MCU14/0106 & OPW15/0001 Appendix B - Retail Needs Response

5.2 BENCHMARKS

Information request:

‘_.. retailer types are benchmarked to different regions. DDSs are benchmarked to Brisbane
levels, while supermarkets are benchmarked to non-metropolitan Queensland levels’.

Response:

Tables 7.1 and Table 7.2 in the DA report, have been updated to allow for a consistent Queensland
floorspace provision benchmark to be used. These new benchmarks, relating to DDS and supermarket
floorspace provision, are provided in Tables 5.1 and 5.2 below. The change in provision and
subsequently derived floorspace deficiency is relatively minor.

For DDSs the Queensland provision equates to 175 sq.m per 1,000 residents, slightly below the Brisbane
average of 186 sq.m. This results in a reduction in the notional floorspace deficiency from 9,880 sq.m to
8,830 sq.m in 2031. In our view, for an urbanised region such as the Sunshine Coast it is more
appropriate to use the Brisbane benchmark, and hence we stand by the analysis in the DA report.

The Queensland supermarket provision is 373 sq.m per 1,000 residents relative to the previously used

Queensland non-metropolitan provision of 370 sq.m. This higher provision results in an inconsequential
increase in the notional floorspace deficiency from 10,590 sq.m to 10,870 sq.m in 2031.

DDS Provision — Population Assessment 2014-2031

NOOSA.CIMIC/MAINCIRADE ARE soe: uate gece ears enema eee cones ABE ELO UL
Unit 2014 2016 2021 2026 2031

Main Trade Area Population ' No. 81,000 83,700 89,900 92,500 95,500

Existing DDSs

Big W - Noosa Civic sq.m 6,480 6,480 6,480 6,480 6,480

Target - Noosa Junction sq.m 1,400 1,400 1,400 1,400 1,400

Total sq.m 7,880 7,880 7,880 7,880 7,880

Main Trade Area DDS Floorspace Provision pe 97.3 94.1 87.7 85.2 82.5

Queensland DDS Floorspace Provision sq.m/ 1,000

(Brisbane = 186, Non-metro QLD = 165) pop die Ue 178 Wes 102

Supportable MTA F'space

@ Brisbane Provision of 175 sq.m/1,000 pop ay 14,480 TGs0 15,780 ie tg 16,710

Surplus/(Deficiency) sq.m (6,300) (6,770) (7,850) (8,310) (8,830)

URBIS

1 6 NEEDS ANALYSIS NOOSA RESPONSE REPORT - RETAIL ECONOMICS JUNE 2015 V2