The Festival Plaza Redevelopment consists of three separate major capital projects being undertaken in and around the site of the former Hajek Plaza.

$993 million of public and private investment will deliver a unique, world-class hub for the arts, culture, tourism, entertainment and commercial sectors.

The state government is investing $213 million to deliver upgrades to the Festival Plaza Public Realm and the Adelaide Festival Centre’s façade and lobbies.

Walker Corporation will invest $450 million to construct an integrated development, incorporating:

• 1,560 parking spaces
• 40,000m² of premium office accommodation
• A 5,000m² retail building to the north of the Parliament House

SkyCity is investing $300 million to deliver a new six-star hotel and expanded gaming, event and dining facilities; and a further $30 million to upgrade its existing premises within the Railway Station Building.

Investment breakdown:

• State Government:     $213 million
• Walker Corporation:   $450 million
• SkyCity Casino:          $330 million
• Total investment:        $993 million

This projects is expected to support approximately 785 jobs per year over the life of the project.

This project is jointly funded by the South Australian Government and private investors.