On 16 June, construction began on the Avalon Airport industrial precinct, which will create 750 new jobs, and house a purpose-built state-of-the-art distribution centre for the Cotton On Group.
The industrial precinct has been designed to help Avalon diversify its operations and cement its future as a major freight and logistics hub capable of servicing a variety of industry sectors.
The Andrews Labor Government is backing the project with a $1.5 million investment from the Regional Jobs and Infrastructure Fund to help create jobs and boost the local economy.
The investment from the Labor Government 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.
The Cotton On Group is the first major tenant for the industrial precinct, and its new 35,000m² facility will enable the retailer to service its 747 Australian stores and e-commerce platform with faster replenishment and delivery times for local customers.
“Today’s commencement of building works at Avalon’s new Industrial Precinct strengthens the Airport’s future as a key Victorian freight and logistics hub,” said David Fox, Executive Chairman, Avalon Airport.
Michael Hardwick, Chief Financial Officer, Cotton On Group, added, “As a born-and-bred Geelong retailer, we are continually looking for ways to drive economic development in the community, and we’re proud to be the first major tenant at Avalon Airport’s new industrial precinct.
“Today marks an exciting milestone for the Cotton On Group as we break ground on our new distribution centre and we look forward to providing our team with a leading experience and world-class working environment.”