The announcement of $9.3m in funding from the NSW Government’s Regional Sports Infrastructure Fund for a $44.5 million Western Region Institute of Sport in Dubbo is another example of WRI's collaboration with regional councils to help secure their strategic vision.
WRI provided an analysis of the non-quantifiable benefits of the Institute for Dubbo Council to support their case for funding the proposal. The result is a collaboration between Council, State Government, Charle Sturt University, Dubbo Police Citizens Youth Club and professional sporting bodies including the Penrith Panthers, Tennis NSW and NSW Rubgy.
WRI's findings demonstrated a strong case for improving the health and well being for the population of Western NSW and that the Institute would help to address disadvantage in the Dubbo region. This is in addition to the economic benefits of the construction and operations of the institute for the region, and the value of promoting and nurturing athletes in NSW.
It is expected that the precinct will be completed within three years, and will be based on the Dubbo campus of Charles Sturt University. The centre will become a globally recognised sporting facility with significance for a range of different sports, as well as offering education and community programs and services.
A development of this significance is an outstanding example of Inland Councils who plan for the future development of Western NSW and promotes a vision of regional cities as vibrant communities with world class infrastructure.
WRI has strong expertise in delivering business cases, including economic and financial modelling to support strategic planning an decision making. This announcement adds to WRI's track record which recently included $96m for James Cook University in Cairns for a Technology Innovation Centre and $10m for a second motor racing circuit for Bathurst.
Photo: Dubbo Daily Liberal; BELINDA SOOLE - Stakeholders at the announcement of the Western Region Institute of Sport in Dubbo on Tuesday, 11 September, 2018.