Skycity is planning to spend up to $300 million on the Adelaide Casino transformation.
The group has announced plans to add a boutique hotel, new VIP gaming salons and signature restaurants, having signed an agreement with the South Australian Government to start early works in the second part of this year.
These early works will include modifications to Festival Drive, grade levelling, temporary pedestrian access and signage, structural piling, modifications to loading docks and relocation of existing services.
Skycity also welcomed the announcement today that the South Australian Government and Walker Corporation have reached an agreement for the development of Festival Plaza. Walker Corporation has confirmed its plans to construct a car park, a retail precinct and an office building over the next three years.
Skycity Interim CEO John Mortensen said,“We’re delighted that we’ve got agreement on the first phase of work on what will be an amazing rejuvenation of the Riverbank Precinct. Skycity’s Adelaide Casino expansion will bring high net-worth visitors to South Australia, providing a significant boost to the tourism industry.’’