PCA Retail Property Breakfast

Retail Centres to Activity Centres

Policies

Activity Centres Policy

• Centre Context• Movement• Activity• Urban Form• Resource Conservation• Implementation

Activity Centres Policy

• Centres are means to achieve Directions 2031

• Diverse activity – not just retail• Centre boundaries• Residential targets• Centre owners can prepare their own

structure plan

Developer response

• Short term – uncertainty and need to adjust to new rules (RSA guidelines, Structure Plan guidelines)

• Medium term – expand retail towards national averages (1.4 sqm to 1.9 sqm per capita)

• Long term – transition of some pure retail business models to hybrid activity centre models

Are Perth centres unique?

• Mostly single level• Some two - level centres don’t work

(Karrinyup & Morley parking)• Single level centres common because

land has been cheaper than development capital

• High retail content• Low residential density• Poor public transport

Adapting to ‘Activity Centre’

Diversity Performance Targets

Hierarchy Shop Retail Component

Other floorspace (% total)

Perth Capital City

NA NA

Strategic Metro,Secondary, District

> 100,000 sqm 50%

> 50,000 sqm 40%

> 20,000 sqm 30%

> 10,000 sqm 20%

< 10,000 sqm NA

Neighbourhood NA NA

Floorspace Ready-Reckoner

Shop Retail sqm

Other sqm Total sqm

20,000 8,571 28,571

30,000 12,857 42,857

40,000 17,143 57,132

50,000 33,333 83,333

60,000 40,000 100,000Full copy available on www.pracsys.com.au

Dwellings

Hierarchy Dwellings per gross

ha

Dwellings

Perth Capital City

NA NA

Strategic Metro

30 to 45 800m radius – 6,000 to 9,000

Secondary 25 to 35 400m radius – 1,300 to 1,800

District 20 to 30 400m radius – 1,000 to 1,500

Neighbourhood

15 to 25 200m radius – 200 to 300

Employment

• Directions 2031- employment/population balance

• Activity centres carry most of the employment burden (depending on level in hierarchy)

• Most Strategic and Secondary centres need to double employment

• Employment growth focused in non-retail activity

First steps

• Analyse centre performance now (diversity, intensity, accessibility, employment, dwellings)

• Define future centre performance and identify gaps

• Talk to your local government now about centre planning process

www.pracsys.com.au