Massive development kickstarts jobs bonanza
Logan City Council has granted approval to one of the biggest industrial developments in the city’s history.
An industrial park of nine warehouses will be constructed by Mapletree Investments, a leading real estate development, investment, capital and property management company headquartered in Singapore.
The new $500m Mapletree Logistics Park – Crestmead will be built on 36 hectares of the new $1.5 billion Crestmead Logistics Estate launched by Council last year.
The development will deliver approximately 200,000 square metres of high-grade logistic warehousing and office space.
The site is expected to include buildings ranging in size from 5000sqm up to possibly a massive 100,000sqm – the equivalent of almost 20 football fields.
The project is expected to create at least 2500 jobs over four stages of construction.
City of Logan Mayor Darren Power said the project was a strong endorsement for investment in the city.
“This is the start of a development that will deliver thousands of jobs for locals,” Cr Power said.
“This project is a game-changer, not just for the City of Logan, but all of South East Queensland.
“Mapletree, one of the largest industrial developers in the world, is leading the way in showing investors that the City of Logan is an ideal place for businesses to set-up and grow.
“Despite the setbacks of last year, this project sends a clear message that Logan is again open for business and a new hub for jobs and investment.”
Mapletree Group’s Chief Executive Officer Hiew Yoon Khong said the organisation had a strong conviction on the growth prospects of Australia’s logistics real estate sector.
“Mapletree Logistics Park – Crestmead’s excellent connectivity to key transportation nodes will provide companies with a high-quality space in a strategic location,” Mr Hiew said.
The Mapletree development was approved under Council’s innovative RiskSmart approval process.
It was subject to a comprehensive pre-application review prior to the application being formally lodged and approved by Council and the State Government.
The Crestmead Logistics Estate, on the corner of Green and Clarke Roads, was launched by Council in August last year.
It will be rolled out over the next five years and will eventually deliver 650,000 sqm of warehousing, business, logistics and manufacturing space.
The estate’s appeal includes its easy accessibility to the Logan and Gateway Motorways, two of the busiest transport arterials in South East Queensland.
Crestmead Logistics Estate adds to an existing 367,000 sqm of commercial activity recently completed or planned in the City of Logan over the coming year.
Developments include:
- DHL – 19,000sqm $38m 132 jobs (complete)
- Mitre 10 – 27,000sqm $50m 110 jobs (complete)
- Alphabet (Wing) – 15,000sqmm 36 jobs (complete)
- Queensland Logistics Service – 15,000sqm 20 jobs (complete)
- Pinnacle Hardware – 14,000sqm 36 jobs (complete)
- CEVA – 21,000sqm (complete)
- Hutamaki and Phoenix Transport – 25,000sqm (complete)
- GPT – 13,000sqm (under construction) a further 72,000sqm to complete
- Rinnai 13,000sqm (complete)
- McPhee Transport 17,000sqm (under construction)
- Berrinba Central Shopping Centre (Stage 1 complete, Stage 2 and 3 under construction)
- Goodman 56,000sqm (under construction)
- Quilton 60,000sqm (13 sheds under construction)
