Locale

Information Memorandum FORESTVILLE Information Memorandum CommercialRetail Group

Design Vision: The Locale bold vision create a truly dynamic, where people can live, eat and learn, but most

Information Memorandum for Forestville is to inclusive community work, socialise, shop, importantly connect.

Artist Impression: Aerial View of the Locale Development 4

LOCALE VISION. Our vision is to create a community that showcases and celebrates why Adelaide is one of the most liveable cities in the world – our clean air, open spaces, accessibility, convenience, affordability, food and arts are all hallmarks of our city, and hallmarks of Locale. We’ve also drawn inspiration from the small, bustling European towns where the homes, squares and markets, and their scents, colour, sounds and architecture entice you to linger and explore with a new experience around every corner. Future residents will be the lifeblood of Locale, but our vision is to create a place that will attract and benefit a much wider community through food, arts, culture, and education. This includes visitors from intrastate, interstate and overseas. By taking a relatively small, but significant urban infill site and thinking big, we aim to create a place where something special happens every day. A place that people will not only proudly call home, but a place that creates opportunity and can transform lives. Locale Noun: A place, especially one where something special happens. 5

Our vision has been informed by seven key principles: COMMUNITY CONNECTION CAUSE A community A community that’s A community with designed and built connected physically a higher purpose with a clear identity and socially to the that will create for the development past and future, opportunities that recognises the and to each other. and a legacy for site’s heritage and Locale will be a place future generations past uses, and builds where people connect through regenerative trust, encourages through shared sustainability, careful participation and passions, a love of food environmental rewards its residents, and storytelling, and management, visitors and workforce. where each member education and training of the community, to build the skills and whether a resident or capacity of young visitor feels welcome people, and fosters and contributes to local talent among our each other’s wellbeing. residents, workforce, students and suppliers. 123 6

i CLIMATE CULTURE CREATIVITY COMMERCIALITY A commitment to A community that A community that’s While a bold vision, world-class, leading recognises and honours known for and fosters it is underpinned by environmental practices the Kaurna people’s creativity of all kinds, sound commercial through the adoption of spiritual connection to with a focus on food acumen that will not regenerative sustainability. the land and the value culture and the arts. only allow the vision to Building South Australia’s placed on the ‘meeting A creative culture be realised but make the green industries place’. Locale will be a will be nurtured that development sustainable. capability, provoking and meeting place where supports innovative We’ll be invested in catalysing innovation, stories and food are and entrepreneurship, the community for the showcasing emerging shared, and artistic and and the ways in which long-term as an owner technologies and cultural expression we live, learn, and and operator. A creative products and inspiring supported. share experiences. culture will be nurtured community interest that supports innovation and behaviour change and entrepreneurship, beyond environmental and the ways in which sustainability and circular we live, learn, and share economies towards a experiences. truly regenerative future. 4 567 7

DRESS CIRCLE 12K M LOCATION. NORTHERN EXPRESSWAY Locale Forestville is conveniently 8K M located within an established, HENLEY BEACH desirable suburb on the city- fringe, and just 3km from the 4K M heart of the CBD. ADELAIDE AIRPORT It enjoys easy access by car into the city, or by bike or on foot through 7K M the south-west parklands. Facing a major arterial road (Anzac Highway), Locale has strong GLENELG BEACH connections to the city’s north-south corridor (Northern and Southern Expressways) and the South Eastern freeway into the Adelaide Hills. 7K M Adelaide Airport is just a 15 minute drive from the site, making it easily SOUTHERN EXPRESSWAY accessible to interstate and overseas visitors. Adelaide’s metropolitan beaches are also just a short drive away. Locale will be home to world-class onsite shopping and amenities, but also close to other well-established amenities within neighbouring suburbs. KEY Road Trainline Bike path Park Location marker Directional marker Maple Avenue L Leader Street HigAhnwzaayc South Road

N O R T H A D E L A I D E ZOO GO L F C L U B ADELAIDE OVAL George Street A D E L AI D E C E U N IRVE E AR DS I T Y I O F Henley Beach Road F E S T IV A L N T E L A D E SBirraDnodnmaaldn Drive ROYAL ADELAIDE HOSPITAL SA MUSEUM A R T T GA L LSEURTYR AOLFI A S O U H A ADELAIDE RUNDLE MALL TRAIN STATION UNI SA TAFE CITY WEST ADELAIDE HIGH CBD TOWN HALL CHINA CENTRAL FEDERAL COURT TOWN MARKET PRINCESS H E L IZABET UN P L AYGRO D PARKLANDS Richmond Road ASSDHTEOALWTAIGIORDNEO U N D L Anzac Highway HROSSHPFIOTRA D Goodwood Road L King William Road Unley Road Leader Street FORESTVILLE 8K M ADELAIDE HILLS

CONCEPT MASTERPLAN. The Locale masterplan draws together unique, innovative elements into a cohesive design that responds and contributes to its broader environment in the suburb of Forestville and the Adelaide metro area more widely. The masterplan recognises the need to Residents will have all their daily needs KEY FEATURES: bring a high-quality of local amenity to within walking distance, along a series of support the new form of higher density Green Streets that prioritise pedestrians 1. Market Square with Locale store, residential development, to create a place and cyclists. A high level of permeability innovative retail, education hub, Urban where people want to live, but also work is created to provide connections to Farm, outdoor eateries and market and socialise. both east/west through the precinct, stores. A place to eat, meet, work, live and north/south to the Barracks and and shop. In response, the plan establishes a thriving existing residential community. Leader heart as a central focal point with the very Street will play a key role in terms of 2. Higher density apartment buildings high-level of amenity required to support both connectivity and access, and will centrally located within the the success and sustainability of the be activated with retail and residential development to provide direct residential components of the masterplan, interfaces access to open space and world-class and the viability and sustainability of amenities. future residential development within the The Masterplan incorporates well- immediate neighbourhood. Amenity that designed and planned open space with 3. A diverse range of medium density will support possible future residential the aim of creating an active and engaged town homes with a central green link development in neighbouring industrial community. This includes a Central spanning the width of the site and buildings and the Keswick Barracks. Park as a centrepiece for the apartment connecting Maple Avenue and Leader buildings and a shared space that can be Street. Locale will be known for the culture that utilised by residents for relaxation and it creates. The masterplan incorporates socialisation. The Central Park will have 4. Higher density short-stay apartment a diversity of housing designed to suit attractive and convenient internal links buildings to provide accommodation varying lifestyles and life-stages with through to the Market Square, Urban for people relocating to Adelaide and a range of town homes and a core of Farm and the new residential community. the nearby hospitals. low-rise apartment buildings around a central park, a bustling market square with Meanwhile, publicly accessible 5. Compelling range of publicly innovative retail and services, outdoor open spaces are a key feature of the accessible uses and experiences. dining and play spaces, and short-stay development’s Market Square as the accommodation buildings. social, thriving heart of the project. 6. Office accomodation focusing on wellness. The masterplan concentrates the retail component and public amenity at the western end of the site facing Anzac Highway to provide a ‘shop window’ to the development. This connection to Anzac Highway as the adjacent main thoroughfare past the site, provides a ‘visual gateway’ to the project and a showcase that invites visitors to explore. Housing density is scaled from west Artist Impression: Market Square Forecourt to east across the site with apartments alongside the retail adding to the vibrancy of the community, while the town homes flow off the back of the central apartment hub. 10

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KEY PROJECT STATISTICS. These are active public spaces for events, pop ups and markets Artist Impression: Leader Street view of the Locale Market Square 9,500 sqm 5,000 sqm Retail Commercial space 2,500 sqm 1,500 sqm Food & Beverage Events & Functions 12

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The Locale Masterplan has six distinctive precincts that span retail, hospitality, education, residential, commercial and tourism. Residents, visitors and shoppers will feel part of a vibrant community and be able to move freely between retail precincts and services. Each precinct will have its own identity, however there will be a sense of design integration to create a seamless community. Partnership and/or tenancy opportunities exist within all the key precincts. 14

KEY PRECINCTS AND PARTNERSHIP OPPORTUNITIES. 1. THE MARKET SQUARE Our vision for The Market Square is Specialist cafes and restaurants, lifestyle to become Australia’s premier food, retailers and service providers will line An open piazza- hospitality and retail destination. The Market Square with a mix that style Market Square may include homewares store, hair will be the heart The Market Square will be a buzzing and treatment salon, health services, of the community social and family-friendly precinct boutique food and wine stores, and and a place where with an unparalleled blend of dining, independent cafes and restaurants. people can live, work, shopping, entertainment, activities socialise, eat, shop, to attract a diverse group of people at The Market Square will garner the learn and connect.. different times of the day, seven days quality of creativeness, lifestyle, a week. visual beauty and service ethos. We want to be renowned for our motto It will include a Locale store, Flowerbar “everyone’s welcome” where our work and Wellbeing Centre, Urban Green and commitment will be to create a true School and Urban Farm and will be community. surrounded by open-air cafes, specialist retailers and landscaped recreation areas. Artist Impression: Locale Market Square Forecourt p Locale Store The Locale Store will be a key traffic driver to The Market Square to support Partnership This exciting new store, set to become complementary businesses within the Adelaide’s most extensive grocery offering, precinct. and Tenancy Opportunity will be owned and operated by Adelaide’s Finest Supermarkets. It will include a p Opportunities will exist for specialist, specialist butcher, The Wharf (seafood independent retailers that fit the style retail and eatery), artisan bakery, in-store Partnership Opportunity and ethos of The Market Square. eateries, fresh and organic produce and household essentials. The Chapley family are thinking It will be an attractive proposition for “big and bold” in the areas of potential traders and tenants to be The store will showcase the best South e-commerce with opportunities for part of a cohesive group of likeminded Australian produce, producers, growers, business partnerships in this area. businesses in a groundbreaking farmers, fishers and food manufacturers. development like no other. 15

Key precincts and partnership opportunities 2W.EFLLLOBWEIENRGBCAERNATRNED The Locale Flowerbar at Forestville p will extend this idea further with an Adelaide’s Finest integrated florist, day spa and café. Partnership Supermarkets has experienced great The café will bring together fresh-cut and Tenancy Opportunity success with its flowers and plants for the home, a high- Flowerbar brand tea experience, patisserie, Champagne This multi-level building will allow at Pasadena and bar and light meals. the Chapley family to realise their Frewville Foodland. vision of creating a health and This venue will be the first of its kind wellbeing centre with exciting 3. URBAN FARM and will take the best of a five-star hotel opportunities for a range of beauty spa experience and make it into an and wellbeing services and a gym. Locale Forestville affordable, accessible and authentic day will be home to the spa offering. first Urban Farm in South Australia. It The rooftop Urban Farm will practice p forms a key part of and showcase regenerative agriculture the development principles and practices. Partnership masterplan but is also a key pillar This groundbreaking venue will and Tenancy Opportunity of this project’s be managed by Adelaide’s Finest sustainability Supermarkets but will be open to use by The Urban Farm provides credentials. the community. opportunities for like-minded hospitality operators to establish In addition to its sustainability focus, it eateries, cooking school and rooftop will serve tourism, events and hospitality events space. functions with cooking classes and food tours among other A bespoke function and event venue will overlook the Urban Farm with the capacity to host small and large events adds another dynamic use to this space. 16

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Key precincts and partnership opportunities S4C.HUOROBLAN GREEN The Urban Green School will be a p unique campus incorporating a working Education, and new Urban Farm where students learn about Partnership ways of learning, are horticulture, aquaculture, and business also at the heart of skills to support the circular economy. The school will create meaningful the Locale Forestville partnerships with precinct tenants development. The school will be owned and operated to create a permeable learning by Youth Inc., a ground-breaking community. Further partnerships Adelaide-based learning alternative with the not-for-profit and and a key partner of Adelaide’s Finest philanthropic sectors will ensure the Supermarkets. provision of broad community. V5–I.SRAIETCSOCIRDOSEMNMTSODAANTDION This mimics the p classic European A major part of this model of people living Partnership new precinct will be around or near the the ability for people local market square. and Tenancy Opportunity to live and socialise on site, whether a Short-stay apartments will be part of an An opportunity exists for a short- permanent resident eight-storey gateway building and will stay accommodation provider to or a short-stay visitor. offer an accommodation option for locals establish themselves at Locale, with or visitors travelling from regional areas significant demand expected from or interstate. This building, overlooking tourists, business travelers and The Market Square, will also house visitors to the Ashford Hospital. A traditional residential apartments. business opportunity also exists for Visitors or residents will feel connected ground floor retail and hospitality to the entire precinct. businesses of the ground floor of key apartment buildings. 6OF.FCIOCME MERCIAL / Being adjacent to The Market Square, p commercial tenants will enjoy being part of a safe, well-lit, vibrant precinct, both Partnership day and night. and Tenancy Opportunity The multi-storey gateway building will Significant opportunities will exist also house compatible for businesses to establish offices at and likeminded Locale, along with co-working space commercial tenants. operators. Ground floor tenancies will be available for hospitality, retail and health services businesses, which will benefit from being located directly opposite Ashford Hospital. 19

LOCALE FORESTVILLE, CRUESRIRDEENNTTSLOCAL RESIDENT & VISITOR PROFILE. Locale Forestville sits on the city-fringe and Our vision for Locale Forestville is located within the is to attract a broad range of City of Unley and on visitors and shoppers to this new the border of the City community by not only making it a of West Torrens. neighbourhood precinct, but also a destination for visitors from across The suburb of Forestville and metropolitan Adelaide, intrastate, surrounding suburbs within the City of interstate and overseas. Unley enjoy a high average income, low unemployment and a high standard of The key characteristics that bind these various visitor markets is a tertiary education. Forty-four percent higher than average disposable income and an appreciation for high of the population are employed in white quality food, dining and lifestyle products and services. collar occupations. Most households (52%) comprise couples, either with and without children, while single person households. The median age of residents is 41, which is two years older than the average for greater Adelaide. Compared to Greater Adelaide, the City of Unley has more households renting and higher rental costs, and a greater proportion living in higher density housing. The City of Unley also has a higher proportion of medium density housing. Forty-one percent of residents own their home without a mortgage. 20

FRUETSUIDREENTS VSIHSOIPTOPRERSSAND The Locale Consortium Metropolitan Adelaide: has identified four key future resident groups: A daytime and night-time destination for visitors seeking unique food, retail and lifestyle experiences. Visitors will also include students and staff at Green School who will likely commute from across metropolitan Adelaide. Locale’s location on the main arterial road from the City to Glenelg will make Locale convenient for visitors travelling to and from Adelaide’s affluent beachside suburbs. Young Single Adults Intrastate: Locale will become a destination for visitors to Adelaide from across South Australia. On-site short-stay accommodation as well as easy access from the CBD and airport will help support visitation from intrastate hotel guests. Young Adult Couples Interstate and International: Locale will become a tourist destination and a ‘must visit’ for people coming to Adelaide from interstate for a city break or while visiting friends and family, or longer stay visitors from overseas. On-site short-stay accommodation as well as easy access from the CBD will help support visitation from interstate hotel guests. Small Family Note: In addition to the permanent, high-quality food, retail and lifestyle operators and general buzz of Locale attracting regular visitors, an annual food and cultural events program will drive further visitation. Pre-retirees and 50+ 21

OUR PARTNERSHIP PHILOSOPHY. With a trusting and encouraging approach to all stakeholders, our 70 years of hospitality, food, retail, property, development, marketing and management experience is our greatest strength and opportunity. And we’ll keep it simple, honest, reliable and enduring from the very start. Partnering with Locale means partnering The Commercial Retail Group will with people who not only understand manage all ongoing leasing, operations, retail, hospitality, tourism and food, but and marketing of Locale’s Market Square, who truly believe in our ability to be of as well as being a permanent tenant service to the community and consider it a themselves through their sister company, privilege Adelaide’s Finest Supermarkets, who will open and operate the Locale Store. Our clear and articulated vision and strategic partnerships with our tenants and business partners will form the basis of a roadmap to creating a vibrant and cohesive community at Localé, Forestville. To be a successful business, we recognise that you need to stay ahead of customer expectations. The Locale consortium feel compelled and incumbent to continually experiment, to push the boundaries and innovate to raise the bar and further enhance and improve the unique shopping experience. Artist Impression: Locale Store Interior 22

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CAPABILITY AND CAPACITY. To successfully deliver CONSORTIUM MEMBERS This is reflected in its remarkable track on the project vision record. With a presence in over seven at Forestville will The Consortium brings together the retail centres across Metropolitan require a broad set of complementary skills required to design, Adelaide, CRG is known for its skill and skills and experience, deliver and operate this significant ability to take on the more demanding extending well mixed-use development. and complex projects and make them a beyond development, successful reality. and into a genuine ASCGUORDMPOELEUMARPEIMDR(IAECN’RICSAKOLFERITRNPSEOE)TSRATAIILNG understanding CRG currently owns and operates of the design and With more than 70 years retail the Pasadena and Frewville Shopping ongoing operation experience, the Chapley Family owned Centres, and the world-renowned of a successful major Commercial Retail Group (CRG) is Foodland supermarkets within each mixed-use centre. focused on the ownership and operation Centre, which have broken new ground of high-quality retail developments in Australia. CRG also has an interest in Our consortium has an unrivalled set of that form an integral part of associated the Munno Para Shopping Centre. capabilities to deliver all the complex community activities. aspects of this proposal which includes. For more information visit: As a South Australian family business, • The Commercial Retail Group as the Commercial Retail Group brings its Commercial Retail Group designers, owners and operators core values to every project, particularly https://commercialretailgroup.com.au of the highest quality retail stability and long-term commitment. developments that form an integral Adelaide’s Finest Supermarkets part of associated community CRG’s retail experience includes https://adelaidesfinest.com.au activities supermarkets, butchers, fruit and vegetable stores, delicatessens, fresh fish Industry, community and • Buildtec brings extensive experience and seafood, fast-foods, health-foods, personal awards for out in local property development and bakeries, fashion and restaurants. standing service construction projects spanning both residential and commercial Over the 70 years, CRG has harnessed Frewville Foodland Supermarket sectors. its skills and experience to oversee and project-manage its redevelopments. 2017 - WINNER – Australia International • Peet as one of Australia’s leading Commercial Retail Group maintains its Retailer of the Year – IGA international residential and mixed-use active involvement with all aspects of awards developers, with the size, skill redevelopments including overseeing and financial capacity to undertake planning, design, cost management, time, 2016 - WINNER – Australia International complex infill developments. construction, fit-out, brand, and finance. Retailer of the Year – IGA international awards The Locale Consortium has the collec- CRG has a proven track record of tive vision, knowledge, experience and forming and building long-term The IGA Awards of Excellence recognise financial capacity to ensure the project is relationships with all stakeholders independent retailers from around the delivered successfully. and working in conjunction with world who are seen as exemplary, worlds- communities to develop balanced centres best practice retailers. Strong relationships have already been with strong retail activity. established between the Consortium Nicholas Chapley Members and key Project Partners As owners and operators, CRG 2011 – Hall of Fame induction – IGA through previous projects. is interested in the longer-term International Hall of Fame rewards associated with investing in developments. 2010 - WINNER – W J McCallum Award recognising industry excellence - Property Council of Australia CommercialRetail Group 24

THE PEET GROUP BUILDTEC The Peet Group is a national, ASX listed For 50 years, the Buildtec Group has been company that has been trading continu- actively shaping South Australia through ously for 125 years. The Group has firmly an impressive portfolio of property established itself as one of Australia’s development and construction projects leading developers, with the size, skill and spanning the residential, commercial, and capacity to deliver high-quality residential industrial sectors. developments. From multi-storey mixed-used residential The scale and diversity of Peet’s developments, to the construction of operations in all mainland Australian state-of-the-art industrial warehouses, markets demonstrates the strength, and prominent shopping centre capability and flexibility required to create redevelopments, Buildtec has successfully innovative, quality outcomes across delivered major design and construction a wide range of development sectors, projects in Adelaide to the value of more including residential, commercial, retail than $500 million for private sector, not- and industrial developments. Peet has for-profit, and government clients. an exceptionally experienced Board and management team, and the entire Peet Set apart from its competitors by team operates in accordance with Peet’s Buildtec’s broad capabilities, resources, values of integrity, respect, teamwork, knowledge and experience, Buildtec adaptability, accountability and customer delivers a full suite of comprehensive service. construction and development services. In South Australia, Peet has a strong track Buildtec is a proudly South Australian record of working very effectively with company offering services across the Renewal SA in Joint Ventures delivering complete spectrum of construction innovative developments that resonate projects and property developments, with market stakeholders, including with extensive experience in design, the wider community. Peet’s in-house construction, project management, expertise covers every discipline in the finance and property development. development process – from project https://www.buildtec.com.au inception through to community engagement, delivery, marketing and sales.   Additional Information: https://www.peet.com.au/ 25

LOCALE FORESTVILLE Contact Details Spero Chapley | Director Commercial Retail Group 0410 696 000 | (08) 8490 9860 [email protected] DISCLAIMER: While every endeavour has been made to verify the correct details in this printed item, the information herein is believed, but not guaranteed, to be correct. Interested parties must rely on their own enquiries and independent advice. Illustrations and CAD images are artists impressions and indicative only. Final designs and concepts may change. No assumptions should be made that any development will proceed in accordance with the plans or at all. Locale Corporation and affiliated companies reserve the right to amend its plans for the proposed development in its absolute discretion. All development and use is subject to approvals. This printed item does not constitute an offer or contract. COPYRIGHT Locale Corporation. All rights reserved. No part of this work may be reproduced or copied in any form or by any means (graphic, electronic or mechanical, including photocopying, recording, recording taping, or information retrieval systems) without the written permission of Locale Corporation. Locale Corporation does not accept any liability for any incorrect information or omissions.