Expression of Interest Waterfront Port Approach North Port Approach North

The Port Approach North Precinct comprises approximately 12 hectares of land, located 14 kilometres from the Adelaide CBD, 7 kilometres from Osborne Naval Shipyard, and less than 2 kilometres from the city centre of Port Adelaide. The former Incitec Pivot site is strategically located at the base of the Lefevre Peninsula, with direct access on to the Expressway (PREXY). Page 5

Two kilometres Seven kilometres N to Semaphore Beach to Osborne Naval shipyard

Cruickshank’s Port North Fletcher’s Corner Port Approach West Slip Approach South North River Glanville Port Train Station Dock ne Hart’s Mill

14 kilometres to Adelaide CBD

Ethelton Renewal SA is seeking Renewal SA is seeking innovative This opportunity is suitable for development, and what is required Train Station and appropriate proposals for the local, national and international to lodge a Submission. The final Expressions of Interest redevelopmentPort Adelaide of approximately 12 developers or investors with the section of this Invitation also details The on behalf of the hectaresTrain of prime Station land, now known vision and experience to capitalise on the Terms and Conditions that form as the Port Approach North Precinct. the strategic location of this unique part of this Invitation that must be State Government to Formerly the site for fertiliser land holding. Interested parties are read and understood prior to collaboratively plan company Incitec Pivot, the land is encouraged to lodge a Submission lodging a Submission. opportunity is being sold with vacant possession in response to this Expression of Renewal SA has appointed and redevelop the Port and is envisaged to transition into a Interest (EOI) Invitation. commercial real estate agents, Approach North Precinct. commercial and/or light industrial This Invitation provides important Jones Lang LeSalle (JLL) to manage precinct, providing a buffer between information in relation to the the EOI process which closes on residential activities to the south and Land, Renewal SA’s vision for its Thursday 11 July at 2pm. industrial activities to the north. Page 7

About Adelaide

Adelaide, – A key location for sustainable business: Adelaide is South Australia offers a highly and business sectors, technology • a robust, resilient, knowledge based • the state provides residents with a competitive environment and an and creative industries, and economy – with capacity to grow world-class education system; leaders consistently rated ease of doing business that supports future industries and advanced in research and development; and a • expanding state population of amongst the world’s profitable investments. manufacturing. 1.7 million people with Adelaide flexible and skilled workforce most liveable cities, From an economic perspective, The urban development sector comprising 1.3 million residents • from 2012 to 2017, Adelaide has been South Australia has extensive trade directly benefits from the state’s rated as the fifth most liveable city in resulting from good • world leading mineral and energy and export networks and is linked to diverse and expanding economy assets – ranked as Australia’s top the world planning by State the fast-growing Asian economies. and the Adelaide metropolitan destination for resource investment the Federal Government’s area is being transformed by new • Governments over Growing South Australian sectors $41m Australian Space Agency investment in high-quality urban • leading agricultural region producing are minerals and energy resources, is based at Lot Fourteen many decades. developments to support the state’s quality food and wine for global food and agribusiness, financial growing number of residents. export markets • the Adelaide Biomed Precinct, once complete, will host up to • home to Australia’s wind and solar power industries 15,000 people involved in research at any one time. Page 9

Port Desired Adelaide outcomes

Port Adelaide Located 14 kilometres north-west Construction of these residential Renewal SA is The Precinct Plan prepared by Renewal SA aims to facilitate of the Adelaide CBD, Port Adelaide precincts are well underway and Renewal SA is a blueprint for the accelerated proposals. Preference is evolving into plays an important role in the expected to continue for the next committed to the future development of Port Adelaide, will be given to Submissions with an area where future of South Australia as a major 7-10 years. The adjoining residential revitalisation of Port and seeks to achieve the vision clear capacity and commitment to strategic centre serving a regional development to the south of the of more people living, working, deliver. creativity, commerce, catchment. New developments are Port Approach North Precinct is the Adelaide and is keen investing and spending time in Port The following Project Objectives are well underway, attracting a growing development by StarFish developers, Adelaide. It also clearly articulates entertainment and to take advantage sought by State Government for the local population and more workers. which has commenced at Dock One. our aspirations for the whole area as Port Approach North Precinct: education fuse of the momentum well as for each defined precinct. Through Renewal SA’s urban The relocation of Incitec Pivot from into one energetic created by the success • maximise economic development renewal project, Our Port, the State the Port Approach North Precinct Two Development Plan Amendments outcomes through construction and rewarding Government has a vision to see more to outer Port Adelaide, now provides of Our Port to date. (DPA) reflecting this strategic activity and job creation people living, working, investing and the opportunity to release this land direction were completed in 2015 destination. • create sustainable employment spending time in Port Adelaide. It for redevelopment to maximise and 2016 to update the City of Port opportunities through is a plan that is being successfully economic development outcomes in Adelaide Enfield Development Plan appropriate commercial and light embraced by local government, Port Adelaide through construction for the Port Adelaide Centre. industrial development local business owners, residents and activity and job creation. Submissions should be consistent increasingly the wider community. • stimulate urban renewal by with the Port Adelaide Enfield facilitating attractive investment Renewal SA’s last major land release Development Plan and Proponents opportunities for the private in 2015 resulted in over 20 hectares should note that Renewal SA is not sector. of land being contracted for sale to interested in rezoning the site and multiple developers. does not have authority to rezone land or make amendments to the current zoning policy. Page 11

Precinct boundary Key things to know Development opportunity

Port Adelaide To the south of the Port Approach North Precinct, a major new and the broader residential development has Lefevre Peninsula commenced construction and will deliver approximately 650 have a number of dwellings over the next 7 to 10 existing industrial years. This development will include construction of a new pedestrian operations including bridge over Dock One to improve Osborne Naval pedestrian connectivity between Shipyard; Australia’s Dock Two and the Port Centre. largest naval The State Government is about to commence construction of a new shipbuilding hub. train station approximately 200 metres to the south of St Vincent Street. The new train station will be Osborne Naval Shipyard is the located opposite Dock One and will confirmed build location for the improve public transport access to Future Submarine Program which Dock One and Dock Two, as well as includes the production of 12 greater Port Adelaide. submarines. The largest defence procurement in the nation’s history, Fertiliser manufacturing facilities the program is an investment of have operated on the majority of the more than $50 billion and will site for around 100 years therefore it sustain thousands of jobs is likely that site remediation will be on the site for decades to come. required, dependent on the nature The Future Submarine Program is a of the redevelopment and type(s) part of the overall continuous Naval of land uses proposed. Renewal SA Shipbuilding Plan that includes has undertaken some due diligence the production and maintenance into the land characteristics which of defence ships, resulting in an are provided in the due diligence additional $35 billion investment; material, including: a total of over $80 billion. South • environmental conditions Australia is expected to host a • building conditions significant portion of the works • extent of services. from the continuous Naval Shipbuilding Plan. These projects will transform South Australia’s economy and drive innovation across a range of related sectors. Page 13

Working with Renewal SA

Renewal SA is Further details about the stages of The role of Renewal SA will be this EOI process are set out in the dependent on Submissions received dedicated to creating ‘Process’ section of this Invitation. from successful Proponent(s) for the whole or part of the land, and a better place for all Renewal SA is issuing this Invitation the arrangements being reflected on the basis that Proponents are South Australians by in final negotiated legally binding entitled to make a Submission in agreements with the successful developing accessible, respect to the whole or part of the Proponent(s). connected and Port Approach North Precinct. Renewal SA has engaged an vibrant places where As part of its role to manage independent probity advisor to this development opportunity, people want to live, oversee the process and appointed Renewal SA envisages that it will be Jones Lang LaSalle (JLL) to act as work and invest. responsible for: agents in this process. • stimulating urban renewal by Renewal SA is the freehold owner facilitating attractive investment of all of the discrete land parcels opportunities for the private forming the land which is the sector subject of this EOI. Cabinet has • understanding planning appointed Renewal SA to manage and site preparation risks to the development opportunity give confidence to potential process being undertaken pursuant purchasers/development partners to this Invitation. This includes • collaborating with the private the assessment of submissions and sector if necessary to share proposals in Stages 1 and 2 and the development risk. negotiation of the key commercial terms and legal documents contemplated as part of Stage 3, subject to all required State Government approvals being obtained. Page 15

The process

As at the date of this Invitation, All Submissions submitted in Stage 2: If Renewal SA determines to Stage 3: The above process is indicative only Renewal SA intends to run a three accordance with this Invitation, Shortlisted Proponents – undertake a RFP as part of Stage 2, Negotiation and may be varied and is also subject stage process to identify a suitable whether for the whole or part of August 2019 the nature and extent of information of contractual to necessary State Government Proponent(s) to work collaboratively the Land, will be evaluated by an required may vary depending on arrangements approvals, including the approval to plan and develop the whole or part Evaluation Panel established for the As at the date of this Invitation, whether submissions that have of Cabinet. Renewal SA retains of the land. purposes of this Invitation against Renewal SA has not determined the been received are for large multiple If this process proceeds to Stage 3, the right to vary or abandon the the Evaluation Criteria. Renewal process to follow this Invitation and holdings or smaller single holdings. Renewal SA: Invitation Process at any time. SA reserves the right in its absolute will decide on the nature of Stage 2 Renewal SA reserves the right to • will undertake negotiations (on Stage 1: discretion for the Evaluation Panel and whether to proceed or not after tailor the RFPs that it elects to behalf of the State Government) Expression of Interest – to evaluate any Submission which the Evaluation Panel has assessed provide as part of Stage 2 having to seek to finalise legally binding is not submitted in accordance with and considered all Submissions. regard to the land parcels identified May 2019 contractual arrangements with this Invitation. The Evaluation Panel Proponents should be aware that in Submissions. This document details Stage 1 of the preferred Proponent(s) will use the Evaluation Criteria to Stage 2 may include: the EOI process pursuant to which consistent with its proposal assess and evaluate Submissions Submissions are sought from • the shortlisting of Proponent(s) • may determine and notify to determine the Proponent’s suitable Proponent(s) to develop and a request for further the preferred Proponent(s) capability to fulfil the objectives the Land (ideally as a whole single information via a Request for of the ongoing governance and requirements specified in this development, or if requested by Proposal (RFP); or arrangements required by Invitation. Renewal SA reserves the the proponent, in part by way of • the appointment of preferred the State Government to be right for the Evaluation Panel to individual land parcels). Proponents Proponent(s); or incorporated as part of the legally evaluate Submissions on a staged are strongly encouraged to read the • termination of this process; or binding contractual arrangements basis and to determine not to give Precinct Plan and the City of Port to deliver the development further consideration to a particular • any one or more of the above Adelaide Enfield’s Development Plan opportunity, in respect of the Submission(s) at any time whilst alternatives in respect of any (latest consolidation). land parcel(s) forming part of the continuing to consider another individual land parcel comprising Land the subject of the Stage 3 Submission(s). the land which has been the subject of a Submission in Stage 1. negotiations. Page 17

What you need to do to be involved in Expression of Interest

In providing a submission to this Expression of Interest, Proponents are to provide the following: The Evaluation Criteria are in no particular Clarification during the Contact us order and the order in which they appear Invitation Process Any queries in regards to this Invitation bears no relationship to their individual 1. Proponent details 2. Land details 3. Invitation response The Proponent may raise a query or should be directed to the Contact Persons: weighting or importance. Register with SA Government Tenders and Proponents are to identify whether they Renewal SA will use the Evaluation seek clarification at any time up to five Jones Lang LaSalle (SA) Pty Ltd Contracts, listing all appropriate Proponent intend to develop the whole of the Land or Criteria set out in the table below to For ease of preparation and internal (5) business days before the Submission Level 18, Grenfell Centre details. only specific parcels of Land. Proponents must assess and evaluate Submissions. distribution, the Proponent must ensure its closing times. Proponents should note that: 25 Grenfell Street identify, by way of a detailed plan that identifies Submission is offered in A4 paper format. the part(s) of the Land that the Proponent • the Contact Persons will field queries in Adelaide SA 5000 The information requested in this relation to this EOI and forward them wishes to develop pursuant to its Submission. Attention: Roger Klem Invitation will form the basis of Renewal to Renewal SA for a formal response Mobile: 0423 919 373 SA’s assessment of Submissions against • Renewal SA reserves the right to (or Email: [email protected] Evaluation criteria What to provide How much to provide the Evaluation Criteria and Renewal SA not to) inform all other Proponents of therefore encourages the Proponent’s the question or matter raised and the Attention: Kym Hutchins Proponent capability Submission to be completed with the response given Mobile: 0438 836 817 requested information and details to Email: [email protected] Experience and expertise of the team Provide a summary of the Proponent’s Two page summary and an additional • Renewal SA reserves the right to enable Renewal SA to make an effective capability, including resumes of team members one page for each resume respond or not respond at its discretion The Contact Persons are the only people evaluation. If a Submission does not detailing relevant experience and expertise. to any query or matter raised. authorised by Renewal SA to communicate include the specified information, or with a Proponent. is incomplete, it may be excluded from Where matters of significance make Relevant case studies Provide three case studies of developments Maximum of one page for each case consideration or may be assessed solely on it necessary for Renewal SA to amend relevant to that proposed in the Submission. study the information received. the Invitation or provide additional information prior to the Submission Further information Financial capacity Summarise balance sheet for the Proponent Maximum of one page Closing Time, the amendments shall be Information in relation to the Invitation is and likely source of funding for the project. advised as an addendum or ‘update’ on the currently available on the SA Tenders and SA Tenders and Contracts website. Contracts website tenders.sa.gov.au Development proposal Provide a high level summary of the Maximum of three pages of text and development proposal and outcomes envisaged two pages of plans It is each Proponents’ responsibility to for the site including description of: Lodgement regularly review the website for addendums or ‘updates’ to the development opportunity • consistency with the Port Adelaide Precinct Electronic Lodgement Invitation Process. Plan and the City of Port Adelaide Enfield Electronic Submissions are only accessible Development Plan via SA Tenders & Contracts. • development timeframe(s) • relationship/contribution to the renewal of tenders.sa.gov.au Port Adelaide. Proponents must login using their SA Tenders & Contracts account details and Development model Provide a high level description of: Maximum of three pages select the relevant opportunity they wish to • the preferred development model; submit. • the proposed management structure to be Select the ‘SUBMIT ONLINE’ tab from established between the Proponent and the sub-navigation menu and follow the State Government to deliver the project instructions. • Indicative square metre rate and any Please note the technical specifications conditions the offer will be subject to outlined on the website before lodging a • the timing and basis of determining Submission. payment to State Government for the Land. Page 19

Terms and Conditions

Non-binding nature of Invitation Proponent acknowledgements Probity Reservation of Rights Proponents Submission costs Definitions/Glossary

This Invitation is not: Each Proponent agrees and acknowledges Renewal SA expects that Proponents will: Renewal SA may: Any and all costs incurred by Proponents Contact Persons that: in lodging a Submission as a result of this • The persons described on page 17. • an offer to sell of any kind and does not • not disclose to any rival Proponent • extend the Submission Closing Time Invitation shall be the sole responsibility necessarily indicate an intention by • they have fully informed themselves of their response (time or date) Evaluation Criteria of that Proponent. • The evaluation criteria set out on page 16. Renewal SA to enter into legal relations all conditions and matters relating to • submit a response in good faith and not • amend this Invitation at any time and with any party the Invitation deliberately submit a response in order will give notice of such amendment via Evaluation Panel • to be interpreted as creating a binding • they have sought and examined to enhance the response of any other the Website and all such variations will • The panel established by Renewal SA Publicity and confidentiality contract (including a process contract) all necessary information which is Proponents be binding on each Proponent to evaluate Submissions. as between Renewal SA and any obtainable by making reasonable • maintain the confidentiality of the • ask any Proponent to clarify any Information supplied by or on behalf of Invitation Proponent or giving rise to any: enquiries relevant to the risks, documents and information provided ambiguity or provide additional Renewal SA is confidential to Renewal SA • The Invitation for Expressions of Interest • contractual, quasi-contractual, contingencies and other circumstances by Renewal SA, including answers to information in support of a Submission and each Proponent is obliged to maintain as set out on pages 4/5. confidentiality. restitutionary or promissory • they do not rely on any expressed questions, whether oral or written • negotiate directly with any Invitation Process estoppel rights; or or implied statement, warranty, • make inquiries and otherwise liaise on Proponent(s) and discontinue Although Renewal SA understands • The process for the Invitation as set • expectations as to the manner in representation, whether oral, written matters relating to this Invitation only negotiations at any stage of the process the need to keep commercial matters out on pages 14/15. or otherwise, made by or on behalf of which a Proponent will be treated with the Contact Persons • undertake negotiations with another confidential, Renewal SA reserves the right Land Renewal SA, the Contact Person or in the evaluation. • declare any actual, potential or Proponent or any other person or to disclose some or all of the contents of • Certificates of Title: any employee, agent or contractor of perceived conflict of interest as part of company No legal or other obligations will arise until any Submission: CT 6028/405, CT 6089/395, CT 6070/784, Renewal SA the Invitation Process • perform financial, criminal record, parties execute formal documentation. • to any consultant or advisor as part CT 6070/785, CT 6070/786, CT 6070/787, • they have relied on their own • not offer any incentive to, or otherwise reference and character checks in of Renewal SA’s consideration of the CT 6070/789, CT 6070/790, CT 6070/791, Renewal SA is not obliged to proceed with, investigations and enquiries in lodging attempt to influence any employee relation to the Proponent and any Submission CT 6070/792, CT 6070/793, CT 6070/794, or negotiate, in respect of any Submission. a Submission of Renewal SA or any member of the parties related to it CT 6074/666 (Part allotment only) • Renewal SA, the Contact Person and • as a consequence of a constitutional evaluation committee • make any enquiries of any person, Precinct Plan any employee, agent or contractor convention in order that the relevant • not enter into any contract, company, organisation, or matter • The Port Adelaide Precinct Plan Disclaimer of Renewal SA are not liable for any Minister may answer questions raised arrangement or understanding related to the Proponent including available on the Renewal SA Website incorrect or misleading information or in the South Australian Parliament; The information set out in this Invitation where the purpose of that contract, confirmation of any information renewalsa.sa.gov.au/port-adelaide failure to disclose information whether keep Parliament informed or otherwise or the Website is not intended to be arrangement or understanding , in the provided by the Proponent. in connection with this Invitation or discharge the Minister’s duties and Project Objectives exhaustive and Proponents should make event that a Proponent is successful • consider a Submission submitted any document attached or related to obligations to Parliament and to advise • The objectives described on page 9. their own enquiries regarding: in its response, is that such Proponent otherwise than in accordance with this it including any information on the the Governor; Parliament and/or the Proponent will pay to or provide an unsuccessful Invitation or which is submitted after • the contents of this Invitation South Australian Government, or if Website. Proponent(s) or any other person(s) • A party that lodges a Submission the Submission Closing Time required to do so by law. Any condition money or any other benefit or fulfil any in response to the Invitation. • the suitability of the Land for any form • change the structure or timing of the in a Submission that purports to undertaking which is a consequence of State Government of development. Invitation process or the basis on which prohibit or restrict the Minister’s right any collusive circumstances Submissions are required, evaluated or • The Crown in right in the State Neither Renewal SA, the Contact Person to make such disclosures cannot be • comply with all laws in force in South accepted of South Australia. nor any employee, agent or contractor accepted. Australia applicable to the Invitation • seek advice of external consultants to Submission of Renewal SA provides any warranty or A Proponent must not make any news Process assist in the evaluation or review of • Any Submission lodged in response makes any representation, expressed or releases or respond to media enquires • comply with Renewal SA’s Fraud and Submissions to the Invitation. implied, as to the completeness or accuracy pertaining to this Invitation without Corruption Policy. • elect not to consider a Submission Submission Closing Time of the information either contained in or Renewal SA’s prior written approval. in connection with this Invitation or the If a Proponent acts contrary to the submitted by a Proponent that: • 2.00pm (Adelaide time) on Thursday Website. expectations set out above, Renewal • has a potential, actual or perceived If a Proponent acts contrary to these 11 July 2019 or as amended in SA may exclude the Proponent from conflict of interest; or expectation, Renewal SA may terminate accordance with this Invitation. A Proponent must undertake its own further consideration, including from any • employs or engages a person who negotiations and exclude such Proponents Terms and Conditions enquiries and satisfy itself in respect of subsequent selection process. has a potential, actual or perceived from the process. • The “Invitation Terms and Conditions” all matters contained in any information conflict of interest whether or not forming part of this Invitation. provided to it. An independent probity advisor has been the potential, actual or perceived Website appointed by Renewal SA to: Copyright and intellectual property conflict of interest is disclosed • renewalsa.sa.gov.au/ • scrutinise the processes contemplated • invite any person or company to lodge By lodging a Submission a Proponent port-approach-north-eoi • provide advice a Submission licenses Renewal SA to reproduce for the • ensure that the process is conducted • elect not to accept any Submission purpose of the Invitation Process the whole equitably and with integrity. which does not comply with the terms or any portion of the Submission, despite of this Invitation any copyright or other intellectual property • take any other actions it considers right that may exist in the Submission. appropriate. Renewal SA

For more information on Our Port visit: ourport.com.au renewalsa.sa.gov.au/port-adelaide

Sales Agent

For further information or to arrange an inspection of the property please contact the sales agent:

Jones Lang LaSalle (SA) Pty Ltd Level 18, Grenfell Centre, 25 Grenfell Street, Adelaide SA 5000

RLA 1842

Roger Klem 0423 919 373 [email protected]

Kym Hutchins 0438 836 817 [email protected]

Published May 2019