Almost 30 South Australian businesses are set to benefit directly from construction of Festival Square’s car park, with many more to benefit indirectly, Walker Corporation’s Ben Hamilton said.
“Construction of Festival Square’s car park is set to generate almost $60 million in economic benefits to South Australian workers and businesses through local supply chains from now until completion in the second quarter of 2021.
“Walker’s car park construction partner (Built) expects to engage 29 South Australian businesses for 30 of its subcontracts by the time this phase of the project is finished.
“The car park phase of the project has also created work for 13 South Australian apprentices.
“With four of the six car park slabs now underway or complete, Festival Square is a great example of why shovel ready construction projects are critical to the state’s economic recovery.”
Festival Square is unleashing tens of millions of dollars in economic benefits into the local economy, creating much-needed local jobs for local trades like metal workers, electricians and concreters.
“With robust experience throughout South Australia, Built has developed great relationships with subcontractors across the state. We’re proud that this project will be delivered by South Australians, for South Australians,” Built’s General Manager, SA Christopher Bate said.
Form 700 apprentice Marshall Wallace said working on Festival Square had given him more confidence and an opportunity to learn and grow as an apprentice formworker.
“Projects like Festival Square are important to local tradies because there is a lot of work to be done, and it [also] puts Adelaide on the map,” he said.
“This project and projects like it will bring more people to Adelaide and more opportunity for smaller and larger business.”
With more than 1,000 local workers inducted on the site to deliver the car park and public plaza, the next phase of the project will play a bigger role in the state’s continued economic recovery.
“Construction of the 40,000 square metre premium grade office tower will create thousands more construction jobs and many more opportunities for apprentices,” Mr Hamilton said.
“Shovel ready projects are critical during these difficult times to keep tradies and their apprentices on the tools.”