Tuesday, December 3, 2024

Adelaide Central Market welcomes prospective tenants

A rare opportunity to join one of the world’s top food and produce markets, visited by more than eight million people each year, is now available with the Adelaide Central Market Authority.

The expansion of the Adelaide Central Market, due to be completed in 2026, will create up to 53 new tenancies. These will comprise a combination of traditional market-style stalls inspired by the existing Market, kiosks suitable for food, beverage and complementary retail outlets, and perimeter store tenancies offering a more traditional dining, hospitality and retail experience.

Adelaide Central Market Authority is seeking Expressions of Interest from prospective tenants to find the best established and up-and-coming food and hospitality businesses to join this iconic project.

“We’re looking for passionate food and beverage businesses that share our commitment to quality, innovation, and community spirit,” said Fabienne Reilly, Adelaide Central Market Authority General Manager.

“Applicants will be assessed on criteria aimed at ensuring the Market continues to serve the community and offer more of what our shoppers know and love.”

The new tenancies will suit a mix of retail categories including:

  • Fresh food and produce – traders providing take-home and consumable food products
  • Hospitality and catering – specialising in grab-and-go or ‘eat there’ experiences
  • Hybrid food offering – a blend between food retail and food catering
  • Living and giving – traders that complement food retail and food catering categories

Market size to double

The expanded Adelaide Central Market, in the heart of Adelaide’s CBD, is part of the $400 million Market Square development being jointly delivered by the City of Adelaide and ICD Property, creating a mixed-use precinct of national significance and new inner-city social and commercial hub.

Above the expanded Market will be 234 boutique apartments, complementary retail and supermarket, 9 floors of premium commercial office space, Australia’s first 248-room Treehouse Hotel and an elevated outdoor urban terrace.

Upon completion, the expansion will double the size of the existing Market footprint and increase the total number of tenancies to 123 across 6,760 sqm of lettable retail space with 1000 undercover car parks and projected visitation of 10 million annually.

The leasing campaign for the ground floor will run in conjunction with ICD Property’s upcoming leasing campaign for level 1 which will include a boutique supermarket along with other service-based retail and food and beverage offerings.

Expressions of Interest closes 31 August. For more information, visit adelaidecentralmarket.com/expansion.

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