Tuesday, 26 October 2010

Bankstown. Aerospace and defence roundtable

Over 100 participants from industry, government, the research and training sectors and other relevant organisations are expected to attend the second Sydney Aerospace and Defence Roundtable, on Wednesday October 27, at Bankstown City Council chambers. Keynote speakers include representatives from federal, state and local governments including: Steven Kerlander, senior manager, Industry & Investment NSW; Heidi Maher, state manager, Business Access Office NSW/ACT, Defence Materiel Organisation and Sam McNaughton, Enterprise Connect, Defence Industry Innovation Centre.


Region. Shergold is the new UWS Chancellor

Former Secretary of the Department of the Prime Minister and Cabinet, Professor Peter Shergold, has been appointed the new Chancellor of the University of Western Sydney. The UWS Board of Trustees elected Professor Shergold as successor to Mr John Phillips who will retire in December after almost 10 years in the position. Professor Shergold has had a distinguished academic and public service career for over three decades.


Parramatta. Submission on rail link

Parramatta City Council is preparing a submission, outlining why the city should be considered as part of the mooted federal government’s Feasibility Study into the East Coast Fast Rail line between Melbourne and Brisbane. Lord Mayor, John Chedid, said a report will be presented to council in November which addressed the benefits of being included in the East Coast Fast Rail network and how Parramatta could be better connected with Central Coast, Newcastle and Southern Highlands.


Parramatta. Leagues club refurbishment

Parramatta Leagues Club has lodged a DA with Parramatta City Council for the internal demolition and refurbishment works to existing level 2 lounge to create an indoor and outdoor dining lounge with associated restaurant and bar facilities and amenity areas, at 15 O Connell Street, Parramatta. Estimated cost: $600,000.

Parramatta. Consolidation of lots

Parramatta City Council has received a DA lodged by Ms Maria Cavallaro for the consolidation of lots, demolition of existing showroom and outbuildings and alterations and additions to existing two storey commercial development comprising of a four storey western elevation extension, at 30 and 32 Ross Street, Parramatta. Estimated cost: $2.3 million.

North Ryde. $50 million data centre

Macquarie Telecom has bought two hectares in North Ryde for $10.8 million to build a new data centre facility. The centre, Intelligence 2 is expected to cost close to $50 million to be completed in late 2011 The floor space ratio of the site allows for the potential to build plant and raised floor of 215,000 square feet Phase one of the project will see $49 million invested into mechanical, electrical, plant and equipment needs. $30 million of this investment will be made over the next 12 months. The company said the North Ryde business precinct offers proximity to Macquarie Telecom’s current and future customer base and complements its existing Sydney CBD data centre.


Eastern Creek. $22.1 million sale

Brickworks has exchanged contracts for sale of two lots at the M7 Hub industrial estate at Eastern Creek The Brickworks/Goodman JV has secured agreement for the sale of the largest remaining lot in the estate, for $22.1 million. Settlement is expected no later than January 31, 2011, subject to securing subdivision, development and FIRB approva. A further lot owned directly by Brickworks was sold for $2.07 million representing a rate of $360 per square metre. This deal is unconditional and settlement is also scheduled for late January 2011.

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