City of Stirling open for big business investments

CITY of Stirling Mayor Giovanni Italiano has encouraged business leaders to look to WA’s largest local government to invest.

Cr Italiano spoke at last Tuesday’s mayoral business breakfast, highlighting key geographical and economic factors contributing to Stirling’s predicted growth.

The city has received more than $2.4 billion worth of development applications in the past year, including deals with AMP and Westfield.

Cr Italiano announced the City of Stirling “open for business,” pointing to major development hubs including Innaloo, Scarborough and “sleeping giant” Mirrabooka.

“We’ve let people know that we’re open for business and that means talking to businesses who are interested.

“We started off with AMP and Westfield about 18 months ago, and just those two developments represent over $1 billion,” he said.

“Pending approval from a Joint Deve-|lopment Assessment Panel, AMP will be looking to spend over $500 million to improve Karrinyup, which is a great location, but has been looking tired.

“Westfield has already submitted stage one for review, but there is more to come.

“Stage two looks like it will be bigger and better than stage one, and this will help make Innaloo the next central business district in Perth.”

MacroPlan Dimasi executive chairman Brian Haratsis said Stirling was second only to Melbourne as the best area for business management in Australia.

Cr Italiano said hundreds of millions of dollars were being spent publicly and privately in the key business centres including Mirrabooka, Scarborough, Stirling city centre and Mount Lawley.

See opinion Page 8