University and innovation joint venture planned for Norwest
Mon, August 19, 2019
Mulpha is planning to establish a university and innovation joint venture in Norwest as part of its vision to position Norwest as Australia’s premier smart city business and innovation hub.
With Norwest Business Park now connected into Sydney’s Global Economic Corridor by the Northwest Metro, Mulpha is offering an education provider a prime site in the Norwest City centre to establish a university campus to cater for the tertiary education and the vocational learning needs of the Norwest community and the broader North West Sector. The site is physically connected to the new Norwest Metro Station and is in the centre of a 10-minute walk of the entire Norwest workforce.
Mulpha will partner with the successful provider to deliver a purpose-built state-of-the-art University building to be known as the Librarium. The Librarium will be the centre of knowledge, education and innovation excellence at Norwest. It is proposed to contain a re-imagined traditional district library, an innovation incubation hub, a University campus and a roof top area for social interaction of the community at large.
In a call for expressions of interest (EOI), Mulpha has outlined its vision and offered infrastructure, building and rent concessions in the heart of the rapidly developing Norwest, being Australia’s premier master-planned mixed-use business park with 6,000 residents and 800 businesses currently employing over 30,000 people.
Mulpha Executive General Manager Mr Tim Spencer said:
“This is a unique opportunity for an education provider to create the future of workplace and community education in a master-planned, mixed-use precinct that has extraordinary growth potential,” said Mr Spencer.
“We expect the successful provider to work closely with our community to help them manage and thrive in the digital age. We see this as a natural extension to our already established Mentoring and Monthly Lecture Series programme and an imperative piece of social infrastructure to drive technological change, continually upskill the Norwest workforce, provide professional placements, mentoring and research and development opportunities.”
“There is immediate demand within Norwest and its surrounds for vocational training to provide the critical knowledge and skills that are required in the new-age world that is fast embracing us.”
“Mulpha’s drive for a piece of infrastructure that delivers life-long education is anchored in our identification of the core skills we believe are required for the future: Self-leadership, flexibility and adaptability, mental resilience, collaboration and mental legibility skills,” said Mr Spencer.
“These skills reach beyond technical expertise and it is hoped will deliver to people a personal tool-kit that will enable them to successfully navigate their fully integrated lives of the future. As a result, we believe the demand for the infrastructure we are looking to deliver will have relevance to a much greater catchment in the broader community.”
Mulpha expects the successful bidder to start satisfying the immediate demand for vocational education within the next two years, with the development application targeted for lodgement with Hills Shire Council in 2021, and the university campus ready to go for the 2025 academic year.
Mulpha has plans to double the precinct’s business and residential capacity over the next ten plus years via a diverse mix of quality multi-purpose, multi-generational housing and business opportunities.
By 2031, Norwest will require approximately 375,000 square metres of commercial floor space to meet the future employment demands of the Region and will become the largest employment centre in Sydney’s North West Sector, providing employment opportunities for the projected 650,000 residents who are forecast to live in the north west sector by 2036*.
Mulpha Norwest Executive General Manager Mr Tim Spencer said:
“Öur goal is to develop in Norwest the infrastructure and culture that will foster the business collaboration, innovation and the entrepreneurial spirit required in today’s global digital economy,” said Mr Spencer.
“Most business leaders today understand that we are all in the business of digital technology and harnessing it to create jobs and growth. This requires a different way of thinking, working and doing business – one that has lifelong learning and innovation at its core.
“This is a key part of our broader Norwest vision to become a lifestyle and business destination of choice for people to live, work and play.
“This Norwest community already has the key attributes for an innovative workplace culture as we have a high proportion of university educated people and small-to-medium business start-ups in the Hills district.”
*North West Rail Link Corridor Strategy 2013
For further information and/or to speak to Tim Spencer, contact Sarah Peattie on 0412 239 633.
Mulpha Norwest is a wholly owned subsidiary of Mulpha Australia Pty Limited, which acquires, develops and manages a range of property and lifestyle investments. These include Hayman Island, Intercontinental Hotel Sydney, Sanctuary Cove Resort and Bimbadgen winery. As well as developing the masterplanned communities of Bella Vista in the Hills District and Mulgoa Rise in Western Sydney, Mulpha Australia is transforming the 377-hectare Norwest Business Park into a world-leading innovation, lifestyle and economic hub, with all the features of a ‘Smart City’.
Mulpha Norwest Pty Ltd ACN 000 004 633, Norwest City Pty Ltd ACN 603 333 615 (in its personal capacity and as trustee of the Norwest City Trust ABN 26 695 958 023), Norwest Real Estate Pty Ltd ACN 000 692 213, Norwest Flexi Pty Ltd ACN 607 435 165 (in its personal capacity and as trustee of Flexi Trust ABN 49 958 864 033) and Circa 1 Pty Ltd (“Norwest”) is committed to providing you with exceptional service, and this includes protecting your privacy and being open and transparent about what we do with your personal information. In abiding with the Australian Privacy Principles and the Privacy Act 1988, we take all possible steps to ensure information about you, is not disclosed to or accessed by unauthorised persons.
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