An Australian university has unveiled plans for a major new education, health, retail and accommodation development worth an estimated $1.5 billion.
South Australia-based Flinders University announced plans to transform its Bedford Park campus into what it claimed will be “the biggest integrated health and education precinct” in the state.
Called Flinders Village and to be developed adjacent to the new Flinders Station, it will comprise a health research facility, constructed as part of the first stage.
Accommodation for students and transitional healthcare patients and their families coming from rural and regional areas, a hotel and other commercial amenities including retail facilities will be incorporated across future stages.
Other aspects of the development include the provision of additional car parking and open spaces, as well as new community and sporting facilities for use by the university as well as local residents.
“Flinders Village is a key part of Flinders’s overarching plan for growth and development. It will complement the university’s existing investments in the Tonsley Innovation District, support the Flinders health precinct and leverage the $125 million investment by the federal and state government in the Flinders Link rail extension that will connect our campus with the Adelaide CBD,” the university’s vice chancellor, Professor Colin Stirling, said.
“The university plans to leverage the investment in the train connection to attract private capital for the development of Flinders Village in ways that will grow the university and unlock the enormous potential of southern Adelaide.”
The development was officially launched at Flinders University by South Australian Premier Steven Marshall in a ceremony on Monday afternoon (3 June).
It is hoped that the development will attract as many as 5,000 extra international students to Adelaide and create at least 10,000 jobs during construction.
Expressions of interest from developers are scheduled to be sought by year’s end, with construction slated to begin in 2021. The entire project is due for completion by around 2030.
Adam Zuchetti is the editor of My Business, and has steered the publication’s editorial direction since early 2016.
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