The Marshall Liberal Government’s solution for the final section of the North-South Corridor is set to provide a $2 billion urban uplift along the Torrens to Darlington (T2D) stretch and surrounding suburbs.
As the project progresses, residents along the corridor will benefit from an increase in the value of their homes, potentially tens of thousands of dollars, depending on location.
The final and most complex section of the North-South Corridor will also create up to 4,000 jobs, unlock Adelaide’s traffic network and provide unique opportunities for urban renewal through a dedicated City Shaping Program.
Minister for Infrastructure and Transport, Corey Wingard, said the Marshall Liberal Government is building what matters and delivering the biggest ever infrastructure project in the state’s history.
“Our solution is creating thousands of jobs, it’s slashing travel time and connecting the north and the south of our state with a 78km non-stop motorway,” Minister Wingard said.
“Not only will motorists benefit from this once-in-a-generation project, it will also boost property value along the corridor while helping Adelaide retain its status as the most liveable city in Australia (according to a recent Ipsos Australia survey).
“Hybrid+ will attract greater investment for redevelopment of commercial and retail sites in the area, maximising land use potential of these inner metropolitan precincts.
“The T2D project and its dedicated City Shaping Program delivers more than $2 billion uplift in property value along the corridor, with residential dwellings accounting for more than 80 per cent of the positive growth.
“Completion of the North-South Corridor will transform South Road, with business investment along the route expected to stimulate economic growth, generate jobs, offer a range of housing choices and attract more families into surrounding suburbs.
“The open motorway option would have ignored the concerns of the majority of the community, and imposed a ten-lane-wide asphalt and concrete wedge along South Road, requiring the demolition of close to 900 properties.
“Our congestion-busting hybrid+ design, will remove more than 110,000 cars a day from South Road and improve the journey for approximately 100,000 east-west travelling vehicles that use key intersections along South Road every day.”
The completion of the River Torrens to Darlington section will deliver a 78km non-stop, free-flowing motorway that seamlessly links Gawler, to the north of the city, with Old Noarlunga in the south.