Tuesday, 26 July 2011

Sydney Olympic Park. Evolving business hub

A study, commissioned by Sydney Olympic Park Authority (SOPA) and conducted by Mircromex Research, reported 11,000 permanent workers in the park, almost doubling the 6000 permanent workers recorded in 2006. This increase can be credited to a number of organisations that have opened offices in the park, including: the Commonwealth Bank, Fujitsu, and Watpac. SOPA’s Master Plan 2030 provides for more street frontage food and retail options Upcoming developments at 5 Murray Rose Avenue and Australia Towers will include additional retail and public amenities, further improving the choices available to the Park’s residents and workers.

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Granville. Assets purchased

Australian Paper has announced a formal agreement to purchase the assets of Australian Envelopes, which has a facility at Granville, from administrators PPB Advisory. It is believed the deal will make Australian Paper's stationery subsidiary, Australian Office, the largest envelope manufacturer and overprinter in the country. The company already produces around 1 billion envelopes a year.

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Region. 500 to hear Premier

Premier Barry O’Farrell will address approximately 500 business people, politicians and local government officers at the annual State of the Region function, to be held at the Waterview, in Sydney Olympic Park, on Thursday, July 28. The function is organised by the Parramatta-based Western Sydney Business Connection.

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Parramatta. Landcom on the move

The head office of Landcom, currently in the former David Jones building, in Church Street, will relocate to the 20-storey Eclipse Tower, under construction at 60 Station Street, in the Parramatta CBD. It is expected to be complete in August 2012. Deloitte and QBE Insurance, both in Parramatta, have leased space in the building. Meriton Apartments will redevelop the DJ's site.

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Smihfield. SDV leases centre

Global supply chain management firm, SDV, has leased a 12,910-square-metre distribution centre, at Smithfield. The building is close to the Cumberland Highway, providing easy access to the M4 and M7 motorways. CB Richard Ellis NSW industrial director, Jason Edge, negotiated the lease on behalf of Goodman Group.

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