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Mawson Lakes set to get $30m high-rise apartment complex

AN EIGHT-storey apartment complex featuring million-dollar penthouses, cafes, offices and a multi-level carpark, is planned for Adelaide’s north.

An artist’s impression of the $30 million Emperor Living complex planned for Mawson Lakes
An artist’s impression of the $30 million Emperor Living complex planned for Mawson Lakes

AN EIGHT-storey apartment complex, featuring million-dollar penthouses, cafes, offices and a multi-level carpark, is planned for Mawson Lakes.

Barbaro Builders and Developers lodged plans for the 29m-high building, on the corner of Metro Parade and Main St, with Salisbury Council this month.

The company said the project was worth about $30 million and would feature 63 apartments, four penthouses, five office spaces and seven restaurants or shops.

TELL US BELOW: Can you think of a taller residential building in the north?

The apartments would be a mix of two and three-bedroom homes and range in price from $300,000 to $380,000.

The penthouses would cost about $1 million each.

The company’s managing director, Frank Barbaro, said it was an exciting project for the north and construction would start as soon as possible, subject to building approval.

“It will be a fantastic injection of activity, especially in Mawson Lakes which has slowed in past years,” Mr Barbaro said.

“It will bring more people to the area, create jobs and get people coming to Mawson Lakes for a reason.”

Mr Barbaro said about 150 jobs would be created during construction.

He said many more would be created once it was built and he already had interest from companies looking to set up shop on the ground floor.

He said the project, known as Emperor Living, was designed to feel like a five-star hotel.

“You’ll have clear views of the hills and coast, cafes and restaurants to visit down stairs and access to parks and public transport.”

He said 20 apartments had been sold off the plan, thanks largely to buyers taking advantage of the State Government’s $8500 construction grants which ended on December 31.

Mr Barbaro said the project would give a boost to the building industry but he called on the new State Government to reinstate the construction grants.

“You give people enough incentives and they will take advantage of it, which gives a flow-on effect.”

Salisbury Mayor Gillian Aldridge said the plans looked exciting and, if approved, would give a boost to the northern suburbs.

“It will create jobs, be classy and enhance an already great area in Mawson Lakes,” Ms Aldridge said.

“I’m pretty excited by it, the area has nothing like it at the present time.”

Barbaro Builders and Developers is also building 16 houses in Brahma Lodge and 54 others across Adelaide.

TELL US BELOW: Can you think of a taller residential building in the north?

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Original URL: https://www.news.com.au/finance/real-estate/mawson-lakes-set-to-get-30m-highrise-apartment-complex/news-story/bdca9e2af80fb0becc55058e096df7c9