News & Developments: Prospect

[baytram366]

I wonder if the neighbouring railway station will then be upgraded to compliment the new housing development. I doubt it though...

[ChillyPhilly]

UnitingSA are constructing a new affordable residential development in Prospect.

https://indaily.com.au/news/2023/01/24/ ... n-prospect

[RoiMartel]

The Harrington Apartments on Prospect Road is selling its penthouse for $1.47M!!

https://www.realestate.com.au/property- ... -134584394

That seems a bit rich considering you could buy a pretty nice house just around the corner for that price...

This is one of the nicer developments.

Demolition of existing structures has commenced for this development

[EBG]

Work has commenced on the Harrington 73 Prospect Rd. pictures 1/7/2023 .

[rev]

The former to-be Kaufland site

Construction of affordable homes and rentals at Prospect to begin by end of year

Posted 20h ago20 hours ago, updated 20h ago



The state government says South Australians looking for affordable homes and rentals will be able to move in to a new development in Adelaide's inner-north from 2025.

Renewal SA announced the $80 million project on the corner of Churchill and Regency Roads at Prospect almost two years ago, with work due to start by the end of this year.

The state government said a minimum of 27 of the 108 townhouses will be affordable to buy, while a minimum of 72 apartments would be leased to eligible tenants at less than 75 per cent of market rate, subject to federal funding.

Couples or families earning $130,000 or less, or single people earning $100,000 or less, will be eligible to buy the affordable townhouses.

The government said the current price point for affordable homes in the greater Adelaide area was $417,000 to $479,000.

Ben Griffiths welcomed the announcement for more affordable housing in the inner suburbs.

Mr Griffiths said he and his partner had been looking to buy a home for the past couple of years and said the struggle had caused "a lot of heartache and strife".

He said there were "not a lot of options" in their budget of under $400,000 in an "incredibly tough" market.

"We're looking to try and get in anywhere, and it's not easy," he said.

Minister for Housing and Urban Development Nick Champion said the project was the latest in a string of housing initiatives announced by the state government this year as the housing affordability crisis continues.

"We are in a housing crisis and a housing emergency and it's an economic, social and moral challenge for the whole of society," he said.


Last week, the government announced 161 affordable homes and 25 affordable rentals were to be built at Munno Para, in the state's north.

It follows a number of land releases announced by the state government this year, including the construction of properties at Aldinga, Noarlunga Downs and Golden Grove.

Premier Peter Malinauskas said his government remained interested in developing large parcels of land around Adelaide to address the housing shortage.

He said sites including the Keswick Barracks and the former West End Brewery at Thebarton were on Renewal SA's radar.

He said the state government were in "active negotiations" with the federal government over the Keswick Barracks with the idea of creating a "thoughtful urban renewal project with a keen eye on affordable housing".

"We think the Keswick Barracks site is under-utilised," he said.

"It is a highly valuable site close to the CBD, immediately adjacent [to] high quality public transport infrastructure.

"We want to get it and we're in negotiations with the federal government to achieve that."

He said the site of the former West End Brewery, which announced it was closing in 2020, was likely "of interest to a number of players".

"The West End site is undoubtedly a really significant and strategically important parcel of land," he said.

https://www.abc.net.au/news/2023-09-10/ ... /102837598

[ChillyPhilly]

Townhouses? What a waste of prime TOD land.

[A-Town]

Mali doesn't like TODs. Surprised he's not building a giant car park here!

Nevertheless, good to see something finally happening with this site.

[Eurostar]

Townhouses? What a waste of prime TOD land.

Apartments would be ideal but maybe Government wanted to avoid nimbys objecting to high rises

[ChillyPhilly]

Townhouses? What a waste of prime TOD land.

Apartments would be ideal but maybe Government wanted to avoid nimbys objecting to high rises

Apart from the south, there is no neighbouring residential land.

[flat04]

You just can't build high rise developments at that price point any more.

[Patrick_27]

Both major parties have committed to building a Prospect High School to cater for the on-going demand that's putting pressure on the Adelaide Botanic HS and Adelaide High School, this is the ideal location for it, both in size, road and public transport access. It seems strange that both parties have scratched their head over this issue of a local high school with the mindset: "We would build it, if we knew where!"

[[Shuz]]

If that's the case I certainly would prefer a high school here than apartments.

[rev]

If that's the case I certainly would prefer a high school here than apartments.

There's plenty of room on Days Road near the Regency Road intersection for a new high school, although I think I've seen or heard of plans for shops and/or housing?
If they moved on those businesses there except the Bridgestone, which all look derelict anyway, that's over 100,000sqm of land.
But otherwise, that large empty block there is about 30,000sqm of empty unused land in the middle of suburbia, only slightly smaller then the land at Prospect.
Perfect for either a new school that they apparently want to build somewhere, or more housing.

What takes precedence next to the train line, a new school or a new housing development?
Is it more important that kids catch trains to/from school, or more important that workers potentially in the city catch a train to/from the city. Interestingly as you know, the old tram line used to run down Torrens Road, less then 1km away.

Personally I think the housing development should go at Prospect, and any potential new school at Croydon Park on Days Road as there's buses that run down Days Road, buses having a wider reach.

[Ben]

Huge new development proposed for Prospect Road

https://plan.sa.gov.au/have_your_say/no ... n?aid=7117

[rev]

Huge new development proposed for Prospect Road

https://plan.sa.gov.au/have_your_say/no ... n?aid=7117

Wasn't there meant to be a development down the road on the corner of Prospect and Regency roads?