[5] In 2017, the South Australian government approved a $45 million redevelopment of the Port Canal Shopping Centre consisting of a new mall built in connection with the existing Coles and Kmart.

[7][8][9] In 2019, Precision Group entered into an agreement with Autonomous Energy to install an 824 kW solar system on the centre’s rooftop.

[10] On December 3, 2020, Port Adelaide Plaza completed the second stage of its now-$50 million redevelopment, with an additional dozen new dining and retail stores.

[11][12] In October 2021, the final stage of the Port Adelaide Plaza's redevelopment opened, with 12 new retailers and 97% of the space leased.

[13][14] In July 2023, Wesfarmers announced that the Kmart store located within Port Adelaide Plaza would be permanently closing in 2024.