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

Robina Town Centre Evolution

FIGURE 9.2

 

 

1995-2015
1995-2000 Auto Mall KE High School
Robina Shopping Centre =| Train Station
rf Hospital
2001-2005 w ~20,000 sq.m Office Space
iit. | Self-Storage
s& Bond University Institute of Health & Sport
2006-2010 Robina Shopping Centre REI ~40,000 sq.m Office Space
Expansion (including Myer)
Mixed Use Developments (including residential)
2011-2015 Robina Shopping Centre ~13,000 sq.m Office Space

Urbis Pty Ltd

Market Hall Expansion

2
+
fi

Health Precinct

Bond University

In our view, based on both Australian and overseas experience, the following concepts and principles are

instructive:

= Every major city’s CBD is built around a core retail area, and this is also common for all broadly
based suburban activity centres. The importance of retail uses within a Town Centre and role they
have in providing a hub from which other uses benefit is reflective of the high level of activity
generated by retail businesses.

2 As shown in Figure 9.3, retail generates by far the most footfall in broadly based activity centres. In
general, retail businesses attract 10 times more visits than commercial office space and 20 times
more activity than residential uses, per unit of floorspace. The cross-usage and synergy benefits are
therefore readily apparent. Retail uses are clearly the most important element in ensuring vitality and
in many respects viability as well, in a Town Centre.

URBIS

NOOSA RESPONSE REPORT - RETAIL ECONOMICS JUNE 2015 V2

CATALYST FOR FUTURE DIVERSIFIED DEVELOPMENT 25