Our Work

Newcastle Honeysuckle Precinct Strategic Market Advice

Client: Hunter Development Corporation

Macroplan was engaged to critically examine the development potential of an underutilised car park and surrounding site known as the Wickham (0.8 hectares) and Throsby sites (2.1 hectares) in Newcastle’s Honeysuckle waterfront precinct.  The study process included literature review, case studies, stakeholder interviews and market assessments.  A series of case studies involving urban renewal precincts from around Australia were explored and interpreted to distil key policy, planning and market considerations and critical success factors as a basis for understanding the drivers of effective urban renewal precincts. These case studies informed the development of a multi-criteria assessment tool.

As part of our assessment we undertook an independent economic and market analysis addressing several uses including retail, residential, commercial office and hotel/convention centre. The findings of our market analysis were used to determine a mix of appropriate uses supporting several development concepts identified and discussed in this report.  Macroplan participated in targeted stakeholder interviews with 12 people representing organisations, which informed our interpretation of business and community expectations in relation to potential redevelopment outcomes.

Based on case study investigations and consultation, Macroplan developed a multi-criteria assessment tool to rank and evaluate two different urban renewal scenarios to determine development outcomes most likely to balance urban design principles and community expectations and commercial priorities.

Related

News

Have a big question? Speak to the experts at Macroplan

Want to join the macroplan team

Macroplan team

Project Leads

Chief Executive Officer

Manager Retail VIC

Related

Projects

The study required a comprehensive understanding of the FIFO/worker accommodation market, a competitor analysis to inform potential room rates, what
Macroplan was asked to assess future demand for commercial and retail space in the Oran Park town centre.
Macroplan was engaged by Transport for NSW to prepare a highest and best use (HBU) assessment addressing several potential uses

Contact Us

Level 12, 360 Elizabeth Street
Melbourne VIC 3000
PH: (03) 9600 0500
Level 10, 580 George Street
Sydney NSW 2000
PH: (02) 9221 5211

Level 54, 111 Eagle Street
Brisbane, QLD, 4000
PH: (07) 3221 8166

Don’t miss out on the latest news, updates, big questions, macroplan in the press and much more by subscribing to our updates.

Scroll to Top

Join The Team

Book A Consultation