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Proposed Lake Lanier Islands Hotel & Conference Center

Hall County, GA

Client:

Lake Lanier Islands Development Authority
Buford, GA

Scope of Work

Senior management of R.M. Woodworth & Associates assembled a team for the purpose of providing market analysis and development consulting services for a proposed 300-room hotel and conference center to be located at Lake Lanier Islands.  Specifically, our tasks included the following:

  • The preparation of a market feasibility study including projecting future utilization levels, recommending facilities, and preparing prospective financial statements.

  • Conducting a survey of meeting planners who focus on the trade association, professional society, and educational meetings markets.

  • An economic impact study to determine various impacts on Hall County and the State of Georgia.

  • Site planning and the preparation of conceptual architectural renderings.

  • Preparing development cost estimates including project construction, FF&E costs, design and engineering costs, pre-opening costs, and all other development costs necessary to complete the project.

  • Suggesting an appropriate financial structure for funding.

Timing

The analyses commenced in June 2018 and concluded in October 2018.

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