The Port Adelaide master plan has been released and identifies potential investment in the Port of more than $1b in investment.
The developments are planned to take up 23ha of the 40ha of land the government put on the market in May last year and include Dock One, Port Approach (South), North West, Fletcher's Slip and Cruikshank's Corner.
The proposal identifies the potential for more than 350 construction jobs a year and up to 2,000 ongoing jobs. The maximum building height across all precincts will be five storeys, with the exception of the existing seven-storey former Marine and Harbours building which will be retained.
Government land sale agency, Renewal SA, will work with the two residential developers, Starfish Development and York Civil, and the local community to develop two master plans over the next six months, which will be presented to the Government for consideration. An artist's impressions of the Port Adelaide waterfront development by Starfish Developments.
Dock One is the first stage of Starfish Developments' project in the east of the inner harbour.
The development includes 280 homes, predominantly two and three-bedroom townhouses, and spans 3.58ha.
The former Marine and Harbours building will be refurbished and will feature 36 homes, small offices and shops, a community garden and observation deck with an outdoor cinema.
Port Approach (South) is stage two of Starfish Developments' projectin the east of the inner harbour.
The 4.95ha site will include 480 homes, with 20% to be affordable housing as well as a central public park and a dockside piazza for community events.
The North West and Fletcher's Slip projects will be developed by Cedar Woods.
North West spans 12.6ha and includes 500 homes, two-thirds of which will be two-four storey townhouses and more than 15% will be affordable housing.
Cedar Woods' development includes a public promenade, park and plaza as well as the refurbishment and re-use of the heritage buildings in Fletcher's Slip. The precincts include more than 1km of river frontage.
Fletcher's slip and buried slip will be retained with a new shared path and interpretative trail and improvements will be made to the existing boat slip at the north-western corner of the wharf.
Cruikshank's Corner includes the refurbishment of the vacant former Department of Primary Industries and Regions, South Australia building which spans 8,000sqm.
The developer, York Civil, is set to commence building this year. Part of the project involves improving surrounds with new landscaping and car parking.
York Civil is also building a five-story building within four years, which the company will use as its national headquarters for up to 500 people.
These developments follow a number of initiatives by the government to revitalise the Port including:
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Source: SA Government, Adelaide Now