Older improvements have been demolished at 38 – 56 Peterkin Street to allow for the development of Stage 2, delivering approximately 15,000m2 of GFA. The industrial warehouse is located within the western corridor suburb Acacia Ridge, 15 kilometres from the Brisbane CBD. The property is situated on the boundary to the Acacia Ridge intermodal facility, and may benefit from the inland rail development which is due for completion 2024/25. Development approval was granted in April 2022.
The development is seeking 5 Star Green Star Certification in accordance with the Green Star Buildings Tool. Sustainability Benefits include less energy use, less potable water use, lower operating costs and fewer greenhouse gas emissions.
Acacia Ridge is an established inner southern industrial suburb approximately 16 kilometres by road from the Brisbane CBD. The two remaining transport orientated warehouses provide 34,270m² of developable land bordering the Pacific National Rail Intermodal facility.