Potential Space

I started to look at the Russell Industrial Center to see what we can get space wise to start. I feel that this would probably be a good place for us to call home for a while as well as to help build our member base. I know that it is not the ideal location for all of us but the pricing is right.

Space Information:

600 SQ. FT – $450.00 per month and includes heat and electric – These small spaces are on the inside of the building and do not have any exterior walls with windows. They say the spaces stay pretty warm and assume for added heat people use space heaters.

1000 SQ. FT – $550.00 per month includes heat but goes to metered electrical

The building has 24 hour access and is also 24 hour security on premise, parking is free and we will not have any problems with having public people coming into the space for meetings etc… In the main lobby they provide a layout of the building with information on all companies and groups to make finding us easy.

The building is full of other artists, film studios, music studios etc… this could be good for meeting others and possibly growing our member base. This would also allow us to start teaching classes. We are free to do what we wish with the space as far as painting, build out etc… The building is fully wired by comcast and we can contact them for internet, cable or phone services. Noise is not really an issue. They also host art gallery tours, showings, films etc… which could also bring in new members.

I am attaching a few photos of a space for everyone to get an idea. The ceilings are approx. 14 ft. tall. I like the fact that our electrical/heating costs are included in the price. The spaces do not have personal bathrooms. There are shared bathrooms on the floors that is used amongst all renters.

How this works:

Rental information – This is a month to month program that requires 2 months deposit + first months rent down – $1350.00
They require 30 days notice up front if leaving the space.

Insurance – 1 million liability insurance policy + renter insurance which covers theft, fire, etc… This will cost us approx. $350 – $450 per year or $37.50 per month.

We are still seeking to find new members that are interested in participating in our group. I am looking for everyone’s input on your thoughts of this potential space. Please post comments of what you think.