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The Mill at Moreton Bay Attracts Hospital and Healthcare Investors

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Emerging as an iconic landmark destination for south-east Queensland’s Moreton Bay region, council-owned The Mill at Moreton Bay’s developable land is being delivered as a vibrant, sustainable, industry-integrated, mixed-use development for future residents, academics, organisations and industries, as well as short term visitors for leisure and services.

Chair of Millovate Nigel Chamier said they were continuing to work with the Moreton Bay Regional Council to lead the 20-year vision, planning, delivery and activation of the 65ha of council-owned land in The Mill at Moreton Bay Priority Development Area (PDA), which totals 460 hectares.

“This development significantly contributes to the council’s vision for the region—to facilitate and support managed population and economic growth, jobs creation, and community healthcare and wellbeing.”

“Millovate invites property developers, operators and funds to invest in healthcare, wellbeing and related services being planned and delivered within a future Integrated Health Village at The Mill at Moreton Bay.

“This is proposed as a significant catalyst for the project.

“Potential investors and industry leaders who have demonstrated expertise and experience with leading-edge infrastructure funding, planning, delivery and operation of a hospital are being pursued.

“This proposed social infrastructure will serve the Moreton Bay region’s community, and people from outside the region travelling to The Mill at Moreton Bay to access healthcare services.

“The Queensland government-declared PDA advocates accelerated planning and development, market certainty and a significant scope to develop bespoke infrastructure, focused on economic development, as well as community development, as overarching sustainable objectives.

“This makes investment opportunities more enticing for investors to enter The Mill at Moreton Bay.”

Robust reshaping

Moreton Bay mayor Peter Flannery said a sleeping giant had awoken with The Mill at Moreton Bay at the heart of an economic revolution and jobs boom.

“This is the moment we go from talking about what is possible in Moreton Bay region, and start putting years of planning into action, with an unprecedented 40 per cent growth rate already set to supercharge our economy over the next two decades,” he said.

“The Mill at Moreton Bay ensures we will not be a dormitory suburb of Brisbane, but a distinct city in our own right, with the capacity to create digital corridors, digital trade windows, and become a centre for healthcare innovation and medical research here in south-east Queensland.

“I congratulate Millovate on their vision for a future-focused, connected, liveable city that embraces innovation at such a transformative time.

“Technology and innovation investment at The Mill at Moreton Bay will differentiate our region from everyone else in south-east Queensland and help drive economic recovery on the other side of Covid-19.

“The new digital infrastructure investment we are already attracting will spark entirely new businesses, jobs and economic opportunities—which is a driving passion of mine both as mayor and also as a father who wants to see our youth getting fulfilling career opportunities here locally.

“With USC Moreton Bay’s enrolment numbers already surpassing all expectations, I want to see greater emphasis on the development of professional jobs that will attract more young people to our region, which is infinitely more affordable than our neighbours and offers a more convenient family lifestyle.

“This is part of the council’s Bigger, Bolder, Brighter vision for the Moreton Bay region under the Regional Economic Development Strategy.”

Healthcare anchor

Underpinned by the region’s projected demand and forecasted shortfall in healthcare deliverables for the region, Millovate chief executive Stuart Pickering said that potential investors were invited to submit their interest to contribute to the funding, planning, delivery, and operation of a sustainably designed, 300 to 400 bed, up to 20 theatre, hospital as the anchor, complemented by health amenities, on Moreton Bay region’s prime site.

"Millovate is seeking investors and industry leaders with demonstrated expertise and experience, capability and capacity to effectively fund, plan, manage and deliver a large scale and complex healthcare development, inclusive of sustainable practices and deliverables, either solo or as a consortium,” he said.

“This proposed opportunity will be positioned on an integrated health village prime site (estimated up to 4.5ha) within The Mill at Moreton Bay.”

Connectivity and connection

“The Mill at Moreton Bay is primely placed for investors,” Chamier said

“The site is flanked within one of the most progressive regions in Australia, with connectivity to the airports and M1, the major road corridor connecting Queensland’s Sunshine Coast to northern New South Wales, supporting industries and businesses. It is also on two train lines with the USC Moreton Bay university campus entrenched and operational at one boundary.”

“The Mill at Moreton Bay will integrate hospital and healthcare amenities to form an integrated health village, with a focus on building capabilities in healthcare, knowledge and lifelong learning, innovation and creativity,” Pickering said.

“The Mill at Moreton Bay will intersect bespoke urban experiences designed to encourage human interaction, building a vibrant, inspiring and creative destination. The connection of uses will present a diverse ecosystem with a strong social fabric. The site’s heritage and environmental habitat will be celebrated and entwined.

“Providing world-class educational facilities, academic disciplines and a related workforce, and employment opportunities which harness locals and their investment in the community and its services, will be positive for the region.”

“The establishment of USC Moreton Bay at The Mill at Moreton Bay presents opportunities to nurture innovative and collaborative hubs and partnerships with the university to produce creative and knowledge-intensive employment opportunities and pathways, including within healthcare and wellness.”

Hospital EOI open

Hospital expressions of interest submissions are open from December 13, 2021, and close on March 21, 2022, and are accessible here.

Queries may be directed to Millovate’s transaction manager Heath Jess at tenders@procurementco.com.au.

In future, Millovate will offer EOI opportunities in healthcare, education, tourism, entertainment and sport, smart-city infrastructure, arts and culture, commerce, retail, and medium- to high-density accommodation, to be delivered at The Mill at Moreton Bay.

Subscribe to e-news at millatmoretonbay.com.au.

Disclaimer: The Mill at Moreton Bay image is owned by Millovate. It is indicative only and represents a Master Plan that is subject to change, design development and approvals.


The Urban Developer is proud to partner with Millovate to deliver this article to you. In doing so, we can continue to publish our daily news, information, insights and opinion to you, our valued readers.

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Article originally posted at: https://www.theurbandeveloper.com/articles/investors-developers-sought-for-moreton-bay-hospital