The $1.2 million access road linking 547 Industry Park with the Bruce Highway will be officially opened today.
tenants will gain access to their businesses via the new road and full public access will be allowed after the installation of street and highway lighting.
Melbourne-based Gibb Group , which purchased the property in March 2012, rebranded the industrial complex and invested heavily in its upgrade.
Construction of the access road is the final phase of the $2 million overhaul at 547 Industry Park.
Gibb Group principal Matthew Gibb said it was exciting to see the complex continue to grow.
“Before the construction of this road, 547 Industry park was only accessible via Carroll Street,” Mr Gibb said.
“That route caused enormous confusion, especially for the first-time visitors.
“We believe that the improved access to the warehouse units will significantly increase their value and has given the park the grand entrance that a property of this calibre deserves.”
A number of new tenants have joined the 547 Industry Park community since Gibb Group took over the estate, including Auslec, VisionStream, The Bed Shed, Fusion Solar, Formset, Recall Information Management, Coffey Group, R&J Batteries, PE Foods and The Digimen.
The launch of the new access road will be held in conjunction with Auslec’s Grand Opening Expo and give other tenants in the Park – including soon-to-open Fuel Cafe – a chance to showcase their wares.
“It’s fantastic to see the formation of 547 Industry Park’s thriving business community and I am sure that the new access road will continue this growth well into the future,” Mr Gibb said.
Townsville City Mayor Jenny Hill will attend an official ceremony for the opening day.
She said transport and warehousing were a vital part of Townsville’s economy and construction of the access road was a major investment in the city’s future by Gibb Group.
“Already the upgraded access to the property has attracted a range of new tenants and opened up opportunities for business growth,” Cr Hill said.
“That’s great news for our local economy and the creation of local jobs.”
The complex comprises 30 office-warehouse units, hard-stand areas and concrete internal roadways on about 4Ha of land.
Townsville Bulletin – 10 August 2013