PROPOSED LEASE TENANCY FOR PEREGIAN DIGITAL HUB · Report

SERVICES & ORGANISATION COMMITTEE MEETING                                                 11 APRIL 2023


B. Authorise the CEO to award up to three subsequent lease extensions each of 1 year, subject to
the lessee complying with the terms of the lease.
Finance
The financial return posed by the new lease is as detailed above. Unit 5 has been partitioned with
wall and security doors as part of new AI Lab construction. Revenue contribution from this lease is
factored into the Peregian Digital Hub’s 2023/24 budget.
Risk & Opportunities
The prospective tenant is a software company that has been based in Noosa for a number of years
and grown to employ over a dozen staff, the majority of whom would be based out of the Hub office.


Consultation
External Consultation - Community & Stakeholder
●   Commercial Real Estate Agents
●   Prospective tenants


Internal Consultation
Departments/Sections Consulted:

     Mayor                         Community Services                          Corporate Services

     Councillors                   Director                                x   Director

                                   Community Development                       Financial Services

     Chief Executive Officer       Community Facilities                        Fleet

     Executive Support             Libraries & Galleries                       ICT

                                   Local Laws                                  Procurement

                                   Waste & Environmental Health            x   Property

                                                                               Revenue Services



     Executive Services            Environment & Sustainable Development       Infrastructure Services

     Director                  x   Director                                    Director

     Community Engagement          Building & Plumbing Services                Asset Management

     Customer Service              Development Assessment                      Buildings and Facilities

     Governance                    Economic Development                        Civil Operations

     People and Culture            Environmental Services                      Disaster Management

                                   Strategic Land Use Planning                 Infrastructure Planning,
                                                                               Design and Delivery