Deloitte takes key tenancy at Festival Tower bringing 1000 jobs to Adelaide

Deloitte Australia is embarking on a major growth strategy in South Australia, announcing it will create 1000 new jobs in Adelaide’s CBD, at its brand new headquarters in Walker Corporation’s Festival Tower.

Premier Peter Malinauskas said Deloitte’s presence in Festival Tower is a strong endorsement of South Australia’s future from a highly-respected multi-national company.

“A thousand more jobs created for young South Australians is proof that big business sees Adelaide as the future for investment," said Mr Malinauskas.

“Deloitte’s major commitment helps reverse the brain-drain with good paying jobs to keep our brightest minds here in Adelaide.”

Deloitte will occupy four floors of Festival Tower, Adelaide’s most premium office space, increasing its staff to 1500 over the next 3 years.

Deloitte Australia Managing Partner for Adelaide Hendri Mentz said the new jobs will be a big plus for graduates and young Adelaideans just out of university.

“Our new offices at Festival Tower will raise the benchmark in modern workspace enabling our teams to collaborate better than ever and create outstanding solutions for our clients,” Mr Mentz said.

“It’s premium, it’s convenient and it’s the best address in town.”

“This highly sustainable all electric tower also brings us ever closer to our goal to procure 100% of our electricity from renewable sources.”

Festival Tower will be the most sustainable office building in Adelaide with a 6 star Green star rating and 5.5 star NABERS rating.

Walker Chief Executive Officer David Gallant said Deloitte’s move to Festival Tower reaffirms its position as the number one place to do business in Adelaide.

“Festival Tower is an integral part of South Australia’s best urban transformation with unrivalled connectivity linking to trains, trams, buses and active transport,” Mr Gallant said.

“Festival Tower is bringing unrivalled quality to Adelaide’s commercial office space market that has never been seen before, and that is creating strong demand in our leasing enquiries.

“Deloitte’s presence will be the impetus for many other blue-chip organisations, looking to position themselves in the true heart of Adelaide.”

“Festival Plaza will be activated like never before into a buzzing mixed-use precinct with quality restaurants and shops surrounded by open space and Walker is currently in negotiations with some of South Australia’s most exciting and well-known retailers.”

Festival Tower will host Deloitte’s Centre for Innovation and Technology, developing large-scale tech and audit solutions for clients nationwide.

“This innovation centre in partnership with our alliance partners will create cutting edge technology spaces for clients to come in and produce the technology solutions for the future,” Mr Mentz said.

More than 4,000 workers will call Festival Tower home from 2023 while over a thousand jobs are being created during the construction of the 29-level tower, delivering a vital employment boost to the state’s economy.