young street activation
about
IN PARTNERSHIP WITH FRANKSTON CITY COUNCIL, PLAN1 PROJECT MANAGEMENT & CONSULTANCY ARE ACTIVATING VACANT SHOPFRONTS IN THE YOUNG STREET, FRANKSTON PRECINCT.
The goal of this activation is to increase foot traffic and interest to ensure the precinct becomes a vibrant and high performing business destination. We’ll do this by attracting and fostering new tenancies that could become long-term leasing opportunities.
The Young Street Vacant Shop Activation Program is based on Plan1 Project Management & Consultancy’s successful methodology to activate vacant spaces with support from landlords, agents and governing bodies across Australia. The goal of successful applicants is to complement the existing tenancy mix and not compete with established businesses on Young Street.
This program is designed to help introduce some new businesses and help revitalise Young Street for the future. We aim to do this by providing entry-level leasing options for occupiers to test their concept and businesses in a commercial setting to the local audience.
Plan1 Project Management & Consultancy will facilitate property inspections and act as a broker to execute license agreements with landlords and their stakeholders, provide advice to successful participants to facilitate the transition of viable projects to ongoing commercial leases, assist with visual merchandise and provide business to successful applicants.
Spaces will be limited, and interest is expected to be high, and we’re delighted to announce that Expressions of Interest for the Young Street.
Vacant Shop Activation Program are now open.
apply
IN PARTNERSHIP WITH FRANKSTON CITY COUNCIL, PLAN1 PROJECT MANAGEMENT & CONSULTANCY ARE ACTIVATING VACANT SHOPFRONTS IN THE YOUNG STREET, FRANKSTON PRECINCT.
Plan1 Project Management & Consultancy has an evaluation team who look at all Expressions of Interest and match applicants to suitable properties. We’re looking for applicants who have a genuine interest and knowledge of the Frankston precinct and will compliment, not compete with, other businesses on Young Street.
All Expression of Interest responses will remain current during the life of the project.
expression of intrest form
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faq
Please reach us at info@plan1pmc.com if you cannot find an answer to your question.
who can apply
There is no set required background of businesses, only those that are ready to take the leap and operate out of a commercial space. Applicants will be required to open the spaces on minimum number of days and time and interact with the street to promote foot traffic and vibrancy to the precinct. All applicants must have Public Liability insurance ($20 million) and plate glass insurance.
how long can a shopfront activation last
It will vary from property to property; however, the minimum commitment is 4 weeks, up until a maximum term of 12 months. We do note that there is a preference for businesses looking to transition to ongoing commercial leases.
can I see the spaces before applying
It is difficult to arrange the inspection of properties without prior consent from landlords or their representatives, so viewing of the spaces will only be available upon a successful application. Once your application has been assessed, we will be in contact with you to arrange a viewing of available spaces.
can I choose my own space
No, but we’ll take your input into account to find a space that best fits your needs, as well as the preferences of the landlord.
what will I have to pay
There are costs involved with participating in the program. These will be dependent on the space and the length of term. At a minimum, applicants will be responsible for utilities, wifi and insurance.
when can I move in
Whenever we have commitments from landlords to participate, we will offer spaces to the most suitable applicants. We’ve got spaces ready to go, just let us know your preferred start date and we will try to make it happen for you.
if the activation goes really well, can I take over the lease long-term
Yes, there are provisions in our agreements to offer successful applicants the first opportunity to sign a long-term lease with the landlord. We will provide advice to facilitate the transition of viable activations to an ongoing commercial lease.
what kind of financial support can I access
We are able to provide a contribution to your temporary fit-out. Along with the contribution to the fit-out we will cover the cost of the access to the property for the supported duration of the activation and legal costs to prepare the licence agreements.
what other support is available if I'm successful
We will be providing a range of support to participants in the program. This will include best in practice visual merchandise, marketing, and other business services support.
contact
IF YOU’D LIKE MORE INFORMATION OR WOULD PREFER TO HAVE A CHAT WITH ONE OF OUR TEAM ABOUT THE PROGRAM, PLEASE COMPLETE THE FORM BELOW WITH YOUR DETAILS, AND ONE OF OUR TEAM WILL BE IN TOUCH.
Please note that only questions relating to the program will be responded to. Any questions or inquiries for Frankston City Council should be made by contacting them directly via Council’s website at www.frankston.vic.gov.au
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