Wollongong City Council has launched the new Wollongong Investment Prospectus, a document pitching to those thinking of setting up business here why Wollongong's where it's at.
The city's streetscape is changing, not just with the supply of premium stock of A-grade offices available in newly built and pipeline developments but through Wollongong changing dining and entertainment scene.
Did you know? There are over 180 small bars, restaurants, and cafés in the Wollongong CBD, according to a Wollongong City Council audit in January 2023.
Wollongong City Council's General Manager Greg Doyle shared his thoughts on how Wollongong's future as a growing business hub for the Illawarra-Shoalhaven region.
"Wollongong has so much to offer. From a business perspective there are a variety of distinct business environments across the City to grow, diversify or establish. It's great to see local businesses decide to make further investment. This is being complemented by Canberra and Sydney companies looking at Wollongong to invest," Mr Doyle said.
"Many businesses and new residents tell us that they choose Wollongong for its lifestyle. Our proximity to both Sydney Airports and Sydney CBD means that we are within easy reach. We're in the prime location for those who want to enjoy a more relaxed pace and lifestyle while also having easy access to the rest of the world."
Wollongong is a vibrant coastal city with easy access to incredible green spaces such as Mount Keira and escarpment, our plethora of beaches, rock pools, parks and gardens. It's this connection to the natural landscape that adds to our city's liveability. Wollongong is a place for those who want to be able to access everything they need, as well as engage with and enjoy our environment.
"Wollongong also offers a highly skilled workforce and connected business network. Business, not for profits, and government are invested in growing the capability of talent here. There are a range of institutions actively focused on supporting workforce capability and knowledge including the University of Wollongong, a world-class research and teaching university,' Mr Doyle said.
"At the same time, Wollongong is emerging as a key hub for clean energy investment and innovation. Recent government zoning declarations and funding for businesses developing hydrogen energy tech are putting the Port Kembla area — located just 10 kilometres south of the Wollongong CBD — on the cusp of a clean energy boom."
Over the last three years, the Wollongong CBD has seen over 30,000 square metres of new A-grade stock added to the market making the city a compelling offer for business.
