Minister Guy launches Alliance
Victorian Planning Minister Matthew Guy has turned the first sod at Alliance Business Park at Epping today, signalling the official launch of the development.
MAB Corporation Chief Operating Officer David Hall said the team was delighted to welcome Minister Guy to Alliance.
â€œThe Victorian Government is a strong supporter of job creation and delivering jobs close to home,â€ said Mr Hall. â€œWe are committed to the ongoing delivery of commercial and industrial projects that foster growth and boost a local economy.â€
Mr Hall said that the strong vision from the City of Whittlesea to develop the Cooper Street Employment Precinct has provided a strong foundation for Epping to become an employment hub.
â€œAlliance is our seventh development in the area,â€ said Mr Hall. â€œMAB continues to invest in commercial and industrial developments in the north.
â€œA big drawcard is the solid, existing and planned infrastructure – such as the links provided by the Hume Freeway network – which attracts business and creates jobs.â€
MAB Corporation launched the 62-hectare Epping development in late 2012 and has been overwhelmed by the response from the market.
â€œThe response is a strong indicator of renewed business confidence in Victoria, especially within the commercial and industrial sectors,â€ said Mr Hall.
The $80 million development has attracted strong interest from both developers and owner occupiers, including local businesses and the manufacturing sector.
â€œThe new Wholesale Fruit, Vegetable and Flower market will be in close proximity so we are seeing strong enquiry from food wholesalers as well,â€ said Mr Hall.
More than 50 per cent of stage one is already sold.
Lots range in size from 1,100mÂ² to 6,044mÂ² with the ability to cater for larger requirements of 25,000mÂ² and above. Prices start at $297,000 plus GST.
Construction is expected to commence shortly with the completion of stage one expected by the end of 2013. For further information contact Dean Hunt at CBRE on 0418 543 361 or Michael Green at Savills on 0419 380 315 or visit www.mab.0.efront.digital/alliancewww.mab.0.efront.digital/alliance