The proposed building in the science park, to be known as the Baiada Lab Building, will become the primary headquarters and first project in the 37-hectare “First Community Precinct”, the initial such area within the 287-hectare science facility.
Potential users are expected to include start-ups, educational establishments, leading International R&D firms, world class laboratories and multinational corporations.
In addition, the 10,200 square metres of space would include associated office and social spaces, an integrated café and a meeting and presentation facility for use as a show suite for the broader park master plan.
The overall aim of the science park is to become the international epicentre for scientific research and development in the fields of food, energy and health.
The science park is being developed by Celestino, the development arm of privately-owned Australian company, the Baidia Group, based in Pendle Hill, which provides poultry products.
“[The science park and the airport], the potential for more jobs, future commercial and retail growth and residential development, gives us the prerogative to demand better infrastructure,” said Penrith’s mayor, John Thain regarding council’s push for a north-south rail connection between Campbelltown and Marsden Park.
NSW Valuer-General reports show residential land values in the outer-western suburbs of Sydney have close to doubled over the past five years.
The $5B science park and the $5B plus for the nearby Badgerys Creek Airport are regarded as the major catalysts for the long-awaited and long-term prosperity of Western Sydney.