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New Adelaide CBD Projects Deliver Hundreds of Apartments, Hotels

Large-scale developments in Adelaide's central business district are delivering new apartments and hotels that could affect local market conditions.

By Adelaide Cbd Property Desk · Published 19 July 2026

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This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. Adelaide Weather News is part of The Daily Network and follows our reasonable editorial care.

The $500 million Market Square redevelopment on Gouger and Grote streets is completing later in 2026, delivering a roughly 40-storey hotel and residential tower along with retail and offices centred on the expanded Central Market.

Supply Additions Across Multiple Sites

Tapangka on Franklin Street will introduce a carbon-neutral, 6-Star Green Star precinct that includes 392 apartments with 35 per cent affordable housing plus a 208-room hotel. Construction is scheduled to begin in 2026 with completion expected in 2029. City East in the East End between Pirie and Flinders streets comprises a 39-storey, four-tower mixed-use scheme that will deliver over 700 homes, a hotel and retail spaces.

Additional Towers and Hotel Timelines

The 23-storey Franklin Tower featuring Japandi design is already under construction on the former Publishers Hotel site as part of a two-tower project that also includes a global hotel brand. Separately, the $120 million Little National Hotel at 100 North Terrace remains under construction with a planned opening before the end of 2026.

Buyer Considerations

These projects collectively increase the volume of residential units entering the Adelaide CBD market over the coming years. The inclusion of affordable housing components in at least one precinct provides a distinct segment of supply. Buyers evaluating entry or expansion in the area can review project timelines to align purchase decisions with expected completion dates rather than relying on immediate availability.

Market Square's retail and office elements are also expected to support local amenity once finished. Tapangka's sustainability credentials may appeal to purchasers seeking specific building performance standards. City East's scale positions it as one of the larger residential schemes currently advancing in the CBD.

Prospective buyers should track progress on the listed projects through official development trackers and consult local sales agents for current stock levels and contract terms. Completion schedules remain subject to standard construction variables.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.