SYSTEMBUILT Homes has been selected as the successful developer of the second land release in the $1 billion Bowden development and will build three-storey terrace homes on Seventh Street.
Housing and Urban Development Minister Patrick Conlon last week said the developer secured both available parcels of land on Seventh Street due to the high quality of their submission.
"Systembuilt Homes was chosen following an extensive process by Renewal SA and the Bowden Design Review Panel to ensure the highest architectural standards are met," he said.
In July, as part of the first land release, ACDEV Pty Ltd and Rossdale Homes were selected to build three-storey apartment complexes on Seventh Street, while Scott Salisbury Homes and Rivergum Homes selected to build three-storey terrace homes on Sixth Street.
Mr Conlon said design plans for the first land release are expected to be revealed to the public from early November when off-the-plan sales opportunities are officially released to market.
This month, Renewal SA will call for Expressions of Interest from developers for a joint venture demonstration apartment project on lot 24, the first land release within Stage 2 of the Bowden development.
"The demonstration apartment project will showcase the benefits of apartment living and lead and inspire other builders and developers by way of exemplary urban design, affordable housing and sustainability outcomes," Mr Conlon said.
Purchaser submissions will again be assessed and guided by Renewal SA and the Bowden Design Review Panel.
Situated on the north-western edge of the Adelaide Parklands on the former Clipsal and Origin industrial sites, the Bowden development is South Australia's first large-scale, integrated urban development.
Spanning 16 hectares, the development is ultimately expected to provide more than 2,400 homes for approximately 3,500 new residents over 15 years.