Tall & Urban News

Innovation Hub Plans Approved for Adelaide

Entrepreneur and Innovation Centre at Lot Fourteen will be built in Adelaide's Central Business District. Image credit: Trentino Priori, CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, via Wikimedia Commons
Entrepreneur and Innovation Centre at Lot Fourteen will be built in Adelaide's Central Business District. Image credit: Trentino Priori, CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, via Wikimedia Commons
01 December 2021 | Adelaide, Australia

Planning approval has been granted to the Entrepreneur and Innovation Centre at Lot Fourteen, located in the Central Business District of Adelaide. The concept design for this innovation hub was created by Baukultur and Cox Architecture built on that to create this final design. Quintessential Equity, a property management firm, has already signed a 10-year lease for the project. This company will both develop and manage the property. 

The project’s form is a series of stacked rectangular volumes that are rotated at various angles. It will rise 16 stories with the ground and first floors containing an innovation hub. The ground floor will also contain space for events and collaboration which will be open to the public. There will also be a landscaped terrace on the roof of the building.

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The construction for the project is planned to begin in the middle of 2022 and will be open for tenants in 2024. Several organizations have already expressed interest in becoming tenants including the federal government, universities, global defense, and technology companies. Through the Adelaide City New Deal, up to AUD$20 million (US$14 million) in capital has been committed to the establishment of this project.

For more on this story, go to ArchitectureAU.