Precision Group’s $45 million redevelopment of Port Adelaide Plaza

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Port Adelaide Plaza opened a new dining precinct this year

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Shopping Centre News

September 30 2019

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Precision Group, owner and manager of $1.2 billion of retail and commercial property in Australia and New Zealand, have entered into an agreement with Autonomous Energy to install an 824kW Solar System, as part of the $45 million redevelopment of Port Adelaide Plaza.  

Port Adelaide Plaza is a new and vibrant shopping Centre, 11 kilometers northwest of the Adelaide CBD and home to some of Australia’s favourite retailers – ALDI, Coles, Kmart, Liquorland, Australia Post, Bendigo Bank and Terry White Chemmart, providing a new level of convenience for Port Adelaide and surrounding suburbs.

Port Adelaide Plaza

Precision Group have identified their electricity usage as the most important contributor to their total greenhouse gas emissions. The 824kW solar system consists of 2,030 ‘SunPower panels which are the most deployed shingled solar panel in the world.

The installation on the centres rooftop will span approximately 5,000m2 in area, which is equal to nine full size tennis courts. The power generated from the solar panels will provide around 50% of the total electricity requirement at Port Adelaide Plaza for base building services, lighting, lifts and air-conditioning.

The Port Adelaide Plaza system will reduce Co2 emissions by 962 tonnes per annum, divert the equivalent of 38,000 bags of garbage from going to landfill each year, and avoid burning 37,000 litres of petrol per annum.

In confirming the agreement with Autonomous Energy, Trevor Dill, Chief Operating Officer  Precision Group said “Because we own and manage our assets, we are not only focused on the operational requirements, we also understand the importance of strategic thinking and investing in our assets for today and tomorrow. We’re an innovative company that builds unrivalled partnerships. The partnership with Autonomous Energy at Port Adelaide Plaza will deliver measurable and long-lasting results.”

Minister for Energy and Mining, Dan Van Holst Pellekaan said “The installation of rooftop solar panels at Port Adelaide Plaza supports the South Australian Government’s plan to make energy in South Australia more affordable, more secure and cleaner and adds to South Australia’s already impressive range of renewable energy projects underway.”

Port Adelaide Plaza is now the perfect destination to catch up with family and friends

The solar project, which is part of the 11,000m2 expansion taking Port Adelaide Plaza’s development to about 26,500m2 with more than 50 specialty retail stores and services on completion, is expected to commence in October 2019 and be operational in February 2020 creating employment for eight engineering, installation and project management persons.

Casual dining restaurants have recently opened at Port Adelaide Plaza bringing new gastronomic delights to the region. The new restaurants showcase the best of local and international cuisine, with an array of culinary experience, providing an innovative concentration of casual yet sophisticated eating out options for residents of Port Adelaide and surrounding suburbs. The precinct features Boneshaker, Billy Ming, Shanghai Tea House, Funk Coffee+Food and Yiros Central; a sixth new restaurant, Sushi Hiro will open in December.

Billy Ming opens new establishment at the centre

The internal and external areas boast luscious plants, trees, dappled lighting and shading, making it the perfect destination for brunch, family events, catch ups with friends, lunch or dinner.

Already home to some of Australia’s favourite retailers, the next stage Port Adelaide Plaza’s development is now leasing and presents an additional 35 new retail opportunities to join ALDI, Coles, Kmart, Liquorland, Australia Post, Bendigo Bank, Terry White Chemmart, Paisley Park Early Learning Centre, cafes and restaurants.

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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