Business powers ahead

Logan City Council’s Investment Attraction Incentive Fund (IAIF) seeks to attract and strategically support projects in key industries.

And it has achieved some remarkable results in the past financial year.

The fund created more than 1000 jobs in manufacturing, health, medical and tourism infrastructure across the city between July 1 last year and June 30 this year.

The $635,000 Council allocated from the IAIF in 2021/2022 generated a staggering $448 million in capital investment.

That equates to about $705 invested in the city for every dollar spent by Council.

Economic Development Chair, Councillor Jon Raven, said the Investment Attraction Incentive Fund has been a game changer

“Logan is open for business. Councils are often seen as a barrier to local business, but we want to be the opposite,” Cr Raven said.

“The fund is creating jobs for local people and the city is powering ahead as a result.

“The numbers speak for themselves – the best place to run a successful business in South East Queensland is the City of Logan.”

Australia’s largest indoor play centre, Area 51, is the latest business to embrace the City of Logan.

The business is now operating seven days a week, 9am to 9pm, in the former Bunnings warehouse at 51 Kingston Road, Underwood.

The 10,000 square metre play centre offers something for all ages including an ‘air coaster’ zipline in the building’s roof, a multi-level trampoline park, climbing walls, a ninja warrior course and parkour equipment.

It also features a 300-seat café and 10 party rooms.

The business has created about 70 jobs.

An Asian night market and an outdoor movie theatre are also planned for the site.

Division 2 Councillor Teresa Lane said the community was excited to see the facility turn into a great local attraction.

“When the Asian night markets kick off, and the outdoor theatre starts up, a great night-time economy will draw even more visitors to the City of Logan,” Cr Lane said.