Construction underway at Mirvac’s Auburn industrial estate switchyard
30 March 2022Construction has commenced at Mirvacâs new 14-hectare industrial estate at 300 Manchester Road Auburn (known as Switchyard) today, a state of the art last mile logistics facility set to provide over 700 construction jobs, and 1,000 permanent jobs once completed.
Construction commencement was celebrated on-site with Mirvacâs Head of Integrated Investment Portfolio, Campbell Hanan joining Mirvac team members, future Switchyard tenants and other guests.
The future employment precinct will support a range of local industries once complete including production and manufacturing, will provide local amenity for future employees and the broader community. Customer interest in the estate has been strong with over 38% of the estate already pre-committed.
In total the facility will deliver approximately 72,000 square metres of floor space with completion expected in early 2023.
Mirvacâs Head of Integrated Investment Portfolio, Campbell Hanan, said Switchyard presents an exciting opportunity to leverage Mirvacâs unique integrated model, and asset creation capability.
âSwitchyard is the first project to commence within our $2.3bn industrial development pipeline and highlights our capability in delivering these state of the art precincts across New South Wales.
âWithin a market characterised by older stock, exceptional quality will differentiate Switchyard. Our vision has been well received by the market with significant interest from a range of customers from recreation uses to a range of manufacturing, pet distributors and a cafĂ© – set to provide local amenity for future employees and the broader community.
âSustainability is at the heart of the vision and design for Switchyard which incorporates a range of market leading features including a smart metering system to track and control energy use, LED lighting to reduce electricity costs, rooftop and hot water solar, provision for electrical vehicle charging stations, a smart warehouse to maximise comfort and optimise energy use and recycled rainwater for onsite irrigation and amenities. Switchyard is targeting a 5 star green star Australia sustainability rating and certification,â said Mr Hanan.
The location is expected to benefit from significant infrastructure investment, including the $16.8 billion WestConnex which will improve connections from the Inner West to the CBD, through to South Sydney and Port Botany, via a new underground M4-M5 link. Stage 3 is under construction and due for completion in 2023. Mirvac plans to upgrade the intersection of Chisholm and Manchester Road to accommodate traffic moving to and from the new estate.
âProviding access to approximately 3.7m people within a 40-minute drive, Switchyard is ideally located to service Ecommerce demand,â said Mr Hanan.
âThe delivery of this facility is ideally timed with low vacancy rates and strong customer demand for new high quality industrial space, Switchyard has the potential to deliver strong employment outcomes and support the needs of the community and future workforce, as well as contributing to the NSW post pandemic recovery.
âMirvac is in a unique position to shape the future evolution of our cities with our $29 billion total development pipeline combined with our asset creation and place creation capabilities. We look forward to working closely with the Council and local community to deliver this exceptional new facility.â
Mirvacâs redevelopment of the site is a joint venture with an investment vehicle sponsored by Morgan Stanley Real Estate Investing (MSREI).