Qualitas partners with Pelligra to deliver $387m mixed-use industrial precinct near Melbourne

Melbourne-based developer Pelligra and Australian real estate fund manager Qualitas have unveiled the masterplan for their A$500 million ($387 million) mixed-use industrial precinct, Assembly Broadmeadows, located on the former Ford site at 1727 Sydney Road in Campbellfield, Australia, after settling the acquisition of the 60-hectare parcel earlier this week.

The project, which will be developed in a 50-50 joint venture between Pelligra and Qualitas, will see the existing 120,000-square-meter (1.3 million-square-foot) former Ford assembly building refurbished to provide advanced manufacturing facilities for multiple operators. Stage one of the masterplan also includes a convenience retail precinct, which will commence construction mid-2021, along with future plans for further modern logistics and industrial buildings and a designated office precinct adjoining the Upfield train line.

Further site development opportunities to complement the precinct in the coming years i