HomeBusinessKent Town heads to new heights with latest tower approval

Kent Town heads to new heights with latest tower approval

Summary

The 12-storey building planned for Dequetteville Tce – between King William and Little Rundle streets – would include 62 apartments with ground-floor retail and showroom space, and offices on the second floor.Local developer Chasecrown is spearheading the project, which would become one of the first major apartment projects in Kent Town since Palumbo’s $70m East Park development on an adjacent site immediately north of the Chasecrown proposal. That project was completed in late 2017.Meanwhile Victorian developer Flagship Group is expected to start construction soon on a further 200 apartments across two towers further north on Dequetteville Tce, on the site of the state heritage-listed Royal Hotel.Chasecrown director and project architect Louis Kanellos said his company’s project had been designed to take advantage of the views across the east parklands and towards the city.“We expect that the apartments will appeal to a range of buyers from young professionals through to downsizers seeking a convenient lifestyle with close proximity to parks, gardens and local amenities,” he said.“It’s not just residents that will benefit from the project, with Chasecrown investing in the public realm around the Kent Town project, by activating the street frontage and laneways with high quality landscaping, green walls and artwork, contributing to the Little Rundle Arts Project.”The Little Rundle Street Art Project started in 2016 as an “outdoor gallery” showcasing the work of local street artists.Chasecrown’s development will also have a strong focus on energy and water conservation, incorporating an average seven-star apartment energy rating and a fully electric power system that avoids fossil fuels for heating, cooling, hot water or cooking appliances. Video fly-through of 3D model of Adelaide CBD skyline including projects under construction and approved – created and supplied by AerometrexEnd-of-trip facilities including bike storage, showers and change-rooms will also be available to office tenants, while residents will have access to private storage areas.The apartments are expected to hit the market in the middle of this year, and the project is expected to create up to 200 jobs during construction.Chasecrown completed the $83m 8 South Esplanade project at Glenelg in 2020, while a contentious apartment tower planned for the Seawall Apartments site, further south on the esplanade, remains the subject of ongoing legal proceedings after initial designs were rejected by the State Commission Assessment Panel last year.

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