Bayou Treme Center for Arts & Education
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1 BAYOU TREME CENTER: AN INCUBATOR FOR ARTS & EDUCATION A program to develop a business incubator for a charter school, cultural entrepreneurs, supportive businesses and social services. (Revised 10/22/2011)
description
Welcome to the Bayou Tremé Center’s Arts and Education Incubator, an innovative community development project in the historic Tremé neighborhoods of New Orleans, Louisiana.The Bayou Tremé Center is collectively sponsored by three local non-profit organizations, which have joined together to realize their cross-disciplinary approach to community and economic development with emphasis on education, the arts, and business development.Our Vision: To refurbish the blighted former St. Rose de Lima Catholic church and schoolhouse property to provide classroom space for developing charter schools, affordable offices/studios for local artists and cultural entrepreneurs, a performance venue and concert space for these artistic entrepreneurs, and business financial and technical assistance for small and minority-owned businesses.
Transcript of Bayou Treme Center for Arts & Education
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BAYOU TREME CENTER: AN INCUBATOR FOR ARTS & EDUCATION
A program to develop a business incubator for a charter school, cultural entrepreneurs,
supportive businesses and social services. (Revised 10/22/2011)
2A&E Incubator Final Concept Paper
OVERVIEW• Site and Concept Page 3• Organization Page 10• Capital Budget Page 11• Construction Schedule Page 13• Economic Impact Page 14
• Next Steps Page 15
3A&E Incubator Final Concept Paper
THE SITE
4A&E Incubator Final Concept Paper
CONCEPT
• A group of non-profits will comprise a CDC with the mission of providing low cost space, business development services, creative arts development and community services
• Acquire and renovate St. Rose of Lima 47,000 sf site: 2 school buildings, a single family home and the church.
• Incubate artists and other cultural entrepreneurs, a charter school, related businesses and other social or community development programs.
• Artists, designers, and performers provide enrichment classes for elementary school students.
• Economic generator in historic Bayou Road target area.
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Concept Bldg #1:Education Incubator• 24,000 sf in 3
Stories
• 2nd-year Charter
• 14 classrooms
• 350 student capacity
• 3 Offices
• 2,140 sf Multi-purpose Space
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Concept Bldg #2:Cultural Business
Incubator• 11,000 sf in 2
Stories
• CDFI Master Tenant
• 51 Incubator Spaces
• 2 Studios
• 3 Conference Rooms
• 2 Offices Suites with Reception Spaces
• Commercial Kitchen
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Concept Bldg #3:HHC Offices
• 1,500 sf Offices
• Church administration
• Community seminar services (financial literacy, homeowner counseling, entrepreneurship, etc.)
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Concept Bldg #5:Events Center• 10,000 sf Main
Floor
• 1,000 sf Loft
• Seating up to 500
• Event Rentals for large mtgs, receptions, exhibits, plays, concerts, dance cos.
• Church on Sundays
9A&E Incubator Final Concept Paper
ORGANIZATION:
THE PARTNERS• NewCorp (“NC”): 16-year old Community Development
Financial Institution based in Fairgrounds neighborhood; investor and tenant.
• Lagniappe Academies (“LA”): 2-year old charter school backed by Connecticut-based foundation; anchor tenant.
• House of Healing Church (“HHC”): 4-year old, non-denominational Christian church based in Mid-city; investor and tenant.
• Downtown Neighborhoods Improvements Association (“DNIA”): 7-year old 501c3 covering portions of the Treme and 7th Ward neighborhoods; investor and tenant
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A&E Incubator Final Concept Paper
ORGANIZATION:
THE STRUCTUREROSE CDC:
DNIA, HHC & NC
CULTURE TENANTS -- NewCorp
-- Entrepreneur 1-- Entrepreneur 2-- Entrepreneur n
EDUCATION TENANT
Lagniappe Academy
OTHER TENANTS: -- DNIA -- HHC -- CANO -- Event Tenants
Bayou Treme, LLC
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A&E Incubator Final Concept Paper
ECONOMIC IMPACTITEMS AMOUNT
Temporary Construction Jobs 61
Direct Permanent Jobs 95
Indirect Permanent Jobs 126
Total Jobs Generated 282
Annual Payroll $12,690,000
Estimated Taxes Annually $1,903,500
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A&E Incubator Final Concept Paper
CAPITAL BUDGET($ in thousands)
Items Total
Acquisition $635,000
Construction 7,480,000
Contingencies 330,000
Fees 1,613,000
Total $10,058,000
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FUNDRAISING
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bayoutremecenter.org
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ST. ROSE REUNION 2012!
