Planning_Economic Impact Assessment

                                                                Section 3: Trade area spending




density for specialty retail stores in single supermarket anchored centres is
$7,414/m21.             Based on this average retail turnover density, the additional
800sqm of specialty retail floorspace may turnover approximately $5.9 million per
annum (in July 2013 dollars).                 The planned specialty retail onsite will therefore
respond to part of that growth generated over the next two years as well as the
ongoing growth in the catchment over the first several years of operation. The
remainder of that additional specialty retail expenditure generated within the PTA
will be distributed as additional turnover for existing retailers within the PTA, the
catchment area and surrounding region.




1
    MacroPlan Dimasi Shopping Centre Benchmarks (Feb 2013)



                                                             Noosa Heads Bowls Club, QLD
                                                                   First Choice Assessment      19
                                                                                  Coles Group