ARTSPACE PROJECTS
                       America’s leading nonprofit developer for the arts




Monday, June 7, 2010
ABOUT ARTSPACE
    • Established         in 1979

    • Recognized          national leader in arts facility development

...
OUR MISSION
                                is to create, foster, and preserve
                       affordable space for...
OUR PROGRAMS

    • Property           development

    • Asset            management

    • National           consulting...
OUR PROJECTS

    • Help   communities reclaim neighborhoods that face
        redevelopment challenges

    • Are        ...
OUR PROJECTS
     • Typically take 3 to 5 years to
         complete

     • Are   fully funded before
         constructi...
OUR PROJECTS
                             • Create and preserve space
                              for the creative commu...
Artspace at Work in the U.S.: 2009

                                                                                      ...
OUR METHODS




Monday, June 7, 2010
ADAPTIVE REUSE
                Northern and Tilsner Warehouses / St. Paul, Minnesota
                       52 and 66 live...
ADAPTIVE REUSE
               Hennepin Center for the Arts / Minneapolis, Minnesota
               9 dance studios, offices...
ADAPTIVE REUSE
                       Elder Street Artist Lofts / Houston, Texas
                        34 live/work unit...
NEW CONSTRUCTION
                       Artspace Tannery Lofts / Santa Cruz, California
                         100 affor...
NEW CONSTRUCTION
                       Artspace Hiawatha Lofts / Seattle, Washington
                       61 live/work ...
OLD + NEW
                       Tashiro Kaplan Artist Lofts / Seattle, Washington
                       Three new storie...
OLD + NEW
                            Artspace Buffalo Lofts / Buffalo, New York
                       60 live/work units...
BIG CHALLENGES
                       Shubert Theater / Minneapolis, Minnesota
                          Heaviest building...
BIG CHALLENGES
                   Minnesota Shubert Center / Minneapolis, Minnesota
        Two historic buildings (Hennep...
BIG CHALLENGES
                                     PS109 / East Harlem, New York
                       90 residential un...
SMALL CHALLENGES
           Chicago Avenue Fire Arts Center / Minneapolis, Minnesota
                       Adaptive reuse...
SPACE




Monday, June 7, 2010
FOR LIVING
                   Mount Rainier Artist Lofts / Mount Rainier, Maryland
                       44 live/work uni...
FOR LIVING
                       Tashiro Kaplan Artist Lofts / Seattle, Washington
             50 live/work units, 15 ga...
FOR LIVING
                       Switching Station Artist Lofts / Chicago, Illinois
                             24 live/...
FOR WORKING
          Traffic Zone Center for Visual Art / Minneapolis, Minnesota
                       24 studios for mid...
FOR WORKING
                       Northern Warehouse / St. Paul, Minnesota
                       52 live/work units, two...
FOR EXHIBITING
               Artspace Sailboat Bend Lofts / Fort Lauderdale, Florida
                       37 live/work ...
FOR EXHIBITING
                               Washington Studios / Duluth, Minnesota
                       39 live/work u...
FOR PERFORMING
                                      Illusion Theater
                       Hennepin Center for the Arts ...
FOR LEARNING
                                     Dance Institute
                       Hennepin Center for the Arts / Mi...
FOR FAMILIES
                       Frogtown Family Lofts / St. Paul, Minnesota
                       36 live/work units,...
FOR ARTS ORGANIZATIONS
                                Sierra Arts
                       Riverside Artist Lofts / Reno, N...
FOR ARTS ORGANIZATIONS
                                   James Sewell Ballet
                       Hennepin Center for t...
FOR ARTS-FRIENDLY BUSINESSES
                                        Bev’s Wine Bar
                       Traffic Zone Cen...
FOR ARTS-FRIENDLY BUSINESSES
                                   All City Coffee
                       Tashiro Kaplan Arti...
FOR COMMUNITIES
                       Artspace Hiawatha Lofts / Seattle, Washington
                       61 live/work u...
QUALITIES




Monday, June 7, 2010
LARGE WINDOWS
                       Spinning Plate Artist Lofts / Pittsburgh, Pennsylvania
                           37 ...
OPEN FLOOR PLANS
                       Northern Warehouse / St. Paul, Minnesota
                        52 live/work unit...
HIGH CEILINGS
                       Tilsner Warehouse / St. Paul, Minnesota
                               66 live/work u...
COMMUNITY
                       Switching Station Artist Lofts / Chicago, Illinois
                                  Resi...
ACTIVITY
                             First Thursday Artwalk
                       Tashiro Kaplan Artist Lofts / Seattle,...
AFFORDABILITY

                                89% of Artspace live/work
                                units meet or exc...
MONEY MATTERS




Monday, June 7, 2010
SOURCES
                       SOURCE!                                                            AMOUNT!         PCT.!

 ...
OTHER SOURCES
    •   Tax increment financing

    •   Housing trust funds

    •   Easements

    •   State cultural facil...
USES
                       CATEGORY                                                       AMOUNT          PCT.

         ...
BEFORE AND AFTER




Monday, June 7, 2010
BEFORE
                       Tilsner Warehouse / St. Paul, Minnesota

Monday, June 7, 2010
AFTER
                       Tilsner Warehouse / St. Paul, Minnesota

Monday, June 7, 2010
BEFORE
                       Jefferson Davis Hospital / Houston, Texas

Monday, June 7, 2010
AFTER
                       Elder Street Artist Lofts / Houston, Texas

Monday, June 7, 2010
ON THE HORIZON




Monday, June 7, 2010
HAWAI‘I
                       Adult students at halau hula in Honolulu

Monday, June 7, 2010
NEW ORLEANS
                       Mardi Gras Indians in costume

Monday, June 7, 2010
NORTHERN PLAINS
                       Dancers at 40th annual United Tribes powwow
                                     Bi...
Monday, June 7, 2010
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Api overview 10 09

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This is the one to use. It's in PDF format, so it should work in either PowerPoint or Keynote. It's about three months old, and we've completed two projects in the interim, but otherwise it's good to go. Roy

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Api overview 10 09

  1. 1. ARTSPACE PROJECTS America’s leading nonprofit developer for the arts Monday, June 7, 2010
  2. 2. ABOUT ARTSPACE • Established in 1979 • Recognized national leader in arts facility development • 25 completed projects in 12 states • 10 projects in predevelopment in 7 states • 886 affordable live/work units serving more than 2,000 artists • 600,000 sq. feet (55,700 sq. meters) of commercial space • Consulting in USA, Canada, China, England, Netherlands, Serbia Monday, June 7, 2010
  3. 3. OUR MISSION is to create, foster, and preserve affordable space for artists and arts organizations Monday, June 7, 2010
  4. 4. OUR PROGRAMS • Property development • Asset management • National consulting Monday, June 7, 2010
  5. 5. OUR PROJECTS • Help communities reclaim neighborhoods that face redevelopment challenges • Are usually located in areas with vital artist communities • Often involve buildings or land with significant historical context • Require strong, committed community leadership Monday, June 7, 2010
  6. 6. OUR PROJECTS • Typically take 3 to 5 years to complete • Are fully funded before construction begins • Are financially self-sustaining • Are owned and operated by Artspace to ensure that they remain permanently affordable Franklin Arts Center Brainerd, Minnesota Monday, June 7, 2010
  7. 7. OUR PROJECTS • Create and preserve space for the creative community • Helpcities retain artists and enhance their cultural vitality • Build safer, more attractive neighborhoods • Actas catalysts for economic development Monday, June 7, 2010
  8. 8. Artspace at Work in the U.S.: 2009 MN Brainerd Albert Lea NY Duluth Little Falls IL Buffalo ____________________ WA Fergus Falls Minneapolis Chicago MI New York Detroit ____________________ Seattle (3) Minneapolis (3) New Ulm Elgin Patchogue ____________________ Saint Paul (3) St. Croix Valley Waukegan Grand Rapids ____________________ Everett ____________________ Saint Paul ___________________ Jackson Albany ____________________ Minneapolis (2) Berwyn Chatham Auburn MT AK Olympia Galesburg OH Huntington Anchorage Billings IA Syracuse Whitefish WY SD WI Freeport Hamilton ND Council Bluffs Macomb ____________________ Casper La Crosse CT Minot Yankton Cleveland ____________________ Sioux Falls Des Moines St. Croix Falls Peoria Columbus Bridgeport Sioux City Stoughton Rockford ____________________ Mansfield Hartford OR Rock Island Toledo Portland IN NJ ____________________ Indianapolis Camden Portland Hoboken Michigan City Orange Trenton NV PA Reno Pittsburgh ____________________ ____________________ Scranton MD Reno ____________________ Mount Rainier Easton ____________________ Philadelphia Baltimore Wilkes-Barre Columbia CA Frederick Santa Cruz ____________________ DC Monterey Washington Santa Cruz ____________________ VA Chico Leesburg Long Beach Martinsville Los Angeles Ontario NC Pittsburg Charlotte Pomona Sacramento SC San Diego AZ Greenville San Francisco Ajo San Jose Tucson NM Taos CO AL FL Santa Ana Aurora Fort Lauderdale (2) Santa Monica HI Montgomery ____________________ Honolulu Denver LA Tallahassee Ventura Loveland KS TX ____________________ Salina Galveston New Orleans Hollywood Westminster Houston Miami OK ____________________ Sarasota Cordell Austin Tampa El Paso Georgetown Houston Projects in Operation Projects in Development Consulting (2004-2009) Monday, June 7, 2010
  9. 9. OUR METHODS Monday, June 7, 2010
  10. 10. ADAPTIVE REUSE Northern and Tilsner Warehouses / St. Paul, Minnesota 52 and 66 live/work units in two historic warehouses (opened 1990, 1993) Monday, June 7, 2010
  11. 11. ADAPTIVE REUSE Hennepin Center for the Arts / Minneapolis, Minnesota 9 dance studios, offices of 17 arts organizations in 1888 Masonic temple (opened 1997) Monday, June 7, 2010
  12. 12. ADAPTIVE REUSE Elder Street Artist Lofts / Houston, Texas 34 live/work units in 1924 municipal hospital (opened 2005) Monday, June 7, 2010
  13. 13. NEW CONSTRUCTION Artspace Tannery Lofts / Santa Cruz, California 100 affordable live/work residences in two buildings (opened 2009) Monday, June 7, 2010
  14. 14. NEW CONSTRUCTION Artspace Hiawatha Lofts / Seattle, Washington 61 live/work units, 5,000 square feet of commercial space (opened 2008) Monday, June 7, 2010
  15. 15. OLD + NEW Tashiro Kaplan Artist Lofts / Seattle, Washington Three new stories added to historic Pioneer Square building (opened 2004) Monday, June 7, 2010
  16. 16. OLD + NEW Artspace Buffalo Lofts / Buffalo, New York 60 live/work units: 36 in historic factory, 24 new construction (opened 2007) Monday, June 7, 2010
  17. 17. BIG CHALLENGES Shubert Theater / Minneapolis, Minnesota Heaviest building ever moved on rubber tires (1999) Monday, June 7, 2010
  18. 18. BIG CHALLENGES Minnesota Shubert Center / Minneapolis, Minnesota Two historic buildings (Hennepin Center for the Arts, Shubert Theater) joined by new Great Hall (construction begins 2009) Monday, June 7, 2010
  19. 19. BIG CHALLENGES PS109 / East Harlem, New York 90 residential units, space for Latino cultural groups (construction begins 2010) Monday, June 7, 2010
  20. 20. SMALL CHALLENGES Chicago Avenue Fire Arts Center / Minneapolis, Minnesota Adaptive reuse of former silent movie theater (construction begins 2009) Monday, June 7, 2010
  21. 21. SPACE Monday, June 7, 2010
  22. 22. FOR LIVING Mount Rainier Artist Lofts / Mount Rainier, Maryland 44 live/work units, 7,000 square feet of commercial space (opened 2005) Monday, June 7, 2010
  23. 23. FOR LIVING Tashiro Kaplan Artist Lofts / Seattle, Washington 50 live/work units, 15 galleries, 12 studios, offices of county cultural agency (opened 2004) Monday, June 7, 2010
  24. 24. FOR LIVING Switching Station Artist Lofts / Chicago, Illinois 24 live/work units, enclosed courtyard (opened 2003) Monday, June 7, 2010
  25. 25. FOR WORKING Traffic Zone Center for Visual Art / Minneapolis, Minnesota 24 studios for mid-career artists in historic warehouse Monday, June 7, 2010
  26. 26. FOR WORKING Northern Warehouse / St. Paul, Minnesota 52 live/work units, two floors of commercial space (opened 1990) Monday, June 7, 2010
  27. 27. FOR EXHIBITING Artspace Sailboat Bend Lofts / Fort Lauderdale, Florida 37 live/work units, three-level gallery and community room (opened 2007) Monday, June 7, 2010
  28. 28. FOR EXHIBITING Washington Studios / Duluth, Minnesota 39 live/work units, community center operated by City of Duluth (opened 1995) Monday, June 7, 2010
  29. 29. FOR PERFORMING Illusion Theater Hennepin Center for the Arts / Minneapolis, Minnesota Monday, June 7, 2010
  30. 30. FOR LEARNING Dance Institute Hennepin Center for the Arts / Minneapolis, Minnesota Monday, June 7, 2010
  31. 31. FOR FAMILIES Frogtown Family Lofts / St. Paul, Minnesota 36 live/work units, all with two or three bedrooms (opened 1992) Monday, June 7, 2010
  32. 32. FOR ARTS ORGANIZATIONS Sierra Arts Riverside Artist Lofts / Reno, Nevada Monday, June 7, 2010
  33. 33. FOR ARTS ORGANIZATIONS James Sewell Ballet Hennepin Center for the Arts / Minneapolis, Minnesota Monday, June 7, 2010
  34. 34. FOR ARTS-FRIENDLY BUSINESSES Bev’s Wine Bar Traffic Zone Center for Visual Art / Minneapolis, Minnesota Monday, June 7, 2010
  35. 35. FOR ARTS-FRIENDLY BUSINESSES All City Coffee Tashiro Kaplan Artist Lofts / Seattle, Washington Monday, June 7, 2010
  36. 36. FOR COMMUNITIES Artspace Hiawatha Lofts / Seattle, Washington 61 live/work units, 5,000 square feet of commercial space (opened 2008) Monday, June 7, 2010
  37. 37. QUALITIES Monday, June 7, 2010
  38. 38. LARGE WINDOWS Spinning Plate Artist Lofts / Pittsburgh, Pennsylvania 37 live/work units in historic automobile dealership (opened 1998) Monday, June 7, 2010
  39. 39. OPEN FLOOR PLANS Northern Warehouse / St. Paul, Minnesota 52 live/work units, 2 floors of commercial space (opened 1990) Monday, June 7, 2010
  40. 40. HIGH CEILINGS Tilsner Warehouse / St. Paul, Minnesota 66 live/work units (opened 1993) Monday, June 7, 2010
  41. 41. COMMUNITY Switching Station Artist Lofts / Chicago, Illinois Resident artists landscape the grounds Monday, June 7, 2010
  42. 42. ACTIVITY First Thursday Artwalk Tashiro Kaplan Artist Lofts / Seattle, Washington Monday, June 7, 2010
  43. 43. AFFORDABILITY 89% of Artspace live/work units meet or exceed the U.S. Department of Housing and Urban Development’s standard for Section 42 affordable housing. Artspace Buffalo Lofts Buffalo, New York Monday, June 7, 2010
  44. 44. MONEY MATTERS Monday, June 7, 2010
  45. 45. SOURCES SOURCE! AMOUNT! PCT.! Public Sources! Federal low income housing tax credits! $ 6,592,060! 41 % ! State low income housing tax credits! $ 2,796,404! 17 %! Federal historic tax credits! $ 1,678,775! 10 %! HOME funds ($900,000 from state, $400,000 from city)! $ 1,300,000! 8 %! Community Development Block Grant (city)! $ 300,000! 2 %! Federal allocation! $ 250,000! 2 %! Private Sources! Private sector (philanthropic gifts)! $ 1,400,000! 9 %! First mortgage! $ 1,200,000! 7 %! Deferred developer’s fee! $ 670,944! 4 %! TOTAL! $ 16,188,183! 100 %! Artspace Buffalo Lofts / Buffalo, New York Monday, June 7, 2010
  46. 46. OTHER SOURCES • Tax increment financing • Housing trust funds • Easements • State cultural facility grants • Economic development initiatives • Taxable and tax-exempt bonds Riverside Artist Lofts / Reno, Nevada Monday, June 7, 2010
  47. 47. USES CATEGORY AMOUNT PCT. Site acquisition (building and land) $ 600,000 4% Construction costs $ 11,678,581 72% Professional fees (architect, engineer, surveyor, etc.) $ 947,623 6% Construction interim costs $ 250,500 2% Permanent financing $ 152,000 1% Soft costs (appraisals, studies, consultants, etc.) $ 123,500 1% Developer fee (mandated by state law) $ 2,012,831 12% Legal costs $ 140,000 1% Reserves $ 284,620 2% TOTAL $ 16,189,655 100% Artspace Buffalo Lofts / Buffalo, New York Monday, June 7, 2010
  48. 48. BEFORE AND AFTER Monday, June 7, 2010
  49. 49. BEFORE Tilsner Warehouse / St. Paul, Minnesota Monday, June 7, 2010
  50. 50. AFTER Tilsner Warehouse / St. Paul, Minnesota Monday, June 7, 2010
  51. 51. BEFORE Jefferson Davis Hospital / Houston, Texas Monday, June 7, 2010
  52. 52. AFTER Elder Street Artist Lofts / Houston, Texas Monday, June 7, 2010
  53. 53. ON THE HORIZON Monday, June 7, 2010
  54. 54. HAWAI‘I Adult students at halau hula in Honolulu Monday, June 7, 2010
  55. 55. NEW ORLEANS Mardi Gras Indians in costume Monday, June 7, 2010
  56. 56. NORTHERN PLAINS Dancers at 40th annual United Tribes powwow Bismarck, North Dakota Monday, June 7, 2010
  57. 57. Monday, June 7, 2010
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