The State Government through LandCorp engaged Pracsys in association with Colliers to undertake an analysis of the development and economic activation of the Perth Foreshore precinct.
The strategic rationale for creation of a world‐class waterfront development linking the river to Perth’s CBD is based on demand and the economic environment, as well as State government strategy for Perth’s future.
Pracsys was engaged to develop a pre-feasibility analysis and economic impact assessment of the Perth Waterfront Precinct Development.
Pracsys developed a model of economic impact and associated activation strategies to guide the effective development of what is expected to be a major redevelopment project in Perth City.
The LandCorp precinct plan provided the opportunity to contribute to Perth’s residential depth and create an iconic heart to the city. In the time since Pracsys commenced the project, the Metropolitan Redevelopment Authority (MRA) has taken over the site, now the Elizabeth Quay. The benefit case quantification Pracsys developed was also used by the MRA and Elizabeth Quay is currently under construction.
LandCorp & Department of Planning
Pracsys team involved in this Project:
Michael Chappell (Project Director)