Attachment 7- Economic Impact Statement

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4.2 Development   According to information provided by Stockwell, construction of the proposed Noosa
timing            Civic Village will occur over the period 2024 to 2026, with an 18-month construction
                  program.

                  The centre will open in around mid-2026, with 2026-27 therefore being the first full
                  financial year of trade.
4.3 Noosa Civic   It is relevant for the purposes of later economic analysis that Stockwell has lodged a code
Stage 2           assessable development application for the Stage 2 expansion of the Noosa Civic
                  Shopping Centre within Lot 1 of the NBC Retail precinct.

                  The proposed development would add 6,500 sqm of retail floorspace for a range of
                  mainly larger tenants, and would include a multi-level car park (basement and decked) to
                  be constructed within the existing parking area immediately to the north of the existing
                  centre.
                  It is expected that the focus for the code assessable Stage 2 Retail development would be
                  on adding a range of leisure and other non-food destination retailers, supported by food
                  and drink outlets, that reflect the sub-regional role of the NBC and would widen its offer
                  to residents and visitors staying in the Noosa region, consistent with its sub-regional
                  shopping role.




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