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Economic Impact Assessment & Grant Applications
Burnham Beeches Feasibility and Grant Applications
Dandenong Ranges, Victoria
2024
Economic Impact & Grant Application
Burnham Beeches Pty Ltd
Overview
The Burnham Beeches redevelopment is a transformative regional tourism and heritage project focused on breathing new life into Victoria’s iconic Art Deco estate in Sherbrooke, Dandenong Ranges. ODIN360’s role encompassed the preparation of a compelling, data-driven economic impact assessment and full grant application to the Victorian Regional Tourism Infrastructure Fund (RTIF), making the case for $5 million in government support for this $43 million plus investment.
The project features the creation of a destination Six Senses luxury hotel and wellness centre—Australia’s first—alongside eco-glamping, immersive spa experiences, hospitality venues, a market village precinct, and extensive nature-based visitor facilities. ODIN360’s economic analysis demonstrated that Burnham Beeches promises over $237 million in net regional benefit over 15 years, with sustaining impacts on job creation (200+ construction roles, 170+ ongoing operations) and private sector investment leverage exceeding 8:1.
The work included detailed modelling of visitor segments, seasonality, and expenditure patterns, underscoring the region’s need for high-yield accommodation and the unique potential of wellness tourism to drive year-round business. The project is directly aligned with the priorities of the Yarra Valley & Dandenong Ranges Destination Management Plan, Experience Victoria 2033, and THRIVE 2030 strategies, especially around sustainability, heritage conservation, and luxury tourism product development.
Critically, ODIN360 coordinated the submission of a robust evidence-based grant application, integrating comprehensive financials, stakeholder endorsements, planning compliance, and community benefit arguments. The Burnham Beeches application was successful and grant funding awarded to Burnham Beeches.
Key Deliverables
- Comprehensive economic impact assessment covering visitor demand, job creation, and regional economic benefits
- Detailed market, visitor segmentation, and financial feasibility analysis
- Funding and investment strategy targeting the Regional Tourism Infrastructure Fund (RTIF)
- Preparation and submission of a government grant application (including supporting documents and business case)
- Stakeholder engagement and alignment with tourism and government strategies
- Project management for compliance with funding criteria and reporting requirements
Outcomes
- $237 million net present value benefit estimated for the region over 15 years, with a 17:1 return on government investment
- Government and private investment leveraged, including a $5 million RTIF grant application and over $40 million in private funding
- Over 200 local construction jobs and 170 ongoing operational jobs forecast
- Significant increase in high-yield overnight and international visitation, repositioning the region as a luxury wellness tourism destination
- Heritage restoration and creation of sustainable, year-round tourism and hospitality experiences
- Strengthened alignment with regional, state, and national tourism and economic development strategies
- The Burnham Beeches application was successful and grant funding awarded to Burnham Beeches.
