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Millovate is activating a 65ha greenfield site to deliver a landmark destination it says will redefine the Moreton Bay region—The Mill at Moreton Bay.
The site is near south-east Queensland’s remarkable D’Aguilar mountain range and subtropical rainforest, stunning Moreton Bay, the Sunshine Coast and its hinterland and airport, and Brisbane’s central business district, airports, port and road network.
Millovate Chair Nigel Chamier said that “working with the Moreton Bay Regional Council, Millovate is managing the development and activation of the council-owned land within The Mill at Moreton Bay Priority Development Area (PDA), and we are supporting the council’s focus to retain, rehabilitate and enhance the region’s natural habitat, including 110ha of green space.”
Aligning the council’s vision to elevate the region economically by diversification of investment attraction, Millovate successfully engaged regional interest from advanced manufacturers considering locating at The Mill at Moreton Bay.
Millovate is now extending the opportunity to national advanced manufacturers (robotics, medical technologies, microelectronics, Information Technology, pharmaceuticals, food processing, through to textiles, plastics and renewable energies).
“Moreton Bay region is one of Australia's fastest growing regions, with a population forecasted to escalate to over 690,000 by 2041, aligning with infrastructure delivered and planned to support our growing community,” Moreton Bay Mayor Peter Flannery said.
“Our vision for the Moreton Bay region is exciting, as we project a $40 billion economy by 2041.
“Our plan is to grow Moreton Bay region’s economy by transforming it into a more prosperous, agile and resilient powerhouse that will endure and adapt to the challenges of modern-day and future constraints, to become a more sophisticated and robust player in domestic and global markets.
“The Moreton Bay region has solid foundations and strong fundamentals. We have developed a resilient and diversified economy and community, underpinned by a range of traditional industries that have historically positively thrived.
“Rapid advances in technology, industry modernisation, major changes in global trade, and the impacts of the pandemic mean the world has altered indefinitely.”
“Moreton Bay region is determined to attract new investment that will provide a high level of value to our economy, create employment and opportunities for our community, with the embracement of industry advancement across advanced manufacturing, food and agribusiness, tourism, sport and major events, and knowledge, innovation and entrepreneurship.
“Council is focusing on supporting high value-adding industries, exports, and innovation, while balancing the lifestyle that our community already enjoys.”
“As a Queensland Government Priority Development Area within south-east Queensland’s high economic growth region, with strong connectivity to the airports and M1, the major urban road corridor connecting Queensland’s Sunshine Coast to northern New South Wales, supporting industry and business, The Mill at Moreton Bay development project is planned to become a sustainable mixed-use medium-density integrated-industry urban community,” Chamier said.
Mayor Flannery said The Mill at Moreton Bay has been earmarked as one of Moreton Bay’s region-building projects that will deliver and drive a bigger, bolder and brighter future for the region.
Establishing the foundations for future growth and prosperity, investment and economic drivers already delivered include the University of Sunshine Coast (USC) Moreton Bay campus facilitating education, training and research, parkland, streetscape and recreational facilities, as well as road and rail infrastructure.
The strategic establishment of USC Moreton Bay at The Mill at Moreton Bay fosters the potential for industry to nurture working relationships with the university to create more knowledge-intensive employment opportunities and pathways.
Millovate CEO Stuart Pickering said Millovate’s plan was to achieve a balanced approach to profitable divestment and the achievement of economic, social, and environmental goals at The Mill at Moreton Bay.
“Millovate is executing a place-based approach to optimise The Mill at Moreton Bay’s urban planning outcomes and future prosperity, while protecting and enhancing unique environmental attributes.
“Millovate is planning to support knowledge-intensive and export-oriented industries, providing the social infrastructure and services required to support the growing region.”
Millovate is establishing pathways to attract and secure a broad range of investors, industries, property developers and providers, including capitalising current and future market demand and exploring ways to commercialise catalytic social infrastructure projects to minimise reliance on government funding, Millovate CEO Stuart Pickering said.
“The Mill at Moreton Bay will bring together research, technology, education and training networks that will help advance local knowledge, processes and business models, and provide local businesses with a competitive edge over regional and national markets.
“The precinct is supporting innovation and fostering investment in forward-thinking projects and pioneering programs for current and future generations to thrive and enjoy.
“Retaining and integrating the heritage of the site, inspiring strong community pride and identity across the Moreton Bay region, activating the site for residents, locals and visitors from afar, and delivering significant region-building infrastructure and development opportunities, are integral to the delivery plan for The Mill at Moreton Bay.
“This encompasses delivering an inclusive community within a liveable inner-city setting, where employment and services are within a short-distance commute from home, creating leisure opportunities to relax amongst native forests and stunning lakes, complemented by an active lifestyle of lakeside festivals and markets, and laneways lined with amenities such as restaurants, cafes, shops and gyms.”
Millovate has invited advanced manufacturers nationally to consider if part of their entire operations could be accommodated at The Mill at Moreton Bay.
Closing on September 17 at 2pm, Expression of Interest (EOI) documentation is available here.
In future Millovate will offer opportunities to investors, businesses and entrepreneurs in health care, education, tourism, entertainment and sport, smart-city infrastructure, arts and culture, commerce, retail, and medium to high density accommodation, to deliver The Mill at Moreton Bay. To subscribe to news updates, go here.
The Urban Developer is proud to partner with Millovate to deliver this article to you. In doing so, we can continue to publish our daily news, information, insights and opinion to you, our valued readers.
