Work to enhance links around Adelaide Riverbank to flow into next phase

adelaide_festival_plaza_art_space_2
Artist impression of Festival Plaza’s Art Space

REDEVELOPMENT of the Adelaide Riverbank precinct will enter its next phase with A$220 million (US$165.5 million) works on the 25,000m2 Festival Plaza commencing in August.

The full project is aimed at making the Riverbank region “the most connected and easily accessible business, events and entertainment precinct in Australia”.

In line with this, the ensuing phase will involve the expansion of existing green space and result in promenades that connect major city streets to the plaza, the Adelaide Oval footbridge and through to the Adelaide Convention Centre.

South Australian premier, Jay Weatherill, imagines the upgrades will see the plaza become “a unique world-class hub for the arts, culture, tourism and entertainment”.

“(The Festival Plaza) will be defined by a number of key places including the new square, the northern promenade, integration with King William Street, the Art Space Plaza, a reimagining of Station Road and a new (entrance) to Adelaide Railway Station,” he said.

Following these developments, two private projects will get underway – a A$430 million office building, retail area and car park upgrade by the Walker Corporation due for completion in 2020 and the A$300 million Skycity Adelaide Casino expansion set to commence end-2017.

Commenting on the overall city redevelopment and its impact on MICE activity, Damien Kitto, CEO of Adelaide Convention Bureau, said: “It eliminates travel time and its associated costs for event planners while providing an exceptionally attractive and full package offering for delegates.”

All Riverbank facilities as well as 3,500 hotel rooms are situated within five minutes’ walk of the Adelaide Convention Centre which sits in the heart of the Riverbank Precinct.

Sponsored Post