As reportedÂ by AdelaideNow the City of Salisbury is well placed to cope with the closure of Holden thanks in part to more than $130 million in planned developments.
With development applications totalling nearly $138 million received in the past six months. Plus a $147 million worth of applications were approved in 2012/13 financial year.
Due to be completed this year include $20 million worth of apartment buildings in Mawson Lakes and a $6.9 million expansion of Coca-Cola’s distribution centre on Cross Keys Rd.
Other strengths in the City include:
- a 50 per cent jobs increase in the food and beverage industry over the past seven years and further spending forecast in defence, retail and real estate were good signs for the district.
- the defence sector has the capability to undertake future projects – such as building Air Warfare Destroyers – if project funding from the Federal Government is forthcoming.
- The Healthcare and social services are also showing grow on the back of the district’s ageing population, he said.
According to the City of Salisbury spokespersonÂ “there is strong interest in retail investment with an integrated lifestyle, retail and leisure centre on Kings Road (opposite Parafield Airport) potentially generating 1550 jobs upon completion, with more than 400 short-term jobs created during construction,” the spokesman said.
“There is also a proposal for a $20 million retail precinct on Saints Road, and Aldi is likely to locate retail outlets in northern Adelaide as part of its expansion into South Australia.
“Transport, logistics and warehousing saw some significant completions and approvals in 2013, while mining services firms are expected to continue growing, despite capital investment in Australian mining projects declining.”
About 2280 development applications were lodged with the council in 2013, up on the 2134 lodged the year before.
City of Salisbury said some of the economic highlights in 2013 included:
- Global luxury goods brand Louis Vuitton buying a 49 per cent stake in RM Williams, which has a factory outlet in Salisbury;
- The Cooperative Research Centre for Cell Manufacturing spending $59 million on laboratories at Uni SA’s Mawson Lakes campus;
- Mining firm Liebherr-Australia spending $65 million on an expansion of its Para Hills West operation, which is expected to be completed in mid-2014 and create more than 100 jobs, and;
- BAE Systems building a $20 million titanium manufacturing facility to make Joint Strike Fighter tail parts.
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