MINISTER for Western Sydney Stuart Ayres has officially opened Stage 1 of the LOGOS $230m Marsden Park Logistics Estate.
The ceremony occurred on Wednesday with Blacktown mayor Stephen Bali also attending.
LOGOS bought the Hollinsworth Road site in 2016 and is developing it into a 100,000sqm “prime logistics estate”.
Mr Ayres said establishing a Logistics Estate in Marsden Park showed vision.
“It’s great to see Stage 1 completed and it will be exciting to see the transformation here over the next 18-months as hundreds of people take up the opportunity to work closer to where they live in Western Sydney,” Mr Ayres said.
Mayor Bali said Western Sydney was the fastest growing region and economy in Australia and Blacktown City was the powerhouse at the centre of Western Sydney.
“We have a $17.1bn regional economy supporting 130-thousand jobs and the Marsden Park Logistics Estate forms a vital part in the sustainable industrial development of the region that is driving our strong economy,” Cr Bali said.
LOGOS head of Australia and New Zealand Darren Searle said Marsden Park was a key asset in its Sydney portfolio.
“We are pleased to have completed the first 34,000sqm in Stage 1, welcoming Valleyfresh, eStore Logistics, Lyppard and our forth tenant to the Estate,” he said.
“We continue to see strong demand for quality logistics assets in Marsden Park and the broader western Sydney area and are excited to be soon commencing Stage 2 of the estate with the development of Orrcon Steel’s new facility”