Mirvac has secured development approval from Cumberland Council for an industrial estate development.
Planned construction will commence in the new financial year.
The 14-hectare site will include warehousing, office space and small-scale local amenities such as a café, all totalling 73,000 square metres of floor space.
The site and development are expected to provide more than 700 construction jobs, 1000 permanent jobs and contribute $296 million to the local economy.
"Our vision is to deliver a precinct that represents a new age for industrial estates," says Richard Seddon, general manager, Industrial, at Mirvac.
Growing ecommerce trends drive the need for new logistics hubs and 'last mile' delivery locations. "To meet future needs we are committed to delivering cutting edge industrial warehouses and logistics facilities like the one planned for Auburn," says Seddon.
Located close to Auburn town centre, the site is 3.3 kilometres from Parramatta and 18 kilometres from Sydney CBD. It will benefit from the $16.8 billion WestConnex project which will improve connections from the inner west, to the CBD, to South Sydney and Port Botany, via a new underground M4-M5 link.