The South Australian construction sector will be pleased at the latest news of plans by the government to build a new multipurpose indoor sports area in Adelaide. The proposed building would become part of the Adelaide Riverbank precinct and have a capacity of 15,000 people.
The plans were put in place by the Marshall Liberal Government who were recently reelected to power this year. Preliminary assessments have been conducted by Infrastructure South Australia and Adelaide Venue Management Corporation have been named as the developers of the project.
Premier for the government, Steven Marshall has said the cost of the project will likely be around $700 million Australian dollars, although final costs will be released after construction and technical work feedback at the end of 2021. In a statement to the press he described how “This project will create jobs for South Australians and help cement Adelaide as one of the most liveable cities in the world.”
The all purpose sports area will be built to the west of the Morphett Street Bridge, providing easy and efficient transport connections to people in the surrounding areas. The Adelaide Convention Arena will be connected to Morphett Street by a directly linking underground tunnel.
The area is multifaceted in its uses for the community, and in addition to sports such as netball, tennis and other court sports, it will also hold musical concerts and business conventions. There will also be an increase in exhibition space by 5,600 square metres.
Premier Marshall went on to acknowledge the benefit the project will bring to the construction sector: “Our investment will take recent government and private investment in entertainment and convention infrastructure along Adelaide’s riverbank precinct to more than $2 billion.”
As a result of the arena the government says South Australia will be able to compete on the international level for conferences and sports events that it couldn’t previously bid for.
Funding for the project is likely to commence in 2023 when planning and preparation begin for its construction following the completion of the Women and Children’s Hospital construction also taking place in the area.