George Velentzas transforms Prospect Rd in Adelaide with major developments

·

A wave of new businesses is set to transform Prospect Rd, with 10 retail stores opening in the coming months across two major developments, according to the advertiser.

At 85 Prospect Rd, the redeveloped former Foodland site owned by George Velentzas, four businesses will open in late February and early March: high-end gym Fitness Factory, St Louis House of Desserts, Prospect Rd’s first pub, and an RSPCA op-shop. One more space remains available for lease.

Velentzas said he aimed “to create something exciting” at the two-storey retail space. The Fitness Factory, which will occupy the entire second floor, will “probably be one of the classiest gyms available this year in Adelaide.” The health club will feature a creche, a cafe serving juices and protein shakes, steam and infra-red saunas, yoga and pilates classes, individual showers, and Italian-made gym equipment.

The RSPCA op-shop will focus on designer fashion, similar to the charity’s Rundle St store. “There’s no way I’d let just any op-shop in,” Velentzas said.

Meanwhile, at The Harrington, a five-storey apartment complex nearby, six ground-floor stores will open by mid-May, including R3 Reform pilates studio, He Said, She Said cafe, a frozen yoghurt bar, a yet-to-be-revealed restaurant, and two unleased spaces.

The developers of The Harrington aimed for high-quality tenants. “We’ve been quite picky with who we put in,” said CBRE leasing agent Julia Pottenger.

All 55 apartments at The Harrington have already been sold.

Source: The Advertiser

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Exclusive preview of Greek feature film ‘Stelios’ to screen in Melbourne

GCM has announced an exclusive preview screening of the highly anticipated film Stelios (Υπάρχω) – a tribute to Stelios Kazantzidis.

Nick Andrianakos strikes $385 million deal for Melbourne’s Northland shopping mall

Nick Andrianakos secured his largest property deal to date, purchasing a 50% stake in Melbourne’s Northland shopping mall for $385 million.

Melbourne woman convicted of murdering Kon Kritikos maintains innocence

Danielle Lee Birchell, convicted of murdering her father-in-law, continues to assert her innocence, a hearing was told.

Athens and Airbnb launch emergency housing program for earthquake victims

Athens and Airbnb.org have launched an emergency accommodation program to assist residents of Cycladic islands impacted by earthquakes.

Acclaimed Greek film ‘Stelios’ to have Australian premiere in April

The Greek Festival of Sydney has announced the Australian premiere of the highly anticipated Greek film 'Stelios' on April 23, 2025.

You May Also Like

Leaders of Greece and Turkey agree to mend ties after years of friction

Greece and Turkey on Thursday agreed to reboot their relations, establishing a roadmap designed to usher in a new era of closer ties.

Rain, hail or shine, Victorians celebrate Theofania across the state

Despite the mixed weather, Victoria's Greek community attended Blessing of the Waters ceremonies at both Frankston and Port Melbourne.

Greece files complaint over ‘biased’ women’s sabre quarterfinal at Olympics

Promising Greek Olympic fencer, Theodora Gkountoura suffered a heavily contested narrow defeat by France’s Manon Apithy-Brunet.