Long road to ‘overnight suc­cess’

Wanneroo Weekender - - News - Tyler Brown

JOON­DALUP is a “40-year overnight suc­cess”, ac­cord­ing to prop­erty an­a­lyst and com­men­ta­tor Gavin Heg­ney.

Mr Heg­ney joined LandCorp metropoli­tan and in­dus­trial gen­eral man­ager John Hack­ett, Lake­side Joon­dalup Shop­ping City cen­tre man­ager Gemma Han­ni­gan and Primewest di­rec­tor David Schwartz for a panel dis­cus­sion at a City of Joon­dalup busi­ness fo­rum at Joon­dalup Re­sort on Tues­day morn­ing.

The panel was fa­cil­i­tated by Y-Re­search prin­ci­pal and chief prob­lem solver Damian Stone, whose re­cent re­port gave the Joon­dalup city cen­tre the high­est score for di­ver­sity of prop­erty uses across the 24 main ac­tiv­ity cen­tres in the metropoli­tan area, in­clud­ing the Perth CBD.

The Ac­tiv­ity Cen­tres Di­ver­sity In­dex is a 100-point sys­tem based on 19 mea­sures in­clud­ing the range of re­tail uses, size of the of­fice and apart­ment mar­kets, civic uses and trans­port links.

Joon­dalup scored 90 points, four ahead of the Perth CBD and 14 ahead of Rockingham in third.

This can be put down to Joon­dalup be­ing home to Lake­side Joon­dalup and Joon­dalup Health Cam­pus, a ma­tur­ing of­fice mar­ket, the largest apart­ment mar­ket north of Scar­bor­ough, good pub­lic trans­port links and a low level of va­cancy across prop­erty mar­kets.

“The Joon­dalup city cen­tre, through care­ful long-term plan­ning and in­fra­struc­ture de­liv­ery, has grown to ac­com­mo­date Perth’s largest shop­ping cen­tre, ma­jor univer­sity and health cam­puses, solid of­fice and in­dus­trial prop­erty fed em­ploy­ment bases, and the largest apart­ment mar­ket in the north­ern sub­urbs,” Mr Stone said.

“This di­ver­sity of prop­erty uses has given Joon­dalup a com­pet­i­tive ad­van­tage over com­pet­ing cen­tres, which should fuel fu­ture growth over the next decades.”

The pan­el­lists also dis­cussed top­ics in­clud­ing how Joon­dalup’s prop­erty di­ver­sity had been nur­tured by plan­ning ini­tia­tives over the past three decades, how the re­gion’s in­no­va­tion agenda will flow through to its prop­erty mar­kets and what ad­vice they would give the new State Gov­ern­ment to fast track growth in Joon­dalup.

Mayor Troy Pickard said it was pleas­ing to hear the panel’s feed­back about the Joon­dalup city cen­tre, which is ex­pe­ri­enc­ing un­prece­dented growth.

“Cranes in the Joon­dalup city cen­tre have now be­come com­mon­place,” he said. JOON­DALUP Mayor Troy Pickard used Tues­day morn­ing’s busi­ness fo­rum to an­nounce “two trans­for­ma­tive ini­tia­tives” that he would present to the coun­cil for en­dorse­ment dur­ing its cur­rent bud­get dis­cus­sions.

The first was a new $1 mil­lion cre­ativ­ity and in­no­va­tion fund to be housed at the Joon­dalup per­form­ing arts cen­tre if ap­proved and the sec­ond was to trans­form the Wood­vale and Whit­ford li­braries into cre­ativ­ity and in­no­va­tion re­source cen­tres. “Th­ese two ex­cit­ing new ini­tia­tives will have no net im­pact on the City’s bud­get and will play an im­por­tant role in con­tin­u­ing to trans­form the City of Joon­dalup,” he said.

Pic­tures: Martin Ken­nealey www.com­mu­ni­typix.com.au d467662

Primewest di­rec­tor David Schwartz, City of Joon­dalup CEO Garry Hunt, prop­erty an­a­lyst Gavin Heg­ney, Lake­side Joon­dalup Shop­ping City cen­tre man­ager Gemma Han­ni­gan and LandCorp’s John Hack­ett. Be­low: Damian Stone.

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