Attachment 7- Economic Impact Statement

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Proposed Noosa Civic Village



4.1 Proposed use   The development scheme for Noosa Civic Village has been prepared by Buchan on
schedule           behalf of Stockwell, providing for a mixed-use development in accordance with Noosa
                   Plan’s expectations for the VMU precinct. A schedule of uses is summarised in Table 1.

Table 1—           Development precinct                 Use types                                                   Area (GFA)
Development        VMU                                  Shop, food & drink, office, health care service                   7,500
schedule
                   Bar & dining                         Bar/restaurant/tavern                                             1,100

Source: Buchan     Cinema (6 screens)                   Cinema                                                            3,070
                   Recreation                           Indoor sport & recreation (eg gym)                                2,700
                   Business                             Office, health care services                                      3,000
                   Arts and innovation                  Research & technology                                               445
                   Residential                          Multiple dwellings                                       45 apartments
                                                        Short-term accommodation                                       76 units


                   With respect to the retail component, the proposed 7,500 sqm for VMU uses would
                   include a mix of shops, food and drink outlets and shopping centre uses, as well as some
                   other activities such as offices or health care, consistent with the normal range of
                   tenancies found in similar centres.

                   For the purposes of economic analysis it is assumed that all of the 7,500 sqm would
                   accommodate retail uses to reflect the cap imposed in the Table of Assessment for the
                   VMU and the Major Centre Zone Code at PO72.

                   The retail tenancies include a supermarket of 3,500 sqm and a range of smaller tenancies
                   fronting the proposed Village Green and along Main Street.




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