Construction has started on a $300m next generation industrial estate which will consolidate the Yatala region as a major southeast Queensland’s distribution hub.
Frasers Property Industrial’s 65ha Vantage Yatala estate in the southern corridor between Brisbane and the Gold Coast is expected to create 4000 jobs during construction and hundreds of full-time positions on completion.
Practical completion of Stage 1 of Vantage Yatala is scheduled for September 2021.
An artist’s impression of Frasers Property Industrial’s Vantage Yatala industrial estate.
General manager Northern Region for Frasers Property Industrial Ian Barter said Vantage Yatala will be a next generation industrial precinct of an impressive scale, setting the standard our new industrial estates moving forward.
“Here we will see the best in sustainable design, leading amenity and strategic positioning come together powerfully,” he said.
“The estate is on a large land holding that’s close to major infrastructure, key transport arterials and the coastal area, offering the best of work and life between Brisbane and the Gold Coast.
“This makes it a highly attractive offering for businesses and their workforces, which are increasingly focused on improving lifestyles and finding operational efficiencies.”
The estate will feature 2.3ha of green open space, 5.5km of running and bike track, a network of outdoor exercise equipment, rainwater capture and reuse systems, Solar PV and an overall targeted 5 Star Green Star rating for all Frasers Property Industrial buildings.
Vantage Yatala has attracted interest from a number of light manufacturing, warehousing and logistics companies. This interest is particularly high following a year where the pandemic fuelled an increase in e-commerce and onshore manufacturing.
Frasers Property Industrial has an established presence in Yatala, operating in the area for over four years and attracting major transport and manufacturing companies such as O-I Glass, Beaulieu Australia, Oji Fibre Solutions, Reward Hospitality and Schutz Australia to its industrial facilities.
The company has over $137 million worth of existing development and land holdings in the region. This article, by Chris Herde, appeared in the Courier Mail on 10 February, 2021