Works are progressing on the Market Square development – a $400 million upgrade and expansion to the existing Adelaide market, expected to welcome some 10 million visitors per year.
The market square and Central Market expansion is a joint venture between the City of Adelaide and developer ICD property. With architecture and interior design by Woods Bagot, the expansion is set to double the size of the existing market footprint and increase the total tenancies across nearly 7,000 square metres of lettable retail space.
Along with the market makeover, the development is delivering an all-electric commercial office tower, rooftop garden, hotel, and 234 new apartments over 35 storeys. Once completed, the site will offer double the floorspace of the existing market, set to be a fresh food mecca for local artisan producers.
Woods Bagot Principal Alex Hall says the future market hall will integrate the best of the site’s heritage and entrepreneurial spirit with contemporary, state-of-the-art facilities.
“The design of the new arcade reinstates the emblematic arches of the original Central Market, made from authentic redbrick,” says Hall. “The large open volume allows for natural light and ventilation to pour into the centre of the space and highlight the strong architectural forms.”
Site preparatory works have been completed and construction is well and truly underway. Concrete pour for the hotel and residential tower is taking place with the first façade panels due to be installed.
Brick prototyping is now underway for the signature redbrick arches in the Market Hall, with the brick façade due to be laid in the coming weeks following the steel installation.
Alongside site works, Woods Bagot has developed a set of guidelines in association with Adelaide Central Market Authority (ACMA) for future stallholders to optimise their market tenancies. The expanded market will host up to 53 new retail tenancies, comprising a combination of traditional market-style stalls, kiosks, and complementary retail outlets.
“We’re excited to share the vision behind the Retail Design Guide, created to help future market tenants design beautiful, high-quality spaces that feel welcoming and customer-focused,” continues Hall.
“More than just a place to shop, the market will be a destination to experience the magic of food, from watching artisan bread rise in the oven to seeing handmade pasta take shape. It’s all about connection: between the people, the food, and the stories behind every product.
“Each stall will bring something unique, contributing to the vibrant, authentic feel of a true community market. We’re encouraging all retailers to showcase their craft, quality, and personality — from signage to shelving — so that every detail speaks of freshness, care, and originality.”
Construction on the Adelaide Central Market is expected to be completed in 2026.
Experience the future Central Market with an exclusive, behind-the-scenes tour of one of South Australia’s most anticipated mixed-used projects, hosted by the Property Council, Multiplex, and Woods Bagot. More information.
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15 Jan 24