Premier Peter Malinauskas and Adelaide Lord Mayor Jane Lomax-Smith have announced redevelopment plans for the former city bus terminal at 111-129 Franklin Street. 

The 6,850m² council-owned site is currently home to The Joinery, a community space, car parks and electric vehicle charging stations. When redeveloped it will house 392 apartments, a 208-room hotel, civic centre and commercial office space within a 26-storey west tower and an 18-storey east tower.

Construction is not expected to begin until 2026 with full competition in 2029. This work will be staged while the $400m Market Square development is underway to minimise car parking losses.