Home » ‘The Zones’ attracts commercial interest

‘The Zones’ attracts commercial interest

Daniel Bouwmeester    April 4, 2023    2 min read   


Artist’s conception. Images: Springfield City Group.

The increasing demand for commercial property in Greater Springfield has sparked The Zones – a new development already proving popular for small and medium businesses.

Springfield City Group has started earthworks on The Zones – a project in excess of $7 million that will offer 22 strata-titled units for mixed use including retail, office, warehouses, a café and a gym. The concept includes hybrid units with office and warehouse space.

The Zones complements two neighbouring strata projects by Springfield City Group that fully sold a combined 25 units.

Springfield City Group’s Sean Ranchigoda said The Zones was created for the growing interest among small and medium businesses.

“We have eight of the 22 units under contract already and that’s due to this increasing demand for units that can be purchased by small and medium businesses who understand the benefits of Greater Springfield,” Mr Ranchigoda said.

“We developed Hub 23 in the same precinct with 10 units that were quickly snapped up. That was a warehouse-based complex whereas The Zones provides a mix of options now being demanded by the market.”

Springfield City Group Deputy Chairman Bob Sharpless, Charis Mullen MP, and Gene Stewart, Managing Director, ICM Construction.

Prices for The Zones vary from $4600 per sqm for warehouses to $5700 per sqm for showroom tenancies and $6500 per sqm for ground-floor office space. Units range between 55sqm and 296sqm in size.

“These projects are being developed every few years in this area to meet the demand,” Mr Ranchigoda said. “And the demand is mostly coming from local buyers who understand the benefits in purchasing units compared with leasing.”

The Zones is bounded by Technology Drive, Gateway Drive and Success Circuit, offering three-street frontage.

ICM Construction has begun work on The Zones with a completion date of November 2023. The development is being marketed by Springfield City Group and Raine & Horne Commercial.

Greater Springfield is a master planned community in its 31st year, built around the pillars of health, education, and IT.

The growing community is home to more than 50,000 residents including 15 schools and 25 kindergartens which are closely connected through a Learning Coalition. Health City features the Nightingale Precinct and Mater private hospital. The University of Southern Queensland has a campus.

The master-planned community is also developing BioPark Australia, an IT epicentre which is designed for companies focussed on therapeutics, vaccines, MedTech, diagnostics and wellbeing.

Daniel Bouwmeester

Daniel was born in a mining town in New South Wales to Dutch and Welsh immigrants, before relocating to Logan City, where he attended Canterbury College for twelve years. He pursued his passion for music by completing a first-class honours degree at the University of Queensland (UQ), and later signed with a local record label. He has travelled the world from a young age, including a student exchange in rural France, a job working the ski lifts in Colorado, and visits to the islands of the South Pacific. After a six-year career in market research, Daniel returned to UQ to complete a Bachelor of Journalism and Arts dual degree, majoring in political science. His varied experiences at home and abroad have contributed to a passion for spreading good news while defending the truth buried inside complex societal paradigms.