Planning_Economic Impact Assessment

                                                            Section 6: Economic impact




     outside of the local catchment are established or expanded in order to serve the
     future increase in resident generated demand.




     TAVERN TRADE IMPACTS
     As previously stated in the demand assessment for the proposed tavern use
     onsite, the future licensed venue activity onsite will largely replace that existing
     use offered by the Noosa Heads Bowls Club. While it will obviously not offer the
     sporting and recreation function that the bowls club does it will provide some level
     of consistency in regards to a licensed venue that offers a place for community
     interaction and socialisation.


     The future income for the proposed tavern is expected to be derived to some
     extent from the existing demand captured by the Noosa Heads Bowls Club. This
     transfer of demand from the existing bowls club to the proposed tavern will assist
     in offsetting any potential trading impacts on competing licensed facilities. Any
     trade impacts on competing venues are expected to be limited and largely offset
     by forecast growth in the catchment, including growth in food and beverage retail
     expenditure (forecast to increase by $5 million or 10% between 2012 and 2015).


     In summary, the proposed tavern facility is not expected to generate significant
     trade impacts on any one competing venue or limit the ability of any competing
     facilities to trade viably. The consistency between the existing licensed venue use
     onsite and the proposed tavern is expected to result in a transfer of demand
     between these two uses rather than a significant redistribution of demand from
     competing venues.




     COMMERCIAL OFFICE TRADE IMPACTS


     The proposed commercial office space onsite is expected to be limited in terms of
     overall scale in comparison to the scale of additional floorspace required to
     support future population and employment growth throughout the region. As a
     result, the proposed commercial office space onsite is not expected to result in
     any significant trade impacts with any short term impacts offset by expected
     growth in demand.


                                                      Noosa Heads Bowls Club, QLD
44
                                                            First Choice Assessment      44
                                                                           Coles Group