Construction on a housing development and car park at one of Adelaide’s most sought-after city-fringe locations is set to kick off next month.

Work will begin on 80 affordable rental apartments and four market sale terraces on Third Street at Bowden, directly opposite Plant 4, on one of the few remaining development sites within the precinct.

A total of 221 car parks will be built as part of the complex, with a minimum of 170 publicly accessible.

The project is being delivered as a partnership between the Federal Government through funding under Round One of the Housing Australia Future Fund Facility (HAFFF) and the State Government through Renewal SA.

The 12-storey building will feature a mix of studio, one- and two-bedroom apartments, including a range of specialist disability accommodation and 1,100sqm of retail and commercial space on the ground and first level.

The development was designed for Renewal SA by ARM Architects, one of Australia’s leading architectural firms, and will be constructed by South Australian builder Hindmarsh.

The State Government will be seeking a community housing provider to operate the affordable apartments, which will be rented to eligible lower-income tenants at 75% of market rent.

Artist impressions reveal an industrial-style design featuring rustic red bricks covered in greenery, tall peak rooflines, communal rooftop gardens and prominent art-covered walls.

Designs also include ground floor and mezzanine-level retail or commercial tenancies, a seventh-floor open space garden area for residents and work is underway to secure an Australia Post parcel locker as part of the building.

The project includes redevelopment of the adjacent Field Street Laneway, enhancing a key pedestrian route through the precinct, Plant 4 and nearby train station.

Early concepts show the use of reclaimed bricks salvaged from the site’s former Clipsal factory, repurposed into pathways featuring First Nations artwork, tree canopy and overhead festoon lighting.

The development is targeting first residents’ occupation in 2027.