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The space has not been used in 15 years. Its last use was as a big sewing shop/factory (same as Noisebridge's space). | The space has not been used in 15 years. Its last use was as a big sewing shop/factory (same as Noisebridge's space). | ||
== Info from original | == Info from original emails from CDP == | ||
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*The State of California's California Competes income tax credit | *The State of California's California Competes income tax credit | ||
*The State of California's New Employment Credit | *The State of California's New Employment Credit | ||
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The base rent would be $0.90/sf NNN. Because the upper floors of the building have been vacant for nearly 15 years we only have a rough estimate of the NNN charge as no more than $0.50/sf. Of course the actual NNN figure would be directly calculated based on actual costs. Our estimate is based on existing expenses and factoring in additional new expenses to maintain upgrades that will make this building suitable for hardware startups and hacker spaces: a material lift, added load on the passenger elevator, ADA access, a security system, and insurance for manufacturing-related use. Our goal is to get the NNN cost to about $0.25/sf/month. | |||
In addition to being able to offer you a professionally-managed, great space in a wonderful neighborhood at a price that works for you, you should know that we're actively working on plans for a hardware startup incubator/accelerator in the vicinity (maybe even elsewhere in the building) that would offer graduates of Laney's Advanced Manufacturing program a chance to develop their ideas into businesses. Another related initiative we've been nurturing is a STEM/STEAM exploration center mashup with a hardware store. | |||
This is to say, we're much more than the typical real estate brokers, landlords, or developers. We're active community builders and doers who are passionate about the work you're doing. And we're expert at figuring out how to make space and real estate deals work through creative and unique funding, financing and investments. | |||
</blockquote> | |||
= Photos = | = Photos = |