Posted: 31 October, 2016
Plans For The Old Royal Adelaide Hospital Site
A whole lot of jobs, but we'll have to wait a while!
Apparently, it'll be a while before the old Royal Adelaide Hospital site is demolished and redeveloped.
Despite plans to start knocking it down 2 months after patients move further down North Tce, it's likely to take 15 years to complete.
Construction on the City block is unlikely to start until mid-way through 2018 after an 18-month demolition and clean-up.
Apartment towers, a 5 star hotel, gardens and a University 'innovation hub' is being considered as a replacement.
The Premier's announced $200 million of taxpayer money will go to the demolition and decontamination.
In a presentation to the media over the weekend, the SA government said that the redevelopment of the existing Royal Adelaide Hospital site will generate more than $1 billion in private investment and sustain 1000 construction jobs for more than 10 years.
Once the project is completed, more than 9300 people a day will work, visit or live the site.
"This precinct will be an economic driver, reflecting South Australia's transitioning economy and developing new industries which will result in thousands of new jobs," Infrastructure Minister Stephen Mullighan said.
"It will breathe new life into the city's East End, with a mixed-use precinct which not only opens the site to the public and reclaims precious land, but also fosters innovation and healthy living while generating billions of dollars in valuable economic activity."