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Adelaide City Deal

Lot Fourteen is the centrepiece investment of the 2019 Adelaide City Deal agreement between the Australian Government, South Australian Government and the City of Adelaide.

The 10-year Adelaide City Deal partnership between the Australian and South Australian Governments and the City of Adelaide builds on Adelaide's strong contribution to Australia’s innovation economy, largely driven by local talent, ambition and entrepreneurship.

The transformation of the old Royal Adelaide Hospital site into the global innovation precinct Lot Fourteen, is the centerpiece investment of the City Deal.

Establishing Lot Fourteen as a premier destination for entrepreneurship, innovation, technology, development and commercialisation will drive investment, jobs, research and training in emerging industries and further grow the city's attractiveness as a place to live, study, work and do business.

Investment in Lot Fourteen as a hub for research, innovation, and entrepreneurship in technology and the arts and boosting Adelaide’s cultural and tourism economy will fund the following projects:

The South Australian Government

  • $364 million to redevelop, operate and maintain the precinct, and deliver key infrastructure and services to integrate open spaces, including access to the Adelaide Botanic Garden.

  • $115 million towards the establishment of the Aboriginal Art and Cultures Centre.

  • $30 million towards the establishment of an education and training facility.

  • $2.5 million towards the establishment of the Mission Control Centre.

  • $20.8m to expand the upgrade of the Eleanor Harrald and Hanson Buildings to create Capability Centres in space, digital, hi-tech and cyber.

The Australian Government

  • $85 million towards the establishment of the Aboriginal Art and Cultures Centre.

  • $30 million towards the establishment of an education and training facility.

  • $26 million to establish the Australian Space Agency, as well as $6 million to establish the Mission Control Centre and a further $6 million to establish the Australian Space Discovery Centre.

  • $20 million to establish an Innovation Hub in the Entrepreneur and Innovation Centre.

  • $3.5 million to establish an Aboriginal entrepreneur hub, The Circle - First Nations Entrepreneur Hub.

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