Wednesday, 23 April 2014
Goodman Group (Goodman or Group) is pleased to announce the development of a new 12,500 sqm pre-committed distribution centre for Northline, a leading transport and logistics provider, at its $350 million Redbank Motorway Estate at Ipswich in Brisbane’s south west.The new development for Northline is the second pre-commitment for Goodman at the 62 hectare Redbank Motorway Estate and will accommodate Northline’s South East Queensland business. It follows a 31,400 sqm pre-commitment by DB Schenker at the estate late last year.
Both Northline and DB Schenker will also benefit from the new Redbank Link Bridge which opened today, providing businesses located at the estate with direct B-double truck approved access to the recently upgraded Ipswich Motorway. An event was held onsite to mark the occasion with the Hon. Steve Minnikin, Assistant Minister for Transport and Main Roads, City of Ipswich Mayor, Paul Pisasale, City of Ipswich Councillor, Paul Tully, and representatives from Goodman and Northline in attendance. The Redbank Link Bridge demonstrates the City of Ipswich and the Queensland Government’s commitment to attracting new businesses to the estate and future growth within the region.
In addition to the Northline and DB Schenker developments, two new speculative facilities of 10,800 and 14,800 sqm are also being developed at Redbank Motorway Estate and are due to complete in July 2014 and September 2014 respectively. The Estate has sufficient developable land to deliver a further 240,000 sqm of prime industrial space for a range of individual business uses, including level, serviced building pads greater than 20 hectares available for immediate development. When fully completed, the estate will also feature 19 hectares of new public open space and parklands.
The latest development activity at Redbank Motorway Estate follows the recent pre-commitment of a 19,500 sqm warehouse facility for Silk Contract Logistics at Lytton Motorway Estate, adjacent to the Port of Brisbane and in close proximity to the Port of Brisbane Motorway. Goodman will also shortly commence a speculative 20,000 sqm high clearance warehouse development at Lytton Motorway Estate, with new space from 10,000 sqm available in early 2015.Separately, at Rochedale in Brisbane’s south east, Goodman will develop a 125,000 sqm business and logistics park as part of a joint venture with Brickworks. The estate provides direct motorway access to the Port of Brisbane and is in close proximity to Brisbane’s traditional southern industrial precincts. New facilities are expected to be delivered in 2015.