Most of the new development in Adelaide's CBD since the recession caused by the 2007-8 global financial crisis has been apartment towers. All Australia’s state capitals have seen versions of this phenomenon, but the pace and scale of change in Adelaide is much less than it has been in Melbourne's Docklands or in the inner west of Sydney.
The exception to the apartment boom are the new buildings along the western side of North Terrace--that is the expansion of the Convention Centre and the new health and biomedical precinct around and down from the Morphett Street Bridge . The latter consists of the new Royal Adelaide Hospital, the South Australian Health and Medical Research Institute, (SAHMRI), the Health Innovation Building (University of South Australia), and the Adelaide Medical and Nursing Schools (University of Adelaide).
The CBD has been rapidly changing since we left living in the CBD in 2015. We just saw the start of the redevelopment prior to leaving to living on the coast. We had a sense of Adelaide being between its decaying industrial past with its rust-belt imagery (eg. of Whyalla) and a high tech driven future. The promise was one of revitalisation of a moribund urban life with its underperforming public school system, chronic public-sector management woes and pockets of intense outer suburban poverty.