What is the Renew Australia model?
RenewAustralia is a new national economic and social enterprise designed to catalyse community renewal, economic development and creative industries across Australia. It works with communities and property owners to take otherwise empty shops, offices, commercial and public buildings and make them available for short term use to stimulate foot traffic in the commercial area, and increase interest and confidence in the retail sector.
Through a simple strategy based on the temporary and low cost creative activation of some of the more than 150 empty buildings in the Newcastle CBD, significant parts of Newcastle have been transformed. Less than two years later, as the direct result of Renew Newcastle's activities, more than 70 new businesses and initiatives had been seeded and Newcastle was hailed by Lonely Planet as one of the top 10 cities in the world to visit in 2011 due to the exciting, eclectic creative community that had been seeded there.
There are a number of vacant shop fronts in Batemans Bay (approx 30), Moruya (14 or so) and Narooma (approx 15). A Renew Eurobodalla project would provide opportunity to collaborate with the business and creative industry sector to fill these shops until permanent tenants are found.
"The whole idea of a "Renew" project is to use spaces that are temporarily empty to incubate new businesses and foot traffic within town centres as a way of stimulating activity and finding permanent tenants."
Eurobodalla Shire Council recognises the challenges faced by the retail sector, and the impacts of empty shop fronts on community and investor confidence. Council believes that initiatives such as Renew can assist in creating a renewed interest in town centres, and create greater foot traffic.
The key aim of this project is to have your empty commercial space more attractive to prospective tenants and investors.