$150 Million Proposal for Adelaide’s Chinatown

ADELAIDE’s Chinatown precinct is set for a $150 million residential and commercial project.

A joint venture between listed solar energy firm Advanced Energy Systems and Chinese property group Tangcheng Group is proposing a six-storey, 300-unit apartment project for the 171 – 207 Gouger Street site.

The majority shareholder in AES is billionaire Chenghui Xu, the AFR reports.

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