Port of Brisbane Pty Ltd (PBPL) and Bridgestone Australia Ltd have agreed terms for a 15-year lease on a 5.16ha site in Stage 2 of the Port West Industrial Estate in Lytton as the future site for the market leading tyre brand's Queensland distribution centre.
Bridgestone's next-generation Queensland distribution centre will support future growth and streamline operations in supplying its network of retail and wholesale customers throughout the state and northern NSW.
Principal Contractor, McNab, will deliver the purpose-built facility comprising a 23,340sqm warehouse, 350sqm dock office and approximately 20,340 sqm of concrete hardstand and 3,786 sqm carparking areas.
The new site at the Port of Brisbane sees Bridgestone nearly double the footprint of its current Queensland warehouse, increasing capacity and operational efficiencies through the introduction of automated guided vehicles.
PBPL CEO, Neil Stephens, said the new distribution centre will support Bridgestone Australia's relocation from its existing premises, delivering a 5-star equivalent-rated facility, in line with PBPL's sustainability commitments.
"Bridgestone Australia was seeking a turnkey solution that would support its current operations and future growth.
"Not only does Port West fit the brief and provide strong transport connectivity and strategic benefits, but our efficient development assessment processes is enabling our Principal Contractor to mobilise to site quickly.
"We are delighted to be welcoming Bridgestone to Stage 2 of our Port West Industrial Estate as the home of its Queensland distribution centre."
Bridgestone is Australia's most trusted brand, offering a full range of passenger, SUV & 4x4, light commercial, truck and bus tyres, as well as sustainable Bandag retread solutions.
The Queensland distribution centre plays a key role in Bridgestone's ability to supply the market with safe, reliable and quality tyres to the network of Bridgestone Select Tyre & Auto stores, Bridgestone Service Centre locations, and reputable tyre retailers.
According to Head of Supply Chain at Bridgestone Australia & New Zealand, Andrew Romano, the move to the Port of Brisbane is a strategic fit in Bridgestone's journey towards a sustainable solutions company.
"The Port of Brisbane provided Bridgestone with a compelling site for our Queensland distribution needs, streamlining our wharf-to-warehouse logistics and benefitting from being within a major logistics hub," Mr Romano said.
"As we continue to enhance our business and streamline our processes, we are confident the new Queensland distribution centre will allow us to serve the needs of our customers more efficiently and streamline our distribution in the sunshine state and northern NSW."
The lease was negotiated by Chris Davis from JLL with construction anticipated to commence in July 2024, and a targeted completion date in mid-2025.
Bridgestone joins Electrolux as the second tenant in Stage 2 of PBPL's Port West Industrial Estate, with Stage 1 of the estate now fully developed.
Port West Stage 2 comprises approximately 26.8ha hectares of developable land, which is being brought online progressively to meet demand.
Port West is located approximately 6km from the Port of Brisbane's terminals and wharves with large and configurable greenfield sites available.