Redevelopment Of Dock 1 At Port Adelaide Gets Underway

Redevelopment Of Dock 1 At Port Adelaide Gets Underway

South Australia Minister for Housing and Urban Development Stephen Mullighan

Green Light For $280 Million Private Investment In Port Adelaide Waterfront

Victor P Taffa

Construction has begun on the redevelopment of Dock 1 at Port Adelaide into a thriving residential, commercial and tourist precinct, after contracts for more than 21 ha of waterfront land were finalised.

State Government has accepted offers from Starfish Developments for the Dock 1 and Port Approach sites, and Cedar Woods for the North West and Fletcher’s Slip precincts.

“Development of these prime waterfront sites will rejuvenate the Port, attracting thousands more people to live, work and visit this historic maritime precinct.” Minister for Housing and Urban Development Stephen Mullighan said.

“This is a vote of confidence in the Port with almost $300 Million in private sector investment, building on the significant investment both the Government and other private businesses and investors have already made in the precinct.”

Together the proposals are expected to generate more than $280 Million in private investment and deliver approximately 1,150 new homes for up to 2,600 new residents.

Construction has started on the first stage of the Starfish Developments proposal at Dock 1, with major contractor McMahon Services working on site preparation under Stage 1.

“In recent years the transformation of Port Adelaide has been amazing with new businesses and events bringing more and more people to the area, and soon more office workers.” Member for Port Adelaide Susan Close said.

Proposal also includes redeveloping the Marine and Harbors building into apartments and ground floor retail premises with 650 homes planned for the 7-ha Dock One and Port Approach (South) sites.

Following public consultation, extra open space has been included, while public access to the waterfront will be maintained with a promenade and a pedestrian bridge across Dock 1.

“City of Port Adelaide Enfield is happy to be working with the State Government and Starfish on this unique development, which is a key driver in the revitalisation of Port Adelaide.” Mayor of Port Adelaide Gary Johanson said.

Approximately 500 homes are also planned for the 14-ha North West and Fletcher’s Slip precincts.

Redevelopment includes re-using the Fletcher’s Slip buildings, significant open space and a second pedestrian and vehicle connection from New Port Quays to Semaphore Road.

“Port Adelaide is a unique and special part of the city that has been patiently waiting for its rejuvenation to begin.” Starfish Developments Managing Director Damon Nagel said.

Together the residential developments are expected to support about 250 direct and indirect jobs a year during construction.

“Cedar Woods is very pleased to be purchasing the North West and Fletchers Slip precincts of Port Adelaide. We are confident that it will be an outstanding project in our national portfolio.” Cedar Woods Development Director Patrick Archer said.

Both proposals are staged and are subject to development approval.

Background

Preferred proponents were identified through expressions of interest process before being shortlisted and then entering exclusive negotiations with the State Government.

Maximum building height across all 5 precincts will be 5 storeys, with the exception of the existing 7-storey former Marine and Harbours building which will be retained.

Port Adelaide Precinct Plan identifies potential investment in the Port of more than $1 Billion, including about 2,000 new homes, more than 350 construction jobs a year and up to 2,000 ongoing jobs.

Waterfront developments are part of a broader Government strategy to revitalise Port Adelaide, together with the City of Port Adelaide Enfield.

Other projects and activation programs include:

  • Winterfest, which attracted more than 57,000 people over 10 days in July
  • Wonderwalls Festival, which attracted more than 15,000 people over one weekend in April
  • Moving 500 public servants to work in the Port in a new commercial building, under construction at Nile Street
  • Development of the Hart’s Mill precinct and playground
  • Refurbishment of the Flour Shed and Packing Shed spaces at Hart’s Mill for community and exhibition use
  • New car parking and street upgrades to St Vincent Street and Commercial Road
  • Façade upgrades of historical buildings including the Waterside Workers Hall, the Visitor Information Centre and Customs House
  • Restoration of the Birkenhead Bridge
  • A new cycling and walking loop path around Inner Harbour
  • A new beach at Cruikshank’s Corner
  • New ‘pocket parks’ around the Inner Harbour
  • Assisting new businesses start in existing buildings with discounted rent
  • Purchase of Incitec Pivot site and moving fertiliser storage out of the Port
  • An investment to preserve the tall ships including the One and All and the Falie
  • Supporting the Laneway Festival.