Flinders Street urban renewal plan reshapes Adelaide city centre

The South Australian government has released plans for a $180 million urban renewal of the Flinders Street precinct in central Adelaide, encompassing streetscape upgrades, new public spaces, the rehabilitation of heritage buildings, and the creation of a technology and innovation hub in the former GPO building that has been vacant for several years.

The renewal plan focuses on the block between Victoria Square and the Central Market, transforming what has been a mixed-quality commercial precinct into a cohesive destination that combines retail, hospitality, creative industries, and public art in a way designed to generate foot traffic and commercial vitality for the surrounding streets.

Development partner Walker Corporation will be the lead developer for the commercial components of the renewal, with the state government contributing the heritage building remediation and public space investment that makes the private development financially viable. The project is expected to generate 1,200 construction jobs and 800 permanent jobs once the precinct is fully operational.

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