OTB Developments Project Opens Successfully
Unpublished
By Unpublished By Thursday 24 September 2020 marked the official opening of a $4.7m project by OTB Developments, local business and Wanneroo Business Association member.
The brand new fuel station site in Morley was managed and developed by OTB Developments Founder and Director Scott Ferguson, who said he was delighted to see the opening of a business to create jobs and contribute to the local economy. OTB Developments leased the property on a long term 16 year lease to Vibe Petroleum, the largest independently owned fuel retailer in WA. Ashley Stewart from Represent PM oversaw the project management of the builder, Mapel Builders.
OTB Development’s $4.7 project at 430 Morley Drive in Morley has taken approximately 3 years to complete from acquisition of the land, through to planning and development and construction. The opening of the store was a relatively quiet affair with the owners, tenant and some eager customers ready to try the free coffee.
The team at OTB Development has a pipeline of upcoming childcare centres in Kalgoorlie, Brabham and Piara Waters which are about to commence construction. These will be completed in the second half of 2021. Development Approvals are also in progress for other projects which include service stations and childcare centres in the Perth Metropolitan area, set to be completed in 2022.
OTB is a boutique Development and Development Management company that specialises in quick service retail, fuel and childcare developments. They also offer development consultancy including property identification and acquisition, due diligence and development management services.
The directors of OTB are Stefan Piruk and Scott Ferguson. They work closely with Adalia owner by Mike Cameron who specialises in project structuring and finance, and Represent PM Ashley Stewart, specialist in construction and Project Management.
Website www.otbdevelopments.com or find them in the WBA Member Directory
Scott Ferguson – scott@otbdevelopments.com
Stefan Piruk – stefan@otbdevelopments.com
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