Status
Demolition
commenced
Value $400m
Timeframe 2021 - 2026
Project Website: www.marketsquareadelaide.com.au Project Email: info@icdproperty.com.au
Project Social Media: Facebook & Instagram
Market Square
The $400 million Market Square development is a once-in-a-generation project set to transform the Adelaide CBD.
Market Square is ICD’s first public-private partnership development and flagship South Australian project – a proud joint venture with the City of Adelaide.
Market Square will see the expansion of the iconic Adelaide Central Market, the addition of new retail space, a seven-level all-electric commercial office tower implementing best-in-class sustainability practices, onsite childcare centre, luxury residences, an elevated public garden retreat and an upscale hotel.
Since its launch, Market Square has become the fastest-selling project in Adelaide’s history. It is also set to break the record for most expensive Adelaide property with the sale of an exclusive $10 million penthouse.
This is the ultimate all-in-one destination – a precinct destined to merge accessibility and activation in an unmatched CBD location creating a true zero-minute city and enhancing the lives of residents, workers, market traders, locals and visitors – through the seamless integration of its many uses.
Awards
A record-breaking and award-winning project, Market Square’s unprecedented success has been acknowledged in several prestigious award categories.
The Urban Developer’s 2022 Awards for Excellence in Project Marketing
The Urban Developer’s 2022 Awards for Excellence in Sustainability
The Australian Financial Review’s 2022 Award for Most Innovative Company
Demand for Market Square’s exclusive residences has been phenomenal culminating in the sales success of more than 95% of residences within weeks of launching.
This project will help safeguard the future of the iconic heritage site and encourage investment in the precinct to establish a world-class example of a premium mixed-use destination. A place that showcases the very best of South Australian food, wine, produce and businesses for locals and visitors to enjoy. Market Square will be a new social and commercial hub in Adelaide, a prized destination for people to gather, work, eat, shop, visit and play.
