Department of Planning & Community Development
Frankston, Victoria
Successful business case funds multi-million dollar health and wellness centre for the Frankston community.
Working with the Department of Planning and Community Development, we prepared a full business case for a multi-million dollar regional health, wellness, and aquatic centre (RHWAC) in Frankston Central.
The focus of this project was to build on the commercial feasibility study produced by the Frankston City Council for the RHWAC and complement this with a broader policy alignment, economic assessment, stakeholder analysis, risk analysis, as well as funding and implementation plans. Our output was a completed business case incorporating a detailed cost-benefit analysis.
The Treasury announced that the funding case for the Aquatic Centre was successful for these reasons:
- Frankston Central’s development is crucial if the Government’s urban policy aspirations are to be met
- Strategic facilities such as those proposed not only address urban development opportunities but will also help Frankston overcome its underlying socio-economic challenges, which have led to poor health, education, and workforce participation outcomes
- Significant Commonwealth funding could be leveraged if local and state agencies could commit to delivery within the short timeframes required by the Commonwealth.
Our business case met both gateway specifications, as well as the Treasury's guidelines, and was approved by the Expenditure Review Committee (ERC) and funded.