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2022-05-10 Planning and Environment Committee Meeting Agenda

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PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                         10 MAY 2022


Council engaged Urban Economics in 1999/2000 to conduct independent investigations on the
economic impacts of a development proposal by. Conclusions from those investigations were-
    An 18,300m2 sub-regional shopping centre has market support for an opening by 2004.
    The impact of the sub-regional centre can be contained within manageable levels provided
     the future expansion of the retail network is contained. It is expected the sub-regional centre
     will create an impact upon the retail network [that] falls just short of being significant. During
     2004 it can be expected there will be some closures and relocations to the Shire Business
     Centre. It is expected that all existing retail nodes will continue to perform at their designated
     function in the retail network.
    The Premium Outlet Centre as proposed in the earlier Montbar application, would compete
     strongly with Hastings Street retailers, which target tourists, offering mainly premium brands
     at low prices. The impact [of the proposed Premium Outlet Centre] upon the Hastings Street
     retail node is likely to be significant in both dollar values and its ultimate composition.
From the above conclusions and in consequence of the Montbar application, the following
revised development parameters are concluded as acceptable outcomes for the site -
    Retail shops of the order of 18,300m2 of floor space with a discount department store
     to be in the first stage
    Homemaker and showrooms of the order of 7,000m2 floor space
    No Premium Outlet Centre or other significant retail development.
The allowance of 18,300m2 of Retail Business gross floor area was subsequently incorporated
within the Noosa Plan 2006. The 18,300m2 allowance relates to Precinct B1. The proposed
tenancy is located within Precinct B3. The following Figure 3 details the Shire Business Centre
precinct map that was included in the Noosa Plan 2006.




                          Figure 3 – Subject site (Shire Business Centre Map)

                                                                                       Page 41 of 96
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