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QLD Wins $5bn Defence Contract, Builds HQ

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QLD Wins $5bn Defence Contract, Builds HQ
Queensland has won the bid to build $5 billion worth of light armoured vehicles as part of the largest purchase in Australian Army history.

Following a three-year tender process, German contractor Rheinmetall will build 211 Boxer CRVs in Redbank, Ipswich, with a future $15 billion deal also on the table.

The federal government estimates that the contract will create 330 jobs in Queensland, 170 in Victoria and 140 roles in New South Wales.

“Australian businesses will be big winners in Victoria and in Queensland, but also in other states,” Defence Industry Minister Christopher Pyne said.

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“The proposed HQ is based on Rheinmetall’s established designs from their European facilities, although modified to ensure they are suitable to withstand QLD’s climate.”

Ipswich headquarters

Rheinmetall has submitted a development application to build its headquarters serving the Asia-Pacific market in Ipswich.

The headquarters, dubbed the Military Vehicle Centre of Excellence, will be Rheinmetall’s largest facility located outside of Germany.

The development application for the project includes a weapons-testing firing range, an electromagnetic test facility, a laser rangefinder facility and a vehicle compliance test track.

“Rheinmetall considered a number of options across South East Queensland for this world-class facility, and settled on the dedicated industrial zone within the Redbank Motorway Estate,” Minister for State Development Cameron Dick said.

“This choice of location will make use of the existing heavy vehicle manufacturing and employment hub, as well as the highly-skilled workforce within the area.”

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The centre will be made up of several key buildings, including an administration building, a production warehouse and a corporate function centre.

Minister Dick said that construction of the centre will support 200 direct jobs over three years and open the way for local businesses to “participate in Rheinmetall’s global supply chains”.

“The project will provide an unrivalled catalyst for the further development of Queensland’s advanced manufacturing and defence industry capability, as well as significant opportunities for local SMEs and associated services,” Dick said.

The proposed centre will be a campus of high-quality industrial production, testing facilities and administration buildings located along the Brisbane River at Robert Smith Street in Redbank.

The site will have defence-industry standard security fencing.

Minister Dick said his department, which will assist with the construction of the facility, will now work with Ipswich City Council to progress the development application for the project.

Originally Published: theurbandeveloper.com

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Developments

Land for sale at new Gold Coast beachfront estate

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Land for sale at new Gold Coast beachfront estate

Roads and residential blocks are starting to take shape at Paradise Waters’ new estate, Sovereign Shores.Source:Supplied

A new beachfront estate is offering almost 60 vacant blocks at the Gold Coast’s Paradise Point.

ROADS and residential lots are starting to take shape at Paradise Point’s new Sovereign Shores estate.

Metacap Developments is behind the 58 block estate, which overlooks Sovereign Islands.

Ray White Sovereign Islands principal Ali Mian, who is marketing the estate, said 14 of the 35 vacant lots in stage 1 had already sold.

“Once stage 1 is sold out, then stage 2 will take place,” Mr Mian said.

“Stage 2 will be another 23 lots.”

He said the estate was expected to be finished by the end of July, subject to weather conditions.

Land for sale at new Gold Coast beachfront estate

The new estate will overlook Sovereign Islands. Picture Mike BatterhamSource:News Corp Australia

“The construction has commenced, the whole land sale division is taking place,” Mr Mian said.

“It’s a very exciting time (because) this land has been sitting there for such a long time.”

The lots range in size from 425sq m to 728sq m with prices starting from $589,000 up to more than $1 million.

Mr Mian said it was attracting local and interstate buyers, including those from Brisbane, Melbourne and Sydney.

He said buyers could build up to three dwellings per lot and as high as three levels plus a rooftop entertainment area.

“This estate is beautiful,” Mr Mian said.

“You are right next to the beach.”

Residents will be able to access the established resort-style facilities of Salacia Waters, including the residents’ club with library and meeting room, 12-seat cinema room, gym, sauna, two pools and a spa, three barbecue areas and a function room with entertainment deck. Mr Mian said 22 marina berths were also up for grabs.

Source: www.news.com.au

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Developments

REVEALED: New development for old Masters site

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New development for old Masters site

The old Masters Springfield site could become a Homemaker centre.

MASTERS Springfield Central looks likely to be the next defunct site to be transformed into a Homemaker centre.

Home Consortium submitted a development application to Ipswich City Council on Monday showing plans for ten tenancies and a small cafe at the site.

Home Consortium will eventually transform 40 of the former hardware centres into hypermarkets featuring lifestyle, health and appliance brands.

The first Queensland centre opened at North Lakes in November with Toys R Us, Nick Scali Furniture and Chemist Warehouse as key tenants.

Masters Hardware at Springfield could become a Homemaker centre.
Masters Hardware at Springfield could become a Homemaker centre.

The Home Consortium application for Springfield Central said its interest in the area stemmed from strong population growth.

“This is expected to create additional demand in the trade area for homemaker type retail offers, which in turn is expected to create over 100 new jobs,” the DA read.

“The site is in a highly accessible location and the specialty tenants envisaged are not expected to affect the local activity centre hierarchy, being a complementary offer to that within the balance of the Springfield Town Centre.

“The proposed development represents an enhanced retail offer for residents, repurposing a vacant site that if not fully occupied or underutilised could detract from success story.”

Originally Published: www.qt.com.au

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Developments

Affordability has underpinned growing demand for new land in the Ipswich corridor

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Affordability has underpinned growing demand for new land in the Ipswich corridor

Providence at Ripley Valley Source: Supplied

AFFORDABILITY has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

Affordability has underpinned growing demand for new land in Ipswich with developer AMEX Corporation releasing more lots.

As a result of the continued strength of the Ipswich land market, the group has released a new stage in its Horizons precinct of the Providence South Ripley master-planned community.

The eight lots are priced from $200,700 and range in size from 350sq m to 448sq m.

Providence project director Michael Khan said their confidence in the area was backed by research by Oliver Hume, which revealed the Ipswich local government area had the strongest growth of any market in southeast Queensland for new land.

In the three months to the end of September, Ipswich’s average price for the new land was up 3 per cent compared with the June quarter to an average of $198,950.

The number of new land sales increased during the quarter by 25 per cent with a total of 637 sales.

Providence at Ripley valley Source: Supplied

Providence at Ripley valley Source: Supplied

Mr Khan said the relative affordability of the Ipswich and Ripley Valley area, particularly when compared to interstate markets, continued to drive demand for new land in the area.

“Value for money remains one of the most important factors for buyers and maximising every dollar when it comes to the location and access to amenities is extremely important,” he said.

The latest release in Horizon is close to the planned town centre area and district park.

The entire Horizon precinct has 280 lots, two parks, the planned Providence Town Centre and a future Prep to Year 12 school.

The $60 million Horizon precinct sits within the $1.2 billion Providence project which is a masterplanned community in the Ripley Valley growth corridor.

Oliver Hume Queensland general manager Matt Barr said the Ripley Valley was popular because it was close to major job nodes in Ipswich, Amberley and Springfield.

He said during the next decade hundreds of people would move into the area every month and he tipped that to continue for some time.

Originally published: www.news.com.au

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