Charter Hall Group has formed a 50-50 joint venture with Western Sydney International Airport to construct the first stage of a business precinct at the new airport, due to be completed in 2026.

The precinct will initially serve thousands of workers that are building the airport and its extensive connecting infrastructure. It will later adapt to meet the evolving needs of airport customers and the local community. 

Upon completion, the 20-hectare mixed-use development will include up to 40,000sqm of warehouse space, ancillary offices, a 150-room hotel to service flight crews, a service station and convenience retail, including food and beverage outlets, as well as gym and conference facilities.

Construction of the first stage of the business precinct also includes internal and external roads, connections to arterial roads and landscaping.

Industrial and logistics CEO Richard Stacker said Charter Hall had been working in close partnership with the airport and understood its importance to Western Sydney, New South Wales and Australia more broadly.

“To achieve success in a project of this scale, a true partnership is crucial,” he said. “We have a track record of aligning with our joint venture partners’ ambitions, and bring expertise in developing, owning and managing high quality facilities that attract high quality tenant customers, for the long-term.”

Simon Hickey, CEO of the airport, said stage one of the precinct’s development was expected to generate 400 jobs during construction, with another 2,000 permanent jobs anticipated once fully occupied and operational.

“Western Sydney International Airport is the engine room for growth and development across the region that’s attracting billions of dollars of investment and generating thousands of training and job opportunities,” Hickey said.

“We’ll be getting on with the job of building the precinct over the coming months, with the first phase of works due for completion by the end of next year – at which point extensive testing of the airport will be underway as we prepare to welcome passengers and airlines in late 2026.”