Ground officially broke on the AU$100 million (US$75 million), 30-story Kodo apartment development on Angas Street in the Adelaide central business district. Developed by Flagship Property Holdings, Kodo is designed by Woods Bagot and will be built by Australian construction company Watpac, who completed demolition of the site earlier this month.
South Australian Deputy Premier John Rau was present during the ground breaking on the project. Flagship CEO Steve Wise said the delivery of Kodo will add further vibrancy to the city CBD and Victoria Square precinct. “We’ve always said that Kodo will become an iconic feature on the Adelaide skyline, and now it’s time to deliver,” Wise said.
He anticipated construction will be complete and ready for people to move in by the end of 2018. “Having assembled an outstanding project team which has put in an enormous amount of work, it’s great to reach this point of the project and see the builders on-site and construction underway,” he said.
“Our vision for Kodo is about to become reality, which is not only great news for our buyers, but a real vote of confidence in the broader Adelaide economy, including an estimated 250 local jobs during the construction period.”
Located at 29 Angas Street near Victoria Square, Kodo will include a four-level podium, which will incorporate car parking, bicycle parks, and residential apartments.
On the top floor of the podium, an exclusive resident “sky garden” will be established, with landscaped entertaining and recreation areas, as well as surrounding apartments with mezzanine floors and generous private terraces. Additional one-, two-, and three-bedroom apartments will then rise up another 26 levels, offering sweeping views towards the Adelaide Hills and coastline.
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