Attachment 7- Economic Impact Statement

Contents




Executive summary                                                                                           i
1     Introduction                                                                                         1
2     Location context                                                                                     2
2.1   Regional context                                                                                     2
2.2   Local context                                                                                        4
2.3   Noosa Business Centre                                                                                6
2.4   Employment context                                                                                   7
3     Planning context                                                                                    10
3.1   Introduction                                                                                        10
3.2   Shaping SEQ                                                                                         10
3.3   Draft ShapingSEQ 2023                                                                               14
3.4   Noosa Plan 2020                                                                                     14
3.5   Noosa Shire Retail Plan                                                                             19
3.6   Summary                                                                                             20
4     Proposed Noosa Civic Village                                                                        21
4.1   Proposed use schedule                                                                               21
4.2   Development timing                                                                                  24
4.3   Noosa Civic Stage 2                                                                                 24
5     Retail need assessment                                                                              25
5.1   Introduction                                                                                        25
5.2   Catchment analysis                                                                                  26
5.3   Tourism                                                                                             34
5.4   Retail provision                                                                                    36
5.5   Retail need                                                                                         39
5.6   Summary                                                                                             45
6     Other proposed uses                                                                                 46
6.1   Introduction                                                                                        46
6.2   Cinema                                                                                              46
6.3   Indoor recreation/gym                                                                               47
7     Trading effects                                                                                     49
7.1   Introduction                                                                                        49
7.2   Approach                                                                                            50
7.3   Noosa Civic Village sales                                                                           51
7.4   Centre impacts                                                                                      53
7.5   Summary                                                                                             57
8     Economic outcomes                                                                                   59
8.1   Introduction                                                                                        59
8.2   Economic benefits                                                                                   60
8.3   Economic disbenefits                                                                                63
8.4   Summary                                                                                             63




Noosa Village Mixed Use Development – Economic Impact Statement for Development Application   Deep End Services