Another milestone reached for $900m Adelaide Festival Plaza redevelopment
The Development Assessment Commission has given Walker Corporation the green light to push forward with their $500 million development at Adelaide Festival Plaza, marking another milestone for the redevelopment of the precinct.
This private commercial and retail development will feature a 27-storey office building with up to three levels of retail space and five levels of car park.
Works on the Walker Corporation development will include the demolition of the existing plaza as well as the car park.
Artist impression of the Walker Corporation development (source: The Adelaide Riverbank)
About the Adelaide Festival Plaza redevelopment
The $900 million Adelaide Festival Plaza redevelopment will feature a new square as well as northern promenade and Art Space Plaza. It will also include a re-imagined Station Road and a new entry to the Adelaide Railway Station.
"The Adelaide Festival Plaza is being redeveloped to turn one of the city's premier locations from a long-neglected space to a revilatised focal point for our city.
"The Walker Corporation's development will be a key feature of the transformation, which also includes a $90m refurbishment of the Adelaide Festival Centre, a new entry to Adelaide Railway Station, a new plaza and northern promenade," said Housing and Urban Development Minister Stephen Mullighan.
The precinct redevelopment will include a $90 million upgrade to the Adelaide Festival Centre and the proposed expansion of SKYCITY Casino.
Artist impression of the Adelaide Festival Plaza redevelopment (source: The Adelaide Riverbank)
The revitalisation of the Adelaide Festival Plaza precinct will be linked to the premier Riverbank attractions such as the Adelaide Oval, Adelaide Festival Centre and Adelaide Casino.
All in all, the projects are expected to generate up to 2,500 jobs during construction and up to 400 on going jobs once operational.
Watch this space for updates on this project and other industry news by subscribing to Felix Project News.
Source: Premier of South Australia
Related Articles
First construction contract awarded for $220m Adelaide Festival Plaza redevelopment
The first construction contract for Adelaide's $220m Festival Plaza redevelopment has been awarded to construction and development company Lendlease.
The contract is worth an approximate $21m, involves lowering Festival Drive, which will separate vehicle and pedestrian traffic and enable direct, on-foot access between the Riverbank Footbridge and Adelaide Railway Station.
Builder appointed, designs revealed for Geelong Convention & Exhibition Centre
Major works on Geelong’s newest convention and exhibition centre take a step closer to commencing following the announcement of a preferred bidder to build the project as well as the unveiling of the proposed designs for the iconic building.
3,000 jobs to be supported by Mernda Rail Extension in VIC
John Holland has been chosen as the preferred builder to deliver the $600 million Mernda Rail Extension in Victoria. As part of this project, three new stations are going to be built which will be used by over 8,000 passengers a day.