THE former Midland Saleyards site at the corner of Lloyd and Clayton streets is set to be redeveloped into a light industrial retail area that will create about 500 jobs.
Planning Minister John Day said WA-based Aigle Royal Property was the preferred proponent to develop the 14ha site.
It has been five years since the saleyards ground to a halt after 100 years and moved to the new livestock facility in Muchea.
Since then, Curtin University has announced plans for a Midland medical school and the new public hospital has been built.
Mr Day said the saleyard redevelopment was another significant milestone in Midland’s growth and a major step in the area’s renewal.
“The site is expected to be a future workplace for about 500 people and is one of several underutilised areas which are being transformed to create more opportunities for employment, housing, commercial and community development,” he said.
“Together with a new medical and education precinct… Midland’s exciting future is rapidly taking shape.”
Investment in Midland followed the release of the Midland Master Plan and builds on the strong momentum generated by land sales in the workshops precinct.
Metropolitan Redevelopment Authority alone secured private investment resulting in more than $30 million of development applications approved in the past financial year.
City of Swan is also making its mark with its cornerstone Midland Oval redevelopment plan announced earlier this year.
For some years, the City and Main Roads WA have been making plans for Lloyd Street’s upgrade to a dual carriageway extending south to Great Eastern Highway Bypass and Abernethy Road.
This makes the saleyards redevelopment site at the intersection of Lloyd and Clayton streets the future southern gateway to Midland.
“These new developments are breathing new life into Midland, celebrating the area’s history and continuing its transformation into a thriving metropolitan centre,” Mr Day said.