Moreton Bay unlocks economic potential for emerging precinct

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Moreton Bay unlocks economic potential for emerging precinct

Moreton Bay Regional Council is the trustee of an 80h parcel of land being leased within the Caboolture Events Precinct.   Current tenancy agreements are held by the following lessee’s: Caboolture Historic Village, The Caboolture Show Society and the Murrumba Pistol Club.  Additional within the precinct is the states’ cornerstone equestrian asset, The Queensland State Equestrian Centre which Moreton Bay Regional Council currently operates.

Elysium Road Pty Ltd was engaged by Moreton Bay Regional Council in January 2018 to provide strategic advice on how to unlock economic potential for the precinct and the region. An Investment Attraction Strategy was developed incorporating a review of current economic conditions, industry analysis of the existing focus sectors, estimated growth potential, as well as defining the existing constraints and opportunities.   Following a thorough analysis and liaison with extensive state level, community and council stakeholders the outcome was a 58 page report delivering the analysis findings, potential precinct governance options, financial analysis and a 46 point suggested Precinct Action Plan.

Completion of the engagement was in May 2018, and the Councillor, Cr Adam Hain stated:

“We were very fortunate to enlist the services of Elysium Road to help us unlock the potential of an emerging precinct within our region. During the engagement, Elysium Road displayed strong leadership skills, engaged and built strong relationships with all levels of the required state, community and internal stakeholder groups and was very transparent providing the economic analysis, strategic planning and commercial leadership required to navigate the pathway forward”. 

The next step is for the Investment Attraction Strategy is to be presented through Moreton Bay Regional Council which will then allow Moreton Bay Regional Council to start developing a Master Plan for engaging with potential investors and unlock the precinct’s true potential.

** Elysium Road Pty Ltd is a Management Consulting firm that specialises in partnering with your business to discover, design and deliver tangible and lasting improvements.  They have a wide variety of experience across industry in three key pillars: Customer & Strategy, Technology & Digital and Business Optimisation.

 

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