QUBE has started construction of the Moorebank Logistics Park, the largest intermodal logistics precinct in Australia.
Qube managing director Maurice James said the Moorebank precinct would transform the freight and logistics supply chain along the east coast.
“The Moorebank development is certainly a once in a lifetime opportunity. Linking one of the nation’s busiest ports by rail to an inland facility with the sheer scale and location benefits of the Moorebank site is a game changer that will deliver huge long term benefits to consumers and businesses that will operate here,” he added.
Qube will develop, manage and operate Moorebank Logistics Park on 243ha in south western Sydney under a 99-year lease. The precinct will include up to 850,000sqm of integrated warehousing when fully developed.
The site has a direct rail link to Port Botany and the interstate rail freight network which, along with its proximity to major motorways, make it ideal for an intermodal facility.
When complete, the facility will transport 1.5 million TEU of freight from Port Botany to Moorebank by rail instead of road – removing thousands of heavy truck movements off Sydney’s road network every day.
An economic benefits study forecasts the facility will generate around 7,000 jobs, $9 billion in economic benefits, reduce greenhouse gas emissions by more than 40,000 tonnes a year.
Australian Property Journal
