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Attracting Investment to Complete the Construction of Riviera Club Aquapark in Irpin

An investment project to create one of Ukraine’s largest open-air water parks within the Kyiv metropolitan area, featuring modern water attractions, family recreation infrastructure, and a venue for music and creative events

Location
Irpin, Kyiv Region
Sector
Arts, entertainment, sports and recreation
Business activity
Organization of recreation and entertainment
Stage
Startup
Type of investment
Equity
Required investments
$1 000 000

ID: 44016

27.08.26

Riviera Club Aquapark is a large-scale recreational and entertainment complex in Irpin, Kyiv Region, combining a water park, family recreation, restaurant infrastructure, concerts and private events, as well as additional seasonal leisure formats.

The project is being developed within the Kyiv metropolitan area, with a potential target audience comprising residents of Kyiv, Irpin, Bucha, Hostomel, and surrounding districts.

The designed capacity of the complex provides for approximately 1,000 visitors per day.

  • Location: Irpin, Bucha District, Kyiv Region
  • Land plot area: 2.04 ha
  • Entertainment complex area: 1.64 ha
  • Parking: 0.4 ha (155 parking spaces)
  • Designed water park area: 16,000 m²

Key Components of the Complex

Phase 1 of Riviera Club includes: an adult water attraction complex with 6 water slides, a children’s water complex, a swimming pool, a children’s pool with a water play area, a children’s spray zone, a splashdown pool, a stage and infrastructure for music and creative events, a covered summer venue, a restaurant, food court, bar area, administrative and utility building, dual-purpose protective shelter, auxiliary infrastructure, and sanitary facilities.

A separate area is planned for private events.

The main swimming pool area is 621.8 m². For the event segment, the project includes a modern stage of approximately 49 m² and a summer seating area of approximately 738 m².

Phase 2 includes: a café, banquet hall, separate swimming pool with a jacuzzi, and a VIP area.

Business Model

Riviera Club is positioned not only as a water park, but as a multifunctional leisure & entertainment complex, allowing for several independent revenue streams.

1. Water Park

  • sale of full-day and hourly tickets;
  • family and children’s recreation;
  • VIP services and private areas.

2. Food & Beverage

  • restaurant;
  • food court;
  • bar;
  • café and banquet infrastructure.

3. Event Segment

  • concerts;
  • evening programs;
  • themed events;
  • corporate and private events;
  • venue rental.

4. Commercial Space

  • lease of retail and service space within the complex.

5. Winter Format

The business plan also considers using the site during the winter season for an ice rink, winter fair, food zone, and rental of retail space.

The multifunctional concept of the complex helps reduce the business’s dependence solely on the summer season and improve the efficiency of site utilization throughout the year.

Project Financial Model

Simple estimated payback period of the project: ≈ 5 years after reaching planned operating targets.

Offer to Investors

The project initiators are considering attracting a strategic or financial investor with an investment ticket from $1 to complete the development of Riviera Club Aquapark.

The investment is planned to be used to complete construction and installation works, purchase and install equipment, improve the site, launch engineering and operating infrastructure, and prepare the complex for opening.

The investor participation format, equity stake in the project, corporate structure, and investment return mechanism are subject to negotiation with the potential investor.

Additional information is available upon request.

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