Avalon industry precinct takes off

News

THE Avalon Airport Precinct took a major step forward today (16 June 2017) with works starting on the industrial precinct, which will eventually be home to 750 new jobs, and the Cotton On Group’s purpose built distribution centre.

Premier Daniel Andrews joined state MP for Lara John Eren, federal MP Sarah Henderson and representatives from the Cotton On Group and Avalon Airport to 'turn a sod', marking the start of works on this major project (pictured).

The industrial precinct will help Avalon diversify its operations and cement its future as a major freight and logistics hub capable of servicing a variety of industry sectors, as well as providing a new base for the Cotton On Group’s distribution network in Australia.

The state government is backing this project with a $1.5 million investment from the Regional Jobs and Infrastructure Fund to help create much needed jobs and boost the local economy.

The investment from the government will assist with the development of an initial 40 hectare site on the vacant north-west corner of the 340 hectare industrial precinct. The funds will make the precinct ready for tenants including the site fit-out of voltage electricity, gas, water, fibre optics and communications infrastructure.

The Cotton On Group is the first major tenant for the industrial precinct, who are building a new state of the art distribution centre, securing 200 existing jobs.

The new 35,000m² facility will enable the retailer to better service its 747 Australian stores and thriving e-commerce platform by ensuring faster replenishment and delivery times for its local customers.

Cotton On Group is the largest private employer in Geelong, with an expanding international retail network.

It is estimated by 2026, the industrial precinct will create 750 direct jobs and up to 1100 indirect jobs.

Avalon Airport is Victoria’s second major airport and home to the biennial Australian International Air show, which this year attracted a record-breaking 210,664 people to Avalon.

Premier Daniel Andrews said his government was proud to back Avalon Airport so that it ccould soar to new heights and meet it’s true potential.

"This is about jobs and ensuring that Geelong remains a great place to live, work and do business,” he said.

“Victoria is leading the nation in jobs and economic growth – but we’ll never rest on our laurels and will chase every opportunity to secure jobs right across the state.”

Avalon Airport Executive Chairman David Fox said the commencement of building works at Avalon’s new Industrial Precinct strengthens the Airport’s future as a key Victorian freight and logistics hub.

“We thank the State Government for their support and we are delighted to have the Premier with us to share in this important milestone, as Avalon takes another major step forward.”

Chief Financial Officer of the Cotton On Group Michael Hardwick said that as a "born-and-bred Geelong retailer", Cotton On was continually looking for ways to drive economic development in the community.

"We’re proud to be the first major tenant at Avalon Airport’s new industrial precinct,” he said.

“Today marks an exciting milestone for the Cotton On Group as we break ground on our new distribution centre and we look forward to providing our team with a leading experience and world-class working environment.”

Corrangamite MP Sarah Henderson represented the federal government which had "cut red tape" to allow the precinct to go ahead.

Sourced: Based on a state government media release