8.3
Total commercial centre demand summary
The following table summarises the total demand for commercial and retail space for each centre to 2041. A target vacancy rate of 5% has been applied to each centre’s total demand. Table 32 shows the combined total and net demand for floorspace for each centre between 2021 and 2041. This demand includes retail, commercial and a vacancy space allowance. In total, Clarence Valley is expected to demand between around an additional 28,700sqm to 63,400sqm of floorspace between 2021 and 2041.
P22016 Clarence Valley Employment Lands Background
75 of 98