Case Studies
Lee Valley Regional Park Authority, Sport England, England Hockey, Tennis Foundation
Feasibility Study for the Lee Valley Hockey and Tennis Centre, Queen Elizabeth Olympic Park
Context
The facility is located on the edge of Queen Elizabeth Olympic Park, adjacent to Hackney Marshes and the boundary with Waltham Forest.
The facility is operated by the Lee Valley Park Authority (LVRPA), through their operating partner Vibrant Leisure Limited.
The study, led by LVRPA on behalf of Sport England, the Tennis Foundation and England Hockey aimed to identify options for the re-development of the site to drive revenue generation, whilst retaining provision for both tennis and Hockey. The whole format of competitive hockey is due to change as the sport launches its Hockey World Series, so an appropriate competitive venue is key for the NGB moving forward.
Equally the venue is a key part of the LVRPA portfolio, but needs to be at least cost neutral moving forward, given the funding structure of the LVRPA and the need to meet Board objectives.
Approach
The outcomes of the supply and demand analysis were translated into a series of facility design options, and capital costs, which were then evaluated against agreed, and rated criteria.
The development options identified included new and additional sport provision to diversify the offer, plus on-site accommodation and conference/seminar facilities which could also be used as corporate accommodation for competitive hockey events
As part of the option development, separate revenue models were created to demonstrate the relationship between capital investment and revenue return, to illustrate the timescales required to achieve a cost neutral situation.
The evaluation identified two realistic options for re-development, which could also be phased to accommodate capital investment, whilst continuing to generate revenue
Outcomes
Lessons Learnt
More information can be found at: https://www.better.org.uk/leisure-centre/lee-valley/hockey-and-tennis-centre