A successful recreational facility project begins with a thorough feasibility study. At Ballard King & Associates, we offer a comprehensive approach to evaluating your project’s potential by analyzing community needs, market demographics and demand, operational considerations, and financial viability. Our feasibility studies provide the foundational insights necessary to make informed decisions and ensure long-term success.
Needs Assessments and Market Analysis
Understanding the community’s needs is crucial for any recreation project. We conduct in-depth needs assessments and demographic analyses to evaluate the local demand for recreational facilities.
Our needs assessment and market analysis examines local demographics and trends, along with participation data, allowing us to provide accurate insights into user expectations and service gaps.
Public Input and Facility Program Recommendations
Gathering feedback from the community is essential to aligning your project with local expectations. We work closely with each client to craft a public input process that fits their needs.
Common components include public input sessions, focus groups, stakeholder meetings, and other methods to collect valuable data. Based on public input and other data points, we develop facility program recommendations tailored to community preferences, ensuring that the proposed facility meets its users’ needs.
Operational/Business Plan and Partnership Assessment
Beyond a project that evaluates building a facility, B*K assesses its long-term operational viability. Our partnership assessment identifies potential collaborators, such as existing providers, non-profits, schools, or private organizations, to enhance project sustainability.
B*K places the groups on a partnership spectrum that allows easy interpretation by the client. B*K is considered experts in the development of detailed operational and business plans that address staffing, programming, and financial projections to ensure the facility’s success from day one.
Ballard King & Associates provides comprehensive feasibility studies that help you make informed decisions about your recreation project. By addressing community needs, analyzing market data, incorporating public input, and offering partnership and operational strategies, we ensure your facility is set up for long-term success. Let us guide you through the planning process to create a thriving community asset.