A bold partnership between the State Government, the City of Adelaide and community housing providers Junction and Unity Housing will deliver one of the biggest ever housing and mixed-use developments in the Adelaide CBD.
The landmark City East urban renewal project will transform Adelaide’s eastern precinct with the construction of four towers of up to 39 storeys which will host a world-class community precinct comprising of more than 700 homes, a hotel and retail destinations.
The announcement of the project coincides with a national Expression of Interest process which opens next week, calling for development groups to partner on the delivery of the $900m precinct.
Situated in a significant city zone landholding of almost 8,000sqm between Pirie and Flinders St, the super-site is in the heart of Adelaide’s cultural, civic and education and commercial precincts.
The concept masterplan includes:
- More than 700 apartments, including 200 affordable housing outcomes
- A 200-room hotel and other commercial/office space opportunities
- High-quality public realm and greenspaces connected to new vibrant laneways through the precinct
- Prominent activated street frontages to Pirie Street and Flinders Street
City East will deliver high quality homes for key workers and lower income households and will provide an opportunity for people to live closer to where they work and be part of a thriving community in the city’s dynamic eastern corner.
The announcement of the project complements the State Government’s recent policy changes to increase building heights in the CBD, as well as the commitment of a $500 million guarantee fund to support more housing in the city if re-elected.
City East will offer all the benefits of CBD living; close walking distance of the East End, key cultural destinations and community services, including shopping, dining and public transport.
The project will open new north-south pedestrian connections and green spaces that tie the precinct together, with activated street frontages and laneway connections to create vibrancy and livability.
The Expression of Interest opens Thursday, 27 November. Interested groups can register their interest through the exclusive Commercial Advisors Alinea Group and Colliers.