New details have been revealed for the $100m Lot Fourteen innovation centre including holograms apparently.

The 16-storey Entrepreneur and Innovation Centre at North Terrace will feature an open foyer area including conference and event spaces, retail and food options, an office tower, two floors of innovation space, rooftop terrace and a bike-only basement.

The lush park will include lawns, large trees and play spaces, concert and event stage, multi-purpose playing fields, gardens and water features.

A new entry with be added for the Adelaide Botanic Gardens for direct access to the central park.

According to concept designs, the Entrepreneur and Innovation Centre will be at the forefront of technology with holograms! Nothing specific has been said about the images, though hints at the advanced technologies that will be hosted at Lot Fourteen.

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A dedicated design and production facility has been launched to create the world’s most PRECISE clock.

“At Lot Fourteen we are supercharging innovation, investment and the creation of high-value career and job opportunities for South Australians, particularly in our focus sectors of hi-tech, space and defence,” Premier Marshall said.

“Cryoclock ticks all of these boxes, as the company behind the world’s most precise clock and precision time and frequency solutions for use in defence, space, quantum computing and critical infrastructure.”

A report to the panel said the centre has “the potential to be a world-class innovation facility” and would be “the defining centrepiece of the Lot Fourteen precinct”.

“It is envisaged that the building be of a high architectural standard and achieve substantial gains in environmental sustainability,” the report says.

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There are 35 businesses based on the current lot and by 2028 more than 6000 people are expected to be working at Lot Fourteen.