Industrial land supply report released – Adequate supply?
Mackay Regional Council has finalised and published an Industrial Land Supply Report for the Mackay region measuring the current supply for industrial land and forecasting demand.
The report details the characteristics of the region’s economy, the opportunities and constraints, main exports, the current lay of industrial land, and the final conclusions and recommendations.
Main points taken from the summary of the report are:
Low Impact Industrial Land:
- Under Low Growth and Steady State demand scenarios, there is sufficient low impact demand, however, may not be conveniently located (in context of Paget) to meet the local population catchment
- Under a High Growth demand scenario Low impact land in Paget would be exhausted by 2032, and a further 16ha would be required by 2040. In these high growth circumstances, council would need to utilise other identified low impactindustrial areas in the Mackay region on or before 2025.
High Impact Industrial Land:
- Under the Low Growth scenario, Paget would have sufficient capacity to meet this demand without utilising identified industry investigation zoned land.
- Under the Steady State demand scenario, Paget would be exhausted by 2033. Boundary Road East would have sufficient land for the next two years, after which Paget South would need to be brought onstream. Land in Rosella would be needed by 2040. Council would be required to enable development of Boundary Road East around 2027 and Paget South by 2029, and rezone and enable development of Rosella in the early 2030’s
- Under the High Growth scenario, Paget would be exhausted by 2028, Boundary Road East exhausted by 2029, Paget South exhausted by 2032, with Rosella to come onstream in 2033. Council would be required to enable development of Boundary Road East and Paget South in the early 2020s, and rezone and enable development of Rosella around 2027.
We recommend members to take the chance to review the report and the findings made from the material. The full report is available here.
If you have any comments you wish to provide to the committee or the Policy Team, please reach out via email or call (07) 3229 1589.