Morphettville Racecourse Redevelopment - seeking hotel operator

Morphettville is the beating heart of racing in SA. It hosts 50+ race days every year plus numerous community events, concerts, conferences.

The Adelaide Autumn Racing Carnival is a highlight on the Australian racing calendar, starting with Adelaide Cup and including Group 1 races the Robert Sangster Stakes, Australasian Oaks, SA Derby and The Goodwood.

Morphettville is also the State’s largest training base.

The South Australian Jockey Club (SAJC) is a membership-based, not-for-profit thoroughbred horse racing club that operates as an Unincorporated Entity. The Club owns and manages Morphettville Racecourse in Adelaide, South Australia.

The SAJC owns 10 hectares of developable land along Anzac Highway, bordering the racecourse and fronting Park Street.

The site is just eight kilometres to the CBD, 12 minutes to Adelaide Airport and less than 10 minutes to Glenelg beach. It has exceptional access to public transport links, and is now seeking an operator for the planned hotel.

It represents enormous untapped potential as a significant redevelopment opportunity in Adelaide’s western suburbs.

Investment opportunity

The SAJC has secured a partner to create a multi-use commercial and residential land development at Morphettville Racecourse, including a hotel.
The Concept Master Plan envisages redevelopment of up to 10 hectares of re-zoned land for medium-density residential, retail, hospitality and commercial use.

SAJC is now seeking an internationally known hotel operator (120 rooms)

Gallery images

Investor information

Documents

No documents provided.

Project status update

Seeking internationally known Hotel operator for 120 room hotel

Visit https://redevelopmentmorphettville.com.au/about-the-redevelopment/

Project dependencies

-

Technology utilised

-

Financial information

Investment sought: Not applicable

Project highlights

  • Stage one would see the construction of 150 modern lifestyle apartments and a 120 room hotel sitting atop a retail podium comprising a tavern, supermarket, speciality retail and hospitality with direct access to the tramline.
  • Stage two includes approximately 400 low rise apartments, terraces, and townhouses with the two stages linked by a new pedestrian plaza. The redevelopment would also include the creation of new grand civic entrance to the racecourse and a residential village through the transformation of the heritage grandstand into a café and community hub.

Key organisations

  • Department for Trade and Investment
  • South Australian Jockey Club

Project timelines

Expected start date
October 01, 2021

Expected end date
-

Funding round finish date
-

Website

redevelopmentmorphettville.com.au/about-the-redevelopment

Location

View all investment opportunities