Theo Maras lodges plans for apartment complex near Rymill Park
Adelaide developer Theo Maras has lodged new plans for a multi-million dollar apartment complex overlooking Rymill Park – this is how it should look if approved.
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A high-profile Adelaide developer wants to build a $27 million luxury apartment building overlooking Rymill Park as his “legacy” to Adelaide’s East End.
Rymill Park Apartments Pty Ltd – a collaboration between developer Theo Maras and James Arsenikakis – has lodged plans with the State Commission Assessment Panel for a 16-storey building with 38 apartments.
The development would crown Mr Maras’s career, which started in the 1970s, and continue his commitment to reviving the city’s East End.
“The design, the quality and everything about this project is high quality,” Mr Maras said.
“It is (my) long-term legacy.”
On the southeastern corner of Hutt St and East Tce, it would replace a two-level office building and include 56 parking spaces, a penthouse, conference room, common lounge and rooftop garden.
There would also be a cafe “more akin to a coffee/dessert bar than a restaurant in a traditional sense”.
Prices would range between $700,000 and about $4 million.
In a report to the panel, South Australian Government architect Kirsteen Mackay supported the applicant’s “aspiration” to deliver a high-quality residential development.
“The site’s key location within the City of Adelaide presents a rare opportunity and I am of the opinion that any development on this site has a responsibility to deliver a high benchmark for design,” she said.
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Mr Maras has led the transformation of Adelaide’s East End and sits on the Eighty-Eight O’Connell Development Project Reference Group, an Adelaide City Council board.
His plans, originally deferred by the panel May 2018, are out for community consultation.
Submissions close on Friday.
The State Commission Assessment Panel has been contacted for comment about when the plans will be assessed.
