IPSWICH
CITY
COUNCIL
AGENDA
Economic and Cultural Development Committee
Tuesday, 13 August 2024
10 minutes after the conclusion of the Community and Sport Committee or such later time as determined by the preceding committee
Council Chambers, Level 8
1 Nicholas Street, Ipswich
MEMBERS OF THE Economic and Cultural Development Committee |
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Councillor Pye Augustine (Chairperson) Councillor David Cullen (Deputy Chairperson) |
Mayor Teresa Harding Deputy Mayor Nicole Jonic Councillor Andrew Antoniolli |
Economic and Cultural Development Committee Meeting Agenda |
13 August 2024 |
Economic and Cultural Development Committee AGENDA
Item No. |
Item Title |
Page No. |
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Welcome to Country or Acknowledgment of Country |
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Declarations of Interest |
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Business Outstanding |
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Confirmation of Minutes |
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1 |
Confirmation of Minutes of the Economic and Cultural Development Committee No. 2024(02) of 16 July 2024 |
7 |
2 |
Confirmation of Minutes of the Special Meeting of the Economic and Cultural Development Committee No. 2024(03) of 25 July 2024 |
17 |
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Officers’ Reports |
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3 |
Galvanized - A festival Of Heritage 2024 Preview |
21 |
4 |
Nicholas Street Precinct - July 2024 Retail Sub-Project Steering Committee Report |
26 |
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Notices of Motion |
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Matters Arising |
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** Item includes confidential papers
Economic and Cultural Development Committee NO. 2024(03)
13 August 2024
AGENDA
Welcome to Country or Acknowledgement of Country
DECLARATIONS OF INTEREST IN MATTERS ON THE AGENDA
BUSINESS OUTSTANDING
Confirmation of Minutes
1. Confirmation of Minutes of the Economic and Cultural Development Committee No. 2024(02) of 16 July 2024
Recommendation
That the minutes of the Economic
and Cultural Development Committee held on
16 July 2024 be confirmed.
2. Confirmation of Minutes of the Special Meeting of the Economic and Cultural Development Committee No. 2024(03) of 25 July 2024
Recommendation
That the minutes of the Special Economic and Cultural Development Committee meeting held on 25 July 2024 be confirmed.
Officers’ Reports
3. Galvanized - A festival Of Heritage 2024 Preview
This is a report concerning
Galvanized – A Festival of Heritage which runs over
11 days across the city from 29 August – 8 September. The 2024 program
curates
30 events, tours, workshops, open days and experiences allowing visitors and
residents the opportunity to connect with the heritage and history of the city.
Recommendation
That the preview report for the Galvanized – A Festival of Heritage 2024 to be received and contents noted.
4. Nicholas Street Precinct - July 2024 Retail Sub-Project Steering Committee Report
This is a report concerning the July 2024 Retail Sub-Project Steering Committee focussing on the status of the leasing program and associated developments for the retail component of the Nicholas Street Precinct redevelopment.
Recommendation
That the July 2024 Retail Sub-Project Steering Committee Report be received and the contents noted.
NOTICES OF MOTION
MATTERS ARISING
Economic and Cultural Development Committee Meeting Agenda |
13 August 2024 |
Economic and Cultural Development Committee NO. 2024(02)
16 July 2024
Minutes
COUNCILLORS’ ATTENDANCE:
Councillor Pye Augustine (Chairperson); Councillors David Cullen (Deputy Chairperson) (via audio-link), Mayor Teresa Harding, Deputy Mayor Nicole Jonic, Andrew Antoniolli, Marnie Doyle (Observer) and Jim Madden (Observer)
COUNCILLOR’S APOLOGIES:
Nil
OFFICERS’ ATTENDANCE:
Chief Executive Officer (Sonia Cooper), General Manager Community, Cultural and Economic Development (Ben Pole), General Manager Corporate Services (Matt Smith), General Manager Asset and Infrastructure Services (Matt Anderson), Acting General Manager Environment and Sustainability (Phil A Smith), Chief of Staff – Office of the Mayor (Melissa Fitzgerald), Economic Development Manager (Dan Heenan), Place Manager – Ipswich Central (Erin Marchant), Acting Disaster and Natural Hazards Manager (Kristie Mckenna), Manager Marketing and Promotions (Carly Gregory), Precinct Governance Manager (Mitchell Grant), Resource Recovery Manager (David McAlister) and Theatre Technician (Harrison Cate)
Adjourn Meeting |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That the meeting be adjourned at 12.01 pm to reconvene at 12.30 pm. |
AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried.
The meeting reconvened at 12.32 pm. |
All councillors except Councillor Antoniolli were present when the committee reconvened.
Acknowledgement of Country
Councillor Pye Augustine (Chairperson) delivered the Acknowledgement of Country
DECLARATIONS OF INTEREST IN MATTERS ON THE AGENDA
In accordance with section 150EQ of the Local Government Act 2009, Deputy Mayor Nicole Jonic informed the meeting that she has a declarable conflict of interest in Item 4 titled Quarterly Event Sponsorship and Ticket Allocation Report.
The nature of the declarable conflict of interest is that Deputy Mayor Jonic is a life member of the Willowbank Raceway.
Deputy Mayor Nicole Jonic invited the other councillors to determine if she can continue to participate in the decision process.
It was moved by Mayor Teresa Harding and seconded by Councillor Pye Augustine that Deputy Mayor Nicole Jonic does not have a declarable conflict in Item 4 titled Quarterly Event Sponsorship and Ticket Allocation Report because there is no personal or financial benefit to Deputy Mayor Jonic and therefore a reasonable person would trust that the final decision is made in the public interest.
The eligible councillors present at the meeting decided that Deputy Mayor Nicole Jonic may participate in the meeting in relation to the matter, including by voting on the matter.
AFFIRMATIVE NEGATIVE
Councillors: Councillors:
Augustine
Cullen
Harding
Deputy Mayor Jonic did not take part in the vote.
The motion was put and carried.
At Item 3 titled Event Sponsorship - 2024 Indigenous Wild Food and Cultural Festival, Deputy Mayor Nicole Jonic made a declaration.
BUSINESS OUTSTANDING
Nil
Confirmation of Minutes
1. Confirmation of Minutes of the Economic and Cultural Development Committee No. 2024(01) of 11 June 2024 |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That the minutes of the Economic and Cultural Development Committee held on 11 June 2024 be confirmed.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic
The motion was put and carried.
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2. Confirmation of Minutes of the Special Meeting of the Economic and Cultural Development Committee No. 2024(02) of 20 June 2024 |
Recommendation Moved by Councillor Pye Augustine: Seconded by Deputy Mayor Nicole Jonic: That the minutes of the Special Economic and Cultural Development Committee meeting held on 20 June 2024 be confirmed.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic
The motion was put and carried.
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Councillor Antoniolli arrived at the meeting at 12.37 pm.
Officers’ Reports
In accordance with section 150EQ of the Local Government Act 2009, Councillor Nicole Jonic informed the meeting that she has a declarable conflict of interest in Item 3 titled Event Sponsorship – 2024 Indigenous Wild Food and Cultural Festival.
The nature of the interest is that the location proposed for the event is at the Ipswich Turf Club and she is on the board of the Ipswich Turf Club.
Deputy Mayor Nicole Jonic came to the conclusion that because of the nature of the conflict, she will exclude herself from the meeting while this matter is debated and the vote taken.
Deputy Mayor Nicole Jonic left the meeting at 12.42 pm.
3. Event Sponsorship - 2024 Indigenous Wild Food and Cultural Festival This is a report concerning an Event Sponsorship Application by We Care Aboriginal and Torres Strait Islanders for Aged and Disabled Associated Incorporated for $30,000 ex GST financial support of the Indigenous Wild Food & Cultural Festival on Saturday 31 August 2024 at the Ipswich Turf Club. |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That We Care Aboriginal and Torres Strait Islanders for Aged and Disabled Associated Incorporated receive $21,500 excl. GST financial support for the 2024 Indigenous Wild Food & Cultural Festival.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Antoniolli All Councillors except Deputy Mayor Nicole Jonic were present when the vote was taken.
The motion was put and carried.
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Deputy Mayor Nicole Jonic returned to the meeting at 12.48 pm.
4. Quarterly Event Sponsorship and Ticket Allocation Report This is a report concerning event sponsorship approved in the period of 1 April 2024 to 30 June 2024 as required under the Event Sponsorship Policy.
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Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: A. That Council receive and note the following event sponsorship allocations during the 1 April 2024 to 30 June 2024 period:
Major Community Event Sponsorship Category 1 up to $15,000 excl. GST approved by the General Manager, Community Culture and Economic Development:
· Ipswich District Teacher-Librarian Network $13,636 (excl. GST) in cash support for the StoryArts Festival Ipswich 2024
Event Sponsorship Category 2 over $15,000 (excl. GST) endorsed by Council:
· Willowbank Raceway $35,000 (excl. GST) in cash support for the 2024 Gulf Western Oil Winternationals B. That Council receive and note that no event impact study support was confirmed during the 1 April 2024 to 30 June 2024 period C. That Council receive and note that there were no event sponsorship ticket allocations made during the 1 April 2024 to 30 June 2024 period
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried.
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5. Ipswich Central Revitalisation - Six monthly Report - June 2024 This is a report concerning the Ipswich Central Revitalisation, a catalyst project identified in the iFuture Corporate Plan 2021-2026. This report highlights the progress that has been made since November 2023 and showcases key deliverables and case studies.
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Recommendation Moved by Councillor Pye Augustine: Seconded by Councillor Andrew Antoniolli: That the report concerning the Ipswich Central Revitalisation progress since November 2023 be received and the contents noted.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried.
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6. Nicholas Street Precinct - June 2024 Retail Sub-Project Steering Committee Report This is a report concerning the June 2024 Retail Sub-Project Steering Committee focussing on the status of the leasing program and associated developments for the retail component of the Nicholas Street Precinct redevelopment.
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Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That the June 2024 Retail Sub-Project Steering Committee Report be received and the contents noted.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried.
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Move into Closed Session |
Recommendation Moved by Councillor Pye Augustine: Seconded by Deputy Mayor Nicole Jonic: That in accordance with
section 254J(3)(c, g and i) of the Local Government Regulation 2012,
the meeting move into closed session to discuss Item 7 titled Nicholas Street
Precinct – Approval of a Lease for Upper Ground Floor The meeting moved into closed session at 1.08 pm. |
AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried. |
Move into Open Session |
Recommendation Moved by Councillor Pye Augustine: Seconded by Councillor Andrew Antoniolli: That the
meeting move into open session. |
AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried.
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7. Nicholas Street Precinct - Approval of a Lease for Upper Ground Floor 143 Brisbane Street This is a report concerning a lease for Council’s consideration associated with the Upper Ground Floor Tenancy at 143 Brisbane Street, Nicholas Street Precinct, Ipswich.
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“The attachment/s to this report are confidential in accordance with section 254J(3)(c), (g), (i) of the Local Government Regulation 2012.” |
Recommendation Moved by Councillor Pye Augustine: Seconded by Councillor Andrew Antoniolli: A. That Council enter into a Lease (and any ancillary documentation) with the proposed lessee of the Tenancy Upper Ground Level, 143 Brisbane Street (impacting Lots 1 and 2 on RP50109) (“Tenancy Upper Ground Level”) within the Nicholas Street Precinct (under the commercial terms detailed in the confidential report and attachments by the Leasing Manager dated 4 July 2024). B. That Council note, that in relation to Council’s disposal of its leasehold interest in the Tenancy Upper Ground Level to the proposed lessee, that the Ministerial exemption under s236 (f) of the Local Government Regulation 2012 applies to the disposal of Council’s interest in the Tenancy Upper Ground Level (Ministerial exemption contained in Attachment 1 of this report). C. That pursuant to Section 257(1)(b) of the Local Government Act 2009, Council resolve to delegate to the Chief Executive Officer the power to take “contractual action” pursuant to section 238 of the Regulation, in order to implement Council’s decision at Recommendation A. D. That Council be kept informed as to the progress and outcome of the execution and publication of details.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Jonic Antoniolli
The motion was put and carried. |
NOTICES OF MOTION
Nil
MATTERS ARISING
Nil
PROCEDURAL MOTIONS AND FORMAL MATTERS
The meeting commenced at 12.00 pm.
The meeting closed at 1.24 pm.
Economic and Cultural Development Committee Meeting Agenda |
13 August 2024 |
Special Meeting of the Economic and Cultural Development
Committee NO. 2024(03)
25 July 2024
Minutes
COUNCILLORS’ ATTENDANCE:
Councillor Pye Augustine (Chairperson); Councillors David Cullen (via audio-link), Mayor Teresa Harding, Councillor Andrew Antoniolli and Councillor Marnie Doyle (Observer)
COUNCILLOR’S APOLOGIES:
Nil
OFFICERS’ ATTENDANCE:
Sonia Cooper (Chief Executive Officer), Ben Pole (General Manager, Community, Cultural and Economic Development), Jodie Richter (Senior Policy and Communications Officer), Melissa Fitzgerald (Chief of Staff, Office of the Mayor), Jeff Keech (Chief Financial Officer), Melissa Annis (Leasing Manager), Mitchell Grant (Precinct Governance Manager), Brett Davey (General Manager, Planning and Regulatory Services) and Harrison Cate (Theatre Technician)
Acknowledgement of Country
Councillor Augustine (Chairperson) delivered the Acknowledgement of Country
DECLARATIONS OF INTEREST IN MATTERS ON THE AGENDA
Nil
BUSINESS OUTSTANDING
Nil
Officers’ Reports
Move into Closed Session |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That in accordance with
section 254J(3)(c, g and i) of the Local Government Regulation 2012,
the meeting move into closed session to discuss Item 1 titled Nicholas
Street Precinct - Approval of an Agreement for Lease for Tenancy T2 venue (37
Nicholas Street).
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Antoniolli
The motion was put and carried. |
Move into Open Session |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: That the meeting move into
open session. |
AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Antoniolli
The motion was put and carried. |
1. Nicholas Street Precinct - Approval of an Agreement for Lease for Tenancy T2 Venue (37 Nicholas Street) This is a report concerning an
Agreement for Lease for Council’s consideration associated with Tenancy
T2 on the ground level of the Venue building at
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“The attachment/s to this report are confidential in accordance with section 254J(3)(c), (g), (i) of the Local Government Regulation 2012.” |
Recommendation Moved by Councillor Pye Augustine: Seconded by Mayor Teresa Harding: A. That Council enter into an Agreement for Lease and associated documentation of the Agreement for Lease with the proposed lessee for Tenancy T2 of the Venue Building (impacting part of Lot 1 on RP209886) (“Tenancy T2”) within the Nicholas Street Precinct (under the commercial terms detailed in the confidential report and attachments by the Leasing Manager dated 15 July 2024). B. That
conditional upon Council satisfactorily executing the Agreement to Lease with
the proposed lessee, (contained in recommendation A of this report), Council
enter into a lease for Tenancy T2 with the proposed lessee (as
detailed in the confidential report and attachments by the Leasing Manager dated C. That Council note, in relation to Council’s disposal of its leasehold interest in the Tenancy T2 to the proposed lessee, that the Ministerial exemption under s236 1(f) of the Local Government Regulation 2012 applies to the disposal of Council’s interest in Tenancy T2 (Ministerial exemption contained in Attachment 1 of this report). D. That pursuant to Section 257(1)(b) of the Local Government Act 2009, Council resolve to delegate to the Chief Executive Officer the power to take “contractual action” pursuant to section 238 of the Regulation, in order to implement Council’s decision at Recommendation A and B. E. That Council be kept informed as to the progress and outcome of the execution and publication of details.
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AFFIRMATIVE NEGATIVE Councillors: Councillors: Augustine Nil Cullen Harding Antoniolli
The motion was put and carried.
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NOTICES OF MOTION
Nil
MATTERS ARISING
Nil
PROCEDURAL MOTIONS AND FORMAL MATTERS
The meeting commenced at 8.18 am.
The meeting closed at 8.40 am.
Economic and Cultural Development Committee Meeting Agenda |
13 August 2024 |
ITEM: 3
SUBJECT: Galvanized - A festival Of Heritage 2024 Preview
AUTHOR: City Events Manager
DATE: 26 July 2024
This is a report concerning Galvanized – A Festival of Heritage which runs over 11 days across the city from 29 August – 8 September. The 2024 program curates 30 events, tours, workshops, open days and experiences allowing visitors and residents the opportunity to connect with the heritage and history of the city.
That the preview report for the Galvanized – A Festival of Heritage 2024 to be received and contents noted.
RELATED PARTIES
There are no discernible related party conflicts of interest associated with this report and its recommendation.
ifuture Theme
Vibrant and Growing
Purpose of Report/Background
Council’s delivery of regionally significant festivals is a direct outcome and delivery action of the City Events Plan:
- Attract, support and produce a diverse program of annual events that engage the community, promote Ipswich as a destination, drive visitation and positively impact on business and industry.
Council’s delivery of regional significant festivals is a direct outcome and delivery action of the Ipswich Economic Development Strategy:
- Deliver the City Events Plan of annual events to promote Ipswich as a destination, drive visitation and maximise local expenditure.
Galvanized – A Festival of
Heritage returns to the city from Thursday 29 August to Sunday
8 September 2024 as part of Council’s annual City Events Plan.
This 11-day city-wide festival showcases some of the best heritage experiences Ipswich has to offer with more than 15 local organisations and businesses engaged to curate the 2024 program of events across the city.
In 2024, 10,211 attendances were recorded for the festival with 22% of the 6,847 unique attendees from outside the city.
The 2024 program boasts over 30 events and experiences including the Indigenous Wild Foods & Culture Festival being hosted in the city for the first time, along with a multitude of social events, open days, tours, haunted experiences, demonstrations, and workshops.
The full festival program and event details are on the Ipswich Festivals website https://www.ipswichfestivals.com.au/galvanizedipswich/
A downloadable one-page program overview for the festival is also available: https://www.ipswichfestivals.com.au/wp-content/uploads/2024/07/Galvanized_Calendar_A4_2.pdf
2025 event highlights include:
Indigenous Wild Foods & Culture Festival
Be immersed in First Nations culture with a huge line up of talented Aboriginal and Torres Strait Islander artists and contemporary talent. Sponsored by Ipswich City Council, this free event allows you to experience bush tucker foods and cooking demonstrations, live traditional cultural performances and workshops, market stalls, food trucks, and tonnes of free family entertainment.
The Baker’s Ball
Step back in time and join a WWII victory dinner dance recreation in Marburg. Bring your sweetheart and enjoy vintage entertainment, dinner and swing dance classes as the night takes you to three beautiful historical locations throughout Marburg.
Steam & Smoke BBQ’s
Taste your way through a bevy of BBQ and steam-themed food trucks and spicy delights, peruse vintage vehicles display, and see a spectacular operating steam train, all while enjoying a program of live rock music, dance performers and entertainers on the main stage.
The Limestone Frolic
Music and dance is a living link to our heritage. At this free, Ipswich Libraries produced event, discover more about the history of dance in early Ipswich with demonstrations and an opportunity to experience the dances themselves.
Legal IMPLICATIONS
There are no discernible legal implications associated with this report and its recommendation.
policy implications
There are no discernible policy implications associated with this report and its recommendation.
RISK MANAGEMENT IMPLICATIONS
There are no discernible policy implications associated with this report and its recommendation.
Financial/RESOURCE IMPLICATIONS
The Galvanized – A Festival of Heritage 2024 is funded through the City Events Budget 2024-2025 at $70,000 (including marketing and event impact reports) and $40,000 is funded through the Queensland Government’s Showcasing Queensland Heritage grants program.
COMMUNITY and OTHER CONSULTATION
There are a range of event and programming partners for Galvanized – A Festival of Heritage 2024 including:
- Queensland Government
- Cooneana Heritage Centre
- Discover Ipswich
- Floating Images Hot Air Balloon Flights
- Historic Australia
- Ipswich Antique Centre
- Ipswich Art Gallery
- Ipswich City Big Band
- Ipswich Civic Centre
- Ipswich Historical Society Inc.
- Ipswich Libraries
- Ipswich Masonic Centre
- Lost Ipswich
- Old Courthouse Historical Ipswich Cultural Association
- Picture Ipswich
- Queensland Museum Rail Workshops
- RAAF Base Amberley
- St Paul’s Anglican Church Ipswich
- Stony Creek Brewing
- Summer Land Camels
- The Great Marburg Bake-off
- We Care Aboriginal and Torres Strait Islanders for Aged and Disabled Associated Incorporated
Conclusion
Galvanized – A Festival of Heritage 2024 is a key component of the Ipswich City Council City Events Plan which attracts, supports and produces a diverse program of annual events that engage the community, promote Ipswich as a destination, drive visitation and positively impact on business and industry.
HUMAN RIGHTS IMPLICATIONS
HUMAN RIGHTS IMPACTS |
RECEIVE AND NOTE REPORT |
The Recommendation that the preview report for the Galvanized festival 2024 be received and contents noted. The decision to receive and note the report does not limit human rights. Therefore, the decision is compatible with human rights.
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Lauren Roche
City Events Manager
I concur with the recommendations contained in this report.
Carly Gregory
Manager, Marketing and Promotions
I concur with the recommendations contained in this report.
Ben Pole
General Manager, Community, Cultural and Economic Development
“Together, we proudly enhance the quality of life for our community”
Economic and Cultural Development Committee Meeting Agenda |
13 August 2024 |
ITEM: 4
SUBJECT: Nicholas Street Precinct - July 2024 Retail Sub-Project Steering Committee Report
AUTHOR: Precinct Governance Manager
DATE: 29 July 2024
Executive Summary
This is a report concerning the July 2024 Retail Sub-Project Steering Committee focussing on the status of the leasing program and associated developments for the retail component of the Nicholas Street Precinct redevelopment.
Recommendation/s
That the July 2024 Retail Sub-Project Steering Committee Report be received and the contents noted.
RELATED PARTIES
Savills Australia – Program Management
Ranbury Management Group – Program Management
Colliers – Retail Leasing
ifuture Theme
Vibrant and Growing
Purpose of Report/Background
The Retail Sub-Project Steering Committee (RSPSC) supports the Economic and Cultural Development Committee in providing high level oversight of the delivery of the Nicholas Street Precinct redevelopment. The RSPSC generally reports monthly to the Economic and Cultural Development Committee on the planning, development, delivery and operations of the Nicholas Street Precinct’s retail and commercial assets. This report provides an update for part of June and July 2024.
The RSPSC met on 24 July 2024 and considered, amongst other matters, the status of retail and commercial leasing, progress of redevelopment works on the Venue and Commonwealth Hotel buildings and the legal status across approved leasing deals, and tenure management matters. The draft RSPSC 24 July 2024 meeting minutes are contained in Attachment 1.
The table below identifies the status of retail and commercial leasing as of 29 July 2024. Colliers are the Retail leasing agents and are speaking with many prospective tenants and we continue to seek active interest through existing partnerships for leasing the remaining commercial space.
The table below reflects the current status of lease documents and includes updates which relate to the lease for Upper Ground Floor of 143 Brisbane Street and Tenancy T5/T6 Venue (now issued for execution), the lease for Tenancy T2 on Level 1 of the Venue Building (which is being prepared), and the lease for the car park ancillary use (which has been executed by the Lessee).
Deal Status |
As at 29 July 2024 |
Change from 1 July 2024 |
Lease Documents Being Prepared |
1 |
1 |
Lease Documents Issued for Execution |
4 |
2 |
Leases Executed by Lessee |
16 |
1 |
Leases Pending Approval by Lessor (Council) |
0 |
0 |
Leases Executed by Lessor (Council) |
15 |
0 |
June and July have seen enormous progress across the Nicholas Street development projects. The Commonwealth Hotel refurbishment entered a new phase with Hutchinson Builders achieving practical completion on 11 July 2024 and subsequent handover from Council to AusHotels on 16 July. AusHotels have engaged SHAPE to complete their fit-out works over an approximate 16-week period, with the opening date and arrangements yet to be confirmed.
The Venue project achieved handover of the Hoyts tenancy in June and the General Public tenancy in July. Both major tenants have taken over and commenced fit out of their respective tenancies. Scaffolding has been removed from the Nicholas Street façade, marking a significant milestone in the project and enabling views from Nicholas Street to the largely complete works.
Construction by Hutchinson Builders continues on level 1 and the ground floor with focus on the façade, atrium and the completion of the remaining tenancies. Certification and handover is expected in the coming weeks. A Site Supervisor and Safety Partner resource has been secured to assist and coordinate the site through tenant fit-out works.
Refer Attachment 2 for the July 2024 Executive Report.
During July, the Nicholas Street Precinct was recognised as an exemplar in urban design as a winner of the prestigious 2024 Minister’s Award for Urban Design and the Movement and Place Award. The jury congratulated Ipswich City Council for its vision and leadership in taking on a role as property developer and creating a world class transformation of the Ipswich CBD. The awards recognise urban design projects of the highest quality across Queensland, highlighting the importance of good quality design in shaping communities and the integration of transport and movement to support social and economic outcomes.
Designs were judged on climate responsiveness, improvement to local character, enhancing natural systems, connectivity, creating a great place for people to live, diversity, adaptation, leadership, and effective engagement.
Legal IMPLICATIONS
This report and its recommendations are consistent with the following legislative provisions:
Local Government Act 2009
Local Government Regulation 2012
policy implications
Nil
RISK MANAGEMENT IMPLICATIONS
Challenges continue with retail leasing including but not limited to COVID-19 impacts, the pace of the retail market rebound, the securing of anchor and other tenants and the attractiveness of the offer from the lessor (Council) in the current market conditions. These conditions include the increased cost of goods, consumer caution in relation to spend and the ability for the retail and hospitality industry to absorb this over time.
Achieving legally binding agreements for lease/sub-leases with prospective precinct tenants remains a critical outcome given the completion of the refurbishment works to the Eats and Tulmur Walk buildings and the status of works to the Venue and the Commonwealth Hotel buildings.
Financial/RESOURCE IMPLICATIONS
COMMUNITY and OTHER CONSULTATION
The contents of this report did not require any community consultation.
Conclusion
Recent leasing approvals reinforce market confidence in the Nicholas Street Precinct retail product and continue to strengthen the leasing campaign to secure tenants for the Venue and the wider precinct. The progress of current works to the Venue and Commonwealth Hotel buildings positively reinforces Ipswich Central’s future and Council’s commitment to its success.
HUMAN RIGHTS IMPLICATIONS
HUMAN RIGHTS IMPACTS |
RECEIVE AND NOTE REPORT |
The Recommendation states that the report be received and the contents noted. The decision to receive and note the report does not limit human rights. Therefore, the decision is compatible with human rights.
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Attachments and Confidential Background Papers
1. |
Draft RSPSC Meeting Minutes 24/07/2024 ⇩ |
2. |
Executive Report July 2024 ⇩ |
Mitchell Grant
Precinct Governance Manager
I concur with the recommendations contained in this report.
James Hepburn
Precinct Director
I concur with the recommendations contained in this report.
Sonia Cooper
Chief Executive Officer
“Together, we proudly enhance the quality of life for our community”