Multiplex has been given the job of building the Central Market Arcade redevelopment which will include 210 apartments and a hotel, with work set to begin in June.
The project will also feature new retail spaces and a seven storey commercial office tower.
Adelaide Lord Mayor Sandy Verschoor declared the appointment a major milestone for “one of Adelaide’s most important projects”.
“We are very proud to be working alongside project partner ICD Property, as well as the Central Market, the Adelaide Central Market Authority – and now Multiplex – to bring this project to life,”
– Adelaide Lord Mayor Sandy Verschoor
“Market Square will generate a welcome boost for the economy and celebrate the best of South Australia creating a new cultural precinct for us to work, play, and visit.”