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HomeMy WebLinkAboutAgenda - 05-04-2021; 6-a - Authorization to Proceed with New Orange County Arts Commission Office and Arts Space and Associated Lease Agreement with Hedgehog Holdings 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 4, 2021 Action Agenda Item No. 6-a SUBJECT: Authorization to Proceed with New Orange County Arts Commission Office and Arts Space and Associated Lease Agreement with Hedgehog Holdings DEPARTMENT: Orange County Arts Commission ATTACHMENT(S): INFORMATION CONTACT: Eno River Arts Mill Project Outline Katie Murray, 919-245-2335 PURPOSE: To receive information on the proposed Eno Arts Mill Project and approve the Orange County Arts Commission (OCAC) and staff to move forward by authorizing the Manager to sign a lease agreement with Hedgehog Holdings for Suite 17 at the Eno River Mill in Hillsborough. BACKGROUND: To address the identified needs of the arts community, the OCAC received BOCC approval in October 2019 to enter into a lease agreement with Hedgehog Holdings, a family-run, historic preservation development firm based in Raleigh and owner of the Eno River Mill in Hillsborough. The partnership allowed the OCAC to offer eleven studio workspaces for local artists. The spaces opened in February 2020, and proved successful and profitable in the first year, exceeding projections even despite the pandemic. In July 2020, the OCAC entered into "Phase 2" of the original plan and began renting Suite 29, a large, open space for classes, exhibits, and events. Suite 29 is connected to the current OCAC office. Due to the inability to host gatherings, the space was instead rented by three large-format artists. In early 2021, two front-facing office suites (17 A&B) very close to the artist studios became available. At the same time, owners of the Eno Mill were approached by a tenant interested in renting Suite 29 and the OCAC office. Hedgehog Holdings has offered 17 A&B to the OCAC at the extremely generous rate of $1 per square foot. The space, which is just under 7,000 square feet and ideally situated in an easily accessible location, will allow the OCAC to expand its offerings to the community in ways that will fundamentally change the arts landscape of Orange County and provide real solutions to the identified challenges facing the arts. Suite 17 will offer class space, exhibits and event space, a welcoming office for the OCAC, and affordably-priced offices for local cultural organizations. FINANCIAL IMPACT: Conservative budget projections predict Suite 17 will be self-sustaining and profitable, continuing to support additional accessible programs and space. An initial upfit expense of $70,000 will be needed to install additional doors and a small kitchenette. The OCAC has incorporated this cost, as well six-months operating expense, into a larger proposal requesting allocation of American Rescue Plan funding to the arts industry. Hedgehog Holdings has offered to pay for any upfit expense in excess of $70,000 as well as the expense of paint, 2 ceiling repair, and improved lighting. Hedgehog Holdings has also offered to pay for the cost to move the OCAC from the current office and Suite 29 into Suite 17. SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goals are applicable to this item: • GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY The creation and preservation of infrastructure, policies, programs and funding necessary for residents to provide shelter, food, clothing and medical care for themselves and their dependents. • GOAL: ENABLE FULL CIVIC PARTICIPATION Ensure that Orange County residents are able to engage government through voting and volunteering by eliminating disparities in participation and barriers to participation. ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal impact associated with this item. RECOMMENDATION(S): The Manager recommends that the Board: 1. Approve the proposed occupancy of Suite 17 and authorize the County Manager to sign a lease agreement with Hedgehog Holdings for up to five years consistent with the rent schedule outlined in the attached project outline. This authorization is contingent on approval by the County Attorney; and 2. Authorize the County Manager to sign sub-lease agreements with local cultural organizations and/or artists according to the sub-lease rate schedule detailed in the attached project outline, pending review by the County Attorney. 3 ORANGE COUNTY ARTS COMMISSION ENO RIVER ARTS MILL BACKGROUND In 2o16,the OCAC began to examine the challenges facing the creative community of Orange County. Data was gathered through listening sessions, surveys, and meetings. The top three needs according to our research were: 1. A strong Local Arts Agency.The OCAC,the Designated County Partner with the NC Arts Council, has significantly strengthened its role as the primary arts agency for Orange County over the last several years. z. Space. A lack of space for artists to thrive is the primary factor impacting the county's creative community.A healthy arts ecosystem offers artists the opportunity to affordably live, as well as work, learn, and create. It also offers residents the opportunity to experience the arts not only as observers, but participants. 3. Access. Despite the wealth of human services offered in Orange County,the arts are primarily available to residents with the financial means to pay.They should be integrated into all aspects of the community, but this is only possible with increased space. To begin to address these concerns,the OCAC received BOCC approval in October, 2019,to enter into a lease agreement with Hedgehog Holdings, a family-run, historic preservation development firm based in Raleigh and owner of the Eno River Mill in Hillsborough. The new partnership allowed the OCAC to offer eleven studio workspaces for local artists.The Eno Mill Artist Studios opened in February 202o, and proved successful and profitable in its first year, exceeding projections even despite the pandemic. Last summer,the OCAC entered into"Phase 2"of the original plan and began renting Suite 29, a large, open space originally intended for classes, exhibits, and events. Suite 29 is connected to the OCAC office. Due to the inability to host gatherings,the space was instead rented by three large-format artists. In early 2021,two front-facing office suites (17A&B)very close to the artist studios became available; during the same time, owners of the Eno Mill were approached by a tenant interested in renting Suite 29 and the OCAC office. ENO ARTS MILL MULTIPURPOSE ARTS SPACE Hedgehog Holdings has offered 17A&B to the OCAC at the extremely generous rate of$1 per square foot.The space, which isjust under 7,000 square feet and ideally situated in an easily accessible location,will allow the OCAC to expand its offerings to the community in ways that will fundamentally change the arts landscape of Orange County and provide real solutions to the identified challenges facing the arts. • A large class space will allow regular arts classes for the community, a long-time need for the Hillsborough area.This will allow the OCAC to generate revenue in two ways by hosting our own classes and by renting out the room to organizations and artists wishing to hold their own art classes. • A large exhibits and events space will allow Eno Mill artists, a well other local artists, high-quality gallery space to display and sell their work.The space can will also be used for small events and gatherings, offering the OCAC another opportunity to generate revenue through rentals of the room. • A welcoming office with a front-facing door. Unlike the current OCAC office whose interior location is difficult to find,the new office will be a bright and centrally located welcoming point for visitors.The space will offer storage, a spacious conference room (currently lacking)as well as an additional room for small classes • Six affordably priced studios or offices for local artists and organizations.These spaces come at a time when some local organizations have lost space;the prospect of finding new space at this rate is nearly impossible. For other organizations,these spaces will allow them to expand their footprint to Hillsborough and/or share space 4 with other creative organizations.The OCAC is currently discussing monthly rental options and shared class/event space with the following community organizations: • Art Therapy Institute • Music Maker Relief Foundation • Bull City Music School • NC Mosaics • Chamber Orchestra of the Triangle • Occaneechi Tribe • Hillsborough Arts Council • Orange County Artists Guild In the event that local organizations do not occupy all six spaces,they will be offered to local artists as additional studio space or explored for additional OCAC programs such as the membership-based community dark room Potential Economic Impact: • Class participants, parents of children participating in youth programs, event attendees and artists will regularly visit the mill, creating a built-in customer base for nearby restaurants and shops. • The presence of artists and creative space will continue to grow the property value of ERM, and therefore tax revenue for the county. Following restoration work at ERM, property tax grew from $26,800 in 2015 to$52,600 in 2o18. Financial Impact: Conservative budget projections predict Suite 17 will be self-sustaining and profitable, continuing to support additional accessible programs and space.An initial upfit expense of$70,000 will be needed to install additional doors and a small kitchenette.The OCAC has incorporated this cost, as well six-months operating expense, into a larger proposal requesting allocation of American Rescue Plan funding to the arts industry. Hedgehog Holdings has offered to pay for any upfit expense in excess of$70,000 as well as the expense of paint, ceiling repair, and improved lighting. Hedgehog Holdings has also offered to pay for the cost to move the OCAC from the current office and Suite 2g into Suite 17. Five-year budget forecast: ENO MILL 17 A&B Annual Budget YEAR ONE NOTES REVENUE Year 1 Year 2 Year 3 Year 4 Year 5 CLASS REVENUE Large Room $33,600.00 $35,280.00 $37,044.00 $38,896.20 $40,841.01 1 class per week,3 hours/$35 pp/20 pp TOTAL CLASS REVENUE $33,600.00 $35,280.00 $37,044.00 $38,896.20 $40,841.01 GALLERY REVENUE Work sold $60,000.00 $63,000.00 $66,150.00 $69,457.50 $72,930.38 Gross Donations $1,200.00 $1,260.00 $1,323.00 $1,389.15 $1,458.61 $100/mnth TOTAL GALLERY REVENUE $61,200.00 $64,260.00 $67,473.00 $70,846.65 $74,388.98 Rent Revenue(arts organizations or artist studios) Large Classroom Rentals $21,600.00 $22,680.00 $23,814.00 $25,004.70 $26,254.94 2 per week/$75 per hour x 3 Small Classroom Rentals $8,640.00 $9,072.00 $9,525.60 $10,001.88 $10,501.97 3 class per week/$30 per hour for 2 hour Gallery/Event Rentals $9,600.00 $10,080.00 $10,584.00 $11,113.20 $11,668.86 2 per month @$100/hourfor4 hours Space $7,800.00 $8,190.00 $8,599.50 $9,029.48 $9,480.95 Interested tenants: Art Therapy Institute Space B $7,800.00 $8,190.00 $8,599.50 $9,029.48 $9,480.95 Chamber Orchestra of the Triangle Space C $7,200.00 $7,560.00 $7,938.00 $8,334.90 $8,751.65 Bull City Music School Space D $6,600.00 $6,930.00 $7,276.50 $7,640.33 $8,022.34 Orange County Artists Guild NC Mosaics Space E $6,600.00 $6,930.00 $7,276.50 $7,640.33 $8,022.34 Occeneechee Tribe Space F $6,600.00 $6,930.00 $7,276.50 $7,640.33 $8,022.34 Several individual artists TOTAL RENT REVENUE 1$82,440.00 1$86,562.00 1$90,890.10 1$95,434.61 1$100,206.34 GROSS REVENUE $177,240.00 $186,102.00 $195,407.10 $205,177.46 $215,436.33 5 EXPENSE CLASS EXPENSE Supplies $2,400.00 $2,520.00 $2,646.00 $2,778.30 $2,917.22 Staff $2,160.00 $2,268.00 $2,381.40 $2,500.47 $2,625.49 9 hours/mnth @$15/hr Teacher fee $16,800.00 $17,640.00 $18,522.00 $19,448.10 $20,420.51 50%of gross-large class only TOTAL CLASS EXPENSE $21,360.00 $22,428.00 $23,549.40 $24,726.87 $25,963.21 GALLERY EXPENSE Artist payments for work sold $42,000.00 $44,100.00 $46,305.00 $48,620.25 $51,051.26 70%of gross Supplies $2,400.00 $2,520.00 $2,646.00 $2,778.30 $2,917.22 Refreshments,general supplies TOTAL GALLERY EXPENSE $44,400.00 $46,620.00 $48,951.00 $51,398.55 $53,968.48 OUTSIDE RENTAL EXPENSE Staff $6,480.00 $6,804.00 $7,144.20 $7,501.41 $7,876.48 9 hours/wk @$15 hour TOTAL OUTSIDE RENTAL EXPENSE $6,480.00 $6,804.00 $7,144.20 $7,501.41 $7,876.48 OCCUPANCY EXPENSE RENT $84,000.00 $86,100.00 $88,252.50 $90,458.81 $92,720.28 Utilities $6,000.00 $6,300.00 $6,625.00 $6,945.75 $7,293.04 TOTAL OCCUPANCY EXPENSE $90,000.00 $92,400.00 $94,867.50 $97,404.56 $100,013.32 TOTAL EXPENSE $162,240.00 1$168,2S2.00 J$174,S12.10 1$181,031.39 1$187,821.49 MONTHLY NET REVENUE 0 0 1 0. ENO ARTS MILL: OTHER PROJECTS Suite 17 is part of an overall plan to activate the Eno Mill through community arts programs. The OCAC is currently working on additional programs that would take place at the Eno Mill: • A new, accessible children's theater company that would offer high-quality theater education to youth ages 8- 18 regardless on socio-economic status.The project would incorporate transportation from Orange County Title 1 schools and a sliding-scale tuition structure. • A community ceramics studio, in partnership with the Hillsborough Arts Council. • A membership-based community dark room, offering work and teaching space for local photographers. • Rehearsal space for two local orchestra companies: Chamber Orchestra of the Triangle who is currently in need of new office and rehearsal space, and Bull City Music School who plans to launch a youth orchestra this fall. • The Shop Spaces:three large, sub terrain workshop spaces ideal for heavy machinery work such as woodworking and metalsmithing. ENO ARTS MILL 6 Multi-use Arts Space Suites 17 A&B f MT gj p M! 4, Entrance _ �JZ. to Artist Studios a ~ i _ _ r y Eno Mill Suites 17 A&B 7 437 Dimmocks Mill Rd. Eno Mill Artist Studios Hillsborough Hallway 4 Rest- Restrooms F E D OCAC room 15'6"x 16' 16'x 16' 17'x 16' 11'5"x 11'5" 250sf 256sf 272sf 132.25sf 3 OCAC Class/Rehearsal Exhibit/Events 11'8"x 29'2" Space 345sf Space 24'x 44' 24'x 44' 1056sf 2 975sf OCAC 11'5"x 11'6" 134sf A B C 16'x 19' 16'x 19' 16'x 14'5" 304sf 304sf 232sf OCAC 15'5"x 19'2" 298sf Parking Expedition School ---> KEY Rent Space A:Arts organization or artist studio space $650/month OCAC 1: Reception area/lobby Space B:Arts organization or artist studio space $650/month OCAC 2: Director's office Space C:Arts organization or artist studio space $600/month OCAC 3: Board room Space D:Arts organization or artist studio space $550/month OCAC 4: Small class space Space E:Arts organization or artist studio space $550/month Space F:Arts organization or artist studio space $550/month Unlabeled spaces: Storage Events/Exhibit Space $100/hour Class/Rehearsal Space $75/hour