
Denmark
Operational initiatives
Nature finance
Public institution
New Cultural Hub – Fredericia Municipality
Client
Fredericia Municipality
Services
Operational Transformation & Implementation
Sustainable Growth & Commercial Impact
Project Description
Developing the business case to transform Bülow's Kaserne into a multi-functional cultural venue
The Project
Bülow's Kaserne (Barracks) is a historically significant, architecturally distinctive building at the heart of Fredericia, operating well below its potential — underused, poorly connected to the surrounding city, and without a clear identity. Fredericia Municipality saw an opportunity to turn it into a multi-functional cultural venue but needed a decision-ready business case before taking the project to political and philanthropic decision-makers. The task was to build the full analytical and strategic foundation the project needed to move from ambition to action.
Our Approach
Upstream Partners developed the business plan for Kulturkasernen Fredericia, covering strategy, financial viability, and implementation. The work included:
Conducting a market and site analysis covering cultural demand, accessibility, connectivity, architectural identity, surrounding development, and benchmarking against comparable venues
Mapping potential local restoration initiatives and relevant stakeholders
Mapping potential local restoration initiatives and relevant stakeholders
Defining a renewed vision and strategic positioning for Kulturkasernen and translating it into a 15,000+ m² area-use plan
Defining a renewed vision and strategic positioning for Kulturkasernen and translating it into a 15,000+ m² area-use plan
Developing a sustainability analysis covering renovation, operations, social inclusion, and biodiversity
Developing a sustainability analysis covering renovation, operations, social inclusion, and biodiversity
Building a 10-year financial model covering approximately DKK 303 million in capital investment, break-even from year six, and financing from municipal, philanthropic, EU, and private sources
Building a 10-year financial model covering approximately DKK 303 million in capital investment, break-even from year six, and financing from municipal, philanthropic, EU, and private sources
Impact
The business plan gave Fredericia Municipality a complete and credible foundation for political decision-making and external fundraising. By combining rigorous market analysis with a realistic financial model, Upstream Partners helped translate a long-standing ambition into a concrete, investable project.
Contact us for more information
Let's work together
Join Upstream Partners in our mission to create a sustainable, nature-positive future. By working together, we can meet international goals and protect the planet for future generations.
Copenhagen
(+45) 20 28 35 85
cph@upstream.partners
CVR: 45189961
New York
+1 (917) 450-5622
nyc@upstream.partners
EIN: 99-5118639
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© Upstream Partners 2026
Privacy Policy
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Copenhagen
(+45) 20 28 35 85
cph@upstream.partners
CVR: 45189961
New York
+1 (917) 450-5622
nyc@upstream.partners
EIN: 99-5118639
Stay connected
By submitting your email, you agree to receive news and updates from Upstream Partners. You can unsubscribe at any time. See our Privacy Policy for how we handle your data.
© Upstream Partners 2026
Privacy Policy
Cookie Policy
