PROPERTY DEVELOPMENT, PATRICK LAU, FRI 25 NOV 22

 

Bio Med Company to Build 352m Facility in Qld Precinct

 

Greater Springfield’s BioPark Australia precinct has announced its first new resident, with plasma therapeutics company Aegros planning to establish a $352-million manufacturing facility.

The advanced facility will produce therapeutic blood products derived from plasma, and will help anchor the region’s pivot to attracting biomedical and other science and engineering companies.

“This new facility will be the first project delivered as part of the new BioPark Australia precinct,” Springfield City Group chairman Maha Sinnathamby said.

“Dedicated to attracting industries across commercial, education, health, innovation technology and lifestyle sectors, we envision that other biomedical and innovative companies will soon join Aegros here in Greater Springfield.”

Queensland Treasurer Cameron Dick said the move would “bring more good, highly skilled jobs for Queenslanders,” including during the construction phase.

“Once Aegros has secured all necessary approvals and finance, the two-year construction will support an estimated 230 jobs,” Dick, who is also Trade and investment minister, said.

Currently based in Sydney’s Macquarie Park, Aegros executive chair Professor Hari Nair said the company was wooed to move by support from the state and local governments.

“The current plan is to have a fully operational facility [in Springfield] by 2025. We are working together at the moment with the Springfield Group. They are our development partner.”

 

Bio Med Company to Build 352m Facility in Qld Precinct 2

Greater Springfield planning strategy targets scientists

Biomanufacturing company Cytiva received $12.5 million in support in the October Federal Budget to expand nearby facilities in the Springfield BioPark.

A $15-billion Knowledge Precinct will cover 120ha, approved for more than 1.2 million square metres of commercial space and more than 5000 apartments.

The area has been identified as a growth corridor, with the state government planning nine new rail stations on a line to Ipswich.

 

 

 

 

 

 

https://www.theurbandeveloper.com/articles/bio-medical-queensland-springfield-aegros-manufacturing-deal?utm_source=TUD+-+Daily+Briefing&utm_campaign=742008baf9-EMAIL_CAMPAIGN_2021_08_11_01_49_COPY_01&utm_medium=email&utm_term=0_982c36d415-742008baf9-195738894