A $400m project to redevelop the Adelaide Central Market Arcade has been approved, with construction expected to start this year.
“win-win for ratepayers and a win-win for council”
– Tom McCready
A joint venture between Adelaide City Council and a property company to spend $400m redeveloping the Adelaide Central Market Arcade has been approved.
In a South Australian-first, the council will recover its $28m contribution towards the project by selling the “air rights” above the arcade, which will be demolished.