A $200,000 State Government grant has been offered to Tailem Bend’s Riverside Hotel Motel to help create a new outdoor dining experience with spectacular views overlooking the River Murray.
The plan for an $800,000 expansion of the hotel will increase its capacity for outdoor dining from 16 seats to 80 seats, supported by the Regional Development Fund grant.
Riverside currently employs 27 people which would increase by an additional seven full-time equivalent jobs at completion of the project and seven jobs during construction.
The project scope includes a large, all-weather restaurant deck to expand the hotel's dining room and to provide a premium food and wine experience for the projected increased number of new visitors to the town in 2018.
Riverside Hotel Motel was built as a community hotel in 1957. It is located on the Princes Highway at Tailem Bend overlooking the Jervois and Murray Bridge plains.
It was purchased in November 2013 by Mark and Joan Jericho. Mark has more than 20 years' experience in the hospitality industry and is the immediate past chairman of the Tailem Bend Business and Tourism Association.
The Regional Development Fund (RDF) drives economic growth through grants to boost investment in regional infrastructure and the creation of jobs in South Australia.
The RDF has been independently assessed by Ernst and Young. This assessment showed that projects supported by the RDF in the 2016/17 financial year alone would make an economic contribution to the state of over $1 billion and create over 3000 regional jobs.
Quotes attributable to Regional Development Minister Geoff Brock
What an exciting year 2018 will be in and around Tailem Bend – we're going to see huge growth in the region's economic activity.
This project will complement the new $100 million Bend Motorsport Park which is anticipated to bring thousands of new visitors to the region
Tailem Bend is open for business, and the town is preparing for a very busy time ahead.
Quotes attributable to Riverside Hotel Motel co-owner Mark Jericho
Tailem Bend has always been a popular stop for people travelling to and from the eastern states to Adelaide – in fact, they currently contribute to about one-third of Riverside's patronage.
This grant from the Regional Development Fund will allow us to realise our ambition to exceed expectations for new and returning visitors with a unique outdoor dining experience.