creation of a modern public wellness and sports tourism hub

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Creation of a Modern Public Wellness and Sports Tourism HubA PPP solution for Sport based, Public Health, People Centered Revitalization of Port of Spain


Port of Spain“Sports Facilities are often the catalysts for Urban

Redevelopment”

People CenteredDevelopmentWe have tailored a Public Private Partnership (PPP) solution providing sporting and public health benefit for a wide cross section of the Port Spain Public.

A Facility that provides a win-win-win solution on and off the field.

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Public Private Partnerships (PPP)

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• PPP (also known as P3) is a common execution strategy employed with great success in the last 20+ years by several leading Government/ public entities. Each of these organizations have employed P3/PPP arrangements for Urban sports projects.

• Governments in the Caribbean are increasingly interested in using Public-Private Partnerships (PPPs) to develop critical infrastructure and improve service delivery. Caribbean governments are motivated by two main factors: (i) fiscal constraints; and (ii) growing appreciation of the efficiency gains to be made by engaging the private sector in delivering public services - Caribank

• “We are witnessing a shift in the way the next generation of sports facilities are being planning and designed …. Multi-use, multi-sport, multi-function – designed for flexibility in events, programming, and usage is key to the long-term success of these projects.” - Jason Clement, SFM CEO 2019


PPP Sport Opportunity

Multi-Sport Fields Shortages

Availability of Sport fields does not meet the

demand

Wet/Dry Season effect on Grass

Heavy Rains restricts availability of grass fields in Rainy Season and fields become unplayable in Dry

Season

Underutilized facilities

The existing park is underutilized. Only 3-4

popular windows of use. More use not possible

due to grass maintenance

No City programs for Grassroots

Healthy LifestyleNo safe spaces nor

programs to allow kids & Young Players to live a healthy life learning &

playing the games they love

Sports Tourism

Caribbean/International Youth Sport Tournaments

hosted at facility with Forex benefits for Airlines, hotels and POS Businesses

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The Solution

Turf Field Facility

Design, Construction & Operation of a 3 field 4G

Turf multisport facility

PPP

Public Private Partnership that provides a solution to land availability issues and

limited funding issues

Scheduling for All

Calendar booking system for usage including

existing, recreational, grassroots, at-risk, school,

rental etc.

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How will it work• More Public Players• More Sports

• Football• Hockey• Rugby

• More opportunities for at risk and disadvantaged youth

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• Temporary dividers and nets used to divide the individual fields into areas to play for each group of users depending on size of group, sport played and in accordance with schedule.


How will it work – Real World Examples of Urban Turf facilitiesPublic use and Rental sports fields

7Paris

Vancouver Los Angeles

Munich London

Amsterdam


How will it workThere is already a booking & Fee system for use of the Public Courts -Tennis/Netball and basketball courts in Nelson Mandela Park

Schedule includes

• Existing Users keep their slots

• Sports Club as Anchor Tenant

• Harvard Football Club as 2nd Anchor Tenant

• Grassroots, School and At-Risk Programs

• Extra slots are available to private rental

• Online Schedule and booking system

• Live Reports on public and rental usage data

• Base rental model on existing Tennis and Basketball system

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Sports Tourism - 600

Youth Grassroots -1000

Dis-advantaged Youth - 100

Local Sports Clubs - 500

New Users -200

Existing Users -

300

Who are users of the park after the facility upgrade?

Increase Park Users and Public engagement by over 700%


The Product

Nelson Mandela Sports Park3 - 4G Turf fields. 110m x 70m for Football, Hockey and Rugby. Multi purpose and flexible configuration for small sided or full match play

LocationA much needed sport facility in the heart of the Capital promoting public health, wellness and engagement in POS

POS Revitalization Catalyst

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Increase usage of park by Public –500%.

Bring regular youth and adult sporting events to the Capital including programs for at risk and disadvantaged

Local and Foreign Sports Tourism


The Product - details

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• Multisport Artificial turf fields that can be used for football, rugby and Hockey in various flexible configurations using divider system to allow for various sports, sizes and groups to play side by side maximizing space for maximum public use

• Existing Tennis, Netball and Basketball courts provide precedent framework booking arrangement for other sports

• Pavement refurbished as Walking/Jogging Track around entire sports park. POS Sports walk of fame

• Entire park Area refurbished to maximize field availability for public use

• Existing washroom facilities capacity utilized

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How Will PPP work – What does each party provide

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Capital Sports Facility Ltd

POS City Corporation

Long Term Operating Lease

Project PR /Communication

Lead

Lighting

Design, Construction and Maintenance of

Facility

100% Capex and Opex Funding

Administration of Grassroots & CSR

programs


Business ModelPrivately Run for Public Benefit

Private Capital and Operational Funding

No Public Cost for Construction nor

maintenance

Management Team

Administration and Maintenance staff with proven track record in

local/international facility & Event management

Incentivised Plan

Private ownership allows for incentivized revenue

plans and execution. Facility remains in pristine

shape

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Project Costs

$20M• Total Capital costs of project TTD

• Includes purchase of Maintenance Equipment

• Includes additional netting/goals etc. for subdividing to accommodate existing users and smaller rental groups

$500k• Yearly Operations and Maintenance Costs TTD

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FundingPrivate Investors

Private Debt

Mortgage Facility

$7,000,000$5,000,000

$8,000,000

Corporate Funding

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TimelineProject implementation in 18 months from Approval.

Construction time of 6 months

2020

JAN FEB

Gov’t ApprovalJul, 2020

MAR APR MAY JUN

Design Phase StartSep, 2020

JUL AUG SEP OCT

Construction Phase Start

Nov, 2020

NOV DEC JAN

2021

Fields ArriveFeb, 2021

FEB MAR APR MAY JUN JUL AUG SEP OCT NOV

Commission FieldsMay 2021

DEC

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Public ConsultJul/Aug, 2020


SWOT

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•Scholarship Showcases•Increase of City School

Programs•Opportunities for at risk and

City Primary School youth

•Gov’t administration in incentives and project support

•Bureaucracy of Lease administration

•Still does not satisfy public demand for sport facilities

•Public perception of park privatization

•Creation of a Modern Urban Sports Tourism and wellness hub

•Maximize use of City Park Space•Increase Public Engagement in City Through

Sports

Strength Weakness

OpportunityThreat


Summary of BenefitsTogether we Aspire, Together we Achieve

• World Class Facility Brought to Capital City of Port of Spain

• Increased use and improved experience for the POS public. All existing patrons of the park would continue to play on vastly improved surface

• Revenue to POS Corporation through lease arrangement and removed maintenance costs. There would be no cost to the public purse for construction nor operation costs

• Opportunity for Primary Schools & Disadvantaged youths to access grassroots programs at no public cost

• Sports Tourism coming to POS via North American University tours and International Youth Tournaments. USD Revenue for hotels, restaurants, vendors etc.

• The first multisport multiuse facility established in Port of Spain would raise the level of Port of Spain sport clubs.

• Sustainable model allows for continuous maintenance to ensure facility remains in pristine condition

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Thank YouColm de Freitas

+1 868 789 [email protected]

creation of a modern public wellness and sports tourism hub

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