YOUTH CITY

Feasibility Study with Cost–Benefit Analysis (CBA)

Youth city Granešina (formerly the “Pionirski grad”) is a unique forest-park complex dedicated to programmes in education, learning, outdoor activities and recreation. The site is protected as a cultural heritage asset and includes a valuable park forest, which means its development must be based on safeguarding both its natural and cultural heritage.

The feasibility study was developed through the collection of extensive background materials and the involvement of key stakeholders in defining needs and programme priorities. The project envisages a comprehensive renewal and revitalisation: rehabilitation and reconstruction of existing buildings, together with the introduction of new cultural-educational and sports facilities, to upgrade current programmes and create space for new ones.

This project requires an EU logic that brings three requirements into one coherent whole: protection of cultural and natural value, social benefit (with children and young people as the primary target group), and deliverability through clear phasing of investment. That is why the study was set up as a decision-making tool.

Development options were analysed and an optimal option was selected—the only one that fully achieves the project’s objectives—together with an implementation plan structured into four investment phases.
The economic analysis confirms that the project is socially beneficial and suitable for co-financing, based on the logic that such public projects are justified not by private financial return, but by their wider societal impact.