North Terrace
Lot Fourteen’s job pipeline is ensuring the globally connected business precinct is somewhere the next generation will come and forge a career.
Based on North Terrace, Lot Fourteen’s vision is to foster jobs and grow skills in high growth industries and be an integral part of SA’s innovation ecosystem, as well as creating jobs and career pathways, increasing international student numbers and attracting visitors to the Adelaide CBD.
Talking on Season Two of the Experience Adelaide podcast, Lot Fourteen’s State Project Lead Diane Dixon said the precinct means there is now a clear job pipeline for the people of South Australia.
“Career aspiration is what we want to generate, it's about building up the skill base here in Adelaide so people can study, stay here, work here,” Ms Dixon said.
“People will start recognising the credibility of having worked or studied here and that there's this job pipeline from a basic level up to a higher level.
“We have 58 start-ups and over 200 desks occupied in the Stone and Chalk facility and those are the companies of the future which is where the energy of the next generation is coming through.
“In these innovation precincts, there is a multiplier effect, [it’s not just] all that space, hi-tech activity.
“For every single knowledge-based job or hi-tech job that's created, there's five other jobs that are created in a range of supporting areas, both in industries related to those, but also in hospitality, in tourism, in services.”
Ms Dixon said Lot Fourteen is working closely with the education sector at a tertiary and vocational level so that Adelaide can self-generate jobs in sectors such as cyber security and hi-tech.
Part of that is having the ability to attract international students to Adelaide again who will want to come and study here because they’ll be able to see the level of activity generated in Lot Fourteen.
Having all those workers and students in the CBD will generate great economic benefit for the city, Ms Dixon believes.
“The figures that we've had developed for Lot Fourteen indicate that when it is fully built out in 2028 and we have 6000 plus workers, it'll be generating $3.5 billion worth of economic activity for the state,” Ms Dixon said.
“So that's the economic value, but you can't undervalue that global credibility, reputation and opportunity.”
In the podcast, Ms Dixon talks about Lot Fourteen’s community and connectivity that ‘makes magic happen’, while also discussing how Lot Fourteen is helping to bring energy and collaboration to the East End.
The Lot Fourteen episode is one of 10 in Season Two of the Experience Adelaide podcast, which will also feature Botanic High School’s principal Alistair Brown and Renew Adelaide’s CEO Andrew White.
Stay tuned to Experience Adelaide’s website and AEDA's socials for the release of the Lot Fourteen episode on Wednesday 15 December.