The private equity investor bought 260ha of rezoned land in September, 2012, to develop the Northern Gateway Industrial Park.
The land is located north of Stock Road along Great Northern Highway, 2km south of Bullsbrook town site.
Managing director Matthew McNeilly said a structure plan was lodged with the City of Swan in August of this year and, once approved, industrial lots would start to be released.
‘The structure plan covers 60ha between Stock Road and Warren Road with a frontage to highway,’ he said.
‘The plan essentially is guidance to the council about how we will develop the land, what it will be used for and how road networks will work as well, to ensure the outcome is good from the City’s perspective.’
Mr McNeilly said the project would be developed over the next 15-20 years and provide significant employment opportunities for residents of Ellenbrook and the wider Bullsbrook area.
‘This project will attract industry to the site; sheds and warehouses will be built and people will work from them, so it should be a strong and important driver economically,’ he said.
City of Swan CEO Mike Foley said after the local government elections this weekend, councillors would consider advertising the structure plan proposal.
‘The submitted plan (prepared by CLE Town Planning) is undergoing assessment and it is likely to be different to the one that will be advertised in the future,’ he said.
Mr McNeilly said he believed the future Perth-Darwin National Highway would be a great boost for the estate.
‘It is a real positive for us because it will help provide access to the western portion of our land.
‘The highway is a great opportunity to open a whole new corridor for Perth metropolitan area for a wide range of uses.’