The Minerva Theatre Feasibility Study was undertaken with the principal aim of investigating whether a refurbished Minerva Theatre would be a viable performance space in the Sydney market. The Hawkridge Entertainment Services report completed for Create NSW and the City of Sydney also utilised Nick Tobin from Networked Urban Solutions.
The project had three phases:
- Due Diligence.
- Operations Management.
- Capital costs and acquisition.
The Due Diligence phase provided a situational analysis of the venue and the theatre market to establish the potential future use of the theatre and the key elements that would make it successful . It also researched the potential flow on effects for the surrounding precinct. This phase included discussion with market operators, promoters and local businesses to find out the interest in the venue and determine the likely utilisation.
The Operations Management phase examined in detail the potential governance options that could ensure the ongoing viability of the venue including a range of management models and acquisition strategies. These included commercially focused models as well as models that utlised existing funded arts organisations. Preliminary operating budgets prepared based on the conclusions developed in previous actions outlined a range of performance types and delivery options. Financial modelling took into consideration the type of activity that would be likely to perform and the length of time the production was likely to perform at the theatre.
Capital costs and acquisition
The Capital costs and acquisition phase utilised the components established in previous phases to develop preliminary architectural drawings outlining the potential design of the venue. Initial testing of the spatial considerations and requirements was undertaken by Scott Carver architects to determine the potential space available for seating and FOH and BOH operations. A cost plan established the potential cost for the delivery of the infrastructure project.
Hawkridge Entertainment Services delivers successful outcomes by finding solutions to complex issues. We listen to stakeholders and complete tasks in the timeframes required.
Other similar projects completed by Hawkridge Entertainment Services are available here.