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  • City Challenge Rīga: Dream Team

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    The document proposes a development plan for the area surrounding the Zunda canal in Riga, Latvia to address problems facing 7000 students. The plan includes cleaning the area, building a promenade and cinema, and is estimated to cost 670,000 euros with total revenues of 158,000 euros each year, becoming profitable within 5 years. The development aims to improve students' lives and reduce dropout rates from their university.

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    The document proposes a development plan for the area surrounding the Zunda canal in Riga, Latvia to address problems facing 7000 students. The plan includes cleaning the area, building a promenade and cinema, and is estimated to cost 670,000 euros with total revenues of 158,000 euros each year, becoming profitable within 5 years. The development aims to improve students' lives and reduce dropout rates from their university.

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    5 views12 pages

    City Challenge Rīga: Dream Team

    Uploaded by

    Ffff Dddd
    The document proposes a development plan for the area surrounding the Zunda canal in Riga, Latvia to address problems facing 7000 students. The plan includes cleaning the area, building a promenade and cinema, and is estimated to cost 670,000 euros with total revenues of 158,000 euros each year, becoming profitable within 5 years. The development aims to improve students' lives and reduce dropout rates from their university.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 12

    DREAM TEAM

    City Challenge Rīga


    October 30-31, 2021
    7000
    students
    Zunda canal surrounding area
    Problems faced

    Unhappy Students -----> Changing University --


    ---> Less Students -----> Less Tuition
    Our solution to assess these problems
    Development plan
    Planned costs estiamtes

    Cleaning the area Promenade Cinema


    EUR 500K
    EUR 50K Up to EUR 100K total
    and EUR 20k for bridge
    Expected gross revenue

    Licences for 30k all year long


    restaurants
    Ice skating 8k During the
    winter season
    rentals
    120k During the
    Cinema summer season
    Balance

    Total costs: Total revenue:


    670K 158K each year

    Profitable in 5 years!
    Who benefits?
    Make student’s lives great again!

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