Developer, Theo Maras, calls for a new vision for future development across Adelaide

·

South Australian property mogul and developer, Theo Maras, has called for the state government “to set out a new vision for future development across Adelaide.”

In an opinion piece for The Advertiser, Mr Maras criticises the lack of a “clear planning vision” for Adelaide since 2017, when the government updated its ’30-Year Plan for Greater Adelaide’ to respond to population growth and high-density development.

READ MORE: Theo Maras: “Give selflessly, be passionate, go on with your vision”.

“We are told the state is committed to a more compact urban form and managing growth within our existing footprint. In simple terms, an ambition that would see Adelaide grow up rather than out,” Mr Maras writes.

SA developer, Theo Maras.

“Yet this appears to merely pay lip service to seriously planning for Adelaide’s future.”

READ MORE: Theo Maras calls for greater help to prevent hospitality industry from crumbling.

Mr Maras gave a number of examples of where development has already gone wrong in the capital city, including “the parochial, emotional debate about the Riverbank precinct.”

“We are told the Riverbank precinct is an integral part of Adelaide’s identity. Yet a range of proposed zoning-and-policy changes are being considered in isolation to a holistic plan,” he writes.

READ MORE: Theo Maras shares plans for new Adelaide Central Market.

The Riverbank precinct.

“Even as a developer, I believe our unique Adelaide parklands must stay sacrosanct. It is an invaluable public asset, like Central Park in New York or Hyde Park in London.”

To break this negative development cycle, Mr Maras suggested a “holistic planning review” is needed “that starts with industry and better defines our economic hubs, including in the regions.”

READ MORE: The Maras family control some of the most valuable real estate in Adelaide’s East End.

“Now is the time for the government to step up and map out SA’s future. We are already Australia’s most liveable city. Let’s make SA the nation’s best-planned state,” he concludes.

Source: The Advertiser.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

The power of scrap paper: A soldier’s Battle of Crete journey resurrected

Anthony’s journey into the stories of Crete’s wartime past began with a discovery linking his family to the Greek-ANZAC alliance of WWII.

Sydney’s best Greek restaurants for an authentic Mediterranean feast

Sydney’s Greek dining scene is thriving, offering everything from classic souvlaki to elevated Mediterranean feasts.

Andrew Cochineas sets Mosman record with $50 million mansion purchase

Andrew Cochineas and his wife Lisette have emerged as the buyers behind Mosman’s record-breaking $50 million mansion sale.

Greece unveils its first humanoid robot for factory work

Greece has taken a step into advanced robotics with the creation of the country’s first domestically developed industrial humanoid robot.

Pontic Greek genocide to become part of Cyprus school curriculum

Public schools across Cyprus will officially teach and commemorate the genocide of the Pontic Greeks.

You May Also Like

Savers to benefit as Bank of Sydney passes on rate increase to savings products  

In response to the RBA’s cash rate increase, Bank of Sydney has today announced a 0.25% rise to its variable savings account interest rates.

Tom Koutsantonis MP encourages locals to embrace Thebarton Hellenic Festival

Hellenic culture will be celebrated in Adelaide’s west, with the Thebarton Hellenic Festival returning this weekend.

Pierre Georges and Andreas Erotocritou face court following Adelaide drug bust

Two men have faced court following a substantial drug bust in Morphett Vale, Adelaide where police uncovered a significant amount of drugs and cash.