State Aquatic Centre Financial Model

Summary

Client: MACQUARIE CAPITAL ADVISORS AND MACQUARIE LEISURE

Services: Evaluation, Facilities, Funding, Planning

Consultants: Phillip Gray

Location: Melbourne Victoria 3000, Australia

Completion: December 8, 2010

Partners & Stakeholders: The Melbourne School of Sport and Recreation Management

Synopsis

A financial model was commissioned by Macquarie Capital to assess its likely financial exposure if a Public Private Partnership structure was used for the proposed State Aquatic Centre at Marion.  The financial model identified the likely true operating cost of the proposed facility.

Features

The preparation of the business case was undertaken in two phases including the following tasks:

Phase One

  1. Collection of Adelaide Major Aquatic Facility Operational Information and Services to Date
  2. Collection of State Aquatic Centre Operational Information
  3. Base Business Case Development
  4. 10 Year Financial Models and Business Scenarios
  5. Client Review and Final Modelling

Phase Two

  1. 10 Km Radius Residents Telephone Survey
  2. Analysis of Westfield Customer Door Surveys
  3. Catchment Area Demographic Review
  4. 10 Year Financial Models and Business Scenarios
  5. Client Forum