The official groundbreaking ceremony took place this week for the new $139 million Crosspoint estate on Elizabeth Drive, a major industrial development in the heart of the Aerotropolis.
Crosspoint was the first major State Significant Development industrial community approved in the Aerotropolis and the commencement is a catalyst for the broader $26 billion in development planned for the precinct.
The development will deliver 70,000 square metres of industrial and logistics space across seven buildings on the corner of Elizabeth Drive and The Northern Road.
Crosspoint is owned by Aware Real Estate, developed in partnership with Barings and backed by Aware Super.
“Crosspoint represents the type of high-quality, long-term investment we seek on behalf of Aware Super members,” CEO of Aware Real Estate Tracey Whitby said.
“Located alongside one of Australia’s most significant infrastructure projects, the estate is well positioned to benefit from the long-term growth of western Sydney and the increasing demand for modern industrial and logistics assets.”
Aware Super Head of Property Alek Misev said the estate will contribute to the economy for decades to come.
“With western Sydney continuing to grow as one of the key logistics hubs in Australia, Aware Super sees this development as an important economic contributor to the Western Sydney Aerotropolis for many years to come,” Misev said.
The industries and jobs at Crosspoint will provide key goods and services essential to the operation of the airport.
Over 600 jobs will be created, including 390 during development and 250 full-time jobs on completion.
Head of Industrial Development for Barings Real Estate Australia Stephen O’Connor said the estate will support economic growth.
“Barings takes a long-term vision in creating high-quality industrial and logistics assets in transformative, infrastructure-led precincts which support economic growth and provide sustained employment opportunities,” he said.
“Crosspoint exemplifies this strategy.”
Deputy Premier Prue Car said developments like this were helping bring the aerotropolis “to life”.
Emily Chate
Emily Chate is a western Sydney-based journalist covering local news. A graduate of the University of Wollongong, Emily has contributed to The Daily Telegraph and worked as a freelance journalist. She has worked at The Western Weekender newspaper since 2024.
