SA businessman Theo Maras warns ‘don’t kill the city’ over Hutt St revamp plans

·

Prominent Adelaide developer Theo Maras has added his voice to growing backlash against Adelaide City Council’s proposed $12 million revitalisation of Hutt St, warning that slashing carparking and limiting traffic will devastate local businesses and stifle CBD growth, according to The Advertiser.

“If you restrict the flow of traffic, you’re restricting the flow of people and that will do huge damage to business… because how are people going to get there?” Mr Maras said. “My view is ‘Don’t kill the city’. When you kill the city, you are creating a bad environment for people to live in the city.”

Plans under consideration include cutting on-street parking from 132 to 72 spaces and reducing Hutt St to one traffic lane each way. Business owners say that could reduce trade by up to 40 percent.

IGA owner Theo Vlassis called the changes “anti-business,” while shoe repairer Richard Libralato said he may be forced to relocate. “A lot of our clients are statewide… They won’t jump on a bike and come to Hutt St.”

While Mr Maras supports pedestrian-friendly upgrades for tourism, he warns they must not come at the expense of accessibility. “I’m all for gardens, parks and footpaths… but the most important amenity is traffic management, accessibility and carparking.”

He said people from the suburbs fuel the CBD economy. “All roads must lead to Adelaide – and then you need somewhere to park your car.”

Source: The Advertiser

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Chris Christofi: From a Melbourne home office to a powerhouse company selling $1b in real estate

Chris Christofi has built one of Australia’s most influential property businesses from modest beginnings. His rise is remarkable.

What Australia can learn from the world’s first fully electric mine in Greece

At Grecian Magnesite, remote-controlled Brokk electric robots have been deployed far beyond their traditional processing roles.

Polyxeni Philippidou heads study unlocking new pathways for breathing after spinal cord injury

The international research team included collaborators from the UK, Canada and Greece.

Byzantine monastery in Athens receives state-of-the-art fire protection

High in the hills northwest of Athens, in the suburb of Haidari, a major preservation effort is under way at the Dafni Monastery.

Zach Hristodoulopoulos amasses $5m property portfolio before turning 30

As home ownership slips further out of reach for many young Australians, one Gen Z investor is challenging the narrative.

You May Also Like

Tsitsipas brothers qualify for doubles at 2024 Paris Olympics

Stefanos and Petros Tsitsipas have qualified for the mixed doubles competition at the 2024 Paris Olympic Games.

Cultural landmark in Sydney Olympic Park to be relocated after Greek community advocacy

The Sydney Olympic Park Authority has confirmed the Discobolus Monument in Stockroute Park will be relocated in a 'respectable' way.

Australia’s oldest Greek Orthodox church reopens after major renovations

The Church of Aghia Triada in Surry Hills - the oldest Greek Orthodox church in Australia - has reopened after extensive restoration.