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Forestville to flourish with brand new $250m retail and residential development

A $250m food-orientated retail and residential community, Locale, is set to transform the old Le Cornu site. Stage 1 of construction to begin in 2024.

The former Le Cornu site at Forestville is set to transformed into an epic food-orientated retail and residential community, featuring SA’s first rooftop urban farm.

Known as Locale, the $250 million project will become the new heart of Adelaide’s south-west, and will include a bustling market square, outdoor dining and play spaces, a Green Urban School, short-stay accommodation and apartment and townhouse living.

The bold reimagining of the long-dormant site has been brought to life by a consortium – Commercial Retail Group (owners and operators of Frewville and Pasadena Foodland), national property developer Peet Limited and local developer Buildtec.

Key features of the development include:

  • A Market Square with Locale Store (full line supermarket), open-air cafes, eateries and specialist retailers including a Flower Bar and Wellbeing Centre/Day Spa
  • Approximately 199 high-quality apartments and 106 townhouses, developed by Peet Limited and Buildtec, providing opportunities across varying life stages and lifestyles
  • Short-stay apartments to cater for tourism, corporate & wellbeing sectors
  • Youth Inc operated Urban Green School, where students will learn about sustainable food production, urban farming and business skills. (250 Urban Green School placements and a minimum 50 apprenticeship and traineeship places during first 3 years)
  • A rooftop Urban Farm practicing regenerative agriculture and tended by students from the Urban Green School
  • 30% open and green space – approximately half of which will be 24/7 publicly accessible land across reserves, the market square and high-quality public realm, and the other half open space via rooftop activations including the Urban Farm.
  • An estimated 900 direct and indirect jobs during construction, plus 500 ongoing jobs across retail, services, education and hospitality.

Minister of Housing and Urban Development Nick Champion has described the development as “transformative” and a potential “catalyst for urban generation” in Adelaide.

“It future-proofs the community because its design recognises and addresses our changing climate, supports urban infill growth adjacent to world renowned Park Lands and transport links at Goodwood and Adelaide Showground, and services the State’s increasing need for quality housing,” said Minister Champion.

Commercial Retail Group Director Spero Chapley said The Market Square will create an experience “unrivalled” in Australia, and will become a “a truly dynamic, inclusive community” for living, working and connecting.

“We have drawn inspiration from the small, bustling European towns where the homes, squares and markets, and their scents, colour, sounds and architecture entice you to linger and explore with a new experience around every corner,” Mr Chapley said.

“South Australia is known for its exceptional food and beverage experiences and the unique offerings of the rooftop Urban Farm and the high-quality eateries serving its locally grown produce will no doubt be a drawcard for local, interstate and international visitors.”

Stage 1 of construction, which will include the Market Square, Urban Farm and Townhouses is expected to begin in 2024. With the first residents to move in late 2025 and Market Square opening late 2026. Full project completion is forecast for 2029.

To read more about the project, including the full Locale masterplan, visit the Renewal SA website.

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