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.
Adelaide City Council has narrowed down a developer to construct a new Central Market Arcade, traders and a councillor claim, amid concerns shop owners have been left in the dark over plans to expand the ageing precinct into a multi-million dollar shopping centre and high-rise building.