Deloitte to relocate Adelaide office to Festival Tower development

23 November 2022 2 min. read
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To support its agenda of boosting employee numbers by 1,000 over the next five years, Deloitte will relocate its Adelaide practice to new offices in the Festival Tower building from 2024.

Due for completion by the end of 2023, Deloitte will take up around 7,000 square metres across four of the building’s 29 floors, and has already dubbed the new space an “Innovation Jungle”.

“Our new home will see us raise the benchmark in modern workspaces, by creating an environment which fosters a culture of innovation, learning and experimentation,” said Deloitte Adelaide managing partner Hendri Mentz. “One which makes collaborating in-person, and virtually, even easier, to ensure our people are well supported to make choices about where and how they work, based on client, team and individual needs.”

Festival Tower

Deloitte has been gearing up its operations in Adelaide over the past eighteen months, initially via a recruitment drive within its consulting arm and then in selecting the city for the launch of its first Australian Centre for Innovation and Technology – a move which the firm said at the time would add 500 new jobs over two years. Now, like rivals PwC, Deloitte has expanded its job creation targets, with the firm looking to double its planned intake.

Mentz continued; “It’s an important chapter in our Adelaide growth journey, with Deloitte set to expand by 1,000 new employees over the next five years, in line with our commitment to providing exciting and challenging career opportunities for young people. Our new Academy, co-designed with the University of Adelaide to support and fast-track students’ entry into the workforce, will play a key role in this.”

Incidentally, Deloitte will be joining another university in Festival Tower, with Flinders Uni to establish a city campus across eight levels as the development’s anchor tenant. The move will see Deloitte become one of the major tenants of Festival Tower.

Meanwhile, Mentz was joined in making the announcement by South Australia Premier Peter Malinauskas and David Gallant, CEO of projects developers Walker Corporation, who stated that Deloitte’s presence would provide motivation for other blue-chip organisations to sign up.

Currently based on Waymouth street close to Victoria Square, Deloitte Adelaide isn’t the only member of the firm’s national network preparing to upgrade offices. Deloitte’s Brisbane branch has pre-committed to eight floors in Waterfront Brisbane’s north tower in anticipation of doubling its local headcount by 2025, while its Sydney practice is still waiting to move into the award-winning Quay Quarter Tower development.