Where we explore the options for our future home in Allston.

1. A2 SOCIAL HOUR
February 20, 2020

2. WELCOME
SHS FIRST Robotics
New members
Props and thanks
Recent upgrades
Upcoming changes
Future search

3. SHS FIRST
•The team
•The mission
•At Artisan’s
OVERVIEW

4. NEW MEMBERS
• Who are you, what do you do?
• What’s your favorite tool?
• And do you have a project you’re
working on?
WELCOME

5. PROPS AND THANKS
• Winter Robotics Team
• Awesomenauts
• Deskies
• New Meetups

6. FACILITY
• Club Automation complete. Thank you Jason and team!
• Powder coating oven online; thank you Troy, Jeff!
• New timer on spray booth
• Non-locking lockers
• Exterior lighting, electric boxes
• Clearing shelf storage space
• SCUL spring clean
UPGRADES

7. UPCOMING CHANGES
• Seeking new Jewelry Shop Lead
• Seeking new Ventilated Room Lead
• Rafter cleaning, social area (?)

8. A2 FUTURES
•Artisan’s needs to grow, attract capital
•Must improve facility, need partnership
•Investment in equipment required
•Lease expires 2021, extension unlikely
•Somerville increasingly volatile for the arts
BACKGROUND

9. A2 FUTURES
1. Brickbottom (Somerville)
2. Cambridge Street (Charlestown)
3. Exchange Street (Malden)
4. Pearl Street (Malden)
5. Boston Avenue (Somerville)
6. Winchester Avenue (Medford)
…and a dozen that never made the cut.
SEARCH THUS FAR

10. BRICKBOTTOM
$23.00SF

11. CHARLESTOWN
$24SF

12. MALDEN
$18.90SF

13. MALDEN
$23.75SF

14. SOMERVILLE
PASS

15. SOMERVILLE
PASS

16. A2 FUTURES
Status update
• LOI has not translated to workable lease
• Lack of vision for campus increases risk
• Little landlord investment, partnership
• Few city resources to support a good deal
TYLER STREET

17. A2 FUTURES
7. Two warehouse properties, with a third
site in 2024
54,500sf total by 2024
ALLSTON

21. A2 FUTURES
Details
• $20sf gross lease (we pay $18 today)
• $3M base build budget
• $695K tenant improvement allowance
• Timeline syncs with Tyler Street
ALLSTON

22. A2 FUTURES ALLSTON
5 4 3 2 1 5 = Very Positive
LOCATION 4 = Positive
Medford 11% 77% 11% 3 = Neutral
Central Ave 11% 56% 22% 11% 2 = Negative
Malden 20% 20% 60% 1 = Very negative
Pearl 30% 10% 40% 10% 10%
Exchange 40% 30% 20% 10%
Allston 46% 33% 20%
Campus 47% 53%
Favorability Ranking (Among members who visited)

23. A2 FUTURES ALLSTON
Considerations
• Boston: moving into, not farther from, a city with a
demonstrable commitment to the arts
• Allston: a gritty nexus with creative presence, mixed use and
active neighborhoods
• Developer: a partner with a vision and mutually agreed benefits
• Site:
- “Maker campus”: a new narrative
- Parking: an amenity within our control
- Outdoors: an opportunity for new work

24. A2 FUTURES
A Very Rough Timeline
• Sign LOI week of 2/24/20
• Complete cost estimates, lease 4/30/20
• Design phase through 6/30/20
• Construction phase through 2/28/21
(Concurrent with some tenant fit-up)
• Lease commence 6/1/21
(Tenant finishes to 8/30/21)
• Complete move, begin rent payment 11/1/21
ALLSTON

25. THAT’S IT QUESTIONS?

26. OTHER ITEMS UPCOMING EVENTS
• Design Week Boston 3/26-3/31
• Patchup at Latchup (FOSSI) 4/10
• Somerville Open Studios 4/31-5/1
• Boston Calling 5/23-25
• @Party 2020 6/12-6/14

27. WHAT’S UP IN YOUR WORLD?

28. THANK
YOU!
AND GOOD NIGHT