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Sign in Sign up for a FREE subscriptionGoodman wins approval for $3b industrial project
Goodman Group and Brickworks have received approval for its $3 billion Oakdale West Industrial Estate in Kemps Creek, Sydney.
Oakdale Industrial Estate, incorporating Oakdale Central, Oakdale South and now Oakdale West, will have an end value of more than $3 billion as it is built out over the next 10 years.
The project is approved for 89 hectares (220 acres) of development. In addition, the development application (DA) for Precinct 1 building works (116,000 square meters/1.25 million square feet), stage 1 infrastructure works, construction of the Western North-South Link Road and lead-in services has also been approved.
Oakdale West will be the largest parcel of IN1 zoned, DA-approved land in the sought-after Western Sydney region, bringing more than 1,800 jobs to the area when complete. The site provides efficient access to 4.5 million consumers, within a one-hour drivetime.
About $95 million of infrastructure investment has been committed by Goodman an