Facility Impact Study

A Facility Impact Study is used by administrations and boards to analyze the operational and economic impact that would result from the creation and operation of a new facility.

Impact Study Objectives:

• Who are the potential user groups?
• What amenities would enhance positive cashflow?
• How will the facility impact other agency operations?
• What is the cost of management requirements?
• What is the construction cost?
• What is the financial commitment to operations?

The PIVOT Reality Check - Understanding Local Condition. PIVOT gathers information through one-on-one interviews and group meetings with park boards, local education administrators, athletic directors, coaches, chamber of commerce representatives, business leaders and other key individuals in the community.

PIVOT presents national recreation trends and future expectations to develop a foundation for project leaders and to help define the needs and desires of the stakeholders. Not to be confused with fads, which are quick fixes that enjoy brief popularity before disappearing due to lack of results, recreation trends evolve slowly over time from a specified direction; thus opportunities occur. PIVOT analysis also includes demographic trends: age distribution, income and housing characteristics, population shifts and availability of discretionary income.

PIVOT Listens Carefully To The "Voice Of Your User." Public places are extensions of the people who use them. Community desires may include gymnasiums, cardiovascular and strength training areas, aerobic and dance rooms, rock-climbing walls, suspended jogging tracks, gymnastics, community rooms, childcare centers, kid fit areas, locker rooms and concession operations. Indoor or outdoor aquatic facilities may showcase leisure pools, competitive aquatic venues, therapy waters, training facilities or even wave pools! Recurring revenue from frequency of visits is often a function of the variety of wet and dry features that increase attendance and participation, making memorable recreation experiences rewarding for the entire family.

The PIVOT Concept Assessment. The vision of your facility is formed into a space program that meets the needs of your unique market. Visioning is an important phase of the entire process as the facility cost analysis is specific to the proposed spaces to meet the needs and desires of the community. This stage includes PIVOT experience-based opinions for estimated direct and indirect project costs.

PIVOT Financial Modeling. PIVOT creates a financial pro forma for your facility and considers all probable expenses and revenues. This financial model is of incalcuable value to make knowledgeable and informed decisions before proceeding into the design phase. The financial performance of your envisioned facility is developed through an exhaustive PIVOT Expense and Revenue Analysis. Your recurring revenue and expenses are projected through the first five years of operation.

Armed with this thorough and realistic analysis, you can garner public support and the project can begin design work with the confidence that there will be impressive results in a fun and exciting center that enriches the entire community.