Apartment plan boost for Unley Road

New $80 million development to generate hundreds of new jobs

An $80 million integrated, mixed use development incorporating retail shops and residential apartments has been planned for Unley Road.

Located at 244-248 Unley Road, near Unley Shopping Centre, the proposed multi-storey project will include 23,500m2 of new development works and feature 150 apartments, more than 200 underground car parks for residents and visitors, and a large architecturally landscaped internal courtyard.

Adelaide-based project management group Trice has been commissioned to deliver the development by Adelaide businessman Jonathan Hii on behalf of a group of local and overseas investors.

Designed by Cheesman Architects, the project has been developed in line with the State Government’s 30-Year Plan for Greater Adelaide that provides for more housing opportunities along major network corridors, as well as the City of Unley’s vision for a more liveable and viable urban centre.

Subject to receiving development approval and achieving a required number of pre-sales, construction of the project – which recently passed through the State Government’s pre-lodgement process led by South Australia’s Government Architect – could commence as early as late 2015.

Up to 700 direct and indirect jobs are expected to be created during construction, and even more once the development is completed and the building is fully operational.

Trice Development Manager and Project Leader Ben Ward says the project – which has been in the planning phase for 12 months – provides important private investment in South Australia and will deliver many benefits to the local region.

“This project responds directly to the goals of the State Government’s 30-Year Plan for Adelaide and will provide new, high quality apartment living right in the heart of Unley,” said Mr Ward.

“We are seeing in other parts of Adelaide such as Prospect Road and Norwood Parade how the State Government’s planning policies, together with the local Council’s provision of new infrastructure, have created an environment for a great lifestyle. There is now a fantastic village feel in these areas that makes people want to go there to socialise, to live and do business, and as a result the whole community benefits.

“We hope this project will be a catalyst for something similar to occur in Unley. All the policy framework has been put in place with the State Government and Unley Council setting a vision and facilitating new investment. 

“We are looking forward to attracting more people, more activity and more jobs and build on the vibrancy of this great neighbourhood.”

The project will provide a mix of living options for people of all household types and income levels. The apartments will comprise one, two and three bedroom options, as well as a select number of luxury penthouses with panoramic views to the Adelaide Hills, city and horizons.

Mr Ward said the development would incorporate the latest in environmentally sustainable design initiatives and smart technology for the convenience of residents.

“We think people will appreciate this as a truly unique project of a very high quality, and an outstanding opportunity to buy into one of Adelaide’s most exclusive suburbs,” he said.

“Unley is such a great place to live and just about everything you could want is right on your doorstep, so we think the apartments will be highly sought after.”

FURTHER INFORMATION: Please contact: Ben Ward, Trice Development Manager and Project Leader, on (08) 8232 0655

ISSUED BY HUGHES PUBLIC RELATIONS: Please contact Kieran Hall on 0422 147 151 or kieran@hughespr.com.au