THE ARMIDALE ECONOMY

With significant growth in many sectors of the city, Armidale is experiencing a revival as a regional economic force. It has been identified as one of only 20 centres in Australia with an abundant long term water supply and its cool mountain climate is regarded as a major advantage with climate change on the horizon.

Armidale's strength lies in education, agriculture, retail and professional services. These industry sectors employ a significant portion of the labour force and position Armidale as a knowledge based regional service centre with significant export potential.

The Armidale Dumaresq Local Environmental Plan (LEP) has been designed to meet a growing demand for more residential, rural residential, commercial and industrial land now and in the future.

Over the years, the city has enjoyed unprecedented economic expansion including construction of the largest Coles Supermarket complex in NSW and the opening of two major shopping centre developments including a new Woolworths Supermarket and Big W, an investment of $66 million and the refurbishment of the Armidale Plaza which includes Kmart and Country Target. A new $9 million police station has been built and the Armidale TAFE has had a $4.5 million upgrade.

Plans are underway for a $6 million bulky goods retail centre with a Bunnings Hardware Store. A new Court House is also being planned. Two new nursing homes have been built, new inner city residential / retail developments have been taken up and an $8 million residential estate for retirees is under construction.

To fast-track new developments Armidale Dumaresq Council has established a Rapid Response Unit to provide advice and assistance on significant or employment generating development proposals. Council will be happy to discuss a flexible range of economic incentives for industries and projects with a potential for significant growth in the region.

The food and wine tourism sector as well as the fast growing professional business sector is considered of major importance. Armidale has attracted more professionals to the city over the last few years than at any time in its history.
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EA Systems
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Dr Simon Lott and Jenni Lott founded EA (Environmental & Agricultural) Systems in 1995 to provide professional and technical services in environmental and agricultural science and engineering throughout Australia and overseas. EA Systems has a team of highly qualified civil, environmental and agricultural engineers, agricultural, soil, and environmental scientists, geologists and technicians.

With its head office in Armidale, EA Systems has grown rapidly and now services its clients from four offices in three states.

"Our success has been achieved through a multidisciplinary approach which allows EA Systems to provide clients with high quality solutions to a wide range of complex environmental and agricultural issues," says Managing Director Dr Simon Lott.

He says he based the company in Armidale because of the highly educated workforce and the professional links with the University of New England. He found this combined with Armidale's low business costs extremely attractive.

"We could easily be based in Sydney or Brisbane but from a business point of view, the educated workforce, low business costs a...


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