers :
Lend Lease Building & HASSEL; Mott MacDonald & AURECON
The Courts Precinct Urban Renewal was released under an Expression of Interest in September 2013 by the Government of South Australia.
The State’s intent is that capacity, efficiency and adaptability of justice facilities within the central business district is addressed through development of new facilities financed, designed and constructed on the site of the current Supreme Court on the corner of King William Street and Gouger Street.
The Project is being procured in a two stage process including an RFP phase, followed by an early developer involvement (EDI) process.
The accommodation will comprise:
- Building 1 – Higher Courts and Courts Administration Authority (CAA) inc: 31,030 m² (Net Lettable Area) A-Grade with 85 secure car parking spaces; and
- Building 2 – Attorney General’s Department Office Accommodation & Other Courts inc: 25,800 m² (Net Lettable Area) A-Grade with 91 secure car parking spaces.
WT was appointed by Activate408 to provide a broad range of bid phase Project Advisory services including Lenders’ Technical Advisory, Capital Cost Estimating, Commercial Support and Facilities Management.
Following an affordability review by the South Australian Government the project did not proceed.