00:02Buttoning up for the top brass.
00:04I think we'd better go get where we're supposed to be to meet the boss.
00:07Fresh off addressing the United Nations in New York, the Prime Minister in Adelaide discussing
00:12some more local matters.
00:15They're over.
00:15As his government prepares to sell the Defence Force's Hampstead Barracks in the northeastern
00:20suburbs for a 400 home development.
00:24Located in an area that's close to public transport, that's just 6km from the city.
00:29Not quite as clear cut, the timeline and cost.
00:33The State Government only starting formal negotiations to purchase the land today, with engineering,
00:38site works and demolition all needed before homes are built.
00:42Let's just make sure we go through the process before we put a definitive timeline on it.
00:46Announcements are fine, but actually come and crow about something when you've delivered
00:50for the people of South Australia.
00:52The Government's also got work to do on a nearly 2,000 home development further north
00:56near Penfield.
00:57Announced 16 years ago, the private project has only delivered around 750 homes.
01:03Its new owners, National Developers Avid Property Group, handing it back to Renewal SA,
01:08choosing to focus instead on the eastern states.
01:11Last year we built a record number of homes, so it is quite disappointing to see a brand
01:17that size, a national developer, moving away from South Australia.
01:20They weren't delivering the number of houses at the pace that we would desire.
01:24We think there are other developers out there that can bring more stock to the market faster.
01:28Renewal SA is also looking at creating hundreds of new homes here at the Keswick Barracks in
01:33Adelaide's Inner South, after the state government took ownership of the land three years ago.
01:38The Defence Force is now expected to vacate the site in 2030, two years earlier than previously anticipated.
01:45are just me stranded.
01:45The Environment
01:46You
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