Thursday 22 September 2011

Glenwood. Possible sale of markets

Parklea Markets could be put on the market following the appointment, on August 16, of receivers and managers to Almona Pty, owned be developer Con Constantine, owing more than $31 million to secured creditors, according to The Australian Financial Review. Almona had lodged plans for a $135 million redevelopment of the 17-hectare site, at Glenwood, including a teo-storey hotel, a 21,000-square-metre conference and 17,000-square-metre growers’ market.

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Penrith. Inaugural rowing event

The inaugural Sydney International Rowing Regatta, from 18-24 March 2013, will be held at the Sydney International Regatta Centre, at Penrith Lakes, to coincide with the prestigious Samsung World Rowing Cup. The event will also include the Kings and Queen’s Cup Regatta, Australian Open Rowing Championships and Australian Schools Rowing Championships. The Samsung World Rowing Cup will bring some 800 athletes, officials and media from across the world, each staying for up to 21 days In addition there will be 2000 athletes coming from around Australia to compete throughout the week Premier Barry O’Farrell said the event would generate up to $7 million in new money for the local economy and attract the best rowing talent from across Australia and the world.

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Macquarie Park. $107 million investment

Deputy Premier, Andrew Stoner, has officially opened the new global service centre of specialist ICT services and solutions provider, Dimension Data Australia, at Macquarie Park. The global service centre currently employs 130 people but the company expects it will grow to employ over 300 people over the next five years. Dimension Data's facility has been built to provide 24-hour, seven day a week technical support for companies spanning a range of sectors, including financial services, telecommunications, healthcare, manufacturing, government and education. NSW Trade & Investment worked with Dimension Data to help secure the $107 million investment for Sydney.

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