The South Australian government says it has reached a deal to buy the 8.4 hectare site in Adelaide's inner-west from global beverage company Lion for $61.5 million.
abc.net.au/news/renewal-sa-reaches-deal-for-west-end-brewery-site-in-thebarton/102894928The South Australian government says more than 1,000 new homes – including at least 200 affordable properties – will be built at the former West End Brewery site in Adelaide's inner-west.
Taxpayers have acquired the 8.4 hectare site at Thebarton in a $61.5 million deal with global beverage company Lion. The state government said construction on the homes would start in 2025, with the first residents expected to move in by 2027.Premier Peter Malinauskas said the involvement of the government agency Renewal SA would ensure affordable housing was prioritised over profit.
"Everyone deserves a place to call home and this development will make that dream a reality for thousands of South Australians," he said.
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