Development Application part 3 of 10 Planning Report - MCU13/0092

                                         .
                                         ~~
                                         ’.’lJii{tl’JiI
                                         INTEGIUTY.EXaUfNa:.SUCas5




In   a   similar way it is
                      envisaged that the proposed IGA supermarket and
contemporary convenience speciality shops will satisfy a community need
not otherwise generally able to be readily accommodated in the traditional
village centre.

The      role   of the   proposed convenience                        IGA   shopping complex   is   not
expected to compete with the traditional centre, nor detract from its existing
highly successful social/entertainment role, rather it will provide the potential
to strengthen the traditional centre by reducing leakage (in $’s and resident
numbers), to Coolum Beach, Peregian Springs or elsewhere, and attracting
additional patronage to the Village Square by those locals currently
shopping at Coles and Woolworths etc outside of Peregian Beach

The ’Needs Assessment’ by Foresight Partners Pty Ltd (February 2013) a highly
experienced and regarded Brisbane                                based      economics   consultancy
concluded (Source:SUMMARY):


     .    The   proposed   closure of the   Friendly Grocer supermarket store "will likely
          leave only one small food/grocery store (approximately 150m2) in Peregian
          Beach which is expected to be part of the Essence development. A food
          store of this size offers   only a small product range generally limited to
          confectionary, drinks and a small variety of convenience food. Without a
          local supermarket residents of Peregian Beach must travel outside th3eir

          community for basic food and grocery needs ";
     .    "The lack of supermarkets indicates a clear void in the existing retail provision.

          However, there are no suitably zoned sites of sufficient size in Peregian Beach
          to accommodate a supermarket";
     .    The proposed centre will have a convenience shopping and services focus
          and will complement the established retail network in the Village Centre"
     .    "Of the centre’s forecast $12.6million in year one turnover more than $1O.5m

          (85%) is expected to be recapture of spending currently escaping form
          Peregian Beach";
     .    "The proposed centre has particular benefits including greater local retail

          choice, enhanced local accessibility to commonly used retail facilities,
          reduction in escape spending, a boost to locally based employment and

          greater job containment. Moreover, a community the size of Peregian Beach
          would reasonably expect to be serviced by a local supermarket.";
     .    "It is therefore concluded that there is a clear and significant economic and

          community need for the proposed neighbourhood centre>"

It may be the case that part of the reason for the proposed closure of the
Friendly Grocer and its replacement by a Restaurant and small market stalls
is reflective of the fact that the neighbourhood village centre functions as an
entertainment/dining/social centre and not as a true convenience shopping
centre.




May 2013                         IA MCU IGA Complex at Peregian                               Page 18