The department is responsible for leading the redevelopment of Lot Fourteen, the former Royal Adelaide Hospital site, into a world-class innovation neighbourhood for work, study and exploration.
Our vision is to drive inspiration, creation and entrepreneurship through the dynamic and integrated growth of South Australia’s emerging industry sectors, international education, cultural offerings and the economy to create a sustainable global ideas and innovation precinct for all our community to engage, work, create, discover and grow in.
We oversee all project management elements such as scoping, scheduling, budgeting, risk management, procurement and the management of consultants and contractors working on redevelopment initiatives.
We work in collaboration with the Department for Innovation and Skills, Defence SA, Department for Trade and Investment, Department of Treasury and Finance, Renewal SA and the Chief Entrepreneur.
In 2019, the Adelaide City Deal was signed, a ten year partnership between the Australian Government, the Government of South Australia and the City of Adelaide to grow Adelaide as an innovative and vibrant city. Lot Fourteen is the centrepiece, delivering $672 million in joint investment; with $527 million from the South Australian Government.
Already, through the refurbishment of the heritage buildings on site, we have more than 700 business people, start-up founders, employees and students calling Lot Fourteen home, including the Stone & Chalk start up hub, Australian Institute for Machine Learning, Australian Space Agency, SmartSat Co-operative Research Centre, Defence and Space Landing Pad and MIT bigdata Living Lab.
New facilities through the next stage of developments will include:
- the Entrepreneur & Innovation Centre and Innovation Hub that will connect research with industry to create and commercialise internationally significant technologies of the future
- the Aboriginal Art and Cultures Centre, a new cultural destination for an inspiring, informative and important insight into the world’s oldest living culture
- the International Centre for Food, Hospitality and Tourism Studies that will support and drive international education, research and training facilities while showcasing our region’s strengths in these sectors to the world.
The development program is extensive with projects expected to be ongoing until 2027.
Stay abreast of the latest progress by visiting the Lot Fourteen website and subscribe to the regular newsletter.