9. Appendix F - Economic Impact Assessment

INTRODUCTION


This report presents an independent assessment of the need and demand for proposed Noosa
Marketplace development at Noosa on the Sunshine Coast of Queensland. The report also considers
the likely economic impacts that would result from the proposed development. The proposal is referred
to as the Noosa Marketplace throughout the remainder of this report, which has been commissioned by
Blueprint Australia.

This report is structure and presented in five (5) sections as follows:

     Section 1 reviews the location of the Noosa Marketplace site and discusses the context of the
      site within the wider Noosa area. A summary of the proposed development scheme is also
      provided.

     Section 2 details the customer segments which are likely to be served by the Noosa Marketplace,
      including projected population levels and spending levels, over the period to 2031.

     Section 3 provides an overview of large format retail and non-retail showroom facilities within
      the surrounding region.

     Section 4 outlines our assessment of the sales potential for the proposed Noosa Marketplace
      and then presents an economic impact assessment. Likely trading impacts on other retailers
      throughout the surrounding region are considered, as are the employment and other economic
      impacts, both positive and negative, of the proposal.

     Section 5 outlines the key findings of the analysis.




        Noosa Marketplace, Queensland
        Economic Impact Assessment                                                               2
        May 2019