#VISION Liberal's railyard plan: new stadium & entertainment
Posted: Thu Nov 26, 2009 1:11 pm
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A MULTIPURPOSE stadium, relocation of the Keswick rail terminal and an entertainment boulevard are centrepieces of the Liberal Party's vision for the city.
The site - earmarked by the Rann Government for the new Royal Adelaide Hospital - will be transformed under the plan, unveiled by Opposition leader Isobel Redmond during a keynote speech at a business lunch today.
Other proposals include:
DEMOLITION of AAMI Stadium, with high-density apartment housing to be built on the site.
SALE of the velodrome land at Gepps Cross, with high-density apartment style housing to be built.
CONVERSION of the existing Keswich railway yards into high-density apartment style housing.
In the first stage of the Torrens riverside development, there will be a 50,000-seat multipurpose undercover sports stadium, riverside cafes and shops.
Ms Redmond says the plan will revitalise the city centre and put Adelaide on the map as a vibrant and modern place to live.
She says the relocation of the existing interstate train terminal at Keswick will end the farcical situation where interstate travellers end their journey in an industrial area with no transport to the city.
Later stages will include a new entertainment centre, more convention space and the relocation of the casino to the precinct.
"This would free up the existing Adelaide railway station for other uses such as a boutique hotel or museum," Ms Redmond said in a speech to business leaders.
She said that "for too long Adelaide has been regarded as a backwater where nothing ever changes, this development will once again make this city proud".
Ms Redmond said it was anticipated the project would be funded through a combination of government and private sector money.
"A significant portion of the funding for the project will be generated by the sale of government land," Ms Redmond said.
The Riverside Development Authority will be established in the first term of a Redmond Liberal government to take control of the area and co-ordinate development and construction.
Ms Redmond said the entire project would be built to the highest standard of energy efficiency with solar energy and water saving initiatives throughout the site.
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