Costco Warehouse is looking to call Oakdale Industrial Estate home with the news that it has received planning permission from the NSW Government to develop its new depot.
The NSW Premier Gladys Berejiklian; The Hon Anthony Roberts, Minister for Planning; and The Hon Tanya Davies, Member for Mulgoa; along with senior representatives from Costco, Goodman and Brickworks, were on site at Oakdale South this morning to make the announcement.
Costco has purchased over 14 hectares of land in Oakdale South to develop its National Distribution Centre. The facility will be developed over two stages and once complete, will be Costco’s largest facility in Australia and serve as the base for its expansion nationally.
Oakdale Industrial Estate is a joint venture between Goodman and Brickworks, strategically located close to key motorways, the employment lands of Western Sydney and near the site of the future Western Sydney Airport. Including Oakdale Central, South and West, the site covers over 300 hectares of prime industrial land.
Commenting on the development, Patrick Noone, Chief Executive Officer of Costco Wholesale Australia said, “As we expand our business, we require a larger facility to serve the needs of our members here in Australia. This location is ideal for housing our depot.”
Jason Little, General Manager Goodman Australia said, “Goodman has a productive relationship with Costco both here in Australia with its Moorabbin Airport warehouse in Victoria and in the US, with its Goodman development in Eastvale, California, and we welcome Costco to Oakdale here in NSW.
By basing its major NSW depot here at Oakdale South, Costco is leveraging the estate’s strategic location in terms of easy access to consumers and the employment pool here in Western Sydney.”
Since 2005, Oakdale has seen more than $800 million of employment generating development. When it’s completed, the estate will have a total end value of over $2 billion dollars and generate over 5,000 jobs.
Other customers and commitments at the estate include DHL, Toyota, Briggs & Stratton, Greencross and Sigma Pharmaceuticals. Development opportunities are still available.
Photographs available on request.
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Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.
Goodman’s global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long-term returns for investors.