TIME FOR A REBOOT

A Well-located warehouse and showroom in Garbutt is set to become a centre for computer equipment fabrication and data servers under the plans of an innovative Townsville company.

Code Valley was founded by technology entrepreneur and James Cook University computer systems engineering graduate Noel Lovisa.

The company is looking to deliver on plans to create a cloudbased marketplace for software development.

Mr Lovisa has acquired the 960 sqm warehouse, office and showroom property at 435 Woolcock St under a super fund structure for about $1.15 million and will lease the premises to Code Valley.

Code Valley is a local technology success story which has flown largely under the radar.

It is pioneering software development technology and associated server hosting equipment.

The company’s chief technical officer, Jesse Gileppa, said the new building would provide more space for Code Valley’s growing workforce as well as additional fabrication space and operating capacity for its server units.

Mr Gileppa said the team was ramping up towards a major deployment of the units in the coming months.

“This building will be our hardware manufacturing and staging facility, and in the interim, house our development team, which we plan to move to a purpose-built facility in the medium term,” Mr Gileppa said.

Mr Lovisa said began beta testing coding technology Code Valley its emergent in 2016 and, after making some improvements, was set to enter the market.

“We need a good staging area so we can manufacture this technology,” Mr Lovisa said.

“We have plans to move our developers to another facility and then retain Woolcock St as a product and staging area.”

Code Valley, which has recently added more developers to its staff of 10, will move into the property later this year after substantial renovations.

Knight Frank Townsville agent Dan Place said the Woolcock St premises, near the Duckworth St intersection, was sited within Townsville’s industrial hub

“The location was a major driving factor behind the deal. The purchaser was attracted to the property’s strategic Woolcock St position,” Mr Place said.

He said owner-occupiers were the most active group in the market.

Local buyers were looking for opportunities to grow their business as well as add value through refurbishments and further development, he said.