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ICD Property Wins $400m Central Market Arcade Approval

ICD Property, the Chinese-backed developer of one of Melbourne’s largest apartment towers, has secured approval for a $400 million mixed-use development at Adelaide’s iconic Central Market precinct.

Construction will commence on the first phase of the Woods Bagot-designed project, which will comprise three towers across the prominent 8,500sq m site, in the second half of the year.

“The investment provides a unique opportunity to build on what people already love about the market district”

Sandy Verschoor, Adelaide Lord Mayor

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