Business is booming on the Sunshine Coast, with Economic Development Queensland revealing the region as its industrial land hotspot for the year.
New EDQ figures show the Sunshine Coast dominated queries from companies, about its industrial estates across the state, in the 12 months to December 1.
About one third (134) of the 400-plus queries to the Queensland Government’s land use planning and development agency were for land in Caloundra, Coolum and Yandina.
The Sunshine Coast Industrial Park at Caloundra drew the most interest of any site – and with the upcoming release of 41 lots in late 2023, activity is expected to ramp up
EDQ acting general manager Glenn Ziernik says the Sunshine Coast is poised for industrial investment.
“This fast-growing regional city is an attractive location for companies setting up shop or looking for a new home to build up their business,” Mr Ziernik says.
“That’s why we’re developing Stage 2 of the Sunshine Coast Industrial Park to meet strong demand from industry for new land and boost the local economy.
“This second and final stage will release about 30 hectares of developed land, providing 41 industrial lots within a purpose-designed and built estate.
“A range of businesses are looking for opportunities to be part of this major hub, and we anticipate interest in the precinct will continue to build.
Site works are under way for Stage 2, which is expected to create 100 jobs during construction and up to 1390 ongoing jobs after the new companies have moved in.
Ten lots spanning a total of 12.2 hectares have been sold across EDQ’s Coast industrial estates in 2022, representing about $20.7 million in sales.
It follows a nationwide surge in demand for industrial space during the pandemic.