Work has started on Avalon Airport’s new Industrial Precinct, which will be home to 750 new jobs, and the Cotton On Group’s purpose built distribution centre.
The Industrial Precinct will help Avalon diversify its operations, and cement its future as a major freight and logistics hub capable of servicing a variety of industry sectors, as well as providing a new base for the Cotton On Group’s distribution network in Australia.
Avalon Airport Executive Chairman, David Fox, said, “The commencement of building works at Avalon’s new Industrial Precinct strengthens the airport’s future as a key Victorian freight and logistics hub.”
The Victorian Government is backing the project with a $1.5 million investment from the Regional Jobs and Infrastructure Fund to help create much needed jobs and boost the local economy.
The investment will assist with the development of an initial 40 hectare site on the vacant north-west corner of the 340 hectare Industrial Precinct.
The funds will make the precinct ready for tenants, including the site fit-out of voltage electricity, gas, water, fibre optics and communications infrastructure.
It is estimated by 2026, the Industrial Precinct will create 750 direct jobs and up to 1100 indirect jobs.