Appendix F- Economic Impact Assessment · MCU23/0078

                                                                                                                       50




7.4 Summary   In summary, the economic outcome arising from the proposed development of Noosa
              Civic Village will be positive, consisting of:
              •    The provision of additional retail floorspace to serve the shopping needs of people
                   living within the region and visitors.
              •    Significant economic activity as new components are constructed, including nearly
                   400 direct jobs created over the life of the construction project.
              •    An estimated 525 new employment positions created within the NBC, or nearly 400
                   jobs in FTE terms, and with another 600 or so jobs created indirectly in the wider
                   economy.
              •    A wide range of consumer benefits including additional choice and convenience,
                   greater price competition, a wider retail offer, improved amenity for residents,
                   workers and visitors, new diverse and affordable housing opportunities, and the
                   creation of local employment opportunities.
              •    Community benefits generated by reduced travel and lower emissions as people are
                   not required to travel to access shopping opportunities.
              •    Business benefits from the provision of new offices and co-working spaces within an
                   amenity-rich environment.
              •    Tourism benefits with the provision of new entertainment and dining options catering
                   to Noosa’s visitor and events economy.
              •    Catalysing development within the NBC so that it is able to fulfil its role as a vibrant
                   business and employment centre, consistent with policy aims contained in Noosa
                   Plan 2020.

              Against these positive outcomes, the modelling presented in Chapter 6 shows that the
              competitive trading effect on other centres would not adversely affect the role and
              performance of those centres. The project would therefore deliver a significant net
              economic benefit to the community.




              Noosa Village Mixed Use Development – Economic Impact Statement for Development Application   Deep End Services