Management Organization and Strategic Planning Projects
Three Year Strategic Plan for the Canadian Badlands Tourism Investment Foundation
Sierra Planning and Management was recently retained by Canadian Badlands Tourism Investment Foundation to provide a three-year blueprint for a regional strategy to attract tourism investment.
Sierra Planning and Management was recently engaged to identify and assess priority tourism investment opportunities for the Canadian Badlands region based on: a tourism market assessment (visitation statistics, visitor profile and product market match); identification of sectoral, sub-regional and scale of investment opportunities; an understanding of the visitation growth potential, potential economic and/or social impacts (positive or negative) of the tourism development opportunity by community/area; feedback from developer/ investor interviews; and best practice research and current trends. An investment impact assessment (economic impact) was also be completed for each project as well as an implementation plan.
The implementation plan provided a critical path for public investment, regulatory, planning and marketing actions to maximize both inward investment, local investment potential.
Foreign and Domestic Direct Investment Capacity Building / The Partnership of the Township of Val Rita-Harty, The Township of Opasatika, The Val Rita-Harty Economic Community Development Corporation and The Opasatika Regional Economic Development Team, 2011
Sierra Planning and Management was retained to undertake an economic development strategy for the partner municipalities to generate potential for foreign direct investment to this region of Northern Ontario.
Foreign and Domestic Direct Investment Capacity Building The Partnership of the Township of Val Rita-Harty, The Township of Opasatika, The Val Rita-Harty Economic Community Development Corporation and The Opasatika Regional Economic Development Team, 2011 Sierra Planning and Management was retained to undertake an economic development strategy for the partner municipalities to generate potential for foreign direct investment to this region of Northern Ontario.
Development of up to date Business and Community Profile;
Marketing of Competetive Advantages of the Region;
Asset identification including development sites;
Dedicated economic development website portals and full content;
Identification of target growth sectors and generation of investment leads; and
Preparation of training manuals and recommendations for creating permanent economic development office, mandate and funding plans.
Important to the strategy was the development of a regional argument in favour of the location for new investment capital in Northern Ontario. As a result, the strategy had an emphasis on regional assets, regional marketing and co-ordination of funding and infrastructure resources and planning
Confederation Park Master Plan Economic Feasibility Study
Sierra Planning and Management was retained to conduct an economic feasibility study of the Confederation Park Master Plan.
Sierra Planning and Management was retained to conduct an economic feasibility study of the Confederation Park Master Plan. The purpose of the Master Plan was to consider new development and activities for sites within the park to increase visitation. The feasibility study reviewed the Master Plan, assessed the existing functioning program and design work for the park, and provided recommended changes to the Plan. Our proposed recommendations better positioned the park with respect to revenue generating potential and private enterprise which meet the goals and objectives of the City of Hamilton and the Conservation Authority as the operator of the park.
The feasibility study reviewed and assessed the existing operations model and revenue, as well as the ranges of capital investment necessary to maximized potential commercial opportunities. Drawing on the Master Plan, Sierra determined the economic feasibility and financial self-sustainability of certain commercial opportunities as anchors for waterfront development. The study assessed an appropriate governance model and risk allocation between the City of Hamilton and private sector proponents for each stage of the redevelopment process. Based on this work, Sierra undertook the financial analysis of the overall build-out possibilities with recommendations for phasing future construction.