Renewal SA, on behalf of the state government, is seeking proponents with demonstrated experience in successfully delivering complex and innovative projects to deliver a world-class Entrepreneur and Innovation Centre (EIC) as a flagship of Lot Fourteen.

A key feature of the $551 million Adelaide City Deal, the EIC will help create the next generation of businesses and jobs for South Australia.

The multi-storey building will become the iconic flagship of the innovation precinct and set the global pace for multidisciplinary innovation, collaboration and entrepreneurship.

Interested parties are invited to complete an Expression of Interest to be the preferred proponent to complete the EIC design and to finance, construct and own the building.

Speed to completion is critical, so the state government will provide a fully costed commercial design scheme that can be quickly progressed to meet the requirements of interested tenants. These include those from the Australian Government, the university sector and global defence and technology companies.

This will enable the successful proponent to secure lease commitments and to finalise design and construction documentation for a target construction start date of the second quarter of 2021.

The EIC will feature a collaborative and curated Innovation Hub on its ground and first floors to facilitate industry and research to come together to drive commercially focused ideas and solutions.

The Australian Government has committed up to $20 million in capital towards the establishment of the Innovation Hub through the Adelaide City Deal. The Innovation Hub will be subject to a lease by the state government.

Lodge your Expression of Interest

Expressions of Interest are being managed by Colliers International. Submissions must be received by 2pm (Australian Central Standard Time) on Thursday, 10 September 2020.

The sale is being marketed through Colliers International.