How to Identify Market Opportunities For Business Growth

A long-vacant Adelaide CBD site that once housed the Franklin Street bus terminal is poised for a major mixed-use development that is set to be home to 1,000 people by the end of the decade.

The City of Adelaide, which currently owns the site and has been using it as a temporary overflow carpark for the Central Market, has chosen the state government’s urban redevelopment arm Renewal SA to deliver the twin-tower project, which will comprise 392 apartments, a 208-room hotel, office space, retail space and a food and beverage precinct.

Renewal SA plans to partner with a private developer to bring the project to fruition to meet the city council’s objectives of bringing higher-density residential development to the CBD to cater for a broad demographic.

Read More: https://www.businessnewsaustralia.com/articles/vacant-bus-station-site-earmarked-for-adelaide-cbd-s-first-btr-project.html