On 12 December 2018, the Australian and South Australian governments signed a Memorandum of Understanding, agreeing to develop a city deal for Adelaide.
Key to the new Adelaide City Deal will be an Australian Space Agency, to be located at the old Royal Adelaide Hospital site, with the Federal Government committing to invest $41 million into the agency.
The Federal Government’s city deals website states that the Adelaide City Deal will be developed in partnership with local governments, communities and the private sector to support long-term growth of Adelaide.
“It will focus on fostering, attracting and retaining a skilled workforce and establishing a framework for all three levels of government to work together to achieve the city’s goals of a growing population and a growing economy,” it says.
The Adelaide City Deal will be developed in early 2019 structured around the following themes:
- Targeted investment to deliver a precinct that drives entrepreneurship and innovation, centred on the redevelopment of the old Royal Adelaide Hospital site, known as Lot Fourteen.
- Getting the settings right to better manage population growth and city planning.
- Enhancing Adelaide’s liveability through investment in culture and the arts.
More information is available at this link: https://citydeals.infrastructure.gov.au/adelaide