Stage 1 commences on $60 million Berrinba mixed-use development
Queensland developer De Luca Corporation have begun construction on a large scale $60 million mixed-use development project in Berrinba called Berrinba Central.
Founder and Managing Director Nic De Luca said, “This is an extremely exciting time as we have made a speedy and significant commencement on Stage 1 securing an excellent tenant mix”.
Just 30 minutes to Brisbane and the Gold Coast, Berrinba Central is located on the corner of Browns Plains Road and Wayne Goss Drive servicing a population of over 41,300 growing at 2.9% per annum.
The location is perfect for the growing needs of the area with over 30,000 cars currently travelling past the site each day and an expected increase to 37,000 cars by 2026.
Tenants who are now committed to the site include; United Fuel Petroleum, Pie Face, Sparkles Car Wash, Bridgestone Tyres and Starbucks. Stage 1 is 90% pre-committed with only one 600sqm service retail vacancy remaining.
The site is currently going through bulk earthworks and service upgrades with Stage one due for completion late 2020.
The Master plan for Stage 2 is currently being finalised and earmarked to include a tavern / club, short term accommodation and bulky goods / retail.
“We are gearing up to move into Stage 2 of the project in the second half of 2020 with new tenant pre commitments currently being finalised and we hope to have the entire development completed by the end of 2021” Mr De Luca said. “Having only settled the site in late 2019, this is an excellent outcome for the project and the Logan area”.
Mitchell Willett of De Luca Corporation is the Leasing Agent for the remainder of this project.
MEDIA ENQUIRIES
Cherie Kelly [E] ckelly@deluca.com.au
About Berrinba Central
Located within the heart of one of the fastest growing areas of South East Queensland, the development is centrally located between Brisbane, the Gold Coast and Ipswich, with easy access to the Logan Motorway and the Mt Lindesay Highway.
It is surrounded by the neighbouring suburbs of Browns Plains, Heritage Park, Marsden, Park Ridge and Regents Park as well as the employment hubs of SouthWest 1 Enterprise Park and Crestmead Industrial Estates.
The site is also located within the Berrinba Mixed Industry Business Area, the commercial and industrial lands which extend between Wembley Road at Logan Central and Browns Plains Road, Berrinba.
