SkyCity resolves parking issues at Adelaide casino

Minister Steven Joyce and SkyCity chief Nigel Morrison discuss convention centre plans. Photo / Greg Bowker

SkyCity Entertainment Group has resolved car parking issues at its big Adelaide casino, restaurant and bar redevelopment.

The company has issued an NZX notice saying it has agreed to a deal with Walker Corporation to lease 750 carparks of 1560 in the proposed Festival Plaza underground car park.

SkyCity needs the carparks for its huge expansion in Adelaide.

Last Saturday, the South Australian Premier Jay Weatherill, announced that the state government and Walker Corporation had reached agreement for the A$610 million redevelopment of the Festival Plaza precinct adjacent to Adelaide Casino.

"In addition to the development of the new 1,560 space underground car park, the Festival Plaza redevelopment will include a premium office building (along a closed-to-traffic boulevard on Station Road), two levels of cafes, restaurants and retail behind Parliament House, and a complete redesign of the current Hajek Plaza, all adjacent to the Adelaide Casino," the announcement said.

Nigel Morrison, SkyCity chief executive, said his company was pleased that the SA Government and Walker Corporation had now reached agreement on the critical redevelopment.

"This is a major step forward in creating Adelaide's premier entertainment, hospitality and cultural precinct and will strongly complement the successful redevelopment of the Adelaide Oval and the significant expansion of the Adelaide Convention Centre currently being undertaken," he said.