Reasons to invest YOUR INVESTMENT SOLUTION - Melton City Council
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Reasons to invest YOUR INVESTMENT SOLUTION
Five reasons why you should
invest in the City of Melton
1. 2. 3. 4. 5.
People and Connectivity Strategic Unrivalled Business mix
The City of Melton is one of the most
vibrant and dynamic growth areas in the
workforce planning opportunities
heart of Melbourne’s west, and boasts
Victoria’s fastest growing economy over
the past 10 years.
Sitting in an enviable location, featuring
a mix of small, medium and large
businesses, with seamless connectivity
and unrivalled opportunity to develop
your operations; the City of Melton holds
the solution to your investment needs.
MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 1
63
154,257
33 23%
Current population
45
Median Age Economic output by sector:
374,700
Construction
528km 5.4%
2041 population projection
2 Families are moving into
Melton every week
of land Economic output by sector:
Retail
No.1
$4b
Fastest growing municipal
economy 2008-2018
5.6%
20,000 Jobs created in the
Economic output by sector:
Education and training
The City of Melton’s Gross Regional
Our innovative approach to handling major planning
applications means its takes Melton City Council an
average of just 63 days to consider an application.
Toolern precinct Product is $4.013 billion
In contrast, the average turnaround time for similar
5.7%
Economic output by sector:
Transport, postal and warehousing
growth area councils is 106 days.
2 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 3
1.
People and
workforce
4 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 5
154,257 Employment
(2016 Census)
The City of Melton offers
Current population
• a unique mix of urban and
528km 2
Almost 65,000 people rural lifestyles.
of land in the City of Melton
reported being in the
44 workforce. Of these,
59.4 per cent were
babies born a week employed full time
and 28 per cent were
45 employed part time.
families move in a week •
374,700 The industries in the
City of Melton employing
2041 population projection the greatest number
of people are:
Construction and trade
Retail
Education and training
1. People and
Healthcare and
social assistance
Accommodation and
food services
workforce
•
As one of Australia’s fastest growing Workforce advantage
municipalities, the City of Melton
offers a unique mix of urban and The City has a distinct workforce
rural lifestyles. The residential advantage. With more than 80 per
Growing consumer base population that has grown from cent of residents travelling outside
52,029 to around 154,257 in under the municipality each day for work,
20 years, and is expected to reach it leaves a highly skilled labour force
The City of Melton’s booming population offers 374,700 residents by 2041. searching for gainful employment
closer to home. Thousands of
rapidly increasing local customer bases across all The City will boast a population
greater than 400,000 people, equal
talented workers of varying skill
sets will see companies setting up
sectors. From hospitality to manufacturing, growth to the size of the nation’s capital,
Canberra. All this within the context
locally as an irresistible opportunity
to work close to where they live.
has opened the door for savvy business operators of being in the heart of Melbourne’s
Council maintains collaborative
west; a dynamic region set to
and investors to capitalise on increased consumer accommodate more than 40 per cent partnerships with locally based
of metropolitan Melbourne’s recruitment and training organisations
demand, and the economic advantages which population growth over the next – including Western BACE (Business
Accelerator and Centre for Excellence),
come with it. 40 years. (Source: LeadWest)
Job Actives, and various other
registered training organisations –
and will happily connect companies
looking to build their workforce.
Go West cafe
6 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 7
Lifestyle There is no question
The City of Melton: the perfect
place to live, work and play.
Explore expansive parklands, about it; the City of Melton
holds the solution to all
breathtaking historical trails,
homesteads and drystone walls;
With international award-winning shop in the vibrant retail precincts,
your investment needs.
wineries; fantastic eateries; and or indulge in the thriving café
world-class golf and sporting culture. The City is also home to
facilities, the City of Melton offers a public art trail and art gallery;
countless lifestyle options for recreation and aquatic centres;
residents and visitors alike. playgrounds, botanic gardens,
and so much more.
Eynesbury golf course
8 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 9
2.
Connectivity
10 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 11
Direct freight travel
•
The rail network provides
direct freight travel
between Melbourne
and Adelaide, Sydney
and Brisbane.
•
Road and rail On track for transformational Outer Metropolitan Ring Road
transport infrastructure
The City enjoys easy access to The City of Melton is central to
Melbourne’s key metropolitan and The new Western Interstate Freight the planned route of the State
interstate road networks, including Terminal (WIFT) has been earmarked Government’s proposed Outer
the Tullamarine, Calder, Western, for Truganina, and is the backbone Melbourne Ring road (OMR).
Princes and Hume Freeways. The of the State Government’s freight
toll-free Western Freeway connects plan ensuring Victorian freight and When built, the OMR will provide
commuters from key industrial logistics systems meet the needs of new major rail and road links, and
estates in the east and west of the a growing population and economy. seamlessly connect the City of
2. Connectivity
municipality, straight to the heart It is anticipated the facility will have Melton with the Princes Freeway in
of Melbourne’s CBD. the capacity to house 3.6km-long Melbourne’s south west, all the way
trains of double stacked containers, to key industrial hubs and the Hume
The City of Melton is connected and link in with the National Inland Freeway in Melbourne’s north, and
to Victoria’s key regional business Rail Project. further beyond to Sydney and the
centres including Geelong, Ballarat entire Australian Eastern Seaboard.
and Bendigo via road and rail. Truganina is the preferred WIFT This provides additional long-term
location as it will have room to certainty for businesses looking to
Direct access to intrastate, interstate accommodate co-located freight invest and grow.
and international markets is seamless, and logistics activities and service
Prime location is just one of the many reasons informed thanks to proximity to the Port of demand beyond 2050. The WIFT
Melbourne, and Melbourne and
investors have opted to move their operations to the Avalon international airports.
will further strengthen the logistics
advantages of Melbourne’s west,
City of Melton’s newest industrial estates, Truganina and will attract additional private
sector investment. It is expected
and Ravenhall. to be operational by 2025.
Located at the east end of the City, just 20km – or
as little as 17 minutes – from Melbourne’s CBD, these
precincts boast enviable proximity to major logistics On its way: The State
infrastructure such as roads, rail, seaports and airports.
Government has invested
Large-scale industrial and commercial land options $518 million to duplicate the
around Cobblebank and Melton are located a further
10 minutes away, via the Western Freeway. rail line up to Melton. This
means new train stations and
station upgrades by 2020.
12 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 13
The industrial estates are just
BRISBANE
SYDNEY
20km – or as little as 17 minutes
– from Melbourne’s CBD; these
CALDER FWY
TO BENDIGO
HUME FWY
BALLARAT
precincts boast enviable proximity
City of
to major logistics infrastructure
WESTERN FWY
MELBOURNE AIRPORT
Melton
TO ADELAIDE TO BALLARAT WESTERN
such as roads, rail, seaports and
airports.
RING RD
MELBOURNE
CBD
35km 20km
The City enjoys ready access to
Melbourne’s key metropolitan and PORT OF
MELBOURNE
interstate road networks, including
the Tullamarine, Calder, Western, PRINCES FWY
Princes and Hume Freeways. Road and rail Ports Airports
The City enjoys access The Truganina industrial The City is close to both
to Melbourne’s key estate is conveniently Melbourne and Avalon
metropolitan and located about 18km from international airports.
AVALON AIRPORT interstate road networks. the Port of Melbourne.
N
5km
GEELONG
14 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 15
3.
Strategic
planning
16 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 17The Toolern precinct
will include:
A financial lender will
A Metropolitan Activity appreciate the certainty of
predetermined and capped
Centre incorporating
retail, commercial and
Developer Contributions
civic space
•
A new railway station Plans in PSPs.
on the Ballarat line
•
1,500 hectares of
residential land
and 420 hectares of
commercial land It is one thing to add land to the Prospective business investors are
Urban Growth Boundary, but where often courted by landowners and
• should the roads and industrial developers who are eager to secure
estates go? How many shopping key anchor tenants early in the
A 131-hectare regional centres will there be? How many process. A good anchor tenant in
park incorporating formal schools, playgrounds and community the right location can fast-track a
and informal recreation centres? The answers to these development, with utility services
questions are all set out in the provided to the entire estate. Early
opportunities
3. Strategic
Precinct Structure Plans developed tenants to new estates are usually
in partnership between State in a strong position to be able to
• negotiate favourable terms and
Government, Melton City Council,
landholders and other key secure prime sites.
20,000 new jobs
stakeholders.
• PSPs at work: Emerging business
planning
Once a PSP has been approved,
landowners may then work with precincts
Council to develop the finer grain
plans for subdivisions and local Toolern
road networks that will allow for The Toolern precinct in Cobblebank
development to take place. – soon to be home to around 55,000
people – has a $15 billion investment
The benefits of areas potential. It will be the epicentre of
covered by PSPs future major health, higher education,
Thriving communities are built from careful planning. commercial, corporate and
The greatest benefit surrounding government development in
Determining the most efficient and appropriate use of PSPs is they assist in minimising Melbourne’s west.
land is a key role of local and state governments, and for investment risk. They reduce the
potential for cost and time overruns Toolern will include major retail,
new areas of undeveloped land this is done through the in the planning phase of property
development, as biodiversity,
entertainment and dining precincts.
It will boast one of the City’s major
Precinct Structure Plan (PSP) process. This is particularly cultural heritage and infrastructure public transport hubs, with a new
train station under construction
provision planning are largely
relevant to the City of Melton, with the extension of identified and resolved. and due to open in late 2019.
Melbourne’s Urban Growth Boundary in 2010 adding The plans undergo a comprehensive Mt Atkinson
community consultation process
11,300 hectares of land rezoned for residential and prior to approval. They are advertised
The Mt Atkinson and Tarneit Precinct
Structure Plans approved by the
– and any objections are resolved –
commercial development. before being approved by either
State Government opened up fresh
commercial and industrial land for
local or state governments. This
future development. With proximity
means development applications
to key logistics infrastructure, this
which align with PSPs usually do not
industrial precinct promises to be
require advertising before Council
a popular investment location
makes a decision on them, speeding
NewCold, in the Truganina industrial estate up the process.
among logistics, manufacturing
and transport businesses.
18 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 19Toolern Vale
Diggers Rest
Sunbury line
Harkness
Melton Melbourne
Plumpton
Kurunjang
Strategic
Melton
land-use map Bonnie Brook
Hillside
Melton South
Cobblebank
N Brookfield 1 Grangefields
Fraser Rise
Taylors Hill
1 Toolern Metropolitan
Activity Centre Aintree
Ballarat line
2
Weir Views
Proposed Western
Interstate Freight Terminal Strathtulloh Deanside
Thornhill Park
Proposed Outer Caroline Springs
Metropolitan Ring Road Rockbank
Burnside
Rail Station Exford
Fieldstone
Future Rail Station
Ravenhall
Existing Activity Centres
Mount Cottrell
Future Activity Centres
Truganina
Existing Residential
Eynesbury
Future urban area
Future Employment Land 2
Existing Employment Land
20 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 214.
Unrivalled
opportunities
Lorenzo Cremasco, Westkon Commercial Director
22 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 23Despite unparalleled growth • The 2018 Auditor-General’s Office
report also found the City of Melton’s Western BACE
over the past 10 years, the
The City of Melton’s GRP exceeded its population growth.
GRP has only kept pace with The Western Business
Gross Regional Product Accelerator and Centre for
population growth in 29 of the
full development potential
is $4.013 billion 79 Victorian councils. A locality’s Excellence is a state-of-the-art
economic growth keeping pace business centre incubator in
•
of the City of Melton has yet
with – or exceeding – its population Cobblebank that provides work
growth is a positive indicator of spaces to support emerging
economic development. businesses, as well as
to be realised. New developments and changes
technological and training
facilities. It also houses
to Melbourne’s Urban Growth research and development that
Boundary are now unlocking previously supports employment growth
inaccessible opportunities. This will in the City.
only add to the momentum which has
been building in the City of Melton The Federal Government
for the last 10 years. provided $14.62 million in
funding for the construction
of the 5-star Green Star facility;
Affordable land availability a Council initiative which is
also supported by a handful
The City of Melton’s generously
of other organisations. With
sized parcels of available land
extensive growth projected in
offer abundant opportunities for
this region, the Western BACE’s
businesses to establish and grow
vision is that Melbourne’s west
their operations, with more than
has the enterprise ecosystem
1200 hectares of vacant greenfield
to rival any major Australian city.
land set aside specifically for
4. Unrivalled
commercial and industrial
development.
Compared to other regions, Melton South and Cobblebank
industrial and commercial land in the Melton South and Cobblebank,
opportunities
City of Melton is relatively affordable. just south of the Western Freeway,
The opening up of new land for are already home to some significant
development will ensure there business operations. While still largely
continues to be land available at a undeveloped, the promise of
range of competitive price points. investment will see its full potential
unlocked, and the area entirely
Established Key Business developed across the next 30 years.
Precincts: Truganina and Ravenhall
Major operators in this precinct include:
According to the 2018 Victorian Auditor-General’s Office Truganina and Ravenhall in the
municipality’s south east form part
–– Tabcorp Park
–– Westkon
report into local government and economic development, of the western industrial precinct.
–– Abey Australia
The area has become a significant
the City of Melton has been Victoria’s fastest growing transport and warehousing hub in –– Bertocchi
Melbourne’s west. –– Saizeriya
economy for over a decade, with an almost 70 per cent rise –– RCPA
Major operators in the Truganina
in Gross Regional Product (GRP) between 2007 and 2016. and Ravenhall area include:
Caroline Springs Business District
–– NewCold
–– CEVA This medium-density business district
–– Catch Group Distribution Centre is continuing to attract new investment
and improved amenity. It is nestled
–– Ravenhall Correctional Facility on the edge of the beautiful Lake
–– Goodyear & Dunlop Tyres Caroline, and with nearby cycling and
walking tracks, it is the perfect location
to establish an office headquarters
with a point of difference.
NewCold
24 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 255.
Business
mix
Ashleigh Keyser, Development Manager and
Karen Choi, Director, EMKC Developments
26 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 27Breakdown of economic Construction Transport, postal and warehousing Wholesale
output by sector Construction accounts for $1.6 billion With the strong logistic advantages Tapping into the logistics advantages
or more than 23 per cent of the total of the municipality, transport, postal and strong local labour market,
• output of the City of Melton’s and warehousing operations have the wholesale sector contributes
economy. It is the key propulsive become a driving industry sector. $326 million or 4.7 per cent of total
Construction: sector with the greatest impact, and The sector contributes $397 million output. It is the fifth-highest sector
$1.6 billion / over 23% leads the way for employment, local or 5.7 per cent of total output to in the City of Melton for regional
sales, regional exports and local the City’s economy. It is also third exports and local expenditure.
• expenditure. in regional exports and fourth in
employment, regional imports and Abey Australia, Cobblebank
Transport, postal Varcon Group – Caroline Springs local expenditure.
and warehousing: For more than 56 years, Abey
Varcon Group is a construction firm Australia has been brought quality
$397 million / 5.7% CEVA Logistics, Truganina
with a head office in Caroline Springs. tapware and bathroom designs and
• It has over the years successfully CEVA Logistics is the world’s technology to Australia. With the
carved out three distinctive niches fourth-largest logistics company head office and warehouse located
Education and training: delivering premium quality building with over 42,000 supply chain in Cobblebank, Abey has become a
projects to discerning customers. professionals employed world-wide. feature of the City of Melton business
$388 million / 5.6% These include high-end luxury homes, When looking to expand and community, having won awards for
economical community assets and consolidate its Melbourne operations, business excellence and employing a
•
factories, and functional commercial/ CEVA invested $80 million to build strong cohort of skilled local workers.
residential high-density complexes. one of the biggest single-span
Retail:
With major multi-storey projects sheds in the southern hemisphere,
$379 million / 5.4% Health care and social assistance
being delivered around the Caroline half-kilometre-long storage and
Springs central business district, distribution facility eight times the
• Varcon Group is pushing the envelope size of the Melbourne Cricket
The health and welfare of a growing
community provides plentiful
beyond what was once thought Ground. This Truganina based facility opportunities for businesses and
Wholesale:
5. Business mix
possible in Melbourne’s west. is the largest of CEVA’s eight major organisations that service the sector.
$326 million / 4.7% sites along Australia’s east coast. Health care and social assistance
Retail is the ninth largest sector overall,
• with $307 million or 4.45 per cent
Education and training
Tapping into the population boom, of total output. It is also fourth in
Health care and retail is the second largest sector With population growth comes employment and fifth in value adding.
social assistance: for employment in the City of the need for education and training
$307 million / 4.45% Melton, making up 5.7 per cent – to service the growing community. Melton Health and Community
or $379 million – of the total gross This sector accounts for $388 million Services Facility
Any business which sets up in the City of Melton can • revenue for the municipality. With a
large percentage of the population
or 5.6 per cent of total output.
The sector is the fourth-largest
The $21 million Melton Health and
be confident in the knowledge they will be keeping in the family-raising stage, consumer employer in the City.
Community Services facility on
Barries Road, Melton, is due to be
spending per capita is high and is
outstanding company. Packed with local supply helping to attract new investment UNESCO Certification
opened in 2018. The facility will be
home to Djerriwarrh Health Services
into retail.
chains, businesses are able to grow with confidence, Melton City Council was awarded
status as a member of UNESCO’s
and other important health services
providers. It will help to anchor the
QIC Group, Woodgrove Shopping
and build strong working relationships with suppliers, Centre, Melton
Global Network of Learning Cities Melton Health Precinct in a prime
(GNLC) in 2015. The municipality is location, adjacent to the Woodgrove
which is often the key to sustainable success. With over 160 specialty stores internationally recognised as a Shopping Centre.
including fashion, homewares, leading city in lifelong learning and
fresh produce, dining and cinemas, the only City in Australia to be
The City has a robust and thriving economy, however, Woodgrove Shopping Centre is the awarded membership to the
six industry sectors in particular outpace the rest, focus of retail in the City of Melton.
Since its $150 million expansion in
UNESCO GNLC.
and are the backbone of stellar economic growth late 2013, and increased public
transport links, Woodgrove Shopping
across the City. Centre has become a hub for a
range of health, community, and
recreational activity.
Woodgrove Shopping Centre
28 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 29NewCold searched long and hard to Westkon expanded its precast concrete Westcare Medical Centre sees Melton Woodlea’s joint venture partners EMKC joined the MarksX Group to Russo Estate founded its roots in
find the perfect base for our first sites manufacturing operations and relocated as an important and exciting area for Victoria Investments & Properties, create The Agar Estate, Truganina, as a Diggers Rest in August 1994 with grand
in Australia, and Truganina filled all its head office to Cobblebank in two stages health services development. We benefit and Mirvac, have chosen to invest in world-class industrial hub focusing on plans at its vineyard. We officially
of our criteria. We wanted a base close in 2006 and 2014. The key focus of the from being located in the health precinct the City of Melton due to the area’s key medium to large format, high-quality opened our cellar door and restaurant
to our key customers, which could help company was growth, and we needed on Barries Rd, which also includes Melton infrastructure fundamentals such as and innovative industrial occupiers. in August 2016.
them reduce food miles, as well as room to expand. We also knew that Health and Youth Services. Melton City good road and rail connections, the
having great access to highways and with the City of Melton’s fast-growing Council has been integral to fostering progressive and collaborative Melton The City of Melton is an ambitious We are very optimistic about our
perfect for exporting out of the harbour. population, it would help us when looking collaboration between our services. Council, and the incredibly vibrant and and proactive municipality. From the future here. Diggers Rest and the
Having chosen the site, the local support for skilled labour and engineers. The diverse community that creates a home economic development to the planning surrounding suburbs are increasing
we received through the planning and good road infrastructure and freeways The population growth has surpassed for Woodlea residents. The City of Melton and engineering teams, EMKC have in population; we’re only a 25-minute
building process, and the great people gives us access to supply easily to the the rate at which medical facilities are is a great place to do business as it is a key found Melton City Council to support drive from Melbourne’s CBD, and
we have employed, just re-enforced our Melbourne CBD and beyond.” being established locally. Our passion is growth area of Melbourne and both state and encourage investment at all levels. 20 minutes from the airport. It is the
view that this was the ideal location.” training the next generation of GPs and and local governments are investing into By adopting a flexible and commercially perfect place to escape and unwind
Lorenzo Cremasco, Commercial Director to attract them to work in this area. the area to help support and maintain focussed approach to development, while enjoying picturesque views of
Jon Miles, UK Country Manager This area of rapid growth provides an the levels of growth, and help enhance Melton City Council have facilitated our beautiful vineyard, alongside our
ideal training environment, and allows liveability for local residents.” exceptional levels of economic growth three-tier waterfall and overlooking
us to attract the brightest young GPs and creation of new opportunities the perfect setting for any function.”
to Melton.” Matthew Dean, Project Director within their municipality.”
Joe Russo, Owner & Director
Dr Alastair Stark, partner Edward McKenna, Director EMKC
30 MELTON CITY COUNCIL | YOUR INVESTMENT SOLUTION 31We can connect you
with our local business
Melton City Council
network, provide
means business
professional development
opportunities, and keep
Here at Melton City Council, we We focus on streamlining and adding
are always available to help in your certainty to the planning application
decision to grow and expand your process, and are leaders in delivering
business. We employ a dedicated
team of business development
fast and efficient planning applications
in Melbourne’s west. you up-to-date on our
impressive calendar
specialists who share your passion
for entrepreneurial success, and have In fact, our innovative approach to
all the facts, figures and data you handling major planning applications
need to help you with your decision
making process.
means its takes Council an average of
just 63 days to consider an application. of business events.
In contrast, the average turnaround
We are ready to broker the time for similar growth area councils
relationships that will help fast-track is 106 days.
your success, and have a proven
record in assisting new and emerging We are ready to help you on your
businesses establish in our City. business journey.
32Melton Civic Centre 232 High Street, Melton +61 3 9747 7200 melton.vic.gov.au Economic Development unit +61 3 9747 7200 melton.vic.gov.au/venturemelton /venturemelton @venturemelton venturemelton@melton.vic.gov.au
You can also read
