A Masterplan is a document that provides a guide to future growth and development. It could involve either a strategic masterplan or a project specific masterplan. Basic principles are common to the process of establishing a Masterplan. Economic, Social and Environmental factors are typically the key drivers for change. This could range from wishing to attract investment through to the desire to improve, rehabilitate and regenerate a parcel of land. Whatever the desire, carefully planned stakeholder engagement and a comprehensive consultation process is an important step in the production of a Masterplan. Without proper planning and consultation a Masterplan is likely to fail due to the changes not being well received in the community. The purpose of the masterplanning process is to encourage creative thinking and define a roadmap that achieves a defined set of outcomes.