NATIONAL private development company Walker Corporation has unveiled its master plan for a billion dollar industrial mega-centre at Ipswich with vital access to a national transportation grid.
The 335 hectare integrated business precinct to be known as Citiswich will feature a mix of industrial, commercial, residential, open space and business uses in a master planned estate.
It is set to become one of the leading developments of its kind, according to Walker Corporation. Situated at the junction of the Ipswich Motorway, Warrego Highway and the Cunningham Highway, only 22 kilometres from the CBD and 8 km from Ipswich, Citiswich will connect businesses to the major transport and economic flows to and from the south-east corner of the State.
The Citiswich site which is now being developed by Walker Corporation was formerly known as Bremer Business Park.
Walker Corporation will spend about $250 million on land development in seven stages over the next 8-12 years, and ultimately Citiswich is expected to provide the base for industries employing up to 5000 people.
Included in the infrastructure works is a link between Brisbane Road and the Warrego Highway, which will create a huge benefit for local traffic flows.
Development approvals for Stage One are expected to be finalised by the new year, with the first land settlements expected by the middle of next year.
Walker Corporation Queensland General Manager, Peter Saba, said Citiswich would offer options for either land purchase or purpose-built facilities for leasing.
“Citiswich will offer businesses an outstanding opportunity to capitalise on the current shortage of available land and building alternatives in south-east Queensland,” he said.
“The name Citiswich makes a distinct reference to its strategic location near Ipswich and its exceptional transport connectivity.
“Walker Corporation plans to bring its exemplary standards of development to this industrial precinct to create a modern, connected and smart location for business in south-east Queensland.
“Citiswich will cater for all sectors of industry ranging from local operators up to large scale national and international businesses. ”
“Lots in the first stage will range from 4000 sqm to 12 hectares, and in later stages, Citiswich will offer lots from as small as 1000 sqm.
“Citiswich is an ideal location for manufacturing industries, distribution and logistics operators, warehouse and storage facilities, construction and service industries, mining companies and research and technology firms.” Citiswich has direct access to the Bremer River and will include public open space, parklands and recreational facilities.
With significant landscaping, wide buffer zones and set-backs it will have a minimal visual impact on the surrounding area. Citiswich has a frontage to the Warrego Highway, offering high-exposure premises for light industry, commercial activities and corporate headquarters.
Saba said Citiswich would eventually be one of the major industrial areas servicing south-east Queensland.
“As industries look to establish a corporate foothold in south-east Queensland or to relocate from more expensive and congested city sites, Citiswich will provide an ideal alternative in a strategic and highly accessible location,” he said.
“Walker Corporation is delighted to be involved with the growth of the Ipswich area and to be able to work with such a progressive local Council to create the base for future business and industry development.
“Walker Corporation has made a long-term commitment to the growth of the Ipswich area with the development of Citiswich.”
Walker Corporation has a diverse portfolio of innovative, high quality developments across all property sectors and is one of Australia’s most successful long term property groups.
Walker Corporation has projects valued at $1.8 billion in Queensland alone and is still on the lookout for further acquisitions as well as developing current major sites.
Previous industrial developments include Acacia Links, a 13 hectare modern industrial subdivision near Brisbane, APN Print Facitility, a 9270 sqm state of the art print facitility at Yandina, Sunshine Coast, a 27,000 sqm distribution centre for TNT Logistics at Erskine Park in NSW, a 16,400 sqm facility for Toll Ipec at Morebank, Sydney, and a 33,000 sqm facility and associated heavy duty pavements for P&O Trans Australia at Port Botany, Sydney.