Lyell McEwin Health Precinct Master Plan - City of Playford

MARKET(WHO)WHOELEMENT(WHAT)DESCRIPTIONMASTER PLAN DRIVERS – COMMERCIALCOMMERCIAL PRINCIPLES INVESTMENT SCOPE PRIVATE – PUBLIC INVESTMENTON CAMPUS – OFF CAMPUSMASTER PLAN CONTEXTSA HEALTH ROLEStaffProfessionalsStudentsCLINICAL TRAININGR&DSimulation LabClinical Training UnitCORECurrentRequirementSay 300sqmExpand to1,000sqmShort-Medium Term – SAHealth PartnershipWithin Hospital facilitiesLonger Term – primaryUniversity role – absorbedinto Tertiary EducationFacilityShorter Term - SA Health partnership roleIncorporated within existing Hospital siteIncluded in Tertiary Education and Training facility in longer termPUBLICShort Term – SA Health OR Uniprovided space on commercial basisOwnerJV PartnerProfessionalsALLIED HEALTH SERVICESPrivate Clinics, Day Surgery,Diagnostics, GP, Specialists,Outpatient Services, AlliedHealth (dentist, physiotherapy,chiropractor, etc)Consulting RoomsCORE4 x 1,000sqmtenanciesSmallerconsulting typetenancies withinlarger floor plateLikely to be anchored bylease of major userTraditional office/consultingroom type accommodationSay 2 Stages of 2,000sqm x $4,000/sqm = $8million (x2)Private Sector Funded via Co-operative Fund or private sectorinvestorDemand driven – staged developmentFreehold ownershipPRIVATEPrivate Provider – Off CampusAdjoining core siteLIMITEDIncubator BasedHealth CareIndustryCorporateMEDICAL - HEALTHBUSINESSCOREMedium Term5-10 x 100sqmincubatorbusinessesQuasi-office/techspaceLonger Term4 x 500-1,000sqmTech / IndustrialspaceIncubator Start Ups(R&D linked)Key Corporate BusinessesCan be in vertical buildingLikely to be one off individualinvestmentsSmall Business Start ups, Clinical Trails – grant funded – linked toUni’sDirection to require cost effective leased accommodation – say$150/sqm (within existing facilities) – may justify new accommodationrentals (say $300/sqm) for subsidised (grant funded) activitiesSet up to capture short term opportunitiesStrongly driven by workforce drivers for staff, transport etcIndustry Investment - Venture Capital BusinessInitial development stages – require leased accommodationMay mature to develop owned facilities – medium to longer term2,000-4,000sqm at say $4,000/sqm - $8-16million (longer term)Will require significant tertiary centre in existence to attract activity,investment, workforce relocation form CBD 5km inner ringPUBLIC PARTNERSHIPSA Health or University SupportedPRIVATEShort Term – SA Health OR Uniprovided space on commercial basisLONGER TERM – OFF CAMPUSINVESTMENTFacilitatorInvestor - OwnerJV PartnerStaffResidentsCHILD CARE CENTRESUPPORT300sqmOutdoor spaceSecurityparamountSpecialist – Licenced FacilityLinked to high access – carpark, school etcSpecialist FacilityPotentially linked to early leaning centre – and/or primary schoolSay 50-80 child capacityNeeds ground floor and sheltered open spaceCapital Investment in order of $1millionPRIVATEPrivate Provider – Off CampusAdjoining core siteLIMITEDStaffResidentsGYMNASIUMSUPPORTMedium scaleGym and FitnessCentre200-300sqmSpecialist BusinessExisting EFM at LMH currentlyEssentially requires leased accommodation and be incorporated intoretail areas as a major tenancySay 500 member base moduleWill require both general public and medical staff related businessCan operate in low exposure location (rear tenancy) with strongdirectional signageCould link to therapy areas – swimming pool etc to gain joint usePRIVATEOptionsCentral to Hospital EpicentrePossible Main Street (0n or OffCampus – or both)OwnerJV Partner38LYELL McEWIN HEALTH PRECINCT - MASTER PLAN