The existing offices will remain intact and expanded upon if purchase of this building becomes a factor.
Other locations nearby are also available, which are under consideration for different aspects of the Theatrical Development Centre. Initially anticipated in a more remote rural location, it now seems viable in this suburban environment, if the cash flow can be increased sufficiently to support the facilities.
The Recycling Centre would be located nearby, as would The Alpha & Omega Society which includes The Creative Archive, Exhibition Spaces, and Adjacent Services Office Compound.
Addressing the current expansion possibilities:
The available space comprises two buildings each is 5K and both buildings are available.
Here is the anticipated layout for this facility;
Building 3
construction & fabrication
Building 4
design & management
Acquisition and set-up of this space is contingent upon funding and the operation requires a cash flow of approximately $300 per day (without the factor of equipment, personnel or supply expenses). We are seeking funding to support this operation for a minimum period of one year (preferably two), based on a five day week and a 50 week year. Budget materials and discussions on this subject will be posted on IMS Producing Partners and is available to our Vested Partners.
We are expecting to pursue the management structure of a Closely Held Corporation for certain aspects of the operation, others require a Joint Venture Agreement, in addition to the Licensing and Limited Partnerships. We are open to dialogue in this regard.
