Aerotropolis investment hitting new heights

COMMERCIAL business tenancy opportunities are at an all-time high around Western Sydney’s new Aerotroplis.

The NSW Government has reported private investment in the Western Sydney Aerotropolis is soaring, tripling over the last 18 months to reach $34.6 billion and surpassing the $29 billion government investment in public infrastructure.  

It comes as Western Sydney International Airport is operating freight flights and preparing to welcome passenger services this month.  

The opportunity exists for businesses to be based in Bradfield City’s Second Building, which is under construction and scheduled to open in 2028.

Expressions of interest opened on Thursday targeting strategic anchor tenants, start-ups and scale-ups operating in priority scientific, innovative or complex technology sectors.

“This is a great opportunity in one of Australia’s most significant emerging industry hubs for businesses that need a clear pathway from research and development through to advanced manufacturing and commercialisation,” the government said.

Businesses may apply for one or all three opportunities in the second building, meaning they can establish manufacturing, research and development and commercial operations within a single building.

Businesses which ultimately set up in Bradfield will join the ranks with major companies including Amazon and Aldi who have already chosen to establish operations within the broader Aerotropolis.  

“For too long, Western Sydney residents have had to travel long distances to access jobs and employment opportunities,” deputy premier Prue Car said.

“Western Sydney residents deserve to see the benefits of this growth in their own backyard through more well-paid jobs, stronger industries and greater economic opportunity for generations to come.”

Paul Scully, the minister for planning, said: “The Aerotropolis is attracting tens of billions of dollars in investment, as major businesses choose Western Sydney as their next home base and creating thousands of jobs.

“Bradfield is developing into a new global hub for innovative industries and advanced manufacturing.”  

Courtney Houssos, minister for finance, said Australia’s economic future depends on the ability to develop, make and commercialise more products in the country.

“The nationally significant semiconductor and advanced manufacturing capability being delivered in Bradfield City will help strengthen domestic manufacturing, support sovereign capability and position NSW at the forefront of emerging industries,” Houssos said.