The Cumberland Council has given Development Approval to Mirvac for its new industrial estate project to be located at 300 Manchester Road in Auburn, New South Wales. With this approval, Mirvac will continue progressing plans to get the project shovel ready in 2021 Financial Year.
“With more people staying at home, there has been a rapid increase in demand for e-commerce services. To meet future needs we are committed to delivering cutting-edge industrial warehouses and logistics facilities like the one planned for Auburn.
“Against the current climate, Mirvac has adapted its operations and is progressing development plans and construction across its portfolio. Continuing momentum on our developments ensures we are well placed to help support the recovery of Australia’s economy on the other side of COVID-19,” Mirvac General Manager – Industrial Richard Seddon said.
The development will stand on a 14-hectare site and it is set to become a state-of-the-art industrial estate and vibrant employment precinct. Once completed, the new industrial estate will provide premium facilities including flexible warehousing, office space and small-scale local amenities. The estate will cover approximately 73,000-SQM of floor space.
The new industrial estate will attract various industries to set up shop in the Auburn region – including warehouse and distribution, advanced manufacturing and innovation industries – to cater to the growing demand in online shopping as well as the need for additional ‘last mile’ delivery locations.
“At Auburn, our vision is to deliver a precinct that represents a new age for industrial estates. Our plans include bringing leading technology together with unique amenity for future workers and the local community,” Mr Seddon said.
The future industrial estate is located near the Auburn town centre, approximately 3.3 kilometres from the Parramatta CBD and 18 kilometres from the Sydney CBD.
In addition to the estate development, Mirvac will also be investing in community infrastructure through upgrade works on the Chisholm and Manchester Road intersection which will cater to traffic moving to and from the estate.
This project is a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).
The development will create about 700 jobs during construction and up to 1,000 permanent jobs as well as contribute $269 million to the local economy.
Subscribe to the Felix Project News today to stay up to date with the latest industry news and project updates.
Source: Mirvac; The Urban Developer
