Renewal SA’s vision for 274-275 North Terrace is to secure a high-quality, residentially focussed project which can be delivered in timely manner, substantially utilise the potential of the land and contribute to the cultural and economic vitality of the East End and adjacent Lot Fourteen Innovation District.

It is anticipated that this development opportunity offers a compelling proposition for a mix of residential market apartments, including build-to-rent, hotel, and purpose-built student accommodation across one or more towers. The site benefits from three street frontages.

Through a single stage Expression of Interest process, we are seeking a visionary developer with a strong track record in the delivery of high-quality mid-rise and hi-rise developments to purchase the land and commit to the timely commencement of new housing and/or accommodation outcomes in the Adelaide CBD.

Renewal SA has undertaken a range of due diligence to support the development outcome including a series of reference development schemes to support the exploration of potential development strategies for the site.

The site offers the opportunity to deliver a landmark development that will redefine the iconic skyline of Adelaide’s premier cultural boulevard North Terrace and contribute to the vibrancy and activity of Adelaide’s cosmopolitan East End.

It is directly opposite Lot Fourteen, a world-class innovation district striving to grow South Australia’s productivity and solve complex global challenges that lead to greater economic, social and cultural prosperity.

Educational institutions in both the University of Adelaide and UniSA are located close by.

Site size (icon): 2,747m²

Scheduled release date: On market

Closing date: 2pm (ACDT) on Thursday 30 January 2025.

EOIs are to be submitted via the SA Tenders and Contracts website tenders.sa.gov.au