Major Multi-National company commits to Vicinity Industrial Estate
4 June 2009 Media Release
Walker Corporation has this month finished major infrastructure works in the first stage of South Australia’s largest industrial development – the 100 hectare Vicinity Industrial Estate.
The estate is positioned on the corner of Edinburgh and Heaslip Roads north of Adelaide, with links to all the major arterials running north including the Northern Expressway (NEXY), the Port River Expressway (PREXY) and Port Wakefield Road.
Over $750 million has been invested by the State Government in these three major arterials as part of the State Government’s plan to encourage transport and logistics businesses to locate in the region, and to provide necessary strategic employment lands for South Australia’s growing population.
The $400million project is being developed as part of a $3bn portfolio of development currently underway by Walker in the state, which includes the 1,300HA Buckland Park Township and an 800 home residential subdivision in the Adelaide Hills.
Executive Chairman of Walker Corporation, Lang Walker, said “I am very confident about the company’s developments in Adelaide. South Australia is primed to ride out the financial storm – there’s a heck of a lot of long-term growth in South Australia, particularly with the resources industry over the next five to 10 years.”
We selected this site for the strong economic and employment growth happening in the Salisbury Region, and recognition of the major infrastructure investments both federal and state governments are making to the area.
“Businesses in growing sectors like defense, electronics, manufacturing and technology are aligning themselves in this region to ensure the future viability and sustainability of their businesses, recognizing the opportunity to capitalize on the northern corridor’s growth opportunities,” Mr Walker added.
The new estate is located next to the Edinburgh RAAF Base, which Prime Minister Kevin Rudd visited in April to turn first sod on the construction of a new $46 million Combined Mess Facility, which will allow for the continued growth of the defense base. The investment in Edinburgh forms an important component of the recent Federal Government Defense White Paper, which identifies South Australia as the country's most significant region for growth in the defense sector.
Vicinity Industrial Estate will be developed over three stages in the next three to five years and provide over 4,000 jobs for Adelaide’s growing northern suburbs. The first 24 lots in the development are currently available for sale or lease.
For more information about Walker Corporation, visit www.walkercorp.com.au.
