Global construction firm Multiplex has been selected to manage the $400 million redevelopment of the Adelaide Central Market Arcade.
Construction on the project, known as Market Square, will commence in June, and will include an expanded retail precinct, seven-level office tower, childcare centre, luxury apartments and high-end hotel.
ICD Property managing director Matt Khoo said minimising disruption to traders would be a major focus during construction, which was expected to take about three and half years to complete.
“As an Australian-established company with global experience and top green credentials, Multiplex was a perfect fit for Market Square,”
– Matt Khoo, ICD Property managing director
“We are acutely aware of the need to ensure all Central Market customers continue to feel welcome, and are working closely with the entire project team and ACMA (Adelaide Central Market Authority) to ensure any potential impact is minimal.”
Sydney-based Multiplex is currently undertaking a series of high profile construction projects across the world, including in London, Toronto, Glasgow and across Australia.