$40b economy fuels SEQ’s new engine room

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Around the world, new business precincts and innovation zones are changing the way enterprises and residents connect with location and opportunity.

From China’s Greater Bay Area to Singapore’s Jurong Innovation District, dedicated greenfield sites – where urban planners can work on masterplans unfettered by legacy concerns – offer fresh solutions to old infrastructure problems.Fuelled by $40 billion economy, Moreton Bay is SEQ’s engine room.Getting it right involves a fine balance of effective policy, far-sighted planning and strong market backing.

Advanced manufacturing in Moreton Bay now employs more than 10,000 people and generates around $1.1 billion in exports supported by purpose-built industrial precincts such as Brendale, Narangba and Burpengary that ensure lower operational costs. “In fact, many of our industrial estates are closer to Brisbane Airport than Brisbane’s own industrial estates. With the potential of an alternative Bruce Highway in the pipeline, our ability to move goods and services, either interstate or internationally, is only going to strengthen our offering.”

Its most ambitious development, however, is The Mill at Moreton Bay: positioned on a 460-hectare greenfield site, it The Mill at Moreton Bay is a priority development area delivering sustainable, mixed-use developable land. Based for more than 20 years in Brendale and with a team of more than 80 staff and five divisions operating under one parent company, Elexon is typical of the knowledge-based industries making the move to Moreton Bay.

 

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