A state-of-the-art Entrepreneur and Innovation Centre (EIC) will set the global pace for multidisciplinary innovation, collaboration and entrepreneurship and is specifically designed to suit the secure environment for defence, space, and hi-tech businesses, education and research institutions.
The flagship building in the precinct, the EIC will consist of commercial, education, research and networking event spaces, where entrepreneurship and innovation can thrive.
The 16 level, 35,000 sqm building will be central to the precinct and home to a flexible, campus-style Innovation Hub and ground floor collaborative event and food and beverage retail spaces.
The Australian Government has committed up to $20 million through the Adelaide City Deal towards the establishment of the Innovation Hub as part of the curated collaborative space on the ground and first floors of the EIC. The Hub will be dedicated to fostering idea exchange and accelerating commercialisation and business growth.
The technology and security information infrastructure embedded in the building will facilitate various levels of sensitivity and security resilience classifications for tenants, allowing our tenants to attract and retain world leading talent.
Setting a new benchmark for office design, the EIC will bolster the South Australian government’s objective to create an innovation precinct for the next generation of businesses in Adelaide. This will become a key destination for government and private sector tenants, working collaboratively to accelerate innovation and ideas that will create jobs for the future.
The building will also target a 6 Star Green Star rating, Gold WELL certification and a 5.5 Start NABERs energy rating. Programmed to commence construction in late 2021, the EIC is scheduled to open in 2023.
In a major milestone for Lot Fourteen’s landmark $400 million Entrepreneur and Innovation Centre (EIC), the State Government recently announced that property private equity company Quintessential Equity will deliver the project.