Careful Weighing of Innovation Centre Use

 

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Careful Weighing of Innovation Centre Use

Image of Professor Paul Thomas, Vice-Chancellor

25 March 2006

One of the reasons why the University has been so successful over the last decade is because of our flexibility, responsiveness, and adaptability. We have regularly reviewed our directions and made appropriate adjustments.

We are now clearly at a point where a review of the Innovation Centre is not only necessary, but also highly responsible.

We have, for some time, been concerned that there are not a large number of bookings for the Auditorium, spread evenly throughout the year. As the Coast continues to develop it is conceivable that other competing venues may emerge which can offer more complete and comprehensive conference, catering and accommodation packages. Such venues would adversely impact on the Auditorium hire costs, which we use to repay our debt on that building.

It needs also to be emphasised that the Auditorium was only designed to be a temporary facility, whilst we awaited more prestigious campus buildings of similar or greater scale.

First and foremost the Innovation Centre was built to house the start-up business incubator. We built on an enhanced scale to signal the confidence we had for the future of business development on the Coast. We deliberately avoided using previously occupied, refurbished buildings elsewhere. The Auditorium was to give us a Graduation and Exam venue, and its commercial activities would help retire the substantial debt borne by the University, because of its commitment to economic change.

Whilst end-of-year bookings are healthy, the rest of the year shows relatively weak demand. Add to this the ever changing needs of those who went to book event venues, and the decreasing number of very large stand-alone group functions, and it is clear that we have to investigate the various options open to us.

Another factor is that by March 2007 we will, with Education Queensland, have jointly constructed a new sports stadium that will seat 3000 people for events like Graduation. This is a 50 per cent increase over the capacity of the Auditorium.

I have received preliminary reports from a consultant and final decisions will only be made when the University's governing Council has interrogated the various options.

The possible options are varied, at this stage. The Auditorium could continue, but would need more extensive marketing and bookings to retire the debt. Alternatively the Auditorium could be reconfigured to match emerging needs more directly. A further possibility is that it could house much needed research space for researches linked with business generation. Another possibility is that further business generation activities could be housed there to provide more jobs. Yet another variant could be matching conference-accommodation needs more neatly. And of course, there could be a combination of these.

Nevertheless, whatever the eventual outcome, it would be highly irresponsible in the current circumstances, not to investigate all options carefully and decide in favour of what is best for both the rapidly growing University and the equally rapidly evolving Coast.

Professor Paul Thomas is Vice-Chancellor of University of the Sunshine Coast