Attachment 5 - Economic Needs Analysis

                                                      Rufous St Master Plan Commercial Development


There are numerous coffee shops/cafes etc. on the eastern side of the David Low Way and this
operation is unlikely to impact to any great degree on their trade.


8       GOVERNMENT SUPPORT/FUNDING
Regional Development of Australia (RDA) Sunshine Coast which is a partnership between the
Australian Government, the Queensland Government, is supportive of the development of Digital
Hubs across the region and has been consulted on the proposed Rufous St development. RDA
Sunshine Coast is encouraging Noosa Council to consider applying for funding for the development
of the Peregian Digital Hub in the August 2016 round of the National Stronger Regions Fund as this
development proposal meets the grant funding guidelines.

There are also a range of funding opportunities announced by the Turnbull Federal Government as
part of the National Innovation and Science Agenda which should be explored

The Queensland State Government has a related funding program Advance Queensland Innovation
Partnerships which is available to start ups and entrepreneurs which may also be able to be accessed
to fund the ongoing management of the Digital Hub


9       BROADBAND AVAILABITILITY
A prerequisite for a Digital Hub Site is the availability of high speed broadband, to allow video
conferencing, 3D printing and connectivity

A number of providers TPG and Telstra have indicated that download speeds of 100mbps and upload
speeds of 100 mbps are available at the site. TPG have fibre optic cable available for connection on
the David Low Way.

NBN have indicated connection to Peregian will be completed by Q3 2016. The Telstra switch
immediately adjoins the property which should result in reasonable speeds.


10      OTHER POTENTIAL COMMERCIAL DEVELOPMENT SITES
A number of units are currently under construction immediately to the north of the Boardwalk
mixed development on the eastern side of the David Low way limiting any opportunity for
commercial expansion of the original Village.

There are existing development rights for commercial development by conversion of current
residential properties between from 215 to 253 David Low way, some of which is already developed
(Marquesas development), which provides for some commercial business uses. However, this
development is to be in keeping with the existing character of Peregian Beach and therefore is
somewhat limited in scale with the provision of adequate car parking also being a determining
factor.

The 2006 Noosa Planning Scheme encourages development of this type within the Noosa Civic
precinct site some 16km distant. There may be some overlap of the catchment area for the
proposed development with Noosa Civic although it is pointed out existing businesses within the
catchment may also make use of facilities at Maroochydore a similar journey away.

It is argued the proposed development will meet the existing and future local demand in addition to
the government encouraged national trend for this type of economic activity.