Study supports Entertainment, Convention and Exhibition Centre

31 January, 2012
Author: Charles Hodgson

  •  a main auditorium with flexible walls and seating systems which allow the auditorium to offer capacity between 1000–4500 people.
  • a flat floor exhibition hall with flexible walls allowing expansions and reductions in room size to a maximum of 3000sq metres
  • a full commercial catering kitchen (plus satellite kitchens)
  • meeting rooms (between 12 and 15) with capacities ranging from 20 –360 people
  • provision for more than 700 car parks (this would be in addition to significant additional on-street and off-street car parking spaces available within easy walking distance of the centre to cater for peak entertainment event demands, generally in non-business hours).

 
A centre that has the following functionality:

  • an arena to accommodate between:

  • 1000–4500 people in theatre mode, but is capable of being divided into three smaller modes ( 2 x 1,000 people and 1 x 2,500 people in theatre mode)

  • 1000 people in banquet mode

  • 100 booths in exhibition mode.

  • an exhibition hall to accommodate between:

  • 500–2500 people in banquet mode

  • between 300–1250 people in classroom mode

  • between 35–180 booths in exhibition mode.

  • a number of smaller meeting rooms to provide capacity for:

  • 60–360 people in theatre mode

  • 50–260 people in banquet mode

  • 30–180 people in classroom mode

  • 20–60 people in boardroom mode.

It will be located in close proximity to:

  • a civic plaza and parkland (these spaces should adjoin the centre with potential to be used in conjunction with the centre—for example, for outdoor exhibition)
  • retail and commercial uses including a hotel
  • community and cultural uses which may include library (learning centre), art gallery spaces, community meeting and performance spaces, council customer service centre, enterprise incubator, child care centre, markets, cafes, design centre, recording studio and recreation areas and playgrounds.
  <td valign="top">
    <strong>Option 1</strong><strong>Performing Arts Centre</strong>
  </td>
  
  <td valign="top">
    <strong>Option 2</strong><strong>Stand alone Entertainment, Convention and Exhibition Centre</strong>
  </td>
  
  <td valign="top">
    <strong>Preferred Option</strong><strong>Entertainment, Convention and Exhibition Centre located within a larger civic and cultural precinct</strong>
  </td>
</tr>

<tr>
  <td valign="top">
    Construction Economic Impact
  </td>
  
  <td valign="top">
    $316M
  </td>
  
  <td valign="top">
    $354M
  </td>
  
  <td valign="top">
    $493.9M
  </td>
</tr>

<tr>
  <td valign="top">
    Annual Cash Operating Loss (i.e. excludes depreciation, interest and tax)
  </td>
  
  <td valign="top">
    -$1.5M
  </td>
  
  <td valign="top">
    -$0.8M
  </td>
  
  <td valign="top">
    -$1.0M
  </td>
</tr>

<tr>
  <td valign="top">
    Annual Economic Impact*
  </td>
  
  <td valign="top">
    $1.4M
  </td>
  
  <td valign="top">
    $52.6M
  </td>
  
  <td valign="top">
    $53.3M
  </td>
</tr>

<tr>
  <td valign="top">
    Regional Annual Incomes
  </td>
  
  <td valign="top">
    -$0.2M
  </td>
  
  <td valign="top">
    $12.9M
  </td>
  
  <td valign="top">
    $12.9M
  </td>
</tr>

<tr>
  <td valign="top">
    Regional Employment
  </td>
  
  <td valign="top">
    negative
  </td>
  
  <td valign="top">
    307  jobs
  </td>
  
  <td valign="top">
    307 jobs
  </td>
</tr>

<tr>
  <td valign="top">
    Social Impact
  </td>
  
  <td valign="top">
    Insignificant or minor
  </td>
  
  <td valign="top">
    Minor to major
  </td>
  
  <td valign="top">
    Minor to Major
  </td>
</tr>

<tr>
  <td valign="top">
    Demand Timeframe
  </td>
  
  <td valign="top">
    2030
  </td>
  
  <td valign="top">
    Now
  </td>
  
  <td valign="top">
    Now
  </td>
</tr>
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