Tuesday, 18 February 2014

Business briefs

Bought for $3.85 million
Walco Aluminium has bought a vacant, freestanding industrial property, in Granville, for $3.85 million, from PCW Properties.
$17 million centre
Taylor Construction Group has commenced work on Parramatta City Council’s $17 million new operations centre, in Rydalmere, which will be a hub for over 250 staff from council’s civil and parks maintenance, cleansing, sign making and carpentry teams, mechanical workshop, fleet and animal holding services. It will also accommodate design, technical and asset and waste management staff currently located in Civic Place. The centre is due to be completed by the end of this year.
Small business appointment
Ms Robyn Hobbs has been appointed Small Business Commissioner for a five-year term, by the Minister for Small Business, Katrina Hodgkinson. She was formerly manager, executive support, at Parramatta City Council.
Tower nominated for award
The Eclipse Tower, the 19-level office building of 25,728 square metres, in the Parramatta CBD has been nominated for Best Office Development as part of the 2014 Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards, to be announced in May.
Land value up nearly $3 billion

The total land value of the Parramatta local government area increased to about $20.87 billion, at July 2013, up from $17.95 billion, in July 2010, according to the NSW Valuer General.
$7.1 million project
Parramatta City Council has under assessment a DA for the demolition of a heritage building, demolition of ancillary structures, tree removal and construction of a multi-purpose facility, at Our Lady of Mercy College, 2-6 Victoria Road, Parramatta. The estimated cost is $7.1 million. The application will be determined by the Western Sydney Joint Regional Planning Panel
DA for demolition
Parramatta City Council is assessing a DA for the demolition of existing warehouses and offices, at 2-8 River Road West, Parramatta, for a part 11 and part 12 storey mixed use development including 271 apartments, three retail tenancies and two levels of basement parking. The $82.5 million proposal, overlooking the Parramatta River, will be determined by the Sydney West Joint Regional Planning Panel.


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