Past industrial estate developments

Economic Development Queensland (EDQ) has a long history of fostering economic growth by developing industrial estates in Queensland.

 

Past industrial estate features:

Arundel Industrial Estate

Arundel Industrial Estate is located off the Gold Coast Highway, on Harrison Street. The estate offered low-impact industry allotments, ranging from 1,800㎡ to 14,000㎡.

Benefit to the economy
It is estimated at build-out that Arundel Estate will contribute approximately $255.38 million (in 2016 dollars) to the SEQ economy and contribute 671 FTE positions to employment.

An economic study commissioned in 2016 showed that the estate has generated approximately 386 full time equivalent (FTE) positions and is estimated to contribute approximately $146.53 million (in 2016 dollars) to the SEQ economy.

The most significant industry sectors in terms of contribution to employment are:

    • manufacturing: 140 FTEs
    • construction: 59 FTEs, and
    • professional, scientific, and technical services: 31 FTEs.

Brisbane Technology Park

Originally established in 1985, Brisbane Technology Park was founded by EDQ on the idea of inspiring and encouraging technology businesses to grow and prosper in Queensland.

EDQ’s aim was for the tech park to strengthen the state’s technology-based sector by providing a specialised environment for the manufacture, research and development of technology-based projects.

The estate today
Over twenty years on and now home to more than 100 companies, the estate is a thriving hub of businesses spread over 33 hectares.

Carole Park Industrial Estate

This estate is in a highly sought-after location in Carole Park, an outer residential and industrial Brisbane suburb that benefits from direct access to the Logan Motorway. 

 

Carole Park Industrial Estate is also in close proximity to the Motorway and Centenary Motorway, which made it the ideal location for many warehousing, logistics and manufacturing operations.

Crestmead Industrial Estate

Crestmead Industrial Estate is an established industrial precinct located in one of south east Queensland’s most strategically significant industrial regions. Crestmead is a short (10 minute) drive from the Logan Motorway and Gateway Motorway interchange at Berrinba, providing easy access to Brisbane’s CBD, airport and port.

Occupants of the Crestmead estate include Metcash, Tilling Timber, Stratco, John Deere and Titan Garages. 

 

Lytton Industrial Estate

The Lytton Industrial Estate offered excellent access to Lytton Road, the Port of Brisbane, and the Gateway Arterial networks.

 

Nandroya Industrial Estate

Only 125km north of the Brisbane CBD, Nandroya Industrial Estate offered prime industrial real estate just off the Bruce Highway at Cooroy.

 

 

Narangba Innovation Precinct

The Narangba Innovation Precinct offered industrial real estate at Narangba, adjoining the Bruce Highway. The estate benefitted from easy access to the Brisbane CBD (only 45 minutes away), the Port of Brisbane (only 30 minutes away) and the Brisbane Airport.

 

 

Synergy Park

Sitting within Carole Park Industrial Estate, Synergy Park offered high quality industrial real estate in Australia’s rapidly growing South East Queensland region.

 Benefit to the economy
The contribution to employment by Synergy Park was estimated at approximately 1,533 full time equivalent positions (FTEs), comprising 891 direct FTEs and 642 indirect FTEs.

The most significant industry sectors in terms of contribution to employment were:

    • manufacturing: 588 FTEs
    • transport, postal & warehousing: 299 FTEs
    • wholesale trade: 174 FTEs, and
    • professional, scientific & technical services: 109 FTEs.

Woree Business and Industry Park

Woree Business and Industry Park is located in North Queensland, one of Queensland’s fastest growing regions. The park offered enormous commercial prospects for business with excellent exposure and transport linkages.

Features:

  • great visibility from the major southern access road to Cairns
  • proximity to the Bruce Highway and Cairns CBD, and
  • easy access to Queensland Rail’s container terminal, Port of Cairns and Cairns International Airport.

 

 

Wulkuraka Industrial Estate

Wulkuraka Industrial Estate offered industrial land close to Ipswich’s CBD with easy access to the Warrego Highway and Cunningham Highway

Situated approximately 50km south west of Brisbane and 5km west of Ipswich CBD, the estate provided land suitable for low-impact industry users

 

 

Yatala Industrial Park

Yatala Industrial Estate was originally established in the 1980s to cater for a range of light, general, heavy and food industries. The 40-hectare estate comprised lots ranging in size from 2,000㎡ to 10,000㎡.

Benefit to the economy

Following the last sale, Economic Development Queensland (EDQ) commissioned a regional economic contribution study to measure the impact of the major industrial estate on the South East Queensland (SEQ) economy.

The analysis involved classifying economic activity by standard industry classifications on a lot-by- lot basis, generating employment estimates by industry sector, estimating business output by industry sector, modelling the estate’s output by industry sector and estimating the direct and indirect contribution to the key measures of contribution.

A site inventory undertaken by Economic Associates in November 2015 identified there were 106 tenants within Yatala Industrial Estate, occupying land areas between 472㎡ and 3.1 hectares in size.

The economic study also revealed the contribution to employment by Yatala Industrial Estate was estimated to be approximately 2,785 full time equivalent positions (FTEs), comprising 1,495 direct FTEs and 1,290 indirect FTEs. 

The most significant industry sectors in terms of contribution to employment were:

  • manufacturing: 1,072 FTEs
  • construction: 393 FTEs
  • professional, scientific & technical services: 226 FTEs, and
  • transport, postal & warehousing: 195 FTEs.

In terms of value added – or contribution to Gross Regional Product (GRP) – Yatala Industrial Estate was estimated to contribute approximately $365.22 million (in 2015 dollars) to the SEQ economy.  This contribution to GRP is comprised of approximately $203.29 million in direct contribution and approximately $161.93 million indirectly.

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