HPIC’s Fundraising Sprint

REBUILD HPIC!

What are we asking:

Help Support HPIC’s 9 Month Fundraising Sprint
Fundraising Goal & Timeline: Raise $2.6m in 9 months or less, for a total of $3.4m
Groundbreaking in Fall of 2023 depends on 80% of funding by Q3 of 2023
Planned opening in late 2024
Need the community’s Time + Talent + Treasure now to make this happen quickly!

Why are we asking:

We must preserve this gathering place to connect with our neighbors and spotlight local artists – this is a unique venue for our neighborhood, even as gathering places and performance venues are being lost in Seattle
Creating this venue for art, music and performance is a magnet for community connection
Centering inclusivity makes this a safe space for everyone who wants to participate and connect

How it works once it’s open:

Regular music and performance-based events for local artists with an open invite to community
Space stays solvent as a rental space for arts & culture, indoor exercise like dance and yoga, event rental space (quinceaneras, graduations, etc), and civic events for local issues and candidate forums.
Connection point for community experiencing food insecurity
Eco friendly and sustainable space with updated heating/cooling, healthier ventilation with connection between indoors and outdoors, rain garden, solar panels and more

Where your money goes:

We have selected Metis Construction, Inc as contractor for the building. Metis did a ROM (Rough Order of Magnitude) look at pricing for the building and the estimate is $3.1m. Here are some initial efforts toward cost-cutting:
- Value engineering, as the design process continues
- Potentially reclaiming and reusing materials from the remains of the old building
- Planning volunteer work parties when possible
Design (architectural, structural, survey, mechanical, electrical, other consultants and permitting costs are expected to be around $300k
Total fundraising goal = $3.4m
We are planning a phased approach, with the goal of Phase 1 to get the building open and certified for occupancy so that we have a gathering space again and can continue to fundraise and generate income in the time-honored tradition of HPIC.

Funding – here’s what we have so far: