D - Economic Impact Assessment Addendum by Location IQ (6.08.19)

ii.    A food catering operator at the Noosa Marketplace site would likely cater to a number of customer
       segments, including local residents, workers, tourists/visitors and passing traffic. As such, the
       proposed facility would likely generate activity throughout the day/night and week/weekend.

Employment

i.     The gross lettable area (GLA) of the proposed food catering tenant, at 270 sq.m would account for
       2.1% of the total development. While only a small component of the development in terms of GLA, the
       employment density of food catering uses, estimated at 60 employees per 1,000 sq.m (based on
       typical industry benchmarks) is higher than other types of uses proposed at the development.

ii.    On this basis, the proposed food catering component is projected to generate 16 full-time equivalent
       jobs directly. This represents an additional $0.6 million in salary and wages for the local economy
       (based on an average annual wage of around $38,532, as sourced from the ABS), directly as a result
       of the proposed development.

iii.   Further jobs would be created from the supplier induced multiplier effects as a result of jobs for the
       on-going running of the facilities at the proposed Noosa Marketplace development site as well as from
       the construction of the development (refer sub-section 4.3 of the EIA report).

Consumer Trends

i.     Retail facilities in Australia, such as the proposed development, play fundamental roles in the
       economies of metropolitan areas, having developed around the need to meet consumer demand. The
       nature of consumer demand continues to develop and evolve, reflecting social changes within society,
       such as:

            Increasing time pressures on working families.

            Population and income growth.

            The evolution of new retail formats and traders.

            Competitive retail developments and precincts.

ii.    Food catering facilities form a typical component at these types of centre for convenience purposes,
       as evidenced at:

            The Coffee Club at Homeworld Helensvale;

            The Coffee Club at Morayfield Super Centre;

            Jamaica Blue at Harbourtown Gold Coast and Gloria Jeans at Harbourtown Adelaide.




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