Chasecrown breaks ground on $120m Parkline apartment project in Kent Town

A $120m apartment project in Kent Town has broken ground, offering some of the most luxurious apartments outside of the CBD. See the plans.

Artist's impression of an apartment at Chasecrown’s $120m Parkline development in Kent Town. Picture: Supplied by Chasecrown

Construction of a $120m apartment project in Kent Town has commenced, offering some of the most luxurious apartments outside of Adelaide’s CBD.

The development on Dequetteville Tce – between King William and Little Rundle streets – will rise 12 storeys and feature 61 apartments.

Around 80 per cent of the apartments have already been sold off the plan, with the final release of some of the more premium apartments on the higher levels still available at prices ranging from $1.3m to $5.1m.

Developer Chasecrown has selected national building company Multiplex to complete the build.

Chasecrown director and project architect Louis Kanellos said the apartments would offer buyers uninterrupted views of either the east parklands, city or hills.

“You can’t live any closer to the Adelaide CBD without living in the city itself. It offers the best of both worlds, combining urban living with city convenience,” he said.

“We’ve taken full advantage of this unique location overlooking the parklands, close to services and within walking distance of the restaurants, cafes and shops in the city’s East End

and Norwood Parade.

Artist's impression of Chasecrown’s $120m apartment building in Kent Town. Picture: Supplied by Chasecrown

“The market for new city-fringe apartments remains strong so we’re anticipating high demand for this final release.”

The all-electric building is capable of net zero operation, thanks to a 7-star average apartment energy rating and a power system that can avoid the use of fossil fuels for heating, cooling, hot water and cooking appliances.

Other environmentally friendly design features include a naturally ventilated carpark with “green walls” to reduce energy consumption, an extensive solar array supporting the building’s communal energy consumption, infrastructure supporting individual electric vehicle charging stations and home automation options.

Mr Kanellos said Chasecrown was also investing in the surrounding area by removing power lines to King William St and activating the street frontages and laneways with landscaping and green walls.

“We placed a high value on contributing to the ongoing regeneration of Kent Town and recognition of the precinct’s local character and proximity of the city,” he said.

The project, known as Parkline, secured planning approval in March 2022.

It is one of the first major apartment projects in Kent Town since Palumbo’s $70m East Park development on an adjacent site north of the Chasecrown site.

That complex was completed in late 2017.