Green Text = Sustainable Future
Red Text = Future Visions and Scenarios
· 2010: Online shopping begins to impact on bricks and mortar businesses
· 2015: Petrol prices hit $5 per liter (www.csiro.au/files/files/plm4.pdf)
· Food prices sour and people begin to grow their own
· Woolworths starts rationalizing stores- changing model to increase online distribution
· Series of short-term tenancies- books, furniture etc.
· Paddington store closes
· 2020: Many of the smaller shops also close
· Paddington central falls into ‘teraine rague’ state
· Sits in this state for 5 years
· 2025: Local residents establish community markets
· 2035: NFP Corp. established by residents
o Property purchased jointly by Paddington residents in same system per property
o 3600 properties
o $20 000 000 purchase price of Paddington Central
o $6 000 average share buy in
o Deed stays with house (Price added to house price)
o Board developed per town center
· 2040: Retail spaces no longer need to be centeralised, diverse range of professions and trades of residents
· Allow them to set us home businesses to service community
· 2050: Found families not wanting to move out of community, multi generational family home developed with exchangeable floors
People and Lifestyles
2010: Born
2020: Education
2030: Independence
2040: Family
2050: Parent move in (parents aged 70)
2060: Mid-aged, kids leave home (parents aged 80)
2075: Retirement (parents pass away some time before)
2080: Move in with children (age 70)
2110: Pass away… dead (age 100)
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