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10-18-16 Pasco Aquatic/Community Center PresentationPASCO AQUATIC / RECREATION CENTER PROJECT REPORT OCTOBER 18, 2016 MARKET ANALYSIS MARKET ANALYSIS Primary Service Area Secondary Service Area Population: 2010 Census 63,520 219,275 2015 Estimate 71,759 240,482 2020 Estimate 79,906 261,316 Households: 2010 Census 19,260 77,981 2015 Estimate 21,719 85,387 2020 Estimate 24,169 92,716 Families: 2010 Census 14,923 55,674 2015 Estimate 16,782 60,798 2020 Estimate 18,652 65,954 Average Household Size: 2010 Census 3.28 2.79 2015 Estimate 3.29 2.80 2020 Estimate 3.29 2.80 Ethnicity (2015 Estimate): Hispanic 53.9% 29.3% White 55.9% 73.4% Black 2.3% 1.9% American Indian 0.6% 0.9% Asian 2.1% 2.8% Pacific Islander 0.2% 0.2% Other 35.3% 16.8% Multiple 3.6% 4.0% Median Age: 2010 Census 27.7 32.9 2015 Estimate 28.5 33.6 2020 Estimate 28.8 34.4 Median Income: 2015 Estimate $51,330 $58,242 2020 Estimate $57,358 $68,749 Demographics MARKET ANALYSIS Sports Participation Indoor Activity Average 2010 Part. 2015 Part. 2020 Part. Difference Aerobics 15.5% 8,319 9,444 10,525 2,206 Basketball 8.5% 4,567 5,185 5,778 1,211 Cheerleading 1.4% 763 866 965 202 Exercise Walking 34.6% 18,585 21,097 23,512 4,927 Exercise w/ Equipment 18.7% 10,033 11,389 12,693 2,660 Gymnastics 2.2% 1,161 1,318 1,469 308 Martial Arts / MMA 2.3% 1,256 1,425 1,589 333 Running/Jogging 15.2% 8,189 9,296 10,360 2,171 Swimming 16.6% 8,902 10,105 11,262 2,360 Volleyball 3.8% 2,058 2,336 2,604 546 Weight Lifting 11.8% 6,369 7,230 8,057 1,688 Workout @ Clubs 12.3% 6,622 7,517 8,377 1,756 Wrestling 1.2% 634 720 803 168 Yoga 10.6% 5,689 6,458 7,198 1,508 MARKET ANALYSIS Market Opportunities •There are no public indoor pools in the greater Tri-Cities market area. •The City of Pasco does not have a comprehensive indoor recreation center •The vast majority of private health clubs are located in Richland and Kennewick leaving a larger market in Pasco. •Pasco’s Memorial Pool serves the need for seasonal long course competitive swimming (50-meter distance). •There are very limited outdoor leisure oriented aquatic facilities in the market •The market is more than large enough to support a significant aquatic/recreation center. •The proposed site for the aquatic/recreation center is easily accessible to people throughout the Tri-Cities area. •The warm summer weather is advantageous to an outdoor aquatic element to the facility. MARKET ANALYSIS Market Constraints •The fees being paid at most facilities for recreational swimming are at the low end of the spectrum. •Most competitive swim teams are also paying very low fees for the use of pools. •The City of Pasco does have two existing gyms that are currently being utilized for recreation programming. •LifeQuest is a significant private center in Pasco. •The proposed site is at the far north end of Pasco making access from the southern area of the city more difficult. •The facility will likely not be able to cover its cost of operation by revenues generated from the facility. PROGRAM OPTIONS LOW MED HIGH REVENUE EXPENSE RECREATION COMPONENTS - OPERATIONAL COST LOW MED HIGH REVENUE EXPENSE RECREATIONAL COMPONENTS - OPERATIONAL COST AQUA AEROBICS LEARN TO SWIM FITNESS SWIM CONCEPT PLAN OPTIONS OPTION A - AQUATICS ONLY CONCEPT PLAN OPTIONS OPTION B - AQUATICS / COMMUNITY SPACE / FITNESS CONCEPT PLAN OPTIONS OPTION C - AQUATICS / GYMNASIUM / TRACK SITE OPTIONS SITE SITE OPTION 1 SITE OPTION 2 SITE OPTION 3 PROGRAM REFINEMENT PREFERRED FACILITY OPTION OPTION D - AQUATICS / GYMNASIUM / TRACK / FITNESS PREFERRED FACILITY OPTION OPTION D - AQUATICS / GYMNASIUM / TRACK / FITNESS CONCEPT PLAN OPTION D - AQUATICS / GYMNASIUM / TRACK / FITNESS CONCEPT PLAN OPTION D - AQUATICS / GYMNASIUM / TRACK / FITNESS CONCEPT PLAN OPTION D - AQUATICS COST ESTIMATE CAPITAL COST ESTIMATE AQUATICS CAPITAL COST ESTIMATE ELEMENT Aquatics MULTIPURPOSE LIFESTYLE/LEISURE POOL Lifestyle/Leisure Pool 4,200 SF x $275.00 $1,155,000 Water Play Features and Equipment 1 LS x $180,000.00 $180,000 River and Vortex Propulsion System (118' + 20')1 LS x $55,000.00 $55,000 Underwater Bench Seating 2 LS x $13,000.00 $26,000 Access Equipment 1 LS x $45,000.00 $45,000 Water Baskeball Goals 2 EA x $4,500.00 $9,000 Unique Features 1 LS x $110,000.00 $110,000 Subtotal $1,580,000 WATER SLIDE AND 20 FT CONCRETE TOWER Water Slide and Runout Flume 1 LS x $295,000.00 $295,000 Foundations and Mechanical 1 LS x $45,000.00 $45,000 Water Slide Timing System 1 LS x $20,000.00 $20,000 Subtotal $360,000 WHIRLPOOL SPA Whirlpool Spa 1 LS x $210,000.00 $210,000 Insulation Cover 1 LS x $5,000.00 $5,000 Access Equipment 1 LS x $8,000.00 $8,000 Subtotal $223,000 Subtotal - Estimated Construction Cost $2,163,000 Tax 0%x $2,163,000.00 $0 State Tax 0%x $2,163,000.00 $0 Contractor Markup (Overhead & Profit)0%x $2,163,000.00 $0 Contingency 0%x $2,163,000.00 $0 TOTAL ESTIMATED CONSTRUCTION COST (2017 Dollars)$2,163,000 Pasco WA Family Aquatic Center INDOOR CONCEPT DESIGN COST OPINION 13-Oct-16 QUANTITY COST AQUATICS CAPITAL COST ESTIMATE ELEMENT Aquatics OUTDOOR WAVE POOL AND RIVER Wave Pool 6,000 SF x $275.00 $1,650,000 Wave Fan and Wave Equipment 1 LS x $250,000.00 $250,000 River Pool Base River (210 lf by 10 ft)2,600 SF x $255.00 $663,000 River and Vortex Propulsion System 1 LS x $35,000.00 $35,000 Underwater Bench Seating 1 LS x $13,000.00 $13,000 Access Equipment 1 LS x $60,000.00 $60,000 Adventure Channel (100 lf)1,000 SF x $255.00 $255,000 Misc Features 1 LS x $50,000.00 $50,000 Subtotal $2,976,000 WATER SLIDE COMPLEX AND 30 FT PAINTED TOWER Water Slide Tower and Raft Ride Flume 1 LS x $395,000.00 $395,000 Raft Plunge Pool 720 SF x $255.00 $183,600 Unique Drop Tube Flume to Runout 1 LS x $190,000.00 $190,000 Open Body Flume to Runout 1 LS x $230,000.00 $230,000 Subtotal $998,600 OUTDOOR POOL SITE WORK Pool Deck 15,800 SF x $7.50 $118,500 Sun Turf 30,000 SF x $2.35 $70,500 Landscaping 1 LS x $90,000.00 $90,000 Fence 850 LF x $45.00 $38,250 Subtotal $317,250 Subtotal - Estimated Construction Cost $4,291,850 Tax 0%x $4,291,850.00 $0 State Tax 0%x $4,291,850.00 $0 Contractor Markup (Overhead & Profit)0%x $4,291,850.00 $0 Contingency 0%x $4,291,850.00 $0 TOTAL ESTIMATED CONSTRUCTION COST (2017 Dollars)$4,291,850 Pasco WA Family Aquatic Center OUTDOOR CONCEPT DESIGN COST OPINION 13-Oct-16 QUANTITY COST OPERATIONS ESTIMATE Category Expenditures $2,700,635 Revenues $2,293,972 Difference -$406,663 Recovery Rate 85% Expense/Revenue Comparison OPERATIONS ESTIMATE Category Daily 10 Admiss Summer Annual Adult (18+) $9.00 $80 $95 $275 Teen (13-17) $8.00 $70 $85 $225 Youth (4-12) $7.00 $60 $75 $190 Senior (65+) $7.00 $60 $75 $190 Family N/A N/A $185 $550 Admission Fees Days Center Hours Outdoor Hours Monday-Friday 5:00am-10:00pm 11:00am-7:00pm Saturday 8:00am-8:00pm 11:00am-7:00pm Sunday 8:00am-8:00pm 11:00am-7:00pm Hours per Week 109 56 Hours of Operation QUESTIONS