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Artist’s impression of a $15 million apartment project at 187 Hutt St, Adelaide. Image: Enzo Caroscio Architecture
The revival of Hutt’s St’s as an up-and-coming residential neighborhood is gaining momentum as developers unveil plans for a new $15 million luxury apartment project on the Strip.
Located next to the Latteria restaurant bar between Carrington and Halifax streets, the four-story project will include eight apartments priced between $965,000 and $3.5 million, as well as a ground-floor storefront.
Construction is expected to begin later this year and take approximately 12 months.
Kosta Koutsonas, director of structural steel and engineering firm Samaras Group, is developing the project privately with local business partner John Tsianos.
Mr Koutsonas said the small number of apartments within the building would likely be attractive to downsizers.
“If you want to live in a luxury apartment, you usually choose a building with so many neighbors. That’s something different, something special,” he said.
The development will include a café, restaurant or other hospitality or retail tenant on the ground floor. Image: Enzo Caroscio Architecture
“Residents will have seven neighbors throughout the building. No hallways, no elevator lines, no lobby full of people you’ll never meet. That’s the difference and something downsizers want.”
“There is a real need for modern city living at this scale and almost nothing is being built to meet that need.”
Known as London, the project – inspired by the London plane trees that line Hutt Street – replaces the former Acacia Arts studio, which was demolished to make way for construction.
Architect Enzo Caroscio of Enzo Caroscio Architecture said the width of the houses would make a difference compared to other housing in the city.
The website in its current state. Image: Included
“Fourteen meter frontages for each apartment facing Hutt Street is something so rare,” he said.
“Width conveys things that buyers feel but can rarely name. Light in the center of the house, real separation between living and sleeping, outdoor areas for work and views over the hills and city.”
The developers said several groups have already expressed interest in operating the ground-floor rental property, including wellness operators and small wine bar and hospitality operators.
London is the latest in a series of new housing projects completed or planned for Hutt St, including Fortis and Otello’s $90 million proposal for a former Caltex petrol station site and a recently completed six-storey affordable housing project by the SA Housing Trust.
– by Giuseppe Tauriello
