Bayou Treme Center for Arts & Education

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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

  • 1. BAYOU TREME CENTER:AN INCUBATOR FORARTS & EDUCATIONA program to develop a business incubator for a charter school, cultural entrepreneurs, supportive businesses and social services.(Revised 10/22/2011)1

2. OVERVIEW Site and Concept Page 3 Organization Page10 Capital BudgetPage11 Construction SchedulePage13 Economic ImpactPage14 Next Steps Page 15 A&E Incubator Final Concept Paper2 3. THE SITEA&E Incubator Final Concept Paper3 4. CONCEPT A group of non-profits will comprise a CDC with themission of providing low cost space, businessdevelopment services, creative arts development andcommunity services Acquire and renovate St. Rose of Lima 47,000 sf site: 2school buildings, a single family home and the church. Incubate artists and other cultural entrepreneurs, acharter school, related businesses and other social orcommunity development programs. Artists, designers, and performers provide enrichmentclasses for elementary school students. Economic generator in historic Bayou Road target area. A&E Incubator Final Concept Paper4 5. 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 5 6. Concept Bldg #2:Cultural Business Incubator11,000 sf in 2 Stories CDFI Master Tenant 51 Incubator Spaces 2 Studios 3 ConferenceRooms 2 Offices Suites withReception Spaces Commercial Kitchen 6 7. Concept Bldg #3:HHC Offices 1,500 sf Offices Churchadministration Community seminarservices (financialliteracy, homeownercounseling,entrepreneurship,etc.)7 8. Concept Bldg #5: Events Center10,000 sf Main Floor 1,000 sf Loft Seating up to 500 Event Rentals forlarge mtgs,receptions, exhibits,plays, concerts,dance cos. Church on Sundays8 9. ORGANIZATION:THE PARTNERS NewCorp (NC): 16-year old Community DevelopmentFinancial Institution based in Fairgrounds neighborhood;investor and tenant. Lagniappe Academies (LA): 2-year old charter schoolbacked by Connecticut-based foundation; anchor tenant. House of Healing Church (HHC): 4-year old, non-denominational Christian church based in Mid-city; investorand tenant. Downtown Neighborhoods Improvements Association(DNIA): 7-year old 501c3 covering portions of the Tremeand 7th Ward neighborhoods; investor and tenant A&E Incubator Final Concept Paper9 10. ORGANIZATION: THE STRUCTUREROSE CDC:DNIA, HHC & NCBayou Treme, LLCCULTURE TENANTS EDUCATION TENANTOTHER TENANTS: -- NewCorp-- DNIA-- Entrepreneur 1Lagniappe Academy -- HHC-- Entrepreneur 2-- CANO-- Entrepreneur n-- Event TenantsA&E Incubator Final Concept Paper10 11. ECONOMIC IMPACTITEMSAMOUNTTemporary Construction Jobs 61Direct Permanent Jobs 95Indirect Permanent Jobs 126Total Jobs Generated282Annual Payroll $12,690,000Estimated Taxes Annually $1,903,500 A&E Incubator Final Concept Paper11 12. CAPITAL BUDGET($ in thousands)ItemsTotalAcquisition$635,000Construction 7,480,000Contingencies330,000Fees 1,613,000Total$10,058,000 A&E Incubator Final Concept Paper 12 13. FUNDRAISING13 14. 14 15. ST. ROSE REUNION2012! 15