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Background - The 53-hectare site was declared a Priority Development Area by the State Government in July 2013. - The Council established SunCentral Maroochydore Pty Ltd to oversee development of the site. - The new city centre is needed to meet the demands of Australia’s fastest growing region. - It is located 10 minutes from Sunshine Coast Airport. Economic and employment benefits - Creating 5000 jobs by 2020, 15,000 jobs by 2025 and more than 30,000 jobs by 2040. - Expected to value add more than $350 million to the state’s economy in the next five years. - Will provide an estimated $4.4 billion boost to the Sunshine Coast economy over the life of the project - Project expected to generate an estimated $5.9 billion in total expenditure Urban design - Prime commercial office space, exclusive retail, an entertainment and convention centre, a premium hotel and recreational spaces. - More than 40% of the site will be parklands and waterways. - A rail corridor into Maroochydore is already designated by the State Government. - Potential for light rail to connect Caloundra, Kawana and Mooloolaba with Maroochydore’s new CBD. - 150,000m2 commercial gross floor area, 65,000m2 retail gross floor area and 1950 residential apartments. - Preliminary construction on stage 1 starts February 2016. Technology and environmental sustainability - High speed fibre optic digital connections - A range of ‘smart city’ innovations such as smart lighting and signage and technology that assists parking, traffic management and provides real time information for public transport. - Plans for Australia’s first underground pneumatic waste system. - Environmentally sustainable building design