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MCU10/2083 Development Application part 2 - Attachment 4 - Economic Impact and Need Assessment

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           the Hastings Street area and it is dominated by cafes and restaurants, take away
           shops, boutique resort and other fashion and gift shops. The Hastings Street
           precinct had a total of 13 vacancies.
           The second major tourist area in Noosa Shire is the Noosaville Visitor Mixed
           Use Zone. It is the most relevant of the tourist retail areas given its location
           relative to the subject proposal. Located on Gympie Terrace fronting the Noosa
           River, this zone is primarily composed of cafes and restaurants with some
           higher order apparel retailing. There were two vacancies evident along Gympie
           Terrace.
           The vast majority of restaurants and cafes in this precinct are of high-end
           quality. There is however a small clustering of eateries on Thomas Street
           providing some fast food. These include a Red Rooster, Zachary’s Pizza Bar,
           Magic of India, Raymondo’s Gourment Pizza and Nosh It. Apart from the Red
           Rooster (operates daily from 9.30am-9.30pm and 10.30pm Friday and Saturday
           nights), operating hours are fairly restricted with the eateries generally opening
           only for dinner.
           In terms of convenience shopping, there is one convenience store of about
           100m² along Gympie Terrace. The store has a narrow product line providing
           only basic convenience items, such as bread, milk, cold drinks, chips, and some
           toiletries.
           The most recent development within the Noosaville Visitor Mixed Use Zone
           has involved a boutique-style development on the corner of Thomas Street.
           With the exception of the ice-creamery (and one vacant shop), all other six
           tenants are high-end retailers and include Zambeze and Skaagen Denmark. This
           further highlights the role of Gympie Terrace as a tourist and leisure
           destination.
           The Noosa Marina also provides a diverse range of restaurants and cafés. In
           total, there are around 16 tenancies, four of which were vacant upon inspection.
           Additional tenants include a hairdresser, footwear, spa, and gallery and
           homewares store. The majority of restaurants offer fine dining.

2.3        PROPOSED DEVELOPMENTS

           Enquiries with Sunshine Coast Regional Council in August 2010 have
           identified a number of planned and proposed retail developments within the
           Noosaville, Noosa Junction, Noosa Heads and Tewantin area:
                 •    The largest application involves the expansion of Noosa Civic. Stage 3
                      of the proposal totals 35,000m² of lettable retail and commercial use
                      area and would introduce a two level department store, a second major
                      supermarket, a second discount department store, a number of mini-
                      majors, additional retail specialty shops (8,000m²) and two levels of
                      professional services and commercial office space (5,000m²). The
                      application is currently subject to Court Appeal.
                 •    As part of the Noosaville Homemaker Centre, there is an approval to
                      utilise part of the existing carparking area located along the northern

Noosaville Convenience Centre EIA
10034 Rev 1
19 October 2010                                  9
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