LandCorp, Wanneroo to partner in new industrial estate

LandCorp and the City of Wanneroo are partnering in the development of a new 400 hectare industrial estate within the Neerabup Industry Area.

The estate, known as Meridian Park, is expected to meet the industrial land needs of the North-West metropolitan region for the next 20 years and create up to 20,000 new employment opportunities for residents of surrounding communities, including the new city of Alkimos.

The Stage One release of the estate will feature 21 lots spread over 10ha, and is expected to come onto the market in early 2008.

A further 12ha in Stage Two will be released next year.

To assist new business and growth in the region, Meridian Park will offer a range of lot sizes capable of accommodating several industry uses.

All lots will have the potential to access a high speed broadband network, as well as parks, child care, banking facilities, gym and cafes.

The total NIA area is 1,000ha, with LandCorp and the City owning approximately 400ha between them, with the balance owned by companies including Cockburn Cement and a mix of private individuals.