Money New hopes after developer buys closed Holden factory site

02:07  16 december  2017
02:07  16 december  2017 Source:   MSN

Holden plant site to become business park after handover to new owner Pelligra Group

  Holden plant site to become business park after handover to new owner Pelligra Group Melbourne-based developer Pelligra Group has been revealed as the buyer of the Holden plant in Adelaide's north.Holden would not reveal the sale price but said the Elizabeth site would be renamed the Lionsgate Business Park in a nod to the carmaker's emblematic red lion.

New hopes after developer buys closed Holden factory site . New jobs are on the horizon after a Melbourne developer revealed it had purchased Holden ’s decommissioned Adelaide factory site .

Site Navigation. Holden hopes to turn its fortunes around with the new Commodore range going on sale this Friday - with price cuts of up to ,000 - ahead of a showroom debut in June. "We haven't closed the voluntary redundancy process yet," said Holden director of government and corporate

New jobs are on the horizon after a Melbourne developer revealed it had purchased Holden’s decommissioned Adelaide factory site.

Melbourne-based Pelligra has announced it has purchased the Elizabeth site, which it expects to spend $250 million redeveloping.

The more-than-100 hectare property will be converted into a new business park.

An estimated 400 jobs will be created during construction, with ongoing positions to follow once businesses move in.

Chinese developer snares Brighton International for $20m

  Chinese developer snares Brighton International for $20m Apartments are expected to fill the block at 81-89 Bay Street which for years has been occupied by The International reception centre. The site was offered with vacant possession in a campaign targeting builders as well as owner-occupiers.It is speculated an exclusive private school in the suburb, which missed the opportunity to buy the Marine Hotel site in June (that 4567 square metre plot sold for $15.8 million, also to a Chinese buyer), was in the mix of prospective suitors for The International property, but this could not be confirmed.Savills marketed the “once in a generation” ex-reception centre hall.

- After a sluggish financial performance due to business changes, Rune Factory developer Nev I start enjoying a series and now its developer closes its doors. I need to stop liking new games. I hope all their developers get new jobs at good companies and prosper.

Holden factory tour feature: Inside the Elizabeth plant's last days. Opinion: Could the Australian car industry have been saved? There are a dozen reasons why Holden closed , some of them valid - others imaginary. Would I buy a new Holden tomorrow if they were still in business ? probably not but

Jobs will range from food and beverage to defence, advanced manufacturing and logistics.

The first new tenants to move into the Holden site are expected to be made public in coming months.

While locals will have to wait 20 years before the redevelopment is completed, they’re hopeful it will be worth wait.

The news comes nearly two months after Holden closed its doors, leaving 950 employees in the lurch.

For now Holden will continue assessing the site for contamination, after paint solvents were found to have seeped into its soil.

The car manufacturer will also be using part of the site to store spare plants.

Apple now lets you preorder apps in the App Store .
Apple has launched a simple but useful new feature for the App Store: the ability to preorderapps and have them automatically download upon their release. A developer will now be able to put their app in the App Store up to 90 days in advance of its release, rather than only being able to publish their app when it’s ready to launch. Once it’s up, customers will be able to choose to preorder it and have the app delivered when it’s ready. The feature is available on all iterations of the App Store, so iOS, macOS, and even tvOS apps can all be offered for preorder.

Source: http://au.pressfrom.com/news/money/-49603-new-hopes-after-developer-buys-closed-holden-factory-site/

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