Investing in Townsville
No other region of comparable size has the connection into the future prosperity of the Australian nation as Townsville.
Townsville, a rapidly growing city in north Queensland, offers a strategic location with a diverse labour force, quality amenities and is the main hub for North Queensland, contributing significantly to the regional economy. Townsville City Council actively supports business and community initiatives, fostering an environment conducive to economic growth and welcoming inquiries from potential investors.
If you are wanting to expand to a new site or relocate to Townsville, contact Townsville’s Economic Attraction team on 13 48 10 or email economic.development@townsville.qld.gov.au.
We can assist with:
- development applications and pre-lodgement advice
- property searches
- linking you to relevant community, commercial or government contacts.
Industrial Land Parcels
There are currently two large parcels of industrial land:
Local Industry
Townsville State Development Area
Declared in 2003, the 4915-hectare Townsville State Development Area (SDA) is a defined area of land dedicated for industrial development. It is located about six kilometres south-east of the Townsville CBD and two kilometres south of the Port of Townsville.
Situated at the junction of the national road network (Bruce and Flinders Highways), with direct connections to major rail networks and the Port of Townsville, the Townsville SDA is positioned to be the preferred location in North Queensland for the establishment of industrial development of regional, state and national significance.
Start-ups and Innovators
Townsville has one of the largest startup ecosystems in Australia.
Combining Australia’s immigration-friendly policies, leading innovation hubs and world-class post-secondary and tertiary institutions, Townsville is a great city to start and grow any business idea you may have. As a leading innovation hub, Townsville has a variety of options for business and investors.
Defence Innovation Hub
The federal government is backing the efforts of the North Queensland Simulation Park (NQ Spark), which is establishing a collaborative defence industry precinct in critical technologies. This initiative represents northern Australia’s first collaborative defence industry hub and is based in Townsville.
Smart Precinct NQ
Smart Precinct NQ is the home of Innovation and Entrepreneurship in North QLD, supporting people with ideas to start and grow, support industry to innovate, and empower economic outcomes for Townsville and Queensland. They provide a central point of incubation and acceleration for idea generation, collaboration, problem-solving, commercialisation pathways and investment readiness. They connect and collaborate with entrepreneurs, SME’s, industry, government, researchers, investors and the wider community. Connect with the ecosystem, and Townsville's start up community through Smart Precinct NQ to leverage the support available and get your idea to the future first.
Technology Innovation Complex (TIC)
The 9,400-square-meter complex, will serve as a hub where engineering and IT students, industry partners, and researchers converge. It brings together undergraduate and postgraduate students in engineering and IT, industry partners, and researchers.
Townsville Region Hydrogen Hub
Townsville North Queensland has taken the next major step forward toward securing its future as a green manufacturing city, with Federal funding support to build a $137 million Green Energy Hydrogen Hub in Townsville. The project proponent – Edify and Siemens Energy – were supported by the North Queensland Hydrogen Consortium, James Cook University, Townsville City Council and the Australian Institute of Marine Science in their application.
Videos
Watch these videos on YouTube for more information:
