The delivery of new infrastructure could solve congestion issues in Melbourne’s growing northern region, with Melbourne-based developer MAB Corporation pledging to deliver an “essential piece of road” in Epping.
The privately-owned development company will deliver a one kilometre stretch of Edgars Road within its 97-hectare estate Alliance Business Park by late 2020.
MAB’s delivery of Edgars Road will provide a north-south link between suburbs north of O’Herns Road and Cooper Street.
Local, state and federal governments are also pledging more than $110 million to upgrade and duplicate O’Herns Road, and add a diamond interchange to the Hume Freeway.
City of Whittlesea mayor Lawrie Cox said the City had been working with MAB to rollout the upgrade to the road network.
“We know traffic congestion is a huge issue in our community,” Mayor Cox said.
“The combined upgrades will ease congestion by delivering an important additional entry and exit on the Hume Freeway for Melbourne’s northern residents and businesses.”
MAB Commercial and Industrial general manager Michael Martin said the road upgrade could unlock congestion for up to 45,000 residents in Epping North, where “locals ... [can] face extensive commuter delays”.
Established and owned by fifth generation Melbournians Michael and Andrew Buxton, MAB has been operating since 1995.
The Alliance Business Park, which launched in 2012, is part of MAB’s development portfolio which is worth more than $11 billion. To date, MAB says it has delivered 19 business parks across Victoria totalling 660 hectares.
“Our strategy is focused on identifying landmark industrial sites with exceptional transportation linkages, and in the case of Alliance, delivering these linkages where we can, to benefit our purchasers and the wider community,” Martin said.