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CONSTRUCTION STARTS ON $85 MILLION APARTMENT DEVELOPMENT IN ADELAIDE CBD

Penny Place to create 150 new jobs.

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BUILDER ANNOUNCED FOR $85M PENNY PLACE DEVELOPMENT

Leading national builder Maxcon has been appointed to construct the new $85 million Penny Place apartment development in the Adelaide CBD.

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Why now is the time to invest in Adelaide

With significant investment in public infrastructure, a shifting demand for city apartment living and the vibrant urban lifestyle already on offer, it’s never been a better time to invest in Adelaide, one of the world’s Top 10 most liveable cities.1

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World class architecture, local appreciation

Locals know there is nothing quite like living in Adelaide. That’s why, when Woods Bagot’s homegrown team was tasked with designing Penny Place, they knew it had to be something special.

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Welcome to the ultimate urban lifestyle

Adelaide has made a name for itself as a foodie’s paradise. Boasting beautiful weather and a vibrant, hip laneway scene, the city is home to an array of fantastic cafes and restaurants – promising a diverse range of cuisine made with fresh and flavoursome local produce.

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Woods Bagot on ‘smart design’

“We did a lot of research before we even started drawing, to help us define what we actually mean by ‘smart’ – but also to define what we’ll really be bringing to Adelaide in terms of value.”

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Adelaide: where culture comes first

Fondly regarded as the ‘festival city’, Adelaide has earned its place as one of the most vibrant and eclectic cultural hubs in Australia. This is a place where appreciation for food, arts and culture is custom, and where great-weather year-round makes exploring the tree-lined streets delightful.

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Penny and Kodo: a tale of two buildings

Designed by Woods Bagot, Kodo is set to be Adelaide’s tallest residential tower – rising over 103 metres. Comprising of 202 one, two and three-bedroom homes, complete with sky garden, this bold, uber-contemporary addition to Adelaide’s skyline has set a new benchmark for apartment living – and high expectations for Flagship’s latest project.

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