Stockland has made a significant contribution to the social and economic prosperity of the Sunshine Coast region.
Stockland’s commitment to the Sunshine Coast
As the region’s largest private investor, over the last 10 years our business activities and projects have contributed significantly to the economic prosperity of the Sunshine Coast:
- $3.2 billion invested;
- 5,100 homes delivered; and
- 4,698 jobs generated.
Investment through our communities, retirement villages and shopping centres is central to the future economic prosperity of the Coast as it will drive employment, education and business growth.
- Over the next 20 years, more than $10 billion (that’s 5 and a half public hospitals) will be generated through our projects and activities. This investment will:
- Create over 43,000 jobs across all projects (and more than one third of the total direct jobs generated on the Sunshine Coast during this period;
- See 15,000 Sunshine Coast families call a Stockland Community home; and
- $2.84 billion in Gross Regional Product (GRP) generated *
Aura Jobs, Investment and Infrastructure
Halls Creek is strategically located to benefit from the direct and indirect economic drivers generated by the development of the approved Aura (formerly known as Caloundra South) Community. These include increases in employment, expenditure and Gross Regional Product. We need to plan for Halls Creek now to ensure the investment in infrastructure, economic and community opportunities at Aura can be leveraged and integrated. You can download a report about this here.
Employment planning for Halls Creek is based on the principles of achieving employment self-containment within an expanded Aura community. Specifically, the development of Aura will generate:
- 20,000 direct and 19,500 indirect jobs on an ongoing basis from the operation of Aura ;
- $11 billion (est) in direct expenditure (including civil and infrastructure works) to the Sunshine Coast and Queensland over the development period;
- $1.3 billion in additional annual GRP representing an 11% increase in the Sunshine Coast economy; and
- create a dynamic town centre similar in size to Chermside Shopping Centre in Brisbane.
The overall benefit of this integrated community will:
- increase the employment opportunities available on the Sunshine Coast;
- improve the level of self-containment within the area, lowering the external impacts resulting from exported jobs;
- improve the employment base and diversity of jobs available;
- lead to improved infrastructure and economic efficiencies; and
- improve business access and integration with a larger customer and knowledge base.
The site's attributes of Halls Creek provide the opportunity to plan for well-located employment precincts to attract business to the region. This includes:
- access to current and future transport infrastructure planned for Aura; and
- proximity and access into North Brisbane, airports and trade coast.
Stockland's success in achieving employment self-containment within its communities can be clearly demonstrated at North Lakes, where development has:
- delivered employment self-containment rate of 98%
- attracted a range of high value industry jobs in health, education, commercial and manufacturing.
* economic figures provided by Urbis