Stalled plans for two Park Lands commercial takeovers
A 27-storey office tower and retail complex, under construction on the former Festival Plaza in Park 26 has been delayed again.
The Walker Corporation has been given an additional two years, until the end of 2024, to finish what it's started.
The project is the largest scandal in the history of the Adelaide Park Lands - with the developer gifted not only your Park Lands but also a $213 million taxpayer subsidy. Read the background here https://www.adelaide-parklands.asn.au/festival-plaza
See the latest developments here: https://indaily.com.au/news/2021/07/28/deadline-to-build-festival-plaza-tower-extended-until-2024
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Meantime, the State Government’s proposal to hand over part of your Park 11 to a private commercial cooking school has hit an unexpected snag. The Cordon Bleu school doesn't want to move from its current site at Regency Park. ($$ subscriber-only link)
The State Government is re-examining its options for the proposed site off Frome Road in Park 11.