Most modern civilizations emphasize the many forms of literary, visual, oral and performing arts, as well as cultural, monumental, symbolic, religious and historical buildings, natural and human-made landmarks, temples and other features that make their culture unique. In order to provide access to such cultural and artistic offerings to the local population and to global tourists, it is essential that safe, functionally-designed, sensory appealing, and well maintained "art and cultural facilities" infrastructure be developed and maintained in order to house, exhibit and safeguard artistic and cultural works, artefacts, structures, landmarks and features. "Art and Cultural Infrastructure" includes buildings and related assets and facilities including museums; galleries; performing arts centers; exhibit centers; zoos and aquariums; planetariums; archaeological; preservation, access and displays of archaeological, cultural, historical, religious, scientific and natural landmarks and monuments; monument and landmark tourism and visitor centers and facilities; and, other related arts and cultural facilities. The mix between public and private ownership and/or operations and maintenance of each category of arts and cultural infrastructure facility varies from jurisdiction to jurisdiction.
To be clear, the topic of "arts and cultural infrastructure" does not include any element of the artistic, historical, archaeological, scientific, exhibition, tourism, educational and related functions which occur within the respective facilities. "Arts and Cultural Facilities Infrastructure" involves the planning, design, financing, operations and maintenance of buildings, facilities and assets including museums, galleries, performing arts and exhibition houses, zoos, aquariums, planetariums, visitor centers, landmarks and other related facilities and assets. Auxiliary assets related to arts and cultural facilities can include assets such as interior and exterior furnishings; parking facilities; building heating, cooling and ventilation (HVAC) systems; administrative and maintenance facilities; high-value artefact armored display, transport and storage systems and facilities; restricted entry, security and surveillance systems and facilities; ticketed entry systems and facilities; food/dining and gift shop facilities; maintained garden and landscape facilities. The functional design, aesthetics, operations and maintenance of each type of art and cultural facility needs to accommodate the exact type of artistic or cultural display and related activities that occur within the respective type of facility.
DCS experts can assist both public and private sector clients in evaluating, planning, financing, developing, constructing, operating and managing all types of arts and cultural facility infrastructure assets.
In the arts and cultural facility infrastructure segment, DCS experts can add significant value through application of innovative technologies and processes, and public-private partnerships. Our advisory services help our clients align the capabilities of private sector capital, innovation, "know-how", efficiencies, life-cycle operational and maintenance discipline, and management resources with the societal objectives of providing access to highly functional, high-quality and well-maintained arts & cultural facilities. Our experts also have significant experience and competence in delivering social infrastructure assets under various development, financing, operating and ownership models, including Design-Build (D-B), Engineering Procurement and Construction (EPC), Design-Build-Finance (DBF), Operations & Maintenance (O&M), Design-Build-Transfer (DBT), Design-Build-Operate-Transfer (DBOT), Design-Build-Operate-Maintain (DBOM), Design-Build-Finance-Operate-Maintain (DBFOM), Design-Build-Own-Operate (DBOO), Design-Build-Own-Operate-Transfer (DBOOT), and similar variations. We also have significant experience advising on public-private partnership (P3) within the infrastructure/social infrastructure space. Our broad and global experience also includes all forms of P3 models, under a regulated or deregulated user fee regimes, long-term availability payment, user-fee and hybrid concession and/or lease transactions.
Within the arts and cultural facility infrastructure segment DCS experts maintain relationships with related project consultants and participants including: both international and local legal advisors; technical, engineering and environmental/social advisors, economic/market consultants; contractors, vendors and technology providers; strategic and financial equity sponsors; lenders (including commercial lenders, international/development financial institutions (IFIs/DFIs), Export Credit Agencies and Export-Import Banks (ECA/Ex-IMs), institutional lenders, bond funds and investment banks) and credit rating agencies (if applicable). We are always prepared and highly experienced in taking on a lead transaction advisory or project/program management role where we coordinate and manage (in some cases, procure and retain via subcontract) various technical, legal and other consultants required for the project. On behalf of our clients we are also prepared and accustomed to leading and concluding negotiations with governmental/public sector or equity sponsors, contractors and venders, lenders, rating agencies and regulators, as may be relevant for a given project.
In many client cases, there may also be a significant nexus between arts and cultural facility infrastructure facilities and other sectors that we specialize in, such as transportation (parking facilities and systems, rail, bus, shuttle and urban mobility systems), social infrastructure (complimentary education; parks & recreation; stadiums, arenas, convention/exhibition centers); real estate (mixed-use, shared-use, transit-oriented development), hospitality & tourism and others, as relevant. We are prepared to bring our complementary expertise in these other sectors to our arts and cultural facility sector clients, as their specific project may benefit. There may be many collaborative partnership opportunities between diverse companies and public and private service providers, who may also have synergistic objectives and opportunities related to arts and cultural facility infrastructure assets and systems. We can help our clients expand the horizons of their project and analyze and understand synergistic economic and commercial impacts related to arts and cultural facility infrastructure assets and services. This will help forge potential new innovative partnerships with both private and public sector parties, where significant added-value can be realized.
Please click on the below links to learn more about the specific services related to the arts and cultural facility infrastructure segment that DCS experts can offer:
DCS focuses on providing the above services in the arts and cultural facility infrastructure sector to the following categories of clients:
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Dean Capital Strategies GmbH
Vienna, Austria
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email DANIEL@DEANCAPITAL.eu