COSTS
Business analysis and support options. A business plan is available.
A
Cost estimate / EURO
Additional information:
We assume that the figures mentioned here will often need to be adjusted. The costs for purchasing the land are not applicable, as we are discussing a leasehold agreement. This results in a lower initial investment, and the land costs are represented as an annual lease payment. Currently, donation commitments of approximately 2.5 million euros are being mentioned; for the construction of Noah’s Ark, we must reach the goal of approximately 12.5 million euros. Depending on the financing basis, Noah’s Ark will be built first; in parallel, the exhibition content will be developed, and finally the walkable park will follow.
1.0. Earthworks, foundation engineering, information from specialist companies, building-ready property; included: cone hill, path depressions, parking areas for cars and buses with paved bedding, boundaries with wall 1-3 (H: 180 cm), path areas (calculation structure can be viewed; estimate only applies if the soil is not contaminated)
2.0 “Noah’s Ark”; wooden construction inside and outside; 4 floors; 3 stairwells; 1 elevator; lighting systems; windows facing the park
B
Business management analysis
For the assessment, the location and concept must be evaluated; in Kentucky, the creation theme predominates, accompanied by a zoo. However, our park will have at least five separate attractions. One of the largest and most interesting Bible exhibitions in the world; the “Park of Encounters” (also separately accessible for a small admission fee); the science exhibition with new and largely unknown presentations; and the cultural-historical themes will also appeal to their own target audience. This is complemented by a regularly updated themed exhibition. The creation theme is addressed both in the Ark and in the scientific exhibition. According to our assessments, the overall attractiveness of the CKP is therefore to be rated as very high.
Note:
Quote from Mark Loy: The economic impact of the Ark and the Museum prompted the Northern Kentucky Convention and Visitors Bureau to honor Answers in Genesis with the Star of Tourism Award in 2017. The economic impact of the Ark Encounter Park in the first year was estimated at around 200 million dollars. Ken Ham, head of “Answers in Genesis”: “What I notice when I walk across the parking lots of both attractions is that about 95 percent of the vehicles have license plates from other states”