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Tasmania's Next Iconic Walk Feasibility Study

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Tasmania's Next Iconic Walk Feasibility Study Tasmania’s Next Iconic Walk Feasibility Study Final Report Parks and Wildlife Service 23 July 2021 (version 14) © SGS Economics and Planning Pty Ltd 2021 This report has been prepared for the Tasmania Parks and Wildlife Service. SGS Economics and Planning has taken all due care in the preparation of this report. However, SGS and its associated consultants are not liable to any person or entity for any damage or loss that has occurred, or may occur, in relation to that person or entity taking or not taking action in respect of any representation, statement, opinion or advice referred to herein. SGS Economics and Planning Pty Ltd ACN 007 437 729 www.sgsep.com.au Offices in Canberra, Hobart, Melbourne, and Sydney, on Ngunnawal, muwinina, Wurundjeri, and Gadigal Country. Tasmania’s Next Iconic Walk Feasibility Study Contents 1 THIS DOCUMENT .............................................................................................................................. 9 2 PROJECT CONTEXT ......................................................................................................................... 10 2.1 Project stages ..................................................................................................................... 10 2.2 Feasibility Study scope........................................................................................................ 11 2.3 Identifying feasible options ................................................................................................ 12 2.4 Key report inputs ................................................................................................................ 12 3 FEASIBILITY STUDY SUMMARY OF FINDINGS & RECOMMENDATION ............................................ 15 3.1 Summary of findings ........................................................................................................... 15 3.2 Recommendation ............................................................................................................... 17 4 PROJECT INFORMATION ................................................................................................................. 18 4.1 Project title ......................................................................................................................... 18 4.2 Project sponsor................................................................................................................... 18 4.3 Project description ............................................................................................................. 18 4.4 Comparison of options leading to a recommendation ....................................................... 25 5 PROJECT JUSTIFICATION ................................................................................................................. 27 5.1 Project goal......................................................................................................................... 27 5.2 Location .............................................................................................................................. 27 5.3 Definition of the ‘problem’, or case for change .................................................................. 27 5.4 Existing market demand ..................................................................................................... 31 5.5 Walk options ....................................................................................................................... 35 5.6 Development of the options ............................................................................................... 41 5.7 Market testing summary .................................................................................................... 42 5.8 West Coast community testing of the walk options ........................................................... 44 5.9 Engagement with the Tasmanian Aboriginal community ................................................... 47 5.10 Rapid engagement with walking sector providers .............................................................. 48 5.11 Estimate of likely visitation per year for each option ......................................................... 49 5.12 Project constraints.............................................................................................................. 51 5.13 Project benefits and outcomes ........................................................................................... 52 5.14 Links to government policy priorities ................................................................................. 55 5.15 Prioritisation and direct links to strategic asset management ............................................ 55 6 RISKS AND DEPENDENCIES ............................................................................................................. 56 SGS ECONOMICS AND PLANNING: TASMANIA’S NEXT ICONIC WALK FEASIBILITY STUDY 3 Tasmania’s Next Iconic Walk Feasibility Study 6.1 Risks .................................................................................................................................... 56 6.2 Technical standards and legislative requirements .............................................................. 63 6.3 External conditions and critical success factors .................................................................. 63 7 PROJECT MANAGEMENT AND IMPLEMENTATION ......................................................................... 66 7.1 Implementation strategy .................................................................................................... 66 7.2 Organisational change ........................................................................................................ 67 7.3 Resources ........................................................................................................................... 67 7.4 Stakeholder analysis ........................................................................................................... 67 7.5 Stakeholder management .................................................................................................. 71 8 MARKETS ........................................................................................................................................ 72 8.1 Market research ................................................................................................................. 72 9 TENDER .......................................................................................................................................... 75 10 TIMEFRAME .................................................................................................................................... 76 11 COSTS AND BENEFITS ..................................................................................................................... 78 11.1 Capital cost (planning and construction) ............................................................................ 78 11.2 Recurrent costs................................................................................................................... 79 11.3 Funding sources ................................................................................................................. 81 11.4 Operational options ............................................................................................................ 82 11.5 Commercial and community opportunities ........................................................................ 83 11.6 Cost-benefit analysis .......................................................................................................... 85 11.7 Costs ................................................................................................................................... 89 11.8 Revenues ............................................................................................................................ 91 11.9 Economic impact analysis ................................................................................................. 104 12 ACHIEVEMENT OF PROJECT SUCCESS .......................................................................................... 112 13 APPENDICES ................................................................................................................................. 114 13.1 Community survey results ................................................................................................ 114 13.2 Engagement with walking service providers .................................................................... 142 13.3 The current multi-day walker market ............................................................................... 152 13.4 Next Iconic Walk visitor experience statements ............................................................... 159 13.5 Track Option 1 map .......................................................................................................... 170 13.6 Track Option 2 map .......................................................................................................... 172 13.7 Benchmark track maps ..................................................................................................... 174 13.8 Part and full-day upgrade options .................................................................................... 178 SGS ECONOMICS AND PLANNING: TASMANIA’S NEXT ICONIC WALK FEASIBILITY STUDY 4 Tasmania’s Next Iconic Walk Feasibility Study 14 REFERENCES ................................................................................................................................
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