A proposed mixed-use development just outside Adelaide’s CBD could rise to eight storeys, featuring 300 dwellings and 1,000 sqm of ground-floor retail space.
The site, located at 12-22 Richmond Rd, Keswick, was previously planned for a glass-walled office complex by local developer Maras Group. However, a rezoning request is now under consideration to allow for a larger, more diverse project.
Project consultant Future Urban outlined that, if approved, the new development would include an affordable and social housing component.
Senior consultant Belinda Monier noted that the site would offer convenient access to the Adelaide Showground train station, bus stops, and nearby parklands, with potential views of the CBD and the sea.
High-profile businessman Theo Maras, along with James Arsenikakis of Cambridge Private Capital, has joined the venture. The location is situated near the Urban Corridor zone along Anzac Highway, an area that has seen significant residential development in recent years.
Currently, the site houses a two-storey office block next to the SA Power Networks tower and across from the Emergency Services Headquarters. No formal design plans have been submitted, and the decision timeline from PlanSA remains unclear.
Source: The Advertiser.
