AdelaideAlive wrote:....and please please relocate those rowing sheds , so outdated and out of place with all these new and modern building designs,my opinion for what its worth lol
Key features of the expanded Adelaide Convention Centre will include:
A new alternative main entry including pedestrian and vehicle drop off from Morphett Street Bridge;
A new urban boulevard (Montefiore Road) linking North Terrace to the Riverbank Promenade and the Adelaide Oval in the north;
STEP one in Adelaide's revitalised Riverbank precinct opened as work hit full pace in the $350 million Adelaide Convention Centre redevelopment.
The $3.9 million Regattas Bistro and Bar and its upstairs Panorama Suite meetings and functions room were opened last night by Tourism Minister Gail Gago. The new development overlooks the southern bank of the River Torrens.
Ms Gago said the Regattas-Panorama development was "the first of many brilliant elements" of the State Government-funded Riverbank project.
Adelaide Convention Centre chief executive Alec Gilbert said the new facility's riverside location and glass facade provided "the best views in town" to see across to Adelaide Oval, upriver to Elder Park and downstream to the Torrens weir.
Accessed from the riverbank or North Tce, Regattas will allow city visitors and workers to have casual drinks and pub-style dinners at the convention centre for the first time but Regattas also will offer an a la carte menu and al fresco dining.
The Panorama Suite is the first of many new meetings and events spaces to be created in the Adelaide Convention Centre work over the coming five years.
It can house boardroom-style events of up to 44 people and banquet-style for up to 80.
The Riverbank project will include a footbridge across the River Torrens, expanding the convention centre west to the Morphett Street Bridge and then redeveloping the original 1980s buildings of the centre at its eastern end.
SkyCity wants to redevelop Adelaide Casino - at a price
by: Business Reporter Cameron England
From: AdelaideNow February 15, 2012
The concept design for the redevelopment of the Adelaide Casino Source: AdelaideNow
SKYCITY wants to build a boutique hotel with a rooftop pool overlooking the River Torrens as part of the riverbank redevelopment.
The owner of the Adelaide Casino said it wants to build a "truly world class integrated entertainment facility" including a five star hotel, signature restaurants and bars, a spa and roof top pool lounge and international VIP gambling suites.
But the company has flagged again that the State Government will have to deliver concessions for the redevelopment to go ahead.
"We are working closely with the Casino Task Force regarding the future regulatory framework for the Adelaide Casino," the company said yesterday.
"The outcome of these discussions will allow us to determine whether to proceed or not with progressing our plans for the transformation of the Adelaide Casino.
"While we are excited about the outstanding growth opportunity this transformational project potentially represents for SkyCity, shareholders should be assured that this project will only proceed if we can be confident of achieving an acceptable return on the potential investment."
The company has been in negotiations with the State Government for the past few years on the conditions surrounding any potential development, which it has previously costed at $250 million.
The company has been pushing for changes to the regulations which govern the casino, arguing the 43.5 per cent tax it pays is the highest in the nation, and that restrictions on some types of games which can be played should be relaxed.
The casino has been performing well, with SkyCity annoncing yesterday that its half year before tax profit in Adelaide was 12.9 per cent higher at $19.2 million.
Revenue was up 6.9 per cent at $82.6 million.
The casino's poker machines raked in an extra nine per cent, or $33 million, in the six months to the end of December, and table games revenue increased more than 7 per cent to $41 million.
Other aspects of the riverbank redevelopment continue to progress, with a call for tenders to design the footbridge connecting Adelaide Oval and the southern side of the Torrens open until February 28.
Expressions of interest are also being sought for private sector involvement in the revitalisation of the Riverbank precinct - a $394 million project which includes the expansion of the convention centre.
This is in addition to the $535 million Adelaide Oval redevelopment.
Preliminary works have already started at the oval, with major construction work to start after the cricket season finishes.
Ben wrote:Skycity announced their 1st half profits today along with some concept images. They stressed they are only in discussion stage and will not proceed if they can't get a better deal from the SA Government. Talk about blackmail.
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