9 CENTRAL COAST COUNCIL Economic Development Committee Chair John McNamara says that the Central Coast faces a critical shortage of serviced industrial land, prompting urgent discussions on how to accelerate business investment and job creation in the region. At the Central Coast Council Economic Development Committee meeting on 1 April 2025, Councillors requested detailed information on the availability of zoned and serviced industrial land to ensure the region can meet its economic growth targets. With the Central Coast’s population forecast to reach 404,000 by 2041, the region must generate 72,000 new jobs over the next 16 years to support its growing workforce. A lack of serviced employment land is a major barrier to industry growth in our region, attracting business relocations to the Central Coast. Cr McNamara said unlocking industrial land for development is essential for the region’s future economic stability. “The Central Coast must position itself as a destination for business investment, and that means having the right land, in the right locations, with the right infrastructure,” Cr. McNamara said. “There is a clear shortage of serviced industrial land, and we cannot afford further delays. If we are serious about attracting new industries and creating jobs, we must fast-track the delivery of employment lands.” “We need a good supply of industrial land on the coast, so residents have improved access to local jobs. Without available industrial land locals will be forced to commute causing stress and undermining the quality of coastal life.” Cr Belinda Neal said. To address this challenge, the Committee has requested that senior Council staff provide a report on the current and planned availability of industrial land, as well as strategies to accelerate the delivery of employment lands in key precincts, including: · Warnervale Business Precinct · Warnervale Town Centre · Wyong Employment Zone, including BUSINESS NEWS Mountain Road, Halloran “Our region has enormous economic potential, but we need to act now,” Cr. McNamara said. “By unlocking serviced industrial land in key growth areas, we can provide businesses with the confidence to invest, expand, and create local jobs on the Central Coast.” The Economic Development Committee will continue working closely with senior Council staff key regional stakeholders, and relevant government agencies to ensure the Central Coast is ready to meet its job creation targets and secure long-term economic prosperity. Central Coast must fast-track industrial land development to meet future job demands Wyong Employment Zone CENTRAL COAST BUSINESS REVIEW MAY 2025
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