Wednesday 18 June 2008

'Buy Penrith Valley' campaign launched

Residents shopping out of Penrith Valley did not benefit the city, Mayor Greg Davies, said at the launch of the “Buy Penrith Valley” campaign, at the Penrith Valley Visitor Information Centre. “It is of no value whatsoever to have somebody from the Hawkesbury or Bathurst spend $500 in Penrith, if someone from Penrith goes to Parramatta and spends $500 in Parramatta. It doesn’t achieve anything,” he told some 40 business people. Cr Davies said Penrith Valley had the potential, as a regional city, to attract people from a large catchment area to generate wealth and economic development, but it was important that local people supported such development to boost local employment opportunities

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Council applications

An application by the T.N.T Issa Investment Group Pty Limited is on public exhibition at Parramatta City Council, until July 9, for alterations and additions to the Part Bar Restaurant, at the Charles Street RiverCat wharf, including excavation below the terrace, construction and operation of a relocated brewery. Elsewhere, council has approved at fitout, estimated at $100,000 for the basement level of the Sebel Parramatta for office use. The applicant was Mirvac Funds Limited.

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Investa proposes a new facility

Investa Commercial Developments Pty Ltd proposes to establish a soft drink and fruit juice manufacturing, warehouse and distribution facility and associated infrastructure for P&N Beverages within the Ironbark Industrial Estate, Bluett Drive, Smeaton Grange.

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Neighbourhood shopping centre for sale

The 6878-square-metre GLA Thornleigh Marketplace is for sale. The centre, on a 8642-square-metre site, includes a Woolworths Supermarket & Dan Murphy’s Liquor, committed to a 20-year lease, Woolworths regional office on a 10-year lease, and 15 speciality tenancies. Parking is for 334 vehicles. Fully leased net income is $2.2 million. The main trade area is estimated at 95,890 persons.

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