CREDITON TOWN TEAM FEASIBILITY STUDY TEAM NEW CULTURAL HUB FEASIBILITY STUDY PART 1 “ART COMMUNITY ENTERPRISE” FINAL REPORT 10 MAY 2017 LIST OF CONTENTS AUTHOR’S INTRODUCTORY NOTE .............................................................................................. 5 SECTION 0 EXECUTIVE SUMMARY .............................................................................................. 6 0.1 INTRODUCTION ................................................................................................................................................................... 6 0.2 FINDINGS ................................................................................................................................................................................... 6 0.3 RECOMMENDATIONS .......................................................................................................................................................... 7 SECTION 1 – FEASIBILITY STUDY REQUIREMENTS ....................................................................... 9 1.1 INTRODUCTION ...................................................................................................................................................................... 9 1.2 METHODOLOGY/PROCUREMENT ROUTE .................................................................................................................. 9 1.3 PROJECT BACKGROUND .................................................................................................................................................. 10 SECTION 2 – NEED AND USAGE ................................................................................................ 14 2.1 SURVEYS AND TASK RESPONSES ................................................................................................................................ 14 2.2 PRIMARY USERS .................................................................................................................................................................. 17 2.3 SYMBIOTIC RELATIONSHIPS/ ENTREPREUNURIAL PARTNERSHIPS ....................................................... 19 SECTION 3 – COMPARATOR VISITS ........................................................................................... 27 3.1 THE PROGRAMME .............................................................................................................................................................. 27 3.2 VISIT REPORTS .................................................................................................................................................................... 27 3.3 SUMMARY OF COMPARATOR VISIT DATA .............................................................................................................. 27 3.4 LESSONS LEARNED ............................................................................................................................................................ 28 SECTION 4 – THE BUILDING ...................................................................................................... 30 4.1 FUCTIONAL NEEDS/ACCOMMODATION REQUIREMENT ................................................................................ 30 4.2 BUILDING SUMMARY AND TOTAL AREA ................................................................................................................. 31 4.3 AUDITORIUM SEATING SYSTEMS ............................................................................................................................... 31 4.4 COMMUNICATIONS AND IT ............................................................................................................................................ 32 4.5 CINEMA ................................................................................................................................................................................... 32 4.6 SATELLITE LIVE STREAMING ....................................................................................................................................... 33 4.7 TICKETING SYSTEM ........................................................................................................................................................... 33 4.8 SECURITY AND ACCESS .................................................................................................................................................... 33 4.9 FITTINGS FURNISHINGS AND STYLE ......................................................................................................................... 34 4.10 SUSTAINABILITY .............................................................................................................................................................. 34 4.11 ESTIMATED COSTS .......................................................................................................................................................... 35 4.12 BUILDING SUMMARY ..................................................................................................................................................... 36 SECTION 5 – TYPE OF BUILDING AND SITING ............................................................................ 38 5.1 THE ACE CONCEPT ............................................................................................................................................................. 38 5.2 BUILDING FORMAT AND OPTIONS ............................................................................................................................. 38 5.3 POTENTIAL LOCATIONS .................................................................................................................................................. 39 5.5 SELECTION OF PREFERRED LOCATIONS ................................................................................................................ 42 SECTION 6 - DEMOGRAPHICS AND AUDIENCE .......................................................................... 46 6.1 CREDITON TOWN POPULATION AND FUTURE CHANGES ............................................................................... 46 NCH Feasibility Study Final Report dated 10 May 17 2 of 90 6.2 GREATER CREDITON AND MID DEVON CATCHMENT AREAS ....................................................................... 46 6.3 IMPACT OF FUTURE DEVELOPMENTS IN CATCHMENT AREA/MID DEVON .......................................... 46 6.4 POTENTIAL AUDIENCE FIGURES ................................................................................................................................ 46 SECTION 7 - TRANSPORTATION ................................................................................................ 49 7.1 FOOTPATHS AND CYCLEWAYS .................................................................................................................................... 49 7.2 CARS/CAR PARKING .......................................................................................................................................................... 49 7.3 RAIL ........................................................................................................................................................................................... 50 7.4 BUSES ....................................................................................................................................................................................... 50 7.5 CONCLUSIONS ...................................................................................................................................................................... 51 SECTION 8 – FINANCIAL VIABILITY ........................................................................................... 52 8.1 COSTING BASIS .................................................................................................................................................................... 52 8.2 FINANCIAL MODEL ............................................................................................................................................................ 54 8.3 THE RESULTS ........................................................................................................................................................................ 55 8.4 FINANCIAL CONCLUSIONS ............................................................................................................................................. 56 SECTION 9 – FUNDING ............................................................................................................. 57 9.1 CURRENT CLIMATE ........................................................................................................................................................... 57 9.2 FUNDING STRATEGY ......................................................................................................................................................... 58 SECTION 10 – MANPOWER MANAGEMENT AND GOVERNANCE ............................................... 59 10.1 MANPOWER AND MANAGEMENT REQUIREMENTS ........................................................................................ 59 10.2 OPERATIONAL MANAGEMENT TEAM .................................................................................................................... 62 10.3 LEGAL FORM OF NCH ....................................................................................................................................................