2016-03-01 Infrastructure and Services Committee Agenda

INFRASTRUCTURE & SERVICES COMMITTEE MEETING AGENDA                              1 MARCH 2016


    Broadband availability.
    High speed broadband is considered essential and current providers TPG and Telstra have
    indicated speeds of 100mbps to the site with the NBN fibre optic to be available in the third
    quarter 2016.

    Financial support/funding
    Government support is available to enterprises through a number of grant programmes
    offered by Federal and State Governments and also through Regional Development
    Australia. The IT Enterprise sector is seen as a desirable growth area within the Nation’s
    economy and a key driver of innovation.

    Catchment
    The client catchment for the Digital hub / IT Enterprise building has been defined as
    Peregian Beach, Peregian Springs and Peregian Breeze’s residential areas and also
    Coolum which is only 6kms away. In addition there are holiday makers and part time
    residents whom research indicates are potential users of a flexible co-working space.

    Competitor Analysis
    There are currently no similar businesses trading within the Peregian catchment, however
    there are some businesses offering somewhat similar services at Noosa Civic, Noosa
    Junction, and a small enterprise at Sunshine Beach. There are a number of larger
    businesses at Maroochydore and Mooloolaba. The impact on any of these is considered
    very marginal because of their distance from the catchment.

    Population Statistics
    The main driver for commercial business growth within Peregian is the rapid population
    growth in the catchment which is summarised below:

     Location                            2006      2011      2013       2015      2016      2021
     Peregian
     (+ P. Breezes & P. Springs)         5078      7594      8408       9700     10700     12800
     Coolum                             13154     15546     15587      16174     16978     17318
     TOTAL                              18232     23140     23995      25874     27678     30118

    ABS Building approvals to the year ending November 2015 for the Peregian catchment
    alone were 326 residential premises.

    Commercial Development in Peregian
    Peregian Village has seen considerable commercial expansion since 2007 particularly on
    the western side of the David Low Way where this development is proposed.

    In 2016 a village size IGA Retail and speciality shops have commenced construction. In
    2008 the Marquesas medical and professional offices were built, in 2007 the Peregian
    Hotel was refurbished, along with the Boardwalk - a multiple use development of
    restaurant, office space, retail shops and residential on the eastern side.

    Available Capacity
    Other zoned potential lots include existing houses between the Peregian Hotel and the
    Marquesas building have some commercial development rights but require purchase,
    development approval and cost of conversion. Existing premises within the Village may
    expand but are constrained by the necessity to provide car parking.



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