Jobs boost for SA as SkyCity commits to $330 million expansion

04 August 2017

SA Government: Another milestone has been reached in the redevelopment of the Festival Plaza precinct with SkyCity Entertainment today committing to a $330 million expansion of the Adelaide Casino.

This is the final component in the transformation of a long-neglected space into a world-class destination in the heart of the Adelaide Riverbank’s entertainment precinct.

SkyCity’s $330 million development will include a boutique hotel, new signature restaurants, bars and cafes, a rooftop bar and function spaces for up to 750 people for conferences or events.

In a show of confidence in South Australia’s booming tourism sector, SkyCity has decided to increase the number of hotel rooms in the development from 89 to 123, adding an additional level to the plans for the expanded building.

The development will support 1000 jobs during construction and create 800 jobs when complete.

Construction on the expansion of the Adelaide Casino will begin in early 2018 and is expected to be completed in 2020.

Works to refurbish the Adelaide Festival Centre, upgrade the northern promenade and to lower Festival Drive, separating pedestrians from vehicles are already underway.

Background

The Adelaide Festival Plaza is being redeveloped to turn one of the city’s premier locations from a long-neglected space to a revitalised focal point for our city.

SkyCity Entertainment’s development will be a key feature in the Festival Plaza redevelopment, which also includes a $500 million investment by Walker Corporation for a new commercial and retail development and a $180 million State Government investment in a new plaza and refurbishment of the Adelaide Festival Centre.

The $500 million Walker development is due to get underway later this year and will include a 40,000 square metre office tower, a new underground public carpark and a retail precinct.

All together the Festival Plaza projects are worth more than $1 billion and are expected to support about 2500 jobs during construction.

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Source:  South Australian Government - www.premier.sa.gov.au

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