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Holden’s land sale yields big benefits for SA’s Next Great City

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Holden’s land sale yields big benefits for SA’s Next Great City
Published 5 October 2017
The City of Playford is supportive of news that General Motors Holden has found a purchaser for its iconic Elizabeth site.

The City of Playford is supportive of news that General Motors Holden has found a purchaser for its iconic Elizabeth site.

Holden, on Thursday, announced (READ HERE) that the purchaser will turn the site into “one of Australia’s largest strategically positioned business hubs”.City of Playford Mayor Glenn Docherty said the Holden announcement is a significant milestone for local residents and a strong signal to the business community as plans for the CBD of the North progress.“The City of Playford is glad to hear that General Motors has secured a purchaser for the Holden site, a substantial parcel of land within our community, and we look forward to the new owners becoming part of South Australia’s Next Great City,” Mayor Docherty said.He added that the Playford community is pleased the plant’s transition is occurring in a timely manner.GMH’s Executive Manufacturing Director Richard Phillips said the automotive giant will retain a presence across the site with a spare-parts operation, while other occupiers are also investigating opportunities.

“A preferred investor/developer from interstate has been identified for the property based on their long-term investment strategy,” Mr Phillips said. “The site is to be transformed into a master-planned, innovative business park, providing employment opportunities for new and established industries.” According to GMH, a heritage centre and hospitality venue are also proposed for the site.

Mayor Docherty said the mood of the northern suburbs is far from negative as the October 20 plant closure approaches.The City of Playford has undertaken an aggressive infrastructure investment via a three-tiered construction program that includes the CBD of the North, Health and Sport precincts.“The state’s fastest-growing community will not be defined by the Holden closure and is shaping a different direction for its future prosperity by creating employment and economic opportunities,” he said.“The CBD of the North embraces the need for change and recognises that there is much room for optimism and growth in our region across many industries, such as defence; advanced manufacturing; health care; aged and disability services through the NDIS; and horticulture."

Further reading:Holden pics and memories Holden Dream Cruise

CBD of the North update Funding boost for CBD of the NorthSix-storey carpark plan