Strategic Feasibility & Market Studies

KD&CO Advisors was retained to conduct market and financial feasibility studies for proposed observation experiences across North America, including Denver, Pittsburgh, and San Francisco. Across all studies, the work included tourism market review, competitive analysis, admissions modeling, revenue and operating cost projections, and five-year operating models.

Denver Spiral Tower

KD&CO Advisors was retained by Magnicity, the Paris-based global operator of iconic observation decks, and Ephraim, LLC, to conduct a comprehensive market and financial feasibility study for a proposed observation experience, Spiral Tower, in Denver, Colorado. The engagement encompassed a full review of the Denver tourism market, as well as the competitive landscape. KD&CO produced a detailed admissions and financial model, including revenue and operating cost projections, ticket segmentation by market segment, reseller, and group sales analysis, and average ticket price benchmarking.

Pittsburgh Observatory

KD&CO Advisors was engaged by Magnicity and Top of the Triangle, LLC to provide strategic consulting in support of a potential observation deck venture in Pittsburgh, Pennsylvania. The engagement focused on evaluating and reviewing the existing financial model for the proposed attraction, incorporating a Pittsburgh market study to assess whether the local tourism market could support the anticipated admissions volume. Key deliverables included an updated financial model covering pre-opening and the first five years of operation, an admissions segmentation report and ticket pricing analysis, and a comprehensive Pittsburgh market review.