J Arleikvangur Ehf National Stadium Ltd Tender

A Team Led By Afl Architects (also Including Sector Experts Ipw…, Core Five, Ramboll, Hilson Moran, Mannvit And Mannverk) Was Appointed To Develop A Detailed Outline Business Case Testing The Feasibility And Deliverability Of A Future Stadium Solution, Considering And Quantifying Demand, Exploring Opportunities To Commercialise The Future Facility’s Operation, And Evaluating The Economic And Social Impact Associated With The Development. In Response To These Issues The Afl Team Completed Extensive Analysis Of The Current Position And Key International Data/ Benchmarks To Develop And Test A Series Of Potential Development Scenarios, Including: • Option A – Minimum Refurbishment Works • Option B -the Refurbishment Plus Upgrades To Make Uefa Category 4 Compliant • Option C – A Completely New Football Only Stadium – Of C. 15,000 Capacity - With And Without A Retractable Roof - Option C1 - As (c) But With The Current West Stand Retained • Option D – A Completely New Football Stadium Of C. 17,500 Capacity - With And Without A Retractable Roof - Option D1 - As (d) But With The Current West Stand Retained The Business Case Included Developing Initial Layouts For Each Option, Together With Detailed Capital Cost Projections And 15-year P&l Projections Identifying The Key Financial Implications And Opportunities For The Partners In Þjóðarleikvangur Ehf. In Pure Financial Terms And Based On Projections Of Latent Demand Linked To The New Stadium Effect, The 15,000 Capacity Option C (without Retractable Roof) Was Projected As Delivering The Best Outcome Of The Development Options, With Potential For This Option To Achieve An Operating Surplus While No Stakeholder Is Worse Off Than Currently. Objectives Of This Rfi Through This Rfi, Þjóðarleikvangur Ehf. Is Seeking To Test Initial Market Appetite In The Project From Stadium Operators/ Facilities Management Companies. This Particularly Includes Consideration Of: • The Icelandic Market - Is The Market In Iceland An Attractive Proposition For Entertainment Shows E.g. Concerts? - What Are Your Views On The Prospective Demand For Corporate Hospitality And Venue Sponsorship/ Partnerships At A New National Stadium? • The Venue Facility Mix/ Design - What Are Your Primary Observations On Reviewing The Lagardère Feasibility Study And, In Particular, The Business Case Prepared By The Afl Team? - Do You Consider 15,000 To 17,500 Capacity To Be Appropriate For The Market? - What Are The Financial/ Operating Implications Of Increased Capacity And The Inclusion Of A Retractable Roof? - What Other Additional Features Should Be Included In The Design For A New Stadium To Maximise Its Financial Performance? • The Commercial Proposition - What Would Be Your Preferred Type Of Commercial Arrangement (lease, Management/ Operating Agreement, Other) And Deal Term? - Would You Consider Investing In The Project? - How Would You See The Commercial (and Usage) Agreement With Ksí Working? - Would You Look To Take A Sole/ Direct Operation Of The Facilities, Or Seek (a) Partnership(s) With Local Partners? • Indoor Venue Considerations - What Would Be The Impact Of A New Arena/ Indoor Sports Venue In Iceland Located In The Area (within 400m) And What Would Be The Ideal Capacity? - Would It Enhance The Financial Viability Of The Project If An Arena Was Included? - Would It Change Your View Of Proposed Stadium Design If There Was A Complementary Arena? - If A New Indoor Arena Was Constructed Elsewhere In Iceland Would This Impact Your Stadium Appetite/ Proposals? Please See The Full Description And Details In The Provided Documentation At The Portal Website..