CrazyDave 0 #1 October 30, 2003 we are going to get a wind tunnel in the Uk!!!!!!!! check out this off of:- http://www.hepherdixon.co.uk/site/newsroom_detail.asp?NR_ID=36&NR_Current=1 Indoor skydiving facility at Xscape puts in for planning permission in Milton Keynes - 30 June 2003 SkyVenture UK has today submitted a planning application for the UK’s first indoor skydiving facility. The application was submitted by consultants Hepher Dixon following consultation with Milton Keynes Council and other appropriate bodies. The iconic design has been produced by the World reknowned architects HOK sport who were responsible for the main stadium at the Sydney Olympic Games and a host of other well known facilities.are currently the architects for the National Stadium at Wembley and the redevelopment of Royal Ascot Racecourse. SkyVenture is a vertical wind tunnel that allows anyone to experience the thrill of freefall in a completely safe environment any day of the year in spite of the UK weather. The first SkyVenture tunnel has been operating safely in Orlando, Florida for the past 5 years and introduced thousands of people to the fun of body flying. The experience is so realistic to skydiving that there are almost no every competitive skydiving teams usesthat train without a wind tunnel to hone its performance. tunnel time. this is amazing i only just heard it... finally we will get one, this means that we can be bouncing around in the tunnel all winter! yey anyone else heard about this? Quote Share this post Link to post Share on other sites
gus 1 #2 October 31, 2003 skyventure.co.uk, it's been in the works for a while now. GusOutpatientsOnline.com Quote Share this post Link to post Share on other sites
mr2mk1g 10 #3 October 31, 2003 Please tell me your joking? This has been on the cards about 2 years... Quote Share this post Link to post Share on other sites
skydivejersey 0 #4 October 31, 2003 I keep hearing rumours that the costs are spiralling. Anyone know for sure that this is actually going to happen. Have the first bricks been laid yet? Quote Share this post Link to post Share on other sites
gus 1 #5 October 31, 2003 The following was posted on uk.rec.skydiving (28/10/2003) on behalf of Simon Ward: QuoteLast time I wrote, you may recall we required ~£1m to go to the next stage. At this time we are now at the point of requiring just under £700k with a number of investors saying the timescale was too short. Therefore we have extended the offer to Friday 19th December. We are also in talks with a number of possible large investors. So far we have brought in £1.6m of funding (plus lease and loans) and we are confident of the plan and appetite for the business, so do join as we bring in the final amount. Progress at the business end continues and we have developed further support from potential major customers. Importantly, we can also see the next two tunnels and are keen to move ahead in order to make this happen. I will write in the near future to keep you fully informed of progress, in the meantime please do tell friends and fellow investors that they still have the opportunity to invest. Do write or call should you require further information, documentation or a presentation on the business. Kind regards, Simon PS One final request, information of your intentions is exceedingly helpful so please do let me know! GusOutpatientsOnline.com Quote Share this post Link to post Share on other sites
mr2mk1g 10 #6 October 31, 2003 Not 100% sure. Will try to chat to a mate who has invested some money in the scheme (good investment (apparently)+ free tunel time). He should know more than most about what going on. Quote Share this post Link to post Share on other sites
skydivejersey 0 #7 October 31, 2003 I saw the busniness plan but wasn't convinced enough to put any money in. The return vs risk profile was quite low plus its seemed difficult to get your money out if you wanted it. I would still like to know is construction has started. I heard there were delays with the planning..... but like I say its all just rumour and my info could be all horseshit. Would be great to get something off the ground in the UK. The nearest otherwise is Paris which is very expensive. Cheaper to fly to the States for a weekend if you wanted to spend more than 20minutes. Quote Share this post Link to post Share on other sites
samhussey 0 #8 October 31, 2003 I think I heard that they'd got planning permission, just loking for more investment... might be wrong though... Quote Share this post Link to post Share on other sites
trumpetfish 0 #9 October 31, 2003 they have 700k and are looking for the rest now. investments can be made up till mid december now I think. i was thinking of investing but thought better of it. it was more of an 'emotional' investment rather than a sound financial one. I think return would be minimal and very long term. better off putting your money into the FTSE for 3 years, but thats only MO Quote Share this post Link to post Share on other sites sward 0 #10 October 31, 2003 Good to see the thread.... Most of the information posted is correct here. Full business and financial details can be found on the website - www.skyventure.co.uk The situation is this; - A £3.9m project for the first tunnel - Planning permission at Milton Keynes granted - Multi tunnels planned - Next two already in identified - Working closely with Xscape - All but £700k has been found - We have a special Skydiver's plan called the Founder Members' Club (FMC) that allows for investments between £1k and £5k and that offer special benefits (see website) - We plan to be ready about 8 months after the £700k is raised - The current Round 2 fundraising cash will NOT be touched untill the £700k is all in - It's a seriously tough market to raise money in! I'm always happy to answer questions directly Help make it happen - GET INVOLVED!! sward@skyventure.co.uk Quote Share this post Link to post Share on other sites sward 0 #11 October 31, 2003 Last post reminds me to add; - it will be an EIS investment which means most UK taxpayers get 20p of the £ back (in the next tax year as a cheque from Inland Revenue) and pay no Capital Gains Tax (CGT) after three years - compound rteturn is actually very good 33-38% is forecast Quote Share this post Link to post Share on other sites skydivejersey 0 #12 October 31, 2003 Personally I do not feel that a projected 33% return over 3 years is not a particularly good return on a construction project when the final construction costs can not be determined or confirmed with any great degree of certainty as the build has yet to progress. Quote Share this post Link to post Share on other sites cpoxon 0 #13 October 31, 2003 Interesting times for the UK with some news about a rival tunnel just picked up from uk.rec.skydiving. I've been hearing rumours about this tunnel for years! QuotePRESS RELEASE - Extreme Bodyflight Extreme Creations Ltd have today unveiled its plan to open the worlds largest skydiving wind tunnel in Bedford UK. A former MOD testing site is currently undergoing a major renovation to create a world leading centre for skydiver and recreational use. With a diameter of 16ft and creating wind speeds capable of sustaining both flat and free-flight, the tunnel which is planned to open mid 2004 will be second to none. Although the Bedford VST (Vertical Spinning Tunnel) has existed since 1955 it has never been used for bodyflight. Planning permission has been granted for the project after several months research and development. By utilising an existing facility Extreme Creations will be able to offer an outstanding flight experience and incredible value for money. The tunnel will be the first of its kind in the UK and will host state of the art training facilities and recreational areas staffed by highly a skilled tuition team. Visit www.extremebodyflight.co.uk for details and updates as the project progresses. As I asked on uk.rec.skydiving, it appears to be using one big impeller; I thought modern wind tunnels favoured several smaller blades for versatility and cleaner, upto-the-edge column of air?Skydiving Fatalities - Cease not to learn 'til thou cease to live Quote Share this post Link to post Share on other sites sward 0 #14 October 31, 2003 In response to skydive jersey 33% compound interest is equal to 312% or over three times your money back, after 4 years in the SkyVenture UK plc business plan Quote Share this post Link to post Share on other sites CrazyDave 0 #15 October 31, 2003 QuoteGood to see the thread.... Most of the information posted is correct here. Full business and financial details can be found on the website - www.skyventure.co.uk The situation is this; - A £3.9m project for the first tunnel - Planning permission at Milton Keynes granted - Multi tunnels planned - Next two already in identified - Working closely with Xscape - All but £700k has been found - We have a special Skydiver's plan called the Founder Members' Club (FMC) that allows for investments between £1k and £5k and that offer special benefits (see website) - We plan to be ready about 8 months after the £700k is raised - The current Round 2 fundraising cash will NOT be touched untill the £700k is all in - It's a seriously tough market to raise money in! I'm always happy to answer questions directly Help make it happen - GET INVOLVED!! sward@skyventure.co.uk well i havent heard about it before... and thought that it was a pretty big thing. im definatly gonna go there if it ever gets done! Quote Share this post Link to post Share on other sites vonSanta 0 #16 November 3, 2003 Aren't they building a nice wind tunnel at that Eussian DZ...wutzitcalled... Santa Von GrossenArsch I only come in one flavour ohwaitthatcanbemisunderst Quote Share this post Link to post Share on other sites skydivejersey 0 #17 November 3, 2003 Sorry I got the wrong end of the stick. I thought 33% return over 3 years after compounding.. Quote Share this post Link to post Share on other sites Bodyflight.Net 0 #18 January 24, 2004 Posted From: SkyVenture UK suffers another delay... Although reportedly "Under Construction" at the Skyventure.com website, the UK SkyVenture construction will be delayed once again. Although talks of purchasing a SkyVenture facility began in late 2002 early 2003, there has been no finalization of construction plans at this time. There has been a delay in acquiring the needed funds for this project even though they have opened the investing to all UK Skydivers and have a wide base of initial investors, they are still unable to go forth with this project. Nearby in Bedford, a former MOD spin tunnel is getting a major mechanical overhaul and will be operational to the public and skydivers in 2004. This 16ft tunnel will certainly be unique and maybe giving SkyVenture UK a run for it's money before either of them are even complete! We have not confirmed yet wether the SkyVenture UK project will be completed, but since SkyVenture deposits are non-refundable, I think they just might be stuck with one. Quote Share this post Link to post Share on other sites Markj 0 #19 January 24, 2004 Looks like the one in Bedford is almost defintely going to be opening, maybe as soon as August. Sounds more promising than the Xscape one. M.J . Quote Share this post Link to post Share on other sites xavenger 0 #20 January 26, 2004 There is an update on the aforementioned website about the Skyventure wind tunnel ------------ Update: 1/24/04 We just received an email from Simon Ward. They are expecting to stay on target and complete the purchase within the next 3 months. All of their contracts are now in place along side the planning permission. From our experience with the building of other SkyVentures, they should be open by early 2005 possibly even late 2004. ------------ I have no idea which will ultimately be the most successful tunnel of the two - but I am guessing that the Skyventure tunnel at Xscape will pick up a tremendous amount of "off the street" traffic which is exactly what is required to make the thing run at a profit. Last time I was at Skyventure Florida - I was told that something like 70-80% of their revenue came from off the street. I'm not convinced that the Bedford tunnel will have this advantage. I have not been involved with construction projects myself, but I have a friend who has a business sited on several large retail parks round the UK - and he reckons he gets very cheap electricity. I am guessing that the Skyventure tunnel might benefit from this if it buys units along with Xscape. Whichever opens first - I can't wait! Woooooo Woooooo!!!! Quote Share this post Link to post Share on other sites Markj 0 #21 January 26, 2004 Ye suppose you are right, they need the general public to take an interest, thats where the money will come from. Either way though, I can't wait, I have never been in a wind tunnel but would love to have a go. cheers . Quote Share this post Link to post Share on other sites xavenger 0 #22 January 26, 2004 Mark .. in my opinion they are just absolutely amazing. Aside from being a great place to learn a variety of freefall skills - they are just blindingly good fun. Ofcourse, jumping outta plane is pretty damn surreal. I can't help but smile before each exit as I think to myself "wow" - but in a different sort of way - using the tunnel is just as wacky. You're in a room and you're flying for god's sake!!! Quote Share this post Link to post Share on other sites Markj 0 #23 January 26, 2004 Haha, Ye I can imagine! it must really help with your freefall skills and must be a real blast! I was pretty exited when I heard there might be one in the UK soon. can't wait! M.J Quote Share this post Link to post Share on other sites sward 0 #24 January 26, 2004 Good to see plenty of Wind Tunnel talk and speculation. We just had a good time at the BPA AGM with lots of interest in the project. Last time I posted, we required £700k of the £3.9m (not cheap to get a wind tunnel into profit), this is now closer to £600k with plenty of further interest. The FMC (Founder Members' Club) has attracted interest and we have a good number of members. If you really want to see it happen quick, less talk and more action from those who can afford to get involved (FMC starts at £1k and you become a shareholder), it won't be built by people watching from the sidelines!! See www.skyventure.co.uk and feel free to e-mail me anytime for a direct answer and further information - so much better than rumour! Help make it happen, Sward Quote Share this post Link to post Share on other sites Markj 0 #25 January 26, 2004 Cool, thanks for that. Unfortunately I am a poor soul and don't have 1k to spare. If I win the lotto I will be sure to have a word with you about becoming a shareholder M.J . Quote Share this post Link to post Share on other sites Prev 1 2 Next Page 1 of 2 Join the conversation You can post now and register later. If you have an account, sign in now to post with your account. Note: Your post will require moderator approval before it will be visible. Reply to this topic... × Pasted as rich text. 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sward 0 #10 October 31, 2003 Good to see the thread.... Most of the information posted is correct here. Full business and financial details can be found on the website - www.skyventure.co.uk The situation is this; - A £3.9m project for the first tunnel - Planning permission at Milton Keynes granted - Multi tunnels planned - Next two already in identified - Working closely with Xscape - All but £700k has been found - We have a special Skydiver's plan called the Founder Members' Club (FMC) that allows for investments between £1k and £5k and that offer special benefits (see website) - We plan to be ready about 8 months after the £700k is raised - The current Round 2 fundraising cash will NOT be touched untill the £700k is all in - It's a seriously tough market to raise money in! I'm always happy to answer questions directly Help make it happen - GET INVOLVED!! sward@skyventure.co.uk Quote Share this post Link to post Share on other sites
sward 0 #11 October 31, 2003 Last post reminds me to add; - it will be an EIS investment which means most UK taxpayers get 20p of the £ back (in the next tax year as a cheque from Inland Revenue) and pay no Capital Gains Tax (CGT) after three years - compound rteturn is actually very good 33-38% is forecast Quote Share this post Link to post Share on other sites
skydivejersey 0 #12 October 31, 2003 Personally I do not feel that a projected 33% return over 3 years is not a particularly good return on a construction project when the final construction costs can not be determined or confirmed with any great degree of certainty as the build has yet to progress. Quote Share this post Link to post Share on other sites
cpoxon 0 #13 October 31, 2003 Interesting times for the UK with some news about a rival tunnel just picked up from uk.rec.skydiving. I've been hearing rumours about this tunnel for years! QuotePRESS RELEASE - Extreme Bodyflight Extreme Creations Ltd have today unveiled its plan to open the worlds largest skydiving wind tunnel in Bedford UK. A former MOD testing site is currently undergoing a major renovation to create a world leading centre for skydiver and recreational use. With a diameter of 16ft and creating wind speeds capable of sustaining both flat and free-flight, the tunnel which is planned to open mid 2004 will be second to none. Although the Bedford VST (Vertical Spinning Tunnel) has existed since 1955 it has never been used for bodyflight. Planning permission has been granted for the project after several months research and development. By utilising an existing facility Extreme Creations will be able to offer an outstanding flight experience and incredible value for money. The tunnel will be the first of its kind in the UK and will host state of the art training facilities and recreational areas staffed by highly a skilled tuition team. Visit www.extremebodyflight.co.uk for details and updates as the project progresses. As I asked on uk.rec.skydiving, it appears to be using one big impeller; I thought modern wind tunnels favoured several smaller blades for versatility and cleaner, upto-the-edge column of air?Skydiving Fatalities - Cease not to learn 'til thou cease to live Quote Share this post Link to post Share on other sites
sward 0 #14 October 31, 2003 In response to skydive jersey 33% compound interest is equal to 312% or over three times your money back, after 4 years in the SkyVenture UK plc business plan Quote Share this post Link to post Share on other sites
CrazyDave 0 #15 October 31, 2003 QuoteGood to see the thread.... Most of the information posted is correct here. Full business and financial details can be found on the website - www.skyventure.co.uk The situation is this; - A £3.9m project for the first tunnel - Planning permission at Milton Keynes granted - Multi tunnels planned - Next two already in identified - Working closely with Xscape - All but £700k has been found - We have a special Skydiver's plan called the Founder Members' Club (FMC) that allows for investments between £1k and £5k and that offer special benefits (see website) - We plan to be ready about 8 months after the £700k is raised - The current Round 2 fundraising cash will NOT be touched untill the £700k is all in - It's a seriously tough market to raise money in! I'm always happy to answer questions directly Help make it happen - GET INVOLVED!! sward@skyventure.co.uk well i havent heard about it before... and thought that it was a pretty big thing. im definatly gonna go there if it ever gets done! Quote Share this post Link to post Share on other sites
vonSanta 0 #16 November 3, 2003 Aren't they building a nice wind tunnel at that Eussian DZ...wutzitcalled... Santa Von GrossenArsch I only come in one flavour ohwaitthatcanbemisunderst Quote Share this post Link to post Share on other sites
skydivejersey 0 #17 November 3, 2003 Sorry I got the wrong end of the stick. I thought 33% return over 3 years after compounding.. Quote Share this post Link to post Share on other sites
Bodyflight.Net 0 #18 January 24, 2004 Posted From: SkyVenture UK suffers another delay... Although reportedly "Under Construction" at the Skyventure.com website, the UK SkyVenture construction will be delayed once again. Although talks of purchasing a SkyVenture facility began in late 2002 early 2003, there has been no finalization of construction plans at this time. There has been a delay in acquiring the needed funds for this project even though they have opened the investing to all UK Skydivers and have a wide base of initial investors, they are still unable to go forth with this project. Nearby in Bedford, a former MOD spin tunnel is getting a major mechanical overhaul and will be operational to the public and skydivers in 2004. This 16ft tunnel will certainly be unique and maybe giving SkyVenture UK a run for it's money before either of them are even complete! We have not confirmed yet wether the SkyVenture UK project will be completed, but since SkyVenture deposits are non-refundable, I think they just might be stuck with one. Quote Share this post Link to post Share on other sites
Markj 0 #19 January 24, 2004 Looks like the one in Bedford is almost defintely going to be opening, maybe as soon as August. Sounds more promising than the Xscape one. M.J . Quote Share this post Link to post Share on other sites
xavenger 0 #20 January 26, 2004 There is an update on the aforementioned website about the Skyventure wind tunnel ------------ Update: 1/24/04 We just received an email from Simon Ward. They are expecting to stay on target and complete the purchase within the next 3 months. All of their contracts are now in place along side the planning permission. From our experience with the building of other SkyVentures, they should be open by early 2005 possibly even late 2004. ------------ I have no idea which will ultimately be the most successful tunnel of the two - but I am guessing that the Skyventure tunnel at Xscape will pick up a tremendous amount of "off the street" traffic which is exactly what is required to make the thing run at a profit. Last time I was at Skyventure Florida - I was told that something like 70-80% of their revenue came from off the street. I'm not convinced that the Bedford tunnel will have this advantage. I have not been involved with construction projects myself, but I have a friend who has a business sited on several large retail parks round the UK - and he reckons he gets very cheap electricity. I am guessing that the Skyventure tunnel might benefit from this if it buys units along with Xscape. Whichever opens first - I can't wait! Woooooo Woooooo!!!! Quote Share this post Link to post Share on other sites
Markj 0 #21 January 26, 2004 Ye suppose you are right, they need the general public to take an interest, thats where the money will come from. Either way though, I can't wait, I have never been in a wind tunnel but would love to have a go. cheers . Quote Share this post Link to post Share on other sites
xavenger 0 #22 January 26, 2004 Mark .. in my opinion they are just absolutely amazing. Aside from being a great place to learn a variety of freefall skills - they are just blindingly good fun. Ofcourse, jumping outta plane is pretty damn surreal. I can't help but smile before each exit as I think to myself "wow" - but in a different sort of way - using the tunnel is just as wacky. You're in a room and you're flying for god's sake!!! Quote Share this post Link to post Share on other sites
Markj 0 #23 January 26, 2004 Haha, Ye I can imagine! it must really help with your freefall skills and must be a real blast! I was pretty exited when I heard there might be one in the UK soon. can't wait! M.J Quote Share this post Link to post Share on other sites
sward 0 #24 January 26, 2004 Good to see plenty of Wind Tunnel talk and speculation. We just had a good time at the BPA AGM with lots of interest in the project. Last time I posted, we required £700k of the £3.9m (not cheap to get a wind tunnel into profit), this is now closer to £600k with plenty of further interest. The FMC (Founder Members' Club) has attracted interest and we have a good number of members. If you really want to see it happen quick, less talk and more action from those who can afford to get involved (FMC starts at £1k and you become a shareholder), it won't be built by people watching from the sidelines!! See www.skyventure.co.uk and feel free to e-mail me anytime for a direct answer and further information - so much better than rumour! Help make it happen, Sward Quote Share this post Link to post Share on other sites
Markj 0 #25 January 26, 2004 Cool, thanks for that. Unfortunately I am a poor soul and don't have 1k to spare. If I win the lotto I will be sure to have a word with you about becoming a shareholder M.J . Quote Share this post Link to post Share on other sites