The existing industrial buildings on the site have reached the end of their useable life, requiring significant building code and fire safety upgrades. This, in conjunction with the site’s strategic positioning in the South Granville Industrial Precinct, is a significant catalyst for the redevelopment.

The project however is more than just an industrial development – it is a strategic investment in the community’s future. By generating 448 full-time jobs during construction and 351 direct jobs on operation, the facility not only bolsters the local employment market but also supports the broader economic framework of Western Sydney. While site’s future tenants are unknown, Greystar is intending on seeking 3rd party logistic and distribution tenants such as DHL, Auspost and Toll.

Since 2020, multi-level warehousing has been of significant interest to industrial landlords. Their rise in popularity can be attributed to a coalition of factors comprising of high land values, low industrial vacancy rates, as well as minimal increase in industrial land supply. Multi-level offers a range of benefits, principally in the form of increased gross floor area for tenants, as well as positioning a larger range of services in close proximity to consumers.