Due diligence needed for business setup on Park Lands
There are approximately two hundred places within your Adelaide Park Lands, where developers have placed buildings to exclude the public - where the Park is no longer 'Open, Green and Public'.
Nevertheless all these locations are still recognised in law as being part of your Adelaide Park Lands.
For any business wanting to set up on your Adelaide Park Lands there is a reputational risk involved.
Leasing Park Lands is done within the law (because current laws don't adequately protect the Open Green Public nature of your Park Lands).
But would you want to be associated with a company that has taken over public Park Lands for commercial benefit?
One of the little-known risks for private companies on Park Lands is the difficulty of obtaining a street address. For example software company "Link 4" has leased premises on Park 11, within the old Royal Adelaide hospital site.
CEO Robin Sands recently advised APA that he cannot use the street address “414 North Terrace” because his office is on Park Lands.
Mr Sands sought our help to get his proposed street address approved. Alas, we are unable to help him.
Perhaps Link 4 and other private companies setting up business on Park Lands need to exercise due diligence. There are risks involved when occupying land that legally belongs to the people of South Australia.
To quote the Adelaide Park Lands Act 2005, this land is to be managed "as a world-class asset to be preserved as an urban park for the benefit of present and future generations."