Cooroy Service Station EIA 21_06_16

1.0 INTRODUCTION
1.1       BACKGROUND

Urban Economics has been commissioned by Hass Holdings Pty Ltd to prepare this Economic
Impact Assessment EIA (EIA) for a proposed service station development at 6 Taylor Court,
Cooroy to accompany an application to the Noosa Shire Council.

This EIA examines the need and demand for the proposed development on the subject site and
critiques the proposed development in the context of the centres hierarchy in the Noosa Plan.

Urban Economics is an economic and market research consultancy, specialising in the property
sector. Based in South East Queensland we have a strong understanding of the dynamics and
drivers of the regional economy and the planning framework in which it operates.

1.2       STUDY OBJECTIVES AND METHODOLOGY

The overall objective of the EIA is to examine the need for, and potential impact of, the proposed
development at the subject site.

In preparing this EIA, Urban Economics has undertaken the following:

         Inspected the site of the proposed development and reviewed the plans for the proposed
          development,
         Identified and inspected the existing mix of service stations and fast-food facilities within the
          surrounding area and along the Bruce Highway (A1/M1), noting operator, services offered and
          location,
         Examined the existing centres network, and the available centres land within the existing centres
          network,
         Evaluated the role and performance of centres within the surrounding network, including
          available vacant space within existing centres,
         Defined a trade area for the proposed development,
         Examined the population and households within the trade area, and growth potential of this
          population
         Critiqued the demographic and socio-economic profile of the trade area community
         Reviewed key trends in service station development and supply in Queensland
         Estimated the demand for fuel retailing within the trade area
         Examined the demand for the proposed development
         Assessed the need for the proposed development
         Critiqued the capacity of existing centres to accommodate the proposed development
         Examined the likely impacts of the proposed development on the network of centres


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