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Changes to Report to incorporate Attachment H · MCU13/0092

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Feresight

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4.3.1. Convenience and Choice

The proposed centre will help ameliorate a relative deficiency of retail choice and variety
available to households within the trade area in an accessible and visible location. It will
be within easy walking distance (about 200 metres) of the Peregian Beach Village Square
and offer easily accessible car parking which is currently not available in the town centre.
The site is located adjacent to the Marquesas commercial building precinct offering a
central meeting place for workers for coffee, snacks, meals and convenience items either
on the journey to or from work.

4.3.2 Lack of appropriately designated and available sites

There are no other appropriately zoned alternative locations in the vicinity of the site which
could accommodate the proposed development. The largest potential sites are reserved
for alternative uses:

e 215-219 David Low Way, Peregian Beach: (Essence Development) the caravan
park site has development approval for the purposes of commercial and visitor
accommodation precincts. The approved development will consist of 30 beach
shacks, 32 three bedroom apartments and a commercial and retail precinct facing
David Low Way. The ground floor retail tenancies comprise 693m? across four
tenancies.

e 226 David Low Way: a vacant lot directly adjacent to the Peregian Boardwalk is
currently for sale with a development approval in place for a 12 unit motel with
reception office and restaurant.

As is evident from Figure 1.1 the area along David Low Way is being developed to more
intensive commercial land uses, such as the new Essence Development and commercial
uses surrounding the subject site. The development of the under-utilised subject site from
open space recreation to the proposed centre use represents a good land use outcome in
that it will provide needed facilities to better service the convenience needs of residents,
employees and visitors in the area.

The current retail offering in the Peregian Village Square is older and generally of poorer
quality. The Village It is comprised of small tenancies (generally less than 200m’) which
are not suitable for a supermarket of the size needed to meet the needs of the local
community.

Our analysis of the current retail network in Peregian Beach indicates there is not an
excess supply of retail floorspace in the market, while there is ongoing tenant demand for
retail space.

4.3.3. Employment

The centre will provide construction employment, and contribute to local job containment
by creating significant on-going local employment opportunities. A typical convenience
centre of the size proposed, using industry standard benchmarks, would create

 

25
Needs Assessment, Peregian Beach Centre
13002 Rev 2
19 February 2013

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