developments
A U R A E X P R E S S I O N O F I N T E R E S T
developments
Emp i r i c a De v e l o pme n t s i s p l e a s e d t o s u bm i t a n e x p r e s s i o n o f i n t e r e s t t o p u r c h a s e t h e p r o p o s e d b u s i n e s s a n d i n d u s t r y s u p e r l o t w i t h i n p r e c i n c t 4 . 1 a s d e f i n e d b y t h e Ca l o u n d r a So u t h P l a n o f De v e l o pme n t d o c ume n t p r e p a r e d b y U r b i s ( s u p e r l o t 1 1 9 4 , 6 . 1 5 h a ) . T h e t e am a t Emp i r i c a h a v e e x t e n s i v e e x p e r i e n c e i n c omme r c i a l p r o p e r t y d e v e l o pme n t a n d h a v e r e c e n t l y c omp l e t e d s e v e r a l p r i me g r a d e r e t a i l a n d c o n v e n i e n c e p r o j e c t s . Emp i r i c a i s awa r e o f t h e s i g n i f i c a n c e o f t h i s k e y l o c a t i o n a n d h a v e e n g a g e d e x p e r t r e t a i l a r c h i t e c t s ( TRG ) t o p r e p a r e a ma s t e r p l a n o f t h e s u b j e c t p r o p e r t y. T h e ma s t e r p l a n s e e k s t o i n t e g r a t e t h e s u p e r l o t w i t h i n t h e p r e c i n c t , p r o v i d e a n a e s t h e t i c l a y o u t a n d a f u n c t i o n a l u s e o f t h e s i t e i t s e l f . T h i s d o c ume n t w i l l p r o v i d e a n o v e r v i ew o f Emp i r i c a De v e l o pme n t s a n d o u r v i s i o n f o r t h e s i t e .
Abo u t Emp i r i c a
Emp i r i c a De v e l o pme n t s i s a p r i v a t e p r o p e r t y d e v e l o pme n t a n d i n v e s t me n t g r o u p s p e c i a l i s i n g i n t h e a c q u i s i t i o n , i n v e s t me n t a n d d e v e l o pme n t o f s t r a t e g i c p r o p e r t i e s t h r o u g h o u t Au s t r a l i a . T h e c omp a n y wa s e s t a b l i s h e d i n 2 0 0 8 w i t h t h e a i m t o i n i t i a t e a n d d e l i v e r s u s t a i n a b l e h i g h - q u a l i t y p r o j e c t s t h r o u g h e n g a g eme n t w i t h l o c a l c ommu n i t i e s a n d s t a k e h o l d e r s . T h e g r o u p n ow p r o u d l y s h owc a s e s a d i v e r s e p o r t f o l i o i n r e t a i l , c omme r c i a l , e d u c a t i o n a l , i n d u s t r i a l a n d r e s i d e n t i a l p r o p e r t i e s .
T h e Emp i r i c a Te am
Pe t e r Vo l k
Peter Vo l k i s a co- founder and di rector of the Empi r i ca Group. Peter br i ngs to the ro l e more than 30 years of exper i ence i n the proper ty and managed i nvestments i ndust ry. P r i o r t o e s t a b l i s h i n g t h e Emp i r i c a G r o u p , P e t e r h a s p r e v i o u s l y h e l d e x e c u t i v e p o s i t i o n s i n c omp a n i e s s u c h a s Ra y Wh i t e I n v e s t , a n d Qu e e n s l a n d I n d u s t r y De v e l o pme n t Co r p o r a t i o n ( Q I DC ) .
Qu a l i f i c a t i o n s : • G r a d u a t e D i p l oma i n P r o j e c t Ma n a g eme n t - Qu e e n s l a n d Un i v e r s i t y o f Te c h n o l o g y • Ba c h e l o r o f Bu s i n e s s - Qu e e n s l a n d Un i v e r s i t y o f Te c h n o l o g y
Memb e r s h i p s : • Au s t r a l i a n I n s t i t u t e o f Comp a n y D i r e c t o r s , • Au s t r a l i a n So c i e t y o f Ce r t i f i e d P r a c t i c i n g A c c o u n t a n t s
M i c h a e l O ’ Co n n o r
Ch r i s Vo l k
M i c h a e l i s a c o - f o u n d e r a n d d i r e c t o r o f t h e Emp i r i c a G r o u p and has over 35 years’ experience in the real estate, and p r o p e r t y i n d u s t r y. P r i o r t o e s t a b l i s h i n g t h e Emp i r i c a G r o u p , M i c h a e l a c t e d i n a c o n s u l t i n g c a p a c i t y, p r o v i d i n g v a l u a t i o n a n d prope r t y adv i sor y se r v i ces t o ma j or corpor a t e c l i en t s . M i c h a e l h a s a l s o b e e n a r e g i s t e r e d v a l u e r a n d h a s wo r k e d i n t h e valuation and finance industry. He has also undertaken deve l opment pro jects in h i s own r ight pr ior to establi sh i ng Empi r i ca.
Ch r i s j o i n e d Emp i r i c a a s a d i r e c t o r i n 2 0 1 6 . Ch r i s h a s a p r o v e n t r a c k r e c o r d i n a s s e t a n d d e v e l o pme n t ma n a g eme n t b e i n g p r e v i o u s l y emp l o y e d b y C i t i ma r k P r o p e r t i e s a n d Kn i g h t F r a n k Au s t r a l i a . Ch r i s i s s k i l l e d i n a c q u i s i t i o n , l e a s i n g , v a l u a t i o n a n d f i n a n c e .
Qu a l i f i c a t i o n s : • Ba c h e l o r o f U r b a n De v e l o pme n t ( P r o p e r t y E c o n om i c s , F i n a n c e & A c c o u n t i n g ) - Qu e e n s l a n d Un i v e r s i t y o f Te c h n o l o g y
Qu a l i f i c a t i o n s : • P r o p e r t y Va l u a t i o n RM I T ( 1 9 8 5 ) • Re a l E s t a t e L i c e n c e
Ma t t Vo l k
N i c k Vo l k
Ma t t Vo l k i s a c o - f o u n d e r a n d d i r e c t o r o f t h e Emp i r i c a Group . Ma t t br i ngs t o t he ro l e more t han 14 yea r s o f e x p e r i e n c e i n t h e p r o p e r t y v a l u a t i o n a n d d e v e l o pme n t i n d u s t r y. P r i o r t o e s t a b l i s h i n g t h e Emp i r i c a G r o u p , Ma t t h e l d De v e l opme n t Ma n a g eme n t r o l e s w i t h i n Wa t p a c De v e l o pme n t s a n d Mu l t i p l e x De v e l o pme n t s .
N i c k J o i n e d Emp i r i c a i n 2 0 1 8 a s a De v e l o pme n t Ma n a g e r. N i c k h a s a d emo n s t r a t e d h i s t o r y i n t h e c omme r c i a l r e a l e s t a t e i n d u s t r y wo r k i n g f o r b o t h Co l l i e r s I n t e r n a t i o n a l a n d Kn i g h t F r a n k Au s t r a l i a . N i c k h a s a s t r o n g p r o p e r t y b a c k g r o u n d a n d i s s k i l l e d i n n e g o t i a t i o n , s a l e s , l e a s i n g , a n d r e a l e s t a t e t r a n s a c t i o n s .
Qu a l i f i c a t i o n s : • Ba c h e l o r o f U r b a n De v e l o pme n t ( P r o p e r t y E c o n om i c s , P r o j e c t Ma n a g eme n t & Ma r k e t i n g ) - Qu e e n s l a n d Un i v e r s i t y o f Te c h n o l o g y
Qu a l i f i c a t i o n s : • Ba c h e l o r o f S c i e n c e ( P r o p e r t y E c o n om i c s ) – Qu e e n s l a n d Un i v e r s i t y o f Te c h n o l o g y
Au r a Bu s i n e s s Pa r k P r e c i n c t 3 Bu s i n e s s & I n d u s t r y De v e l o pme n t
INDUSTRIAL CONNECTOR ROAD 29.0M WIDE
LOT 04
STRATA OFFICE
P
FAST FOOD
P
LOT 05
P
FAST FOOD
T h e Au r a ma s t e r p l a n n e d c ommu n i t y v i s i o n a n d p r e c i n c t i n t e n t h a v e b e e n c a r e f u l l y c o n s i d e r e d t o i d e n t i f y a p p r o p r i a t e u s e s f o r t h e s u b j e c t p r o p e r t y. T h e Re t a i l G r o u p A r c h i t e c t s ( TRG ) h a v e b e e n i n s t r u c t e d b y Emp i r i c a t o p r e p a r e a p r e l i m i n a r y s i t e ma s t e r p l a n . T h e ma s t e r p l a n s e e k s t o i n t e g r a t e t h e s i t e w i t h i n t h e b u s i n e s s p a r k p r e c i n c t a n d c o n n e c t s e am l e s s l y t h e p r o p o s e d u s e s w i t h i n t h e p l a n n e d s u p e r l o t . T h e ma s t e r p l a n p r o p o s e s c o n v e n i e n c e a n d s e r v i c e u s e s t o a c t i v a t e r o a d f r o n t a g e s wh i l e ma x i m i s i n g u t i l i t y o f r e c e n t l y c omp l e t e d a n d p l a n n e d i n f r a s t r u c t u r e . T h e p r o p o s e d u s e s wi t h i n t he conven i ence and se r v i ce ove r f l ow s l eev i ng i n c l u d e :
I N T E R N A L R O A D
P
P
P
LOT 08
CAR WASH & CAR HIRE
P
LOT 03
LIGHT INDUSTRIAL
• S e r v i c e S t a t i o n • F a s t F o o d • Ca r wa s h
STRATA OFFICES RESEARCH & TRAINING
FAST FOOD
CAR HIRE
• Ty r e a n d Au t o F a c i l i t i e s • Ca r h i r e a n d a c c e s s o r i e s
P PARKING
TYRE & AUTO SERVICE FUEL STATION
CAR WASH
INDUSTRIAL UNITS
LIGHT INDUSTRIAL
PYLON SIGNAGE
I t i s e n v i s i o n e d s u p p l eme n t a r y b a l a n c e u s e s w i l l c omp r i s e :
T h e t e am a t Emp i r i c a h a v e r e c e n t l y c omp l e t e d a n d d e l i v e r e d k e y p r o j e c t s o f a s i m i l a r n a t u r e i n So u t h E a s t Qu e e n s l a n d t o b o t h p r i v a t e i n v e s t me n t a n d i n s t i t u t i o n a l ma r k e t s . We a n t i c i p a t e t h e p r o p o s e d d e v e l o pme n t w i l l a t t r a c t s i g n i f i c a n t i n v e s t me n t i n t o t h e Au r a ma s t e r p l a n n e d c ommu n i t y p r o v i d i n g emp l oymen t and g rea t e r oppo r t un i t y t o res i den t s . The p roposed uses wi l l se r v i ce bo t h res i den t s and v i s i t o r s .
• Comme r c i a l o f f i c e • Comme r c i a l l i g h t i n d u s t r y • Re s e a r c h a n d t r a i n i n g f a c i l i t i e s • Po t e n t i a l o v e r f l ow c ommu n i t y u s e s
L o c a t i o n
P r o x i m i t y To S i t e
TO SUNSHINE COAST
BUSINESS Caloundra CBD – 8km
COOLUM
CONSERVATION AREA
SUNSHINE COAST MAJOR PROJECTS
PUBLIC TRANSPORT & ACCESS Bells Creek Arterial from Caloundra Road to Baringa Future Bells Creek Arterial from Baringa to Bruce Highway Future Sunbus bus services to Baringa and surrounding regional areas Sunshine Coast Airport – 38km
SUNSHINE COAST AIRPORT 2,230 jobs
FUTURE BUSINESS PARK
NAMBOUR
Brisbane CBD – 90km Brisbane Airport – 90km SHOPPING & SERVICES
MAROOCHYDORE
SUNCENTRAL
4,000 residents 15,000 jobs
District retail centre with supermarket, tavern, medical and specialty shops Bellvista Marketplace – 2km Stockland Caloundra Shopping Centre – 7km Caloundra CBD – 8km EDUCATION State primary school – Opening 2018 State high school Early learning centre MEDICAL Bellvista Family Medical Practice – 2km Caloundra Hospital – 6km Sunshine Coast University Hospital – 12km Sunshine Coast University Private Hospital – 12km ENVIRONMENTAL
BUDERIM
MOOLOOLABA
PALMVIEW
17,000 residents 9,000 jobs
FUTURE ROAD CONNECTION
Y
SUNSHINE COAST UNIVERSITY HOSPITALS 5,000 jobs
FUTURE ROAD CONNECTION
FUTURE SHOWROOMS
9,000 residents 12,000 jobs
400 hectare Conservation Zone Environmental Education Centre Lamerough Creek Reserve Blackbutt Forest Bells Creek North Pumicestone Passage – 7km ENTERTAINMENT District retail centre with cafes and specialty shops PARKS & OPEN SPACES 5 local parks and playgrounds 4 hectare neighbourhood sports park 715 hectare regional sports fields 10 hectare regional recreation park Caloundra beaches – 9km COMMUNITY CENTRES Civic plaza and community centre Sporting clubhouse at neighbourhood sports park Bellvista Tavern – 2km Caloundra CBD – 8km
FUTURE SHOWROOMS
*SITE
BRUCE HWY UPGRADE
LANDSBOROUGH
CALOUNDRA
FUTURE SHOWROOMS
20,000 jobs 50,000 RESIDENTS JOBS DEVELOPMENT L PE
SPORTS GROUND
CONSERVATION AREA
BEERWAH
FUTURE ROAD CONNECTION
BEERWAH EAST
LEGEND
CAMCOS alignment Sunshine Coast train line Major projects Bruce Highway Upgrade
CONSERVATION AREA
TO BRISBANE
Source: Stockland, Urbis, Cordell Connect, Project Websites
Source: Stockland, Urbis, Cordell Connect, Project Websites
S t r a t a O f f i c e s + Ed u c a t i o n & Re s e a r c h L o t 0 1
I n d u s t r i a l Un i t s L o t 0 2
LOT AREA 7825m² STRATA OFFICES 3000m² GFA RESEARCH FACILITY 2500m² GFA
LOT AREA 12630m² INDUSTRIAL UNITS 5120m² GFA UNITS ranging from 125m² - 300m² GFA
L i g h t I n d u s t r y L o t 0 3
F a s t F o od / D r i v e - T h r u L o t 0 4 & L o t 0 5
LOT 4 AREA 3340m² FAST FOOD 500m² GFA
LOT AREA 16260m²
LOT 5 AREA 2695m² FAST FOOD 280m² GFA
INDUSTRIAL UNITS 750m² - 2000m² GFA TOTAL 7700m² GFA
F u e l + F a s t F o od L o t 0 6
Ty r e & Au t o Se r v i c e Ce n t r e L o t 0 7
LOT AREA 2695m² FAST FOOD 300m² GFA FUEL 220m² GFA
LOT AREA 2140m² TYRE & AUTO SERVICE CENTRE 530m² GFA
Ca r Wa s h & Ca r H i r e L o t 0 8
LOT AREA 4165m² CAR WASH 500m² GFA CAR HIRE 100m² GFA
Ke y Co n s u l t a n t s
Edg e PM
Ed g e P r o j e c t Ma n a g eme n t ( Ed g e PM ) wa s e s t a b l i s h e d i n 2 0 0 7 t o p r o v i d e p r o f e s s i o n a l e n d - t o - e n d P r o j e c t Ma n a g eme n t a n d Te n a n c y Co o r d i n a t i o n S e r v i c e s t o t h e P r o p e r t y I n d u s t r y. Ov e r t h e p a s t e l e v e n y e a r s we h a v e s u c c e s s f u l l y d e l i v e r e d o v e r $ 4 0 0m o f p r o j e c t s i n t h e f o l l ow i n g s e c t o r s : • Comme r c i a l O f f i c e • L i g h t I n d u s t r i a l • Re t a i l • Bu i l d i n g S e r v i c e s E n g i n e e r i n g
TRG A r c h i t e c t s
TRG h a v e b e e n i n v o l v e d i n r e t a i l , c omme r c i a l , a n d i n d u s t r i a l p r o j e c t s i n c l u d i n g r e t a i l f o o d d e s i g n a n d f u e l s i t e s f o r mo r e t h a n 2 0 y e a r s . Mo r e r e c e n t l y TRG Qu e e n s l a n d h a v e h a d s i g n i f i c a n t i n v o l v eme n t i n f a s t f o o d a n d f u e l s i t e d e v e l o pme n t s wh i c h i n c l u d e o u r own i n - h o u s e f u e l d e s i g n s p e c i a l i s t a n d p r o j e c t ma n a g e r. TRG o f f e r s i n n o v a t i v e s o l u t i o n s a n d t a i l o r e d d e s i g n t o s u i t s p e c i f i c p r o j e c t r e q u i r eme n t s w i t h ma n y r e p e a t c l i e n t s a n d d e v e l o p e r s . Ou r F u e l a n d A r c h i t e c t u r a l De s i g n c a p a b i l i t i e s i n c l u d e p r e p a r i n g n a t i o n a l d e s i g n s t a n d a r d s f o r k e y f u e l o p e r a t o r s . T h e f i r m h a s s u c c e s s f u l l y d e l i v e r e d mu l t i - l e v e l p r o f e s s i o n a l o f f i c e b u i l d i n g s , l a r g e s c a l e s h o p p i n g c e n t r e d e v e l o pme n t s , s u p e r ma r k e t s , p e t r o l s t a t i o n s , v a r i o u s c h a i n a n d f a s t f o o d r e s t a u r a n t s , wa r e h o u s e a n d l a r g e s p a n p o r t a l f r ame d e s i g n , a n d b u l k y g o o d s t e n a n c i e s . TRG wo r k s v e r y c l o s e l y w i t h o u r c l i e n t s , u n d e r s t a n d i n g t h e i r n e e d s a n d c o n s t r a i n t s , a l o n g w i t h t h e s i t e d a t a a n d c o n d i t i o n s , we w i l l a s s e s s a n d o f f e r a d v i c e o n t h e b e s t o p t i o n / s f o r t h e s i t e a n d s e t p r i o r i t i e s s p e c i f i c t o e a c h p r o j e c t . TRG Qu e e n s l a n d i s c u r r e n t l y e n g a g e d b y Emp i r i c a De v e l o pme n t s t o p r o v i d e a d e s i g n s o l u t i o n f o r t h e i r 2 . 4 h a mu l t i - u s e r e t a i l , b u l k y g o o d s , a n d l i g h t i n d u s t r i a l s i t e l o c a t e d a t E x i t 5 4 Co ome r a wh i c h i s d u e f o r c omp l e t i o n i n 2 0 1 9 . T h e s i t e h a s b o t h e c o l o g i c a l a n d v e h i c l e a c c e s s c o n s t r a i n t s . TRG c o n t i n u e s t o c o l l a b o r a t e w i t h Emp i r i c a o n v a r i o u s p r o j e c t s a n d a r e e x c i t e d b y t h e o p p o r t u n i t y t o b e p a r t o f t h e p r o j e c t t e am f o r t h e b u s i n e s s & i n d u s t r y l o t w i t h i n t h e n ew S t o c k l a n d Au r a ma s t e r- p l a n n e d c ommu n i t y.
Ou r l i s t o f p a s t a n d p r e s e n t C l i e n t s i n c l u d e s t h e f o l l ow i n g :
• Wo o l wo r t h s L i m i t e d • Co l e s G r o u p P r o p e r t y • S a n t o s • M i r v a c Re a l E s t a t e • Emp i r i c a De v e l o pme n t s • Su n c o r p Ba n k • I n v e s t a P r o p e r t y G r o u p • B r i s b a n e A i r p o r t Co r p o r a t i o n • Qu e e n s l a n d Ra i l • De p t Tr a n s p o r t a n d Ma i n Ro a d s • Ma c q u a r i e Co u n t r yw i d e Re t a i l Tr u s t • I NG • AP I A I n s u r a n c e • EMC • Ba r A s s o c i a t i o n o f QLD • Go o dma n G r o u p
I n t h e p a s t t h r e e y e a r s we h a v e b e e n e n g a g e d b y Emp i r i c a Ho l d i n g s t o d e l i v e r t h r e e r e t a i l p r o j e c t s i n So u t h E a s t Qu e e n s l a n d , a l l o f wh i c h we r e s u c c e s s f u l l y d e l i v e r e d t o s c h e d u l e a n d w i t h i n t h e a l l o c a t e d b u d g e t .
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Hu t c h i n s o n Bu i l d e r s
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We a s a n o f f i c e , Go l d Co a s t Hu t c h i n s o n Bu i l d e r s h a v e c omp l e t e d 2 s u c c e s s f u l p r o j e c t s w i t h t h e Emp i r i c a Te am , l i s t e d b e l ow ;
Ba l ma i n i s a b r o a d b a s e d f i n a n c i a l s e r v i c e s o r g a n i s a t i o n , w i t h a c t i v i t i e s s p a n n i n g c omme r c i a l mo r t g a g e f i n a n c e ( b o t h a r r a n g i n g a n d l e n d i n g ) a n d i n v e s t me n t f u n d s ma n a g eme n t . Ba l ma i n i s t h e r e g i o n ’s l e a d i n g n o n - b a n k c omme r c i a l l o a n ma n a g e r, w r i t i n g i n e x c e s s o f $ 2 . 0 b i n c omme r c i a l l o a n s a n n u a l l y a s b o t h l e n d e r a n d b r o k e r. W i t h o v e r 3 0 y e a r s o f e x p e r i e n c e a n d $ 2 b i n a s s e t s u n d e r ma n a g eme n t , Ba l ma i n h a s a p r o v e n t r a c k r e c o r d t h a t e n c omp a s s e s a l l a s p e c t s o f t h e c omme r c i a l l o a n l i f e c y c l e i n c l u d i n g s i g n i f i c a n t f u n d i n g l i n e s t o s u p p o r t c omme r c i a l p r o j e c t s . Ba l ma i n h a s h a d a f i n a n c i a l r e l a t i o n s h i p w i t h t h e Emp i r i c a G r o u p a s b o t h a d i r e c t l e n d e r a n d b r o k e r o f d e b t f o r o v e r 1 1 y e a r s . Du r i n g t h i s p e r i o d we h a v e a r r a n g e d o r p r o v i d e d d e b t f i n a n c e f o r p r o j e c t s i n e x c e s s o f $ 1 6 0m f o r t h e G r o u p a c r o s s Re t a i l , Comme r c i a l a n d Re s i d e n t i a l a s s e t s . We c o n t i n u e t o p r o v i d e f i n a n c i a l s u p p o r t t o Emp i r i c a o n v a r i o u s p ro j ec t s and have d i scussed t he Au r a p ro j ec t a t l eng t h and l ook f o r wa r d t o c o n t i n u i n g o u r f i n a n c i a l r e l a t i o n s h i p w i t h Emp i r i c a o n t h i s p r o j e c t .
• A s hmo r e M i x e d u s e c omme r c i a l / r e t a i l / f u e l d e v e l o pme n t – O l s e n Av e n u e • E x i t 5 4 Tr a v e l Ce n t r e – F u e l & F a s t F o o d De v e l o pme n t – E x i t 5 4 Co ome r a Bo t h p r o j e c t s we r e a dm i n i s t e r e d b y a n E x t e r n a l P r o j e c t Ma n a g e r. We c o n t i n u e t o wo r k w i t h Emp i r i c a o n a n umb e r o f p o t e n t i a l d e v e l o pme n t s i t e s p r o v i d i n g p r e l i m i n a r y b u i l d a b i l i t y & c o s t i n g a d v i c e . We h a v e f o u n d o u r d e a l i n g s w i t h Emp i r i c a t o b e p r o f e s s i o n a l a n d r ewa r d i n g a t a l l t i me s . Emp i r i c a De v e l o pme n t s h a v e a s t r o n g wo r k i n g h i s t o r y w i t h Hu t c h i n s o n Bu i l d e r s o u t s i d e o u r o f f i c e wh i c h we h a v e c o n t i n u e d t o g r ow u p o n . T h e i r e x p e r i e n c e a n d d e l i v e r y me t h o d s a r e c e r t a i n l y c omp l i me n t a r y t o t h e wa y we do bu s i n e s s , we c omf o r t ab l y r e c omme n d t h e i r i n v o l v eme n t i n a n y p r o j e c t o r l a n d a c q u i s i t i o n p r o c e s s .
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