This article is from the Australian Property Journal archive
WITH stage one wrapped up, expressions of interest are open for stage two of the Peel Business Park in Nambeelup.
The 1,000-hectare development at the industrial estate, which is being delivered by DevelopmentWA, is part of the Western Australian state government’s $49 million Transform Peel initiative.
“Peel Business Park is really going to be the powerhouse of the Peel region for economic growth and jobs, with a focus on creating opportunity through industry,” said Tony Buti, lands minister.
The initiative, which was designed to produce new jobs and industries, stimulate enterprise and deliver sustainable sources of food and water for the region.
Stage one of the park, which was completed last August, received more than $20 million in major infrastructure extension works before its completion and is expected to bring more than 250 ongoing jobs and boost the local economy by $73 million annually.
“The Business Park is a game-changer for Western Australian agri-innovation, industry, transport and logistics, and it’s a great example of the work the Industrial Lands Authority does in supplying strategically-located industrial land to support WA’s economic prosperity,” added Buti.
The Peel region is a key regional precinct for growth, just 10km north-east of Mandurah and on the border of the South West agricultural region.
“This really is a rare opportunity in the gateway to the Peel agricultural region with the ability to secure development approvals prior to titles,” said Alannah MacTiernan, regional development minister.
Early businesses who register their interest in stage two will be able to tailor lot sizes and shapes per their business’s needs.
“With the opportunity to tailor lot sizes in Stage 2, forward-thinking investors, businesses and developers have the chance to get in on the ground floor of the Peel region’s development and position themselves to be a part of this growth,” added MacTiernan.
Over the past six months the Department of Fire and Emergency Services’ $18 million Bushfire Centre of Excellence was purpose built and opened. With the first of its kind centre offering a place for learning based on academic, scientific and Aboriginal land management practices.
Additionally, stage one included the delivery by Peel Renewable Energy of the country’s fist renewable energy industrial microgrid, which is set to save businesses up to 30% in electricity costs.
While a Food Innovation Precinct was also completed by the Shire of Murray, with support from the government’s Regional Growth Fund. The precinct is designed to enable growers, producers and industry leaders to participate in commercial research and development as well as test prototypes and products.
Expressions of interest for stage two are set to close on 30 June 2021.
