The world’s tallest student-only accommodation tower approved
ADELAIDE will become home to the world’s tallest student-only accommodation tower after the state’s planning commission gave the green light to the proposal.
- South Australia’s international student sector thriving
- Hines Property lodges plans for record-breaking tower
ADELAIDE will become home to the world’s tallest student-only accommodation tower after the state’s planning commission gave the green light to the proposal.
The State Commission Assessment Panel has given the tick of approval to Hines Property’s $85 million, 124.2m and 38 storey high, development at 29 Twin Street — next to the Ibis Hotel.
The building, which will incorporate a total of 510 beds, will eclipse the world’s current tallest student-only accommodation building the 122m high Student One Wharf Street tower in Brisbane.
Hines Property Managing Director James Hines said it would also feature a ground floor lobby and cafe, a communal mezzanine lounge, cinema and events space, as well as study and dining area, garden retreat and a rooftop lawn, gym, wellness and yoga space.
“Receiving formal approval is another important milestone for this fantastic project, which will set a new standard for student accommodation,” said Mr Hines.
“We’re literally taking modern student accommodation to new heights, and look forward to
turning our vision into reality with a world-class development that will cater for rising demand
in Adelaide for high quality student accommodation.”
The number of international students in South Australia — including high school, university and TAFE students — rose last year to a record 35,820, up from 34,070 in 2016.
The sector pumped $1.54 billion into the local economy in 2017, an almost 10 per cent jump from the 12 months prior.
Students make up almost a quarter of the CBD’s population.
Construction is set to begin next year.
