Mirvac Group has secured Development Approval from Cumberland Council for its most recent industrial estate at 300 Manchester Road, Auburn.
Construction on a new $250 million industrial estate in the Western Sydney suburb of Auburn will commence this year after developer Mirvac was granted council approval for the project.
Comprising 14 hectares, the site at 300 Manchester Road is set to provide over 700 construction jobs, 1,000 permanent jobs and contribute $269 million to the local economy.
According to Mirvac, the completed development will blend flexible warehousing, office space and small-scale local amenities such as a local cafe, totalling approximately 73,000 square metres of floor space.
At a glance:
Mirvac Industrial General Manager Richard Seddon said the site was expected to attract warehouse and distribution, advanced manufacturing and innovation industries to the Auburn area, which will cater to the growing demand in online shopping and the need for more ‘last mile’ delivery locations.
“At Auburn, our vision is to deliver a precinct that represents a new age for industrial estates," he said.
"Our plans include bringing leading technology together with unique amenity for future workers and the local community.”
Mr Seddon pointed to growing e-commerce trends driving the need for new logistics hubs, with recent research from Nielsen showing a 45 per cent growth in online sales in Australia when compared to the same time last year.
“With more people staying at home, there has been a rapid increase in demand for e-commerce services," he said.
"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.”
The suburb of Auburn is well placed to benefit from significant infrastructure investment, including the $16.8 billion WestConnex project which will improve connections from the Inner West to the CBD, through to South Sydney and Port Botany, via a new underground M4-M5 link.
Mirvac is also investing in community infrastructure by upgrading the intersection of Chisholm and Manchester Road to accommodate traffic moving to and from the estate.
Mirvac’s redevelopment of the site is a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).
Click here for more information about Mirvac's Office and Industrial assets.
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