In 2020, a decision was made that Kwinana is the optimal location for the new port development to replace the Fremantle terminal. The newly named Westport is set to unfold over the next two decades and will create opportunities for industrial, residential and retail property throughout Perth's south. While there are already significant industrial land plays being made around this move, I've watched a number of the Westport information videos and CEO addresses and compiled a few notes on its impact on the retail and residential markets: New Infrastructure Developments: The relocation is underpinned by significant infrastructural upgrades, including the establishment of new road freight corridors along Anketell Road and Roe Highway, alongside enhancements to the existing rail corridor. These improvements are designed to support higher trade volumes and streamline logistics operations from Kwinana and is bolstered by over 1400 hectares of developable land in the suburb, poised to service the new port and its ecosystem. Anketell Road is set to become the main artery for truck freight, with planned upgrades including new interchanges and intersections to accommodate the increased activity. This will also support further population growth along these corridors, creating the need for future retail precincts. Fremantle's Transformation: With the port's relocation, Fremantle will face a significant and exciting redevelopment. Three redevelopment scenarios are being considered—Harbour City, Coastal City, and Competitive City—which will feature a differing blend of commercial, residential, tourism and leisure spaces. Each scenario will enhance the waterfront land in Fremantle towards its highest and best use. Economic and Community Impact: Slated for construction in the late 2020s with completion targeted for the late 2030s (subject to approvals), the new port is expected to be a catalyst for industry growth, residential development and retail expansion. The Fremantle Port currently employs some 400 staff, in addition to the thousands working in businesses in the precinct, so moving this employment base will enhance the economic demand throughout Rockingham, Kwinana, Anketell, Wandi, Coogee, Beeliar and surrounding suburbs. A link to the Westport youtube channel is in the comments.
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Acme brought in to work on ’completely reimagined’ proposals for station after previous Herzog & de Meuron plan amassed huge opposition Network Rail has been working up its own proposal for the redevelopment of Liverpool Street station since the summer, its group property director has said. The transport operator has been developing a radically different scheme for the station in parallel with separate revised proposals which were being drawn up at the same time by Sellar and Herzog & de Meuron. Acme’s scaled back plans for the redevelopment of Liverpool Street station were unveiled yesterday Sellar’s initial application for the £1.5bn redevelopment was scrapped after it amassed more than 2,000 objections from members of the public and a string of criticisms from heritage bodies including Historic England. The developer has been working with Herzog & de Meuron on substantial changes to the plans for at least the past six months, which would have included cutting down the scheme’s 20-storey office tower which would have been controversially built over the grade II*-listed former Great Eastern Hotel. But a spokesperson for the City of London said it is now unlikely this scheme will be submitted for planning, which had been scheduled for the spring. Network Rail announced yesterday that it was launching a consultation on new plans by Acme for a “completely reimagined” redevelopment of the station aiming to “protect the station’s heritage setting”. It is understood that Acme was appointed by Network Rail as lead architect over the summer alongside a consultant team which has been working separately from the team appointed by Sellar. Network Rail’s new team does not include Sellar or Herzog & de Meuron, and it is understood that the pair are not currently involved in the proposals. The team also does not include Scott Brownrigg, which had been working with Sellar as transport architect on the station element of the scheme. Network Rail Property group property director Robin Dobson told Building: “In order to achieve the significant changes required following the consultation and feedback from the previous scheme, NRP has taken on a new team and a new approach. This has been vital, as we own and operate the station and need to deliver substantial improvements to our public infrastructure, whilst also addressing the feedback from the consultation.” He added: “We will continue to work with private sector partners in the delivery of this project, as we do right across our estate. “We have been discussing since the summer with all the key stakeholders how we best achieve alignment in celebrating the heritage of the area and creating a scheme that is focussed on our passenger, whilst delivering the very best London transport hub for future generations.” A separate source told Building that further details of Sellar and rail group MTR’s involvement will be announced in due course.
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Abbotsford's Industrial Might: Strong Showing in 2023 with Major Projects Underway! 📈 Abbotsford's commercial and industrial sectors performed well in 2023, with over $488 million in building permits issued. This is despite a decrease in new industrial floor space compared to 2022. Here are some key highlights: 🔹Strong industrial development: Abbotsford continues to attract businesses due to its location, diverse economy, and available land. 🔹Large-scale projects: Major projects include the 140-acre Xchange Business Park, expected to create over 1,000 jobs, and a 250,000-square-foot light industrial development on Riverside Road. 🔹Focus on innovation: Agricultural innovation and the Abbotsford International Airport remain important contributors to the city's industrial and commercial base. 🔹Transportation hub: Abbotsford plays a key role in the movement of goods around the Lower Mainland and Western Canada, with companies like Valley Carriers and Vedder Transport facilitating freight movement. https://lnkd.in/gq3jrs8N #vancouverrealestate #landdevelopment #commercialrealestate #fraservalleyrealestate #abbotsfordrealestate
Abbotsford in Action: Industrial/commercial sector has strong showing in 2023
abbynews.com
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The ALP Minns State, Govt of NSW, faces a significant challenge with "Blackwattle Bay", aiming not to replicate Darling Harbour's struggles with hospitality businesses remaining viable because of the lack of enough footfall. The goal is to establish a "Destination" that attracts "repeat visits" from Sydney families and tourists globally. On the other hand, 'Melbourne Central ', a project that rose from a derelict precinct, now stands as Australia's most successful CBD retail Destination project. It is a shining example of a thriving asset that has reshaped the City of Melbourne, a rare opportunity in the industry. With an estimated 40 million visitors this year, 'Melbourne Central' has achieved full occupancy, attracted top international retailers, and generated high sales per sqm. This success story is even more remarkable, considering that Melbourne's CBD footfall has decreased by over 500,000 per week. Recognised as a leading Destination in my role as a proven "Placemaker" and project initiator, I saved the historical "Shot Tower" preservation initiative at Melbourne Central has transformed the site into a walkable "City within a City," setting it apart as a unique national and international tourism "destination". Melbourne Central has stood "the test of time", demonstrating exceptional growth in "destination" retail and tourism, setting a new standard in the industry yet to be emulated across Australia's Capital Cities; the catalyst factor of Melbourne Central has been so far over $9bn of new projects. As well a proven "Placemaker" in my previous major urban projects won at either State or Local Government tenders set aside between 30% to 50% for affordable housing with no mandatory requirements just through my initiative and sense of social responsibility, just one project 3.5km of suburban Adelaide beachfront unloved land turned that into a $3.5bn Destination Australia's largest man-made marina with among the highest levels of capital growth and tightly held and a fantastic catalyst factor of a $6bn capital growth along the Port Adelaide Lefevre Peninsula. #Destination #CityofSydney #Placemaker #Harropfactor #MelbourneCentral #catalystproject
State Wants More Homes at Sydney’s Blackwattle Bay
theurbandeveloper.com
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Breaking news: 🌟Major Regeneration deal in York Central Attracts Investors Homes England and Network Rail Property have partnered with McLaren Property and Arlington Real Estate for a major urban regeneration project in York Central. This initiative will see the development of 2,500 new homes, 20% of which will be affordable, along one million square feet of office, retail, and hospitality space. The project also includes upgrades to York Railway Station and enhancements to the National Railway Museum. York Central has the potential to create up to 6,500 jobs and boost York's economy by 20%, adding £1.1 billion GVA to the city. The development aims to become a significant employment hub in northern England. The project features a new 17-acre urban park, with 50% of the area designated as green space, and vibrant public squares connecting the development to the surrounding neighborhoods and York City Center. Infrastructure works are already underway, including the construction of 2km of new roads, bus lanes, footpaths, cycleways, and two new bridges. Link: https://lnkd.in/eEruYNKa Stay tuned for more updates on this exciting development! #York #Regeneration #InvestmentOpportunity #UKProperty
Development agreement signed to deliver £1.1 billion York Central regeneration
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Having some "pearls of wisdom" from London's Transport Chief on Sydney's new stunning Metro is excellent. However, the Mayor of London, who is responsible for the Strategic Direction of London's Metro Railway Service, deserves most of the credit for its success through his policy setting, which includes that all London Council surplus land sold off suitable for residential use up to 50% must be set aside for affordable housing, especially surplus London Council land nearby its Metro Stations this policy setting so far has yielded over 30,000 affordable dwellings with thousands more in advanced planning. The world's most successful and profitable Metro service is in Hong Kong, led by TC Chew of Arup. Mr Chew had the vision to fully integrate the Metro underground railway stations with major urban projects as part of the city's urban infrastructure. Meanwhile, in Australia, one of my past major urban project initiatives was the winning of the bid for two entire City Blocks to build a vast urban project and potentially catalyst project in a previously neglected precinct of the City of Melbourne that became Melbourne Central under my proven "Placemaker" skills. At my direction, Melbourne Central is fully integrated into all of Metropolitan Melbourne's transport infrastructure, including heavy and light railway infrastructure corridors. The outcome of my initiatives is today Melbourne Central has become Australia's most successful CBD retail and tourism destination winning the 2024 "Big Gun" CBD retail tourism destination award as Australia's highest grossing major CBD retail tourism destination sales per sqm, Melbourne Central is thriving because of these integrated strategies and my planning to connect the retail spine through the City of Melbourne. Despite the CBD of Melbourne's footfall being down by over 500,000 per week, This year, the footfall through Melbourne Central is expected to be around 40m annual visitors, and by the end of next year, the integration of the new Library Metro underground railway station cheek-by-jowl with the existing Double-decker underground railway station at Melbourne Central. Fortunately, I allowed for future growth, with integrated access expected to rise to over 50 million annual visitors throughout Melbourne Central. Nothing is built over any London Metro station that comes near the successful model of Melbourne Central. To cap it off in a previously neglected precinct of the City of Melbourne, my initiative has spurred Australia's largest urban renewal project, with Melbourne Central becoming a catalyst project for over $9bn of new investment in a previously run-down section of the City of Melbourne, nothing in London emulating that scale success either. #MelbourneCentral #Thriving #BigThinking #Harropfactor
What London transport chief thinks about Sydney’s new metro
smh.com.au
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Whether you were for or against rail... this is the greatest by-product of the city's Skyline rapid transit. Check out this informative article highlighting the investments and plans in motion for homes, AFFORDABLE homes, businesses, and overall job creation.
Now that the first 10 miles of the city's Skyline rail system is open, more transit-oriented development projects are underway and being planned. Developer D.R. Horton, which manages the Ho‘opili project in East Kapolei and near the first three Skyline stations, says 2,700 families have already moved into finished homes in the area, and the rail line is one of the biggest draws.
New Housing Is Rising Along the Rail Line - Hawaii Business Magazine
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#News: Liverpool City Council is set to receive a transformational £55m boost to accelerate the regeneration of the city's historic northern docklands. A report to the Council’s Cabinet on Tuesday (16 July) is recommending the council enters into an agreement with Homes England to accept Brownfield Infrastructure Land (BIL) grant funding. The public funding relates to Central Docks, the largest neighbourhood within Liverpool Waters, and the city’s largest brownfield site. The site, owned by waterside regeneration specialists Peel Waters, is projected to unlock more than £500m in private investment. The Central Docks scheme includes the establishment of a public park and vital infrastructure to accommodate approximately 2,350 new homes. The funding for this site, which is subject to final approval from HM Treasury, comes just a week after Rachel Reeves, MP, referenced the scheme in her first speech as Chancellor of the Exchequer in which she set out the new Government’s commitment to unlock stalled housing schemes. The Central Docks scheme was also identified by the Liverpool Strategic Futures Panel, chaired by Mayor Steve Rotheram, and forms part of Liverpool’s ambitious 20-year plan for the whole of its iconic waterfront. Liverpool City Council has also made a similar brownfield site commitment in its draft housing strategy, currently subject to a public consultation, which supports the delivery of 2,000 new homes every year. Peel Waters has stated that the key infrastructure within the 10.5 hectare scheme, which would comprise of utilities, thoroughfares, green spaces, and public amenities, would lay the groundwork for future investments and the development of housing and commercial ventures would also support new community, retail and leisure facilities. With full planning approval for the site preparation work, the comprehensive plans for Central Docks include the creation of an interconnected network of public spaces. The proposed new landscape will be enriched with the planting of hundreds of trees, with the centrepiece being ‘Central Park,’ a sprawling 2.1-hectare oasis, set to become one of the city’s largest urban green spaces. The development will also significantly enhance connectivity for pedestrians and cyclists, with the aim of creating seamless open access between the city centre, Princes Dock, Central Docks and Everton Football Club’s new stadium at Bramley Moore Dock. https://lnkd.in/eTjxNk2r #TheNextChapter Nuala GallagherI Sophie Bevan I Chris Ridland I Jacqui McKinlay I Ian Williams I Camilla Mankabady I Chris Lewis I Karen Turner I Claire Parry I Claire McColgan CBE I Jenny Turnross I Steve Rotheram, Mayor of the Liverpool City Region I Ministry of Housing, Communities and Local Government I Liverpool City Region Combined Authority
Liverpool welcomes £55m brownfield housing boost - Liverpool Express
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North Harbour Opens Industrial Pipeline Industrial land in Brisbane’s north growth corridor is getting absorbed as quickly as it is released and is showing positive gains for rent in the years ahead. Stage 1 of North Harbour Business Park, close to 100,000sq m, was squeezed dry in three weeks prompting an expressions of interest campaign for the upcoming second release. A shortage of stock is leading to a high level of pre-leased activity in Brisbane and gross take-up is well above the 10 year average. This in turn is driving rental yield, particulary in North Harbour, Moreton Bay. Huge demand North Harbour Holdings Development Manager Tom Hall-Brown said one of the key things they were seeing was the strength of the market in the northern growth corridor. “There’s a massive lack of supply, so we’re bringing online 760,000 net metres to sell to the market as part of our development,” Hall-Brown said. “Out of the Stage 1 EoI campaign, we’ve received interest for upwards of another 200,000 metres. “It was a greenfield site as well, it wasn’t something already established. “So we are delighted with that result. “That also lends itself to proving the Moreton Bay region as a place to live and work.” The allotments ranged from 1800sq m to 18,000sq m with infrastructure credits included to 60 per cent of the site cover, optimal frontage to depth ratio and connected services. Marina boost The Mixed Industry Business Area was part of the broader $2.7 billion masterplanned North Harbour community that started in 2016. A residential, parkland, retail and future marina were planned for the North Harbour site mid-way between Brisbane and the Sunshine Coast. “The marina site has recently been included in the urban footprint of the south-east Queensland regional plan which is a big plus for us,” Hall-Brown said. “It gives a lot of certainty and also gives us a great pathway to getting the PDA approved. “We’re just really proud of what we’ve done in the past eight years of the development cycle. “We’ve now got over 3000 people living in the North Harbour community, delivered over 1450 homes with 150 to go in our first village and then another 1150 coming in our second village. https://lnkd.in/g-7xgV_T #Brisbane #industrial #development
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North Harbour Opens Industrial Pipeline Industrial land in Brisbane’s north growth corridor is getting absorbed as quickly as it is released and is showing positive gains for rent in the years ahead. Stage 1 of North Harbour Business Park, close to 100,000sq m, was squeezed dry in three weeks prompting an expressions of interest campaign for the upcoming second release. A shortage of stock is leading to a high level of pre-leased activity in Brisbane and gross take-up is well above the 10 year average. This in turn is driving rental yield, particulary in North Harbour, Moreton Bay. Huge demand North Harbour Holdings Development Manager Tom Hall-Brown said one of the key things they were seeing was the strength of the market in the northern growth corridor. “There’s a massive lack of supply, so we’re bringing online 760,000 net metres to sell to the market as part of our development,” Hall-Brown said. “Out of the Stage 1 EoI campaign, we’ve received interest for upwards of another 200,000 metres. “It was a greenfield site as well, it wasn’t something already established. “So we are delighted with that result. “That also lends itself to proving the Moreton Bay region as a place to live and work.” The allotments ranged from 1800sq m to 18,000sq m with infrastructure credits included to 60 per cent of the site cover, optimal frontage to depth ratio and connected services. Marina boost The Mixed Industry Business Area was part of the broader $2.7 billion masterplanned North Harbour community that started in 2016. A residential, parkland, retail and future marina were planned for the North Harbour site mid-way between Brisbane and the Sunshine Coast. “The marina site has recently been included in the urban footprint of the south-east Queensland regional plan which is a big plus for us,” Hall-Brown said. “It gives a lot of certainty and also gives us a great pathway to getting the PDA approved. “We’re just really proud of what we’ve done in the past eight years of the development cycle. “We’ve now got over 3000 people living in the North Harbour community, delivered over 1450 homes with 150 to go in our first village and then another 1150 coming in our second village. https://lnkd.in/g-7xgV_T #Brisbane #industrial #development
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Stacking up or stalling? Our new Co-Location in London report highlights how the ‘beds on sheds’ model is reshaping the housing market in the capital, with our latest research revealing: 📊 Co-Location schemes set to deliver up to 29,688 new homes – 22,580 of which have already been granted planning permission 🏠 Achieving 38% affordable housing – however this has significantly reduced to an average of 24% in schemes approved over the last 12 months 🏭 These schemes will also provide a net additional 271,800 sq m of industrial floorspace 🏗 58% of approved developments are showing signs of on-site delivery, with 38% under construction Download the report and read more here: https://lnkd.in/ebhWw2gs Our annual report also analyses approved and live GLA referable planning applications to understand how this development type will shape the city over the coming years. Contact Catriona Fraser to learn more and continue the conversation on Co-Location. #CoLocation #Research #London
Stacking up or stalling? ‘Beds on sheds’ model to deliver almost 30,000 new homes in the capital
turley.co.uk
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