THE state government has approved a plan to build a $405m high-tech industry and business park in Somerville that aims to ease a critical shortage of industrial land in the region. The project by Procter Investments Pty Ltd would occupy a parcel of land at 79 and 83 Bungower Rd in Somerville, spanning some 37 hectares, with $1b projected in economic value. Under the proposal, the development would offer facilities for manufacturing, research and development, smaller start-ups and small to medium enterprises, with 1100 jobs expected to be generated. Planning Minister Sonya Kilkenny last week approved the plans, known as…
Browsing: Business Park
A huge high-tech industry and business park proposed for Somerville which has raised concerns of traffic impacts and being inappropriate for the area is set to go before an independent panel.The proposed development at 79 and 83 Bungower Rd in Somerville is predicted to provide up to 1100 jobs with the aim of addressing a “critical shortage” industry land on the peninsula. It would also act as a community hub with cafes, sports facilities, retail tenant spaces, and potential for a micro-brewery, while bringing the Brunnings homestead heritage site into an open space area to ensure its protection including any…
WORK has begun on a new “tropical paradise” industrial business park in Mornington, which will provide a mix of warehouses, retail, and studio spaces.Located near the racecourse at 41 Watt Rd, Mornington, the new $5 million business precinct called “Free Form” officially broke ground last week, creating a new opportunity for those who “want modern workplaces with a Mornington address”. Once complete it will feature 32 warehouses, nine offices, a café, five storage units, car parking, and one caretaker’s residence across the half a hectare site.A sod-turning ceremony on 5 March was celebrated by dignitaries including Flinders MP Zoe McKenzie,…