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Response to Information Request 5-7 Rufous Street Peregian Beach MCU13/0092

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                                                                                     ~
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               gravitate to the Village Square to enjoy the
               entertainment/dining/social meeting ambience and
               role it offers;
            3. As established by Foresight Partners in the first year of
               operation of the proposed IGA convenience centre
               (assumed to be 2015) there would be about $1 0.5m of
               escape expenditure returning to Peregian Beach, with
               the traditional Neighbourhood Centre traders being
               beneficiaries to part (albeit a small part) of that
               otherwise escape expenditure;
            4. In addition Foresight Partners concluded, inter alia,
               there would be no threat to the viability of any existing
               supermarkets or retail centres or the proposed retail
               hierarchy of the Sunshine Coast;
            5. It has always been our client’s preference for access
               to be both from Rufous Street and the David Low Way.
               This would improve the potential for any integration;
            6. We do not expect the proposed development to
               directly integrate with the existing Peregian Beach
               Neighbourhood Centre, although we do expect that
               the latter will gain indirect benefits from ’flow on’
               patronage after residents and visitors complete their
               convenience supermarket and other convenience
               shopping activities, as already discussed above. We
               expect that only positive impacts will occur over time
               within the Village Square.


In conclusion we do expect any physical integration.


ECONOMIC


Foresight          Pty Ltd by letter dated 4th July 2013 and
             Partners
addressed to the DFS Group has responded to the two (2)
economic issues in Council’s Information Request. A copy of this
advice forms Attachment C to this letter.


A summary of their respective responses are included below each
of the issues raised by Council.


7. Provide details of all the retail and commercial premises located
   within Pereqian Beach, includinq the use of floorspace area.


Foresight Partners Pty Ltd identified the following:

             Category                        Estimated Floor Area (m2)
          Clothinq Apparel                                        990



2/08/13                          Multi Span Australia   -
                                                            IR response    Page 14

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