The Shire of Northam Council has agreed to terms for the sale of Lot 881 Yilgarn Avenue to Procon Developments for the development of a regional freight and logistics hub.
The decision by Council comes after months of negotiations and assessments as to the feasibility of the proposal which confirms that the proposed logistics hub site is ideally located.
Procon Developments director Leon Key said the development was a significant opportunity and one which his company was excited about.
“Our feasibility assessment indicates that the Avon logistics hub has significant potential,” Mr Key said.
“It highlights that due to its location, an opportunity will be presented for freight companies to not only significantly reduce their final mile transport costs, but also increase their speed to market by between 24-48 hours.
“Having now agreed to terms with the Shire of Northam, we will be submitting our development application and finalising tenancy within the hub. We are hoping to have the development operational within the next 12-24 months”
Procon have established a website with further information at www.avonlogisticshub.com.au.
In addition to the proposed logistics hub, Procon have commenced the adjacent construction of a significant truck stop and road house, which will provide fuel, food and accommodation.
The Avon Logistics Hub could represent the latest in a number of significant developments which have occurred in the Shire of Northam over the past twelve months.
Shire of Northam chief executive officer Jason Whiteaker said the proposed hub and truck stop were great opportunities for Northam and the region.
“The Shire of Northam is a vibrant community with significant development and opportunities being presented,” he said.
“The proposed Avon logistics hub not only adds to this list, it importantly brings a potential opportunity for significant employment generation.
“Employment is a critical element for the region, which can leverage recent federal, state and local government investments in education, health and amenity, into significant population growth, which is what we are aiming for.”