$75 million Industry Park announced for Rockhampton Region
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$75 million Industry Park announced for Rockhampton Region
Rockhampton will be home to a $75 million Industry Park in the Gracemere Industrial Area it will be announced at next week’s CQ Expo.
Melbourne-based Gibb Group has secured a 25 hectare site at the entrance to the recently completed $50 million Gracemere overpass on Somerset Road and has plans for a major industrial hub just 10km from central Rockhampton.
The Industry Park will be a major boost for investment in the Rockhampton Region as it will cater for the overflow from the existing industrial precincts that are at capacity while also allowing for growing demand for industrial land required to service the mining sector.
Gibb Group Managing Director Mr Matthew Gibb said the Gracemere overpass was a major reason for the location of the initial investment and creation of the park. He said the overpass provided direct access to the Capricorn Highway and unparalleled access to the regional road system connecting Gracemere Industry Park to all of the major mining and business communities in Central Queensland.
Gracemere Industry Park will cater for High, Medium and Low impact industrial businesses with the potential to house as much as 100,000 sqm of factories, workshops, distribution centres, and warehousing.
The industry park comprises some 27 proposed allotments ranging in size from 1,960 sqm through to 27,506 sqm designed to cater for a wide range of users. A combination of lots could yield a large super lot of circa 5 Hectares if required by a specific user.
Lot 1 is currently subject to a planning application for the estate’s first proposed user while Gibb Group are in discussions over additional allotments with as many as four other groups.
“Gracemere will be the starting point for access to industry and mining throughout the region and has been designed to cater for a wide range of transport requirements,” Mr Gibb said.
He said the estate is one of the few industry parks in Queensland capable of catering for Road Trains in both an allowable use context and also within its internal road systems.
Road Trains cannot enter the current main Rockhampton industrial precincts with consequent loss of time and double handling required.
Mr Gibb said Gracemere is an all weather Industry Park that sits above the 2011 and 2013 flood levels and offers 24/7 access to businesses.
“I’m delighted Gibb Group is developing it’s industrial estate beside the Gracemere overpass,” Mayor of the Rockhampton Region, Cr Margaret Strelow said.
“Council has put a great deal of effort into constructing the supporting road, water and sewerage infrastructure. This will be the first development in the Gracemere Industrial Area that has the capacity to house businesses servicing the Bowen, Galilee and Surat Basin coal mines. This is an important step for the Region as it seeks to expand its role as a major service point for Central Queensland business.”
Capricorn Enterprise CEO Mary Carroll said with $146 billion dollars of investment underway or planned in CQ over the next ten years the Gracemere Industrial Area is right at the centre of that growth.
“Gibb Group are a highly respected and progressive firm, who are leaders in their field. Investment of this calibre in our region reflects the interest in our destination for a great place to live, work, invest and play.”
“In partnership with Rockhampton Regional Council, the development of the Gracemere Industrial Area has been one of our organisation’s seven Priority Projects for the region.
“In fact, it was this strong partnership between Council and Industry which achieved the State government’s investment of the $50 million dollar overpass. Strategic partnerships need to continue to ensure our region is at the forefront of government, which will be threatened if the local Councils split. “
Marketing agent Neale Crow of Knight Frank is expecting enquiry levels to increase further with public marketing of the park to commence next week.
“There has been a significant under supply of High and Medium Impact land in the Rockhampton Region for some time now so Gibb Group’s development will really fill a much needed gap in the market place”.
Mr Crow said the Gracemere development would be the only industry park in Rockhampton where you can break down or pull together road trains.
“That by itself is unique. The other good thing about the park is that it provides land lots that will cater for small to medium sized businesses right up to multi-nationals.”