THE upcoming boom of jobs in the North Lakes region will have an impact so big it will directly affect the unemployment rate.
That’s the assessment of Sarina Russo Strathpine Manager Matt Perry, who said interest in projects like Costco was at an highest high among local job seekers.
The North Lakes Times can reveal almost 9500 jobs are up for grabs in the next two years in the trade, management and retail sectors.
The bulk will come from the Moreton Bay Rail Link (8000), but will also include Costco (410), Bunnings North Lakes (160), Bunnings Brendale (420) and Super Retail Group’s Distribution Centre at Brendale (620).
“That’s huge. We’re talking large international organisations.” Mr Perry said.
“I haven’t seen this kind of growth this quickly before.”
Small Area Labour Market figures for the quarter from December 2012 to March 2013 have the unemployment rate in Mango Hill/Griffin at 4.8 per cent, below the national average of 5.7 per cent.
“We’ll see it (local unemployment rate) come down,” he said.
Mr Perry said the of the roughly 1000 clients served by Sarina Russo Strathpine, close to 90 per cent were interested in retail or warehouse work.
But he said there would be another side to the story, with the impact on small “mum and dad” businesses yet to be seen.
American retail giant Costco did not put a date on when applications for retail are set to open when contacted by the North Lakes Times.
But construction on the $35 million project began in August 2013.
The $38 million Bunnings North Lakes opened it’s doors in late October.
Recruitment for the project is almost completed, with 160 positions once complete, with more than 230 jobs were created during construction.
It will be the biggest Bunnings in Queensland, at a size of store size of more than 19,000 square metres and parking for 490 cars.
HOW TO APPLY
No official date on when jobs applications will open. Costco recruits online. More information available at costco.com.au.
Recruitment of staff at North Lakes almost complete. Opportunities yet to open for Brendale. Recruits online at www.bunnings.com.au.
Moreton Bay Rail Link:
Thiess awarded $1.147 billion contract to build the link. Expected to be positions for a wide range of trades on the project, which is due to begin in 2014. Theiss runs its own careers page online. Visit thiess.com.au to apply.
For information on a Griffin Investment Property or a North Lakes Investment Property contact Success In Property.
Developer Proposes Moreton Bay Marina Hotel and Apartment Project
Brisbane-based developer Kindred has lodged plans with the Moreton Bay Regional Council for two 10-storey buildings along Newport’s picturesque marina.
The 11,133sq m site is owned by local business owner Joshua Kindred, who is the CEO of Kindred Group.
The proposal, to create a “world-class marina” has been lodged on behalf of Kindred by planning group Urbis.
The first of the two proposed towers will comprise a 120-room hotel and 24-serviced apartments.
The second building will be entirely residential, with 93 apartments.
Designed by Rothelowman, the Griffith Road development will deliver a 555sq m conference facility, 980sq m of retail, as well as restaurants, bars, and office and marine facilities.
“We need more places like this. We have great festivals around here yet no where for people to stay,” Ryan Elson of the Redcliffe Peninsula Chamber of Commerce said.
“We have a lot of people coming in a 10 and leaving at 4, what we would love is for them to be able to stay the night to be able to experience the Peninsula for what it is and the short term accommodation will be amazing for that.”
The project is a record investment for a private development in Redcliffe Peninsula.
“We have more than 4 million visitors expected in the Moreton Bay region in this financial year,” Attorney General of Queensland the honorable Yvette D’Ath said.
“We don’t have enough short term accommodation or function centre space and that is what a development like this will provide.”
The development plans to create a leading education and science facility onsite, that also provides education to locals and tourist on the wonders of the bay and its inhabitants.
A 90,000L outdoor aquarium has also been proposed for the site which will double as an acoustic barrier, treating sound from the ground floor area.
An innovative bike share program for the Redcliffe Peninsula has also been sounded out as part of the development, to be set up through government agencies or a privately funded initiative.
Plans have also been sounded out for an innovative ‘shared solar car’ program within its residential offering.
Residents on site will also be able to book a shared solar car to use at their leisure.
The building heights surpass the Moreton Bay Planning Scheme where the Marine Industry precinct and surrounding buildings have a height limitation of 15 metres.
This has drawn pushback from local action groups who have voiced their concerns.
The development will now be subject to council approval.
Property Group Buys Land Plots for Development in Brisbane’s North
The land parcels total 6.72-hectares at Graham Road, Morayfield, and each lot will provide a new house ranging from 300 to 687sq m. The acquisition will take CFMG’s pipeline to more than 1,000 lots across Queensland and Victoria.
CFMG managing director Scott Watson said pre-release marketing had generated strong sales enquiry from both owner -occupiers and local volume builders looking to secure land for their clients.
“The momentum of the project is expected to continue with official data indicating the demand for quality affordable projects in strong growth corridors forecast to continue,” he said.
Since 2009 Morayfield has experienced an average of 2.5 per cent population growth, higher than the state average of 1.8 per cent.
The project also benefits from close proximity parkland facilities, schools, childcare, shopping centres, specialty retailers and public transport networks.
CFMG Capital operates two core divisions: a residential communities’ development business and residential funds management business which has raised more than $90 million in third party equity.
According to the company, sales in Morayfield have already been strong with 40 pre-sales already in place and current contract exchanges totaling a sales value of $7.2 million.
In the first half of the 2017-18 financial year CFMG secured more than 200 sales across six separate projects in Queensland and Victoria.
“Through most of calendar year 2017 we saw significant spikes in both enquiry and ultimately sales, and as a result we were able to achieve incremental price growth across multiple projects without noticeable impact on sales rates,” he said.
“Particularly in the back half of 2017, there was a strong appetite for land registering in early 2018 which could attract a premium price.
CFMG recently secured a 6.8-hectare land parcel in Bridgeman Downs, 12 kilometres north of the Brisbane CBD.
Originally Published: theurbandeveloper.com
$250 million mixed-use development a boon for north Brisbane suburb
Moreton Bay Regional Council has given the green light to a 1.7-hectare mixed-use development which will transform one of Queensland’s fastest growing areas.
With Brisbane-based practice Richards and Spence as lead architects, the Laguna development will be built in the heart of the suburban area of North Lakes, 26 km north of Brisbane.
It will feature 5,000 square metres of fashion, food and beverage retail space; a 140-room hotel; 2,000 square metres of health and wellness facilities; a 1,500-square-metre “resort-style” restaurant and bar; a convention and events centre and a publicly accessible aquatic centre with a lagoon-style pool.
Moreton Bay mayor Allan Sutherland said at the time of approval that the project would add to the 7,700 jobs in the North Lakes area, provide public green space and bolster the suburb’s reputation.
Originally part of Mango Hill, North Lakes was gazetted as a separate suburb in 2006, with its name derived from the masterplanned estate developed by property group Stockland. The suburb’s population has since grown exponentially, with the 2011 census recording a population of 15,046 and the 2016 census recording 21,671 people living in the area.
Richard and Spence director Ingrid Richards said “middle-ring” or “fringe” suburbs such as North Lakes often lack the cultural and social amenity associated with living close to the city. She said that as Australian cities grow outwards, developers, retailers and councils alike have “not just an opportunity but an obligation to help alleviate this shortcoming.”
“It’s critically important to provide quality retail and mixed-use amenity for the population that will call these areas home,” she said.
The Laguna development is intended to deliver this amenity all in one go. Richards said, “It’s got a complexity, and it’s got a depth to it as a suburb, as a fully functioning place.”
The precinct will be centred on a tree-lined, pedestrian-orientated high street, to be known as Laguna Drive, which will feature retail, cafe and outdoor dining space.
“We’re trying to raise the bar of what is good public space, of what is a good, exciting, engaging retail environment,” Richards said.
In addition to the retail and hospitality offerings, the project will also feature 10,500 square metres of office space across two buildings designed by Nettleton Tribe.
Richards said it was vital that jobs were created through the development.
“As a complete, masterplanned development…you can actually work there,” she said. “Everyone’s not necessarily driving to Brisbane for work, because there is business there. So, it’s not just a housing development, and that’s an important distinction to make.”
The project is being developed by the George Group in conjunction with Pointcorp.
Construction of the project is planned to commence in early 2018, with completion slated for late 2020.
Originally Published: architectureau.com
Property Management3 years ago
7 Common GST Mistakes On Property
Infrastructure12 months ago
Decision on horizon for key marina section of huge North Harbour development at Burpengary
Infrastructure3 years ago
Ikea looking for 250 staff to fill roles at new North Lakes store
Education11 months ago
Mayor calls funding freeze a ‘stake in heart’ of regional university plan
Infrastructure11 months ago
How train lines are driving property prices
Education11 months ago
MP vows Petrie university campus will be a reality despite claims saying otherwise
Market Place11 months ago
Queensland’s property flipping hotspots rise as profits roll in
Market Place1 year ago
CoreLogic figures reveal Moreton Bay region’s hottest real estate suburbs