melb-s-north

Business Park In Melbourne's North

Market Insights
9 years ago
2 minutes

 

Premier Daniel Andrews has launched a $1.2 billion business park in Melbourne’s north, welcoming more jobs and investment to our thriving northern suburbs.

The Merrifield Project, which includes the business park, is a joint venture between Melbourne-based MAB Corporation and Gibson Property Corporation, and will create 25,000 direct jobs in Melbourne’s north.

The construction of the 330 ha business park will see an additional 2700 direct and 4000 indirect jobs created over the building timeline.

Mr Andrews said the business park was drawing interest across industries and would support a range of jobs around the outer suburbs.

“Families moving into our new outer suburbs like Merrifield deserve strong opportunities and liveable communities, and developments like these will build that close to home.”

“This will be an industry-leading business park that will bring jobs and growth to Melbourne’s north.”

DuluxGroup will be one of the first companies to set up at Merrifield, with the construction of a $165 million water-based decorative paint factory housing 60 new jobs and another 200 created during construction.

Melbourne’s population is growing by about 100,000 people each year and about half of those people will be accommodated in our growing outer suburban communities.

“This development sets a high standard for the Melbourne market" said Minister for Planning Richard Wynne, "this is a quality project which will have a positive flow-on to the surrounding community and economy for generations to come.”

“This development shows what happens when long-term plans are strategically introduced. Melbourne’s fast rate of growth is a challenge, but we see the opportunities solid growth offers.” 

More than 83,000 new jobs are set to be created in the northern growth corridor and Merrifield Business Park will drive investment and support thousands of families in the surrounding suburbs.

The Andrews Labor Government is working to make our outer suburbs more liveable for families, by supporting jobs, building infrastructure and providing more affordable housing.