The Adelaide Economic Development Agency (AEDA)'s latest City Business newsletter is here to give you information and resources to support your business. Learn more about why more traders are choosing Rundle Street East to set up shop, April retail spending at pre-pandemic levels and exclusive opening hours across the city this long weekend, and more.
30-year Anniversary of the Rundle Street East Revitalisation
For the past three decades, Rundle Street East has been considered one of the city’s most thriving commercial, retail and hospitality meccas. In 1992, the Maras (then Mancorp) and Liberman Groups saw an opportunity to revitalise what once was a market precinct with residential apartments and an eclectic mix of commercial, retail and hospitality-based tenancies. Fast forward 30 years, and the precinct has never been “more exciting”, with 15 new businesses coming into the strip over the past six months.
CBD and North Adelaide Retail Spend at Pre-Pandemic Levels
Total visitor spend across the city was at a four-year high in April, data analysed by AEDA shows. April visitor spend statistics showed that total spend in the city was $326.5 million, up from $227.8 million in 2019, the best April result since the start of the COVID-19 pandemic.
Now is the Right Time
Melbourne Developer GURNER Group will make the move into the Adelaide market because the "time has never been better". Working in conjunction with landholder Kennards Self Storage, the former Australia Post site on Grote Street will undergo a $1.25 billion redevelopment.
Public Holiday Trading Hours
Many businesses across the CBD are allowed to open on the Queen's Birthday public holiday. Greater Adelaide shopping precincts will be closed. Immerse yourself in the best fashion, food and experiences on Monday 13 June. Rundle Mall will operate from 11:00 am to 5:00 pm.
North Adelaide Landmark 'The Store' to Re-open this Month
Iconic Melbourne Street venue The Store will get a new lease on life as popular North Adelaide florist Sally Wotton prepares to take over the long-vacant site. Floristry by Sally will move into the site on 17 June, which will also be home to Loxley Coffee and Lesser Store. Ms Wotton looks forward to bringing a fresh look to the Melbourne and Jerningham Street corner site, which will be rebranded The Store by Sally.
Voting in Council Elections
The upcoming Council Elections are your chance to shape the future of our city. You don’t have to be a city resident to enrol to vote, city businesses and property owners can enrol. Enrolment is open until 5:00 pm Friday 29 July.
Business Grant Opportunity
Small businesses, organisations and property owners along mainstreets and laneways in Hindley, Gouger, Rundle, Melbourne, O’Connell, Sturt and Halifax Streets can apply for Revitalisation and Improvement Grants.
Yugo Adelaide City Student Accommodation Opens its Doors
Yugo Adelaide City – one of the CBD’s tallest buildings – has officially opened its doors to hundreds domestic and international students. Standing 118m tall, the 36-storey Yugo Adelaide City complex on North Terrace has extensive communal areas, study spaces, outdoor terraces, gym, cinema, communal kitchens and lounges, coupled with panoramic views across the city.
Tim Last joins AEDA Board
AEDA has announced the appointment of accomplished international finance professional Timothy Last to the AEDA Board following an extensive search. Mr Last is a Partner of Adelaide-based corporate advisory firm SRG Partners.
Your Lunchbreak, Sorted
Say no to sad sandwiches, turn off your emails and head to Grenfell Street for a feed. In our first edition of Your Lunchbreak, Sorted head to Valentino's 101 – a dine-in and takeaway eatery committed to homestyle Italian food.
Inaugural AEDA Business Summit Highlights Video
"We need to be very, very positive, very aspirational, in fact outrageously aspirational for our CBDs" said Bernard Salt AM, keynote speaker at the inaugural AEDA Business Summit held last month. Bernard Salt was one of a range of world-class speakers who shared their insights and inspiration for the future of the Adelaide CBD. Other speakers including The Honourable Peter Malinauskas MP, Premier of South Australia, Bernard Salt, Adrian Tembel and Ben Parkinson shared insights informing the future Adelaide in front of 350 people. What do you think about the future of Adelaide? See the video to hear what the experts think.
A different Sort of Cuppa
Need a pick-me-up after those long meetings, but coffee is off the cards? From chai to matcha lattes, check out where you can get the best alternatives to coffee across the the city, and even a piece of cake to finish off.
How to Work with AEDA
The Working with the Adelaide Economic Development Agency (AEDA) guide provides an overview of the support services, programs, and partnership opportunities available throughout the year to help develop your business.
