Adelaide’s newest suburb will be called South Beach, with the State Government approving the rezoning that unlocks the former Port Stanvac oil refinery site for redevelopment.
South Beach will be home to 3600 new houses, more than 60ha of employment land supporting almost 1700 jobs and a mixed-use town centre with community facilities and services, to be delivered by developer MAB.
It will also feature a 40ha coastal reserve which, for the first time in generations, opens 1.7km of beach to the public.
The 230ha site will also deliver more than 31 per cent open space and will complete a critical missing link in the 70km coastal trail network running from North Haven to Sellicks Beach.
Up to 15 per cent of the 3600 homes will be affordable housing, with a mix of detached houses, townhouses and apartments accommodating almost 8000 new residents.
Port Stanvac has sat dormant since ExxonMobil ceased refinery operations in 2003 and is one of the last remaining metropolitan coastal infill opportunities in Greater Adelaide.
Due to its historic industrial use, the site is known to be contaminated and remediation will be required as part of any redevelopment. That work will be overseen by independent qualified environmental consultants.
South Beach will be one of Adelaide's best-connected new communities, with direct access to the Lonsdale Railway Station and the Southern Expressway.
The development also includes upgrades to state and local road intersections and a new rail overpass connecting Sherriffs Road to South Beach.
MAB CEO David Hall said South Beach would be "a truly unique location close to the coast, employment, transport, and community facilities".
"The approval helps ensure this underutilised land can be developed in a way that maximises economic opportunity while meeting the needs of the community," Mr Hall said.
