New $40 million industrial development for Salisbury
21 January 2016
Brisbane’s industrial economy is set to benefit from a brand new multi-million investment in Salisbury, with delivery service CouriersPlease launching plans to construct a $40 million distribution facility.
Lord Mayor Graham Quirk welcomed the announcement by CouriersPlease to expand its operations, which will provide a healthy boost to the economy and create dozens of local jobs.
“The national success story based in Brisbane has outgrown its current Coorparoo facility, and this next-generation warehouse and logistics facility will more than double the size of the company’s warehouse capacity,” Cr Quirk said.
“The 11,800sqm facility will replace the former facility and is the first investment into Australia by owners of CouriersPlease, Singapore Post.
“There’s no doubt Brisbane’s western corridor is destined for massive growth over the next 20 years, with substantial population increases predicted for the area in line with the rest of the state’s south-east corner.
“This new investment by CouriersPlease will attract new investment and new business to the area, and will be a catalyst for existing business expansion and industrial growth.”
Cr Quirk said this development would prove a major driver of the economic progress for the region, and the investment demonstrated the significance of this project.
“Last year on my visit to Sydney I sat down with CouriersPlease about their plans for Brisbane – I’m pleased to say we are now seeing the importance of these relationships with the business community,” he said.
“This expansion comes off the back of our visionary Brisbane 2022 New World City Action Plan, which is a blueprint to make Brisbane a city of opportunity and an Asia-Pacific destination for capital over the next seven years.”
CouriersPlease Chief Executive Officer Brian Roberts said the new facility would energise business activity and generate more local jobs.
“This is a significant investment for our company into the Brisbane economy and I’m pleased to announce this exciting investment in Brisbane,” Mr Roberts said.
“Our business has grown significantly over recent years both in Queensland and interstate. This new warehouse will not only provide new capacity for the next 15 years, it will lead us through the transition of the courier industry through e-commerce, supply chain visibility and information sharing.”
Cr Quirk said all predictions pointed to consistent, sustained economic growth for South East Queensland, and especially Brisbane, over the next 15 to 20 years.
“Greater Brisbane’s economy has seen rapid expansion,” he said.
“It’s now estimated to be worth $146 billion, which is almost half of Queensland’s economic output, and is on track to reach $217 billion by 2031.
“The investment attraction division of economic development board Brisbane Economic Development Agency is successfully attracting and facilitating investment to Brisbane and this is an ideal asset to add to Brisbane’s offerings.”
Earthworks on the facility will start immediately and is expected to be completed by September this year.