North Ipswich Sport and Entertainment Precinct Options Analysis Report December 2020 1 Contents Executive Summary ........................................................................................................................................................................ 1 1 Introduction ........................................................................................................................................................................... 6 2 Project Governance ............................................................................................................................................................... 7 2.1 Proposal Owner ............................................................................................................................................................ 7 2.2 Steering Committee ...................................................................................................................................................... 7 3 Methodology ......................................................................................................................................................................... 9 3.1 Risk Approach ............................................................................................................................................................... 9 3.2 Stakeholder Engagement Approach ........................................................................................................................... 10 4 Proposal Background ........................................................................................................................................................... 11 4.1 Project Background ..................................................................................................................................................... 11 4.2 North Ipswich Stadium Strategic Business Case (SBC) ................................................................................................ 12 4.3 City of Ipswich - Regional Snapshot ............................................................................................................................ 13 5 Service Need ........................................................................................................................................................................ 18 5.1 Problem statements ................................................................................................................................................... 18 5.2 Relevant Strategies, Plans and Projects ...................................................................................................................... 31 5.3 Stakeholders ............................................................................................................................................................... 33 5.4 Benefits sought ........................................................................................................................................................... 36 5.5 Potential initiatives ..................................................................................................................................................... 38 5.6 Base Case .................................................................................................................................................................... 40 6 Options generation .............................................................................................................................................................. 41 6.1 Approach..................................................................................................................................................................... 41 6.2 Initiatives long list ....................................................................................................................................................... 41 7 Option considerations ......................................................................................................................................................... 43 7.1 Project objectives criteria ........................................................................................................................................... 44 7.2 Project feasibility criteria ............................................................................................................................................ 46 7.3 Other considerations .................................................................................................................................................. 48 8 Options shortlist .................................................................................................................................................................. 51 8.2 Base Case .................................................................................................................................................................... 53 8.3 Project options ............................................................................................................................................................ 53 8.4 Capital costs ................................................................................................................................................................ 57 9 Demand profile .................................................................................................................................................................... 58 9.1 Event calendar ............................................................................................................................................................ 58 9.2 Attendances ................................................................................................................................................................ 63 10 Social impact evaluation ...................................................................................................................................................... 66 11 Economic analysis ................................................................................................................................................................ 67 12 Financial and commercial analysis ...................................................................................................................................... 68 i 13 Delivery model analysis ....................................................................................................................................................... 70 13.1 Delivery model analysis approach .............................................................................................................................. 70 13.2 Packaging evaluation .................................................................................................................................................. 74 13.3 Procurement model analysis ...................................................................................................................................... 74 13.4 Qualitative evaluation criteria and framework ........................................................................................................... 75 13.5 Assessment of shortlisted delivery model options ..................................................................................................... 76 13.6 Recommendations and next steps.............................................................................................................................. 77 14 Implementation considerations .......................................................................................................................................... 79 14.1 Transport considerations ............................................................................................................................................ 79 14.2 Sustainability and environmental considerations....................................................................................................... 80 14.3 Ownership and management model considerations .................................................................................................. 82 14.4 The precinct ................................................................................................................................................................ 86 14.5 Additional analysis ...................................................................................................................................................... 87 15 Conclusions and recommendations .................................................................................................................................... 89 15.1 Options analysis summary .......................................................................................................................................... 89 15.2 Conclusions ................................................................................................................................................................. 90 List of Tables Table 1: The options ....................................................................................................................................................................... 2 Table 2: Option analysis summary ................................................................................................................................................