Appendix F- Economic Impact Assessment · MCU23/0078

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Introduction



               This report has been prepared for Stockwell Development Group Pty Ltd (Stockwell) and
               presents an independent Economic Impact Statement (EIS) to examine the economic
               effects likely to arise from the proposed Noosa Civic Village Mixed Use Development
               (‘Noosa Civic Village’).
               The development involves the construction and development of land adjacent to the
               existing Noosa Civic Shopping Centre for a mix of retail shops, cinema, other
               entertainment uses, offices and apartments. Noosa Civic, located in the suburb of
               Noosaville and within the Noosa Business Centre (NBC), is the most significant shopping
               centre and employment cluster within Noosa Shire. Parts of the existing centre would be
               refurbished as part of the development.

               This report is organised as follows:

               Chapter 2 describes the regional and local context relevant to the proposal, including the
               role of Noosa Civic as a shopping and entertainment destination.

               Chapter 3 summarises the relevant strategic retail planning context, as expressed in
               ShapingSEQ and Noosa Plan 2020.

               Chapter 4 describes the proposal including the proposed uses and likely tenancy mix.

               Chapter 5 examines the need for additional retail floorspace having regard to the
               catchment served by the centre, population trends and the role of Noosa Civic and the
               wider NBC precinct in serving demand generated by tourists and other visitors.

               Chapter 6 forecasts sales potential and trading effects on other centres, along with other
               economic outcomes such as job creation and consumer benefits.

               Chapter 7 summarises the report’s key findings.



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