ADELAIDE’S highest home is up for grabs as the state’s tallest residential building officially hands over the keys tonight to more than 400 new residents.
Deputy Premier John Rau will oversee the official opening of the $100 million, 28-storey Vue apartments at the southern end of King William St.
The 85 metre high building — which has a $2 million, level 27, three bedroom penthouse for sale still — has gone from breaking ground to completion in just 20 months and residents will move in over the next few weeks.
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READ NOWDamon Nagel from Starfish Developments which, in conjunction with Melbourne’s Asian Pacific Group — is behind the project, said Vue was another sign that Adelaide is continuing to mature as an attractive place to live as well as work and play.
“The vision for the project was bold, and I’m delighted to see that brave, innovative developments are possible in Adelaide,” Mr Nagel said.
“If we want to encourage people to live in the CBD then we must create unique, distinctive projects where people see the real benefits of a move from the suburbs to the city.”
The building boasts a six level podium, recessed level 7 roof top garden, pool deck and recreation centre and 22 level glass frontage.
Mr Nagel said Vue was one of the first projects to take advantage of the state government’s pre-lodgement and design review process and was the first significant residential project to commence construction following introduction of CBD planning reforms.
The building was designed by leading architects Woods Bagot and led to the creation of 200 jobs during construction.
Jono Kaitatzs, who runs the nearby Market Shed on Holland, said proximity and the quality of his new, two bedroom apartment won him over.
“I’ve always lived in the city and work will just be two minutes away. I’m on level 18, it faces the city but if you look to the left you can see the beach and you can also see the hills to the right.”
The first residents to move in will be lower floor buyers said Mr Nagel, an orderly process to ensure all floors remain clean.
The demographic will be wide he said.
“There are singles and couples and a lot of people downsizing from the suburbs to the CBD.
Around half have not lived in the CBD before, which is good news for the government policy of increasing the CBD population.”
A lot of people bought because of the design, the all-glass, see-through curtain wall construction enabling views from all floors he said.
A ground floor restaurant and bar, “really cool” said Mr Nagel, is expected to open late next month.
