Attachment F - Carparking Evaluation -Noosa Carparking Study - McGagney report

                                                                                                       Noosa Council
                                                                                  Noosa Car Parking Study 2017 - 2032
                                                                                                         Final Report


Table B-3: Development Potential in Key Noosa Centres
                                                                       Proportion of
                    Current Development    Potential Additional                                % Increase in
     Location                                                     Additional Development
                            GFA                    GFA                                       Development GFA
                                                                         Capacity
  Cooran                   3,750                  1,000                    2%                       27%
  Cooroy                  22,000                 24,000                    36%                      109%
  Noosa Junction          44,000                 10,000                    15%                      23%
  Hastings Street         12,000                  2,000                    3%                       17%
  Noosaville              36,000                  9,000                    14%                      25%
  Peregian Beach           5,650                    0                      0%                        0%
  Pomona                  12,250                 15,250                    23%                      124%
  Sunshine Beach           4,250                   504                     1%                       12%
  Tewantin                19,250                  4,250                    6%                       22%
            TOTAL         164,800                66,004                   100%                      40%


As can be seen from Table B-3 above, there is significant variation in development potential between centres.
Cooroy and Pomona, in particular, can achieve a 109% and 124% increase in development GFA, contributing
36% and 23% of overall additional development capacity respectively. This is considered disproportionate
relative to other growth in the region, as residential and visitor growth (which support and are supported by
development) are expected to occur more in the coastal areas such as Hastings Street. It is apparent, therefore,
that development capacity is not necessarily an indication of likelihood of development, simply the potential for
development based on the current Noosa Plan 2006.

As such, it has been assumed that only 20% of the development potential at both Cooroy and Pomona is realised,
while all development capacity at other key centres is fully realised by 2031.

The impacts of this assumption are shown in Table B-4:

Table B-4: Adjusted Development Potential in Key Noosa Centres
                                                                       Proportion of
                    Current Development    Potential Additional                                % Increase in
     Location                                                     Additional Development
                            GFA                    GFA                                       Development GFA
                                                                         Capacity
 Cooran                    3,750                  1,000                    3%                        27%

 Cooroy                    22,000                 4,800                    14%                       22%

 Noosa Junction            44,000                 10,000                   29%                       23%

 Hastings Street           12,000                 2,000                    6%                        17%

 Noosaville                36,000                 9,000                    26%                       25%

 Peregian Beach            5,650                    0                      0%                        0%

 Pomona                    12,250                 3,050                    9%                        25%

 Sunshine Beach            4,250                   504                     1%                        12%

 Tewantin                  19,250                 4,250                    12%                       22%

            TOTAL         164,800                 34,604                  100%                      21%



Under this assumption, Cooroy and Pomona achieve a 22% and 25% increase in development GFA respectively,
contributing 14% and 9% of overall additional development capacity. Overall development by 2031 is reduced
from 40% to 21%. This reflects expectations around sources of future residential and visitor demand, and
associated development growth.