Goodman starts work on Rosebery Engine Yards project

Industrial property powerhouse Goodman and development group Taylor are set to launch construction of the large-scale Rosebery Engine Yards in Sydney’s south with an estimated value of around $185 million.

The 11,650 square metre site is a large-scale, single storey floor plate, and sits on 1.9 hectares stretching an entire block in Rosebery. It is considered one of the largest heritage brownfield developments in the area.

Rosebery Engine Yards will be a modern, sustainable workspace with high ceilings, retained timber framework and exposed bricks. Transforming unused industrial space, the property is close to consumers, and supports the environment by reducing, recycling and reusing existing resources.

Goodman Australia chief executive Jason Little said the new development is an example of regenerating an existing site, “reusing finite materials and reducing waste, and construction emissions”.

The property is located in Rosebery which is fast becoming one of Sydney’s edgiest lifestyle destinations

Goodman Australia chief executive Jason Little

“The property is located in Rosebery which is fast becoming one of Sydney’s edgiest lifestyle destinations. It’s home to vibrant food and drink precincts, eclectic cafes and boutique providore,” Little said.

The ASX-listed Goodman has a market value of $34.16 billion and is one of the world’s largest builder owner and manager of industrial properties.

It has focused heavily on environmental social governance practices and aims to achieve a 5 Star Green Star Design and As Built rating, and 5 star NABERS, with this development.

Goodman chief executive Greg Goodman has said sustainability features across the portfolio include rooftop solar, electric vehicle charging, green power, recycled materials, energy and water monitoring systems, rainwater retention for landscape irrigation, daylight harvesting, LED lighting.