A new partnership between two leading South Australian companies will deliver the next phase of the Bowden development, constructing up to 200 new apartments close to the city.

Development and Advisory and the Build Tec Group have been selected through an expression of interest process to develop the largest parcel of land released so far at Bowden, with construction expected to start mid-2016.

The 5,000sqm site will accommodate four or five buildings of between four and eight storeys, employing up to 200 workers at the peak of construction and up to a further 600 through the supply chain.

Developer and Advisory is a leading property developer and was responsible for overseeing the redevelopment of heritage listed Electra House in King William Street.

Build Tec is a developer and builder with experience in a wide range of residential, commercial and industrial projects, including Nexus Apartments at Bowden.

Development & Advisory Managing Director, Ben Yates, said they are excited to be part of the leading development.

“Bowden is delivering a lot of value to people buying now with key infrastructure being delivered in the next 12 months, including a new town square and a retail precinct in the Plant 4 building by the operators of the highly regarded Market Shed on Holland,” Mr Yates said.

“We’re excited to be involved with the regeneration of Bowden, which is setting a new standard for development in Adelaide.

“Our apartments will continue to deliver the highest quality in design, something people have now come to expect when buying property there.”

The $1 billion Bowden development will see the construction of more than 2,400 homes for approximately 3,500 new residents over the next 10–12 years.