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The $400m Adelaide Central Market Arcade redevelopment has been approved by the State Commission Assessment Panel, with construction set to begin later this year.
Local
The SA Housing Authority says the proposed $400 million redevelopment of the Central Market Arcade has not met government rules for affordable housing, with the project set to go before the state’s peak planning body this week.
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Prominent developer and newly-appointed Central Market Authority chair Theo Maras has promised traders and customers that he will do “everything that’s humanly possible” to ensure the market continues to prosper while major construction occurs at a neighbouring arcade – despite warnings from his predecessor.
Central Market traders are bracing for years of disruption once work begins on a $400 million overhaul of a neighbouring arcade, the outgoing market chair has warned, despite the Adelaide City Council describing the construction impacts as “short-term”.
The Adelaide City Council ignored its own building requirements when it approved a $400 million redevelopment of the Central Market Arcade, a councillor claims.
An Adelaide City councillor has demanded that the council release the full cost of the Central Market Arcade redevelopment, despite it asserting that its own budgeted ratepayer-funded contribution to the project is $28 million.
Adelaide City Council was warned that it could breach its own debt ceiling before agreeing to proceed with a $400 million redevelopment of the Central Market Arcade.
