Sunshine Coast industrial land is attracting more interest than anywhere else in the state.
New figures show the region’s industrial areas dominated companies’ queries to Economic Development Queensland during the past year, and the upcoming release of new lots was expected to fuel further interest in 2023.
About one third (134) of the 400-plus queries to the Queensland Government’s land use planning and development agency were for land in Caloundra, Coolum and Yandina.
The Sunshine Coast Industrial Park at Caloundra drew the most interest of any site and the upcoming release of 41 lots at one of the region’s biggest industrial parks is set to spark more inquiries and business.
EDQ acting general manager Glenn Ziernik said the region was poised for industrial investment.
“This fast-growing regional city is an attractive location for companies setting up shop or looking for a new home to build up their business,” he said.
“That’s why we’re developing Stage 2 of the Sunshine Coast Industrial Park to meet strong demand from industry for new land and boost the local economy.
“This second and final stage will release about 30 hectares of developed land, providing 41 industrial lots within a purpose-designed and built estate.
“A range of businesses are looking for opportunities to be part of this major hub, and we anticipate interest in the precinct will continue to build.
“We are focused on generating opportunities for growth through projects that bring quality local jobs and deliver economic benefits for the region.”
Site works are under way for Stage 2, which is expected to create 100 jobs during construction and up to 1390 ongoing jobs after the new companies have moved in.
Ten lots spanning a total of 12.2 hectares have been sold across EDQ’s Coast industrial estates in 2022, representing about $20.7 million in sales.
It follows a nationwide surge in demand for industrial space during the pandemic.
EDQ has industrial land in more than dozen locations across Queensland. It is located strategically for development and designed for a range of industrial uses.
“This offers opportunities for a diverse mix of companies – everything from transport, energy and renewables to aerospace or food production,” Mr Ziernik said.
“We are continuing to look for projects that will unlock industrial land, attract new business investment and generate jobs in Queensland.”
Sunshine Coast Industrial Park
- Drew the highest number of industrial land queries (78) to EDQ in past 12 months.
- Has 41 new Stage 2 lots coming to market in 2023.
- New lots to range in size from 4000sqm to 1.4 hectares.
- Potential for Stage 2 to result in up to 1390 ongoing local jobs.
