12 September 2017

Construction is under way on the first Business Park at Stockland’s $5 billion Aura project on Queensland’s Sunshine Coast, which is already attracting strong national interest from the business sector.

Around 5,000 jobs are expected to be created at two planned Business Parks that form a key plank of the future city’s economic development strategy.

The first Aura Business Park will be officially launched on Thursday, 24 August with helicopter tours, and a visit by leading Queensland businessman and entrepreneur Denis Wagner.

 

Adrian Allen, Project Director for Aura, said Stockland had received strong initial interest from businesses keen to get a foothold in the masterplanned community with an estimated future population of 50,000 people.

 

“Earthworks are now well under way on the Aura Business Park, which will accommodate a wide range of industries and become a substantial new centre for innovation, trade and local employment within the region,” Mr Allen said.

 

“Initial stages will include a ‘construction cluster’ targeting trade-related businesses,” he said. “It will also feature a showroom precinct, office park and opportunities for light industry and service providers.

 

“Business innovation and economic prosperity is a cornerstone of Aura and will play an important role in the economic growth of one of the fastest growing regions in Australia.

 

“Our first business park offers a rare opportunity to be part of an emerging city in a regional setting and we are pleased with the strong early interest from businesses across Australia who recognise the benefits of the location, connections, services and planning certainty.”

 

Aura is Australia’s largest ever masterplanned community under single ownership. It is predicted to generate 20,000 new jobs in the next 15 years while contributing $1.5 billion in Gross Regional Product per year to the local economy.

 

Aura’s first business park is in an enviable position at the gateway to the Sunshine Coast, adjacent to the Bells Creek Arterial Road with easy connections to the Bruce Highway, and in the heart of the largest investment zone in the region.

 

Featuring integrated NBN access, it will accommodate more than 410,000 square metres of industry and commercial floor space and 40,000 square metres of high exposure retail showroom floor space.

 

The business park will accommodate a range of uses including light industry and manufacturing, bulky goods and showrooms, commercial office space, storage and warehousing, research and development, and indoor sports and recreation.

 

Aura’s Priority Development Area status gives businesses planning certainty for both land approval and infrastructure delivery with an accelerated approvals processes. Businesses investing in Aura will also benefit from Stockland’s established relationships with government and utility providers.

 

“As part of our vision for Aura as a centre for innovation, we are encouraging uses within the business park that promote knowledge creation and entrepreneurial activity in industry, science and technology as well as research and development,” Mr Allen said.

 

“There is also the opportunity to either purchase land and create a premises specifically designed for your business, with a potential to co-locate with your supply chain, or lease space that best suits your purposes.

 

“The Sunshine Coast is set to accommodate an extra 180,000 people by 2036, taking the total population to 470,000 people, with its booming economy predicted to increase $17 billion by 2033 – it’s a great place to do business.”

 

For more information on Aura or to register your interest in the Aura Business Park, go to www.cityofcolour.com, or phone 1300 762 058.