The McGowan Government is unlocking new business opportunities, through the expansion of an industrial estate in Perth's northern corridor, to create local jobs and boost the economy.
Development WA has today released six new industrial lots, sized from 3,196sqm to 6,874sqm, for sale in Neerabup's Meridian Park industrial estate, creating a second entrance to the industrial precinct from Flynn Drive.
A 9.98-hectare general industrial lot on Pederick Road has also been released to market.
The new land release unlocks $42 million in private investment and is expected to support 149 jobs during construction.
A further $110 million in annual economic output and 299 ongoing jobs are expected, once businesses are fully operational.
The expansion of the industrial estate comes after Meridian Park was brought under the Industrial Lands Authority.
A key part of the McGowan Government's Plan for Jobs was the creation of the Industrial Lands Authority, to cut red tape and encourage local job creation.
Today's land release follows a wave of construction activity at the sought-after estate, with a Main Roads depot, a commercial bakery, a food wholesaler and multiple industrial units now complete.
The Neerabup Industrial Area has been designed to meet the business needs of Perth's fast-growing northern corridor for the next 30 to 50 years, and is expected to ultimately generate up to 20,000 new employment opportunities.
For more information, visit http://developmentwa.com.au/meridianpark
Read the full media statement.