The State Liberals have thrown their support behind a major expansion of the Glenelg foreshore that would attract hundreds of millions of dollars of private investment.
Designs have been prepared for a major expansion of the existing Glenelg Jetty to facilitate commercial development including a hotel, restaurants and recreational facilities.
State Liberal Leader Steven Marshall said the development had the potential to create hundreds of long term jobs and would be a massive tourism boost for the state.
“This type of project is how governments should be growing the economy and creating jobs,” said Mr Marshall.
“The State Government should be backing private investors who want to create jobs, renew our state and grow our economy.
“Glenelg is a great location but it needs a refresh and this development will breathe life into the area.
“As a state we need to back projects that will create a prosperous future instead of just continuing down the path that successive State Labor Governments have delivered.
The State Liberal commitment to provide $20 million towards the jetty redevelopment is contingent on a positive cost-benefit analysis and a Federal Government funding contribution.
The major development already has the support of the City of Holdfast Bay and has been developed by the engineering firm who designed the new Adelaide Oval, Mott MacDonald.
“We will be seeking support from the Federal Government to get this project off the ground,” said Mr Marshall.
“After 14 years of Labor maladministration in South Australia we urgently need to invest in projects that will create long-term sustainable jobs.
“This announcement builds on our 2036 manifesto and in particular our commitment to grow the economy through investing in productive infrastructure.
“Partnering with private investors to create jobs is how we are going to deliver a bright future for South Australia – this is exactly the type of development governments should be looking at.”