Construction work has commenced on Adelaide’s tallest tower, the 132-meter Realm Adelaide.
Designed by Elenberg Fraser for private Sydney-based developer Parallel Property, the AUD$200 million (USD$157 million) tower is being built by Maxcon, a Melbourne-based construction firm.
Offering 320 apartments over 40 levels, Realm Adelaide will be located in the Adelaide central business district’s eastern end. According to South Australian Premier Jay Weatherill, the project will create 1,800 jobs during construction.
Realm Adelaide will feature 102 one-bedroom, 198 two-bedroom, 18 three-bedroom apartments, and two four-bedroom double-story penthouses, as well as two wellness and entertainment retreats.
The tower is being built above the existing Renaissance Arcade, which will undergo a makeover during the development, becoming a fully integrated dining and retail precinct.
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