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HomeMy WebLinkAboutagenda.council.worksession.20100921MEMORANDUM TO: Mayor and Council FROM: Steve Bossart, Capital Asset Project Manager THRU: Scott Miller, Capital Asset Director DATE: September 16, 2010 MEETING DATE: September 21, 2010 RE: Wheeler 21" Century Master Plan —Needs Assessment Report SUMMARY: In January 2009, City Council directed Wheeler and Capital Asset staff to continue conceptual planning for a proposed addition to the historic Wheeler Opera House as described in the Wheeler 20 Century Master Plan. Farewell Mills Gatsch Architects LLC was contracted to produce preliminary designs based on programming needs determined by earlier research. At the December 7, 2009 meeting of City Council, this work was suspended and Council directed Wheeler and City staff to conduct an updated comprehensive, third -party needs assessment at the earliest opportunity. Webb Management Services was contracted to conduct the study. A draft report was presented to the Wheeler Advisory Board on Monday June 28th and to City Council at the work session on Tuesday June 29 PREVIOUS COUNCIL ACTION: Council authorized preliminary design and planning work towards obtaining project approvals. At the end of the Wheeler /City staff presentation on the 21 Century Master Plan's progress at the December 7, 2009 City Council meeting, Council requested a third party needs assessment including but not limited to: • Cultural and physical needs assessment of the Wheeler Opera House and all other community performing arts venues. • Determination of whether market demands would support supplemental space to sustain cultural programming. • Consideration and prioritization of various proposed sites to accommodate the space demands. • Assessment of pro forma financials determining the expansion cost versus annual dollar return on investment and supportability of such expansion within the Wheeler's annual operating budget. BACKGROUND: In December 2008, the Wheeler completed an exhaustive national search to recommend for selection an architectural /theatre design team to develop and test initial program solutions. In February 2009, staff and design team met with a variety of local performing arts groups to revisit findings from past needs assessments and to determine demand for space and program in a prospective expansion. The design team worked through several iterations of a conceptual design, which over the course of meetings through spring and summer 2009 resulted in approvals from both the Planning and Zoning Commission and the Historical Preservation Committee. The team then moved forward to Council for further review. In December 2009 City Council asked for an up -to -date third -party needs assessment, examining a potential expansion's users and uses, financial analysis, and alternate site investigation. DISCUSSION: Wheeler management, the City Manager's office, and Capital Asset staff felt it very important that the needs assessment team possess very specific experience related to performing arts facilities, historical renovation, and usage profile in a resort community. A Request for Proposal was issued in early 2010 and generated 12 respondents. A review committee consisting of Wheeler Executive Director Gram Slaton, Assistant City Manager Randy Ready, and City Asset Management personnel (Scott Miller and Steve Bossart), was convened to review the applicants. After lengthy discussion and critical review, Webb Management Services Inc. of New York City was selected as the best fit for the project with the most relevant comparable experience. Webb is utilizing local Aspen architectural firm Harry Teague Architects as needed in the evaluation of alternate sites and space programming needs. The Scope of Services for the assignment has included the following deliverables: • Market Analysis • Assessment of Current Wheeler Program • User Demand • Touring Product Potential • Existing Facility Assessment • Facility Recommendations • Description of Comparable Projects in Similar Communities • Activity Profile and Potential Revenue Generation • Space Program Recommendation • Prospective Site Analysis • Order -of Magnitude Capital Budget • Order -of Magnitude Pro -Forma Operating Budget • Quantitative Economic Impacts • Qualitative Economic Impacts • Critical Path Plan At Council's direction the consultant and City Staff review a number of alternate sites and buildings with varying degrees of applicability and availability. This presentation and report includes the input and addresses questions provided by the Wheeler Advisory Board and City Council, and will be delivered to the Advisory Board on Monday September 20 and to City Council at the Work- session September 21 Pending City Council direction Wheeler and Capital Asset Staff will schedule a public open house to present and discuss the findings, alternatives, and recommendations. FINANCIAL IMPLICATIONS: Included in the approved contract. 2 OTHER RESOURCE IMPLICATIONS: No additional resource implications at this time. RECOMMENDATION: Consider the alternatives of the site directly adjacent to the Wheeler as a theater and support facility, or a support facility only with a second theater at a remote site such as the existing Aspen Art Museum location. CITY MANAGER COMMENTS: • Attachments: Wheeler Opera House Expansion Needs Assessment, September 2010 (the appendices and Power Point Presentation slides are not included with this memo but will be included in the bound reports to be distributed September 21 3 man�� ement DRAFT Wheeler Opera House Expansion Needs Assessment September 2010 table of contents 1. INTRODUCTION ................................... ............................... 2. NEEDS ASSESSMENT SUMMARY ........... ............................... 3. PHYSICAL PLANNING ............................ ............................... 4. OPERATING IMPACTS ........................... ............................... S. ECONOMIC IMPACT ANALYSIS ............. ............................... 6. CONCLUSIONS ...................................... ............................... Appendices A. List of Interviews B. Needs Assessment Presentation C. Market Charts and Graphs D. Facility Inventories E. New Facility Space Program F. Site Evaluation Matrix G. Space Program Comparison H. Pro -forma Operating Budget ... ............................... 2 ... ............................... 3 ... .............................10 .18 . ............................... 21 . ............................... 25 Wheeler Opera House Expansion Needs Assessment 1. introduction Webb Management Services has been hired by the City of Aspen to undertake a study considering the Wheeler Opera House ( "the Wheeler ") Expansion. This study includes an assessment of cultural facility needs, physical and operational plans and a forecast of the economic impacts associated with the addition and improvements of facilities. Aspen has a long history as a community invested in the arts and humanities. The City is home to a number of internationally regarded arts and cultural organizations, including the Aspen Institute, Aspen Sante Fe Ballet and the Aspen Music Festival. Additionally, culture is an economic engine for the community, contributing $27.1 million in total arts expenditures annually'. Since 1889, the 503 -seat Wheeler Opera House has been an important contributor to the cultural and economic life of the community. In 1979, the City of Aspen adopted the Real Estate Transfer Tax (RETT), ensuring the continued operation and success of the venue. Most recently, the building was renovated in 1984. Now, the City is exploring the possibilities for additional facilities to serve the Wheeler, its audiences and the broader cultural community. 1 The Economic Impact of the Arts on Aspen and Snowmass, July 2004 September 2010 2 Wheeler Opera House Expansion Needs Assessment 2. needs assessment summary This first section summarizes the findings, conclusions, and recommendations of Webb Management Services' Needs Assessment for the City of Aspen and the Wheeler Opera House expansion. Areas of research and analysis include: 1. An assessment of the current Wheeler Opera House activity and operations 2. Review of the market for additional cultural programs and facilities 3. An evaluation of existing local and regional facilities 4. Projections of demand for facilities on the part of users 5. Consideration of the impacts and benefits of expanded facilities on the community This analysis then leads us to conclusions and recommendations on the need for new and improved facilities. 2.1 Wheeler Opera House Assessment The first step in this process was to review the Wheeler's programming levels, financial statements and mission. Included below for reference, the current mission of the Wheeler is: "The mission of the Wheeler Opera House is to monitor and ensure the preservation and viability of the historic venue and its property through exceptional performance experiences for residents, guests and performers, and to support the cultural assets of the Roaring Fork Valley." Our assessment found that the Wheeler is fulfilling its mandate, offering a diverse range of programs for Aspen locals, visitors and artists. Programming at the Wheeler Opera House includes presented events, and co- productions with local cultural organizations and artists. Additionally, the Wheeler serves as a permanent venue for the Aspen Music Festival's Opera program and the Wheeler Film Society, and also provides free or low cost access for community events and rentals. September 2010 3 Wheeler Opera House Expansion Needs Assessment 400 390 30D 230 Zoo 150 300 so A review of the Wheeler's programming breakdown indicated that the venue is a busy and active space used more than 350 days each year for public performances, community events, film screenings, rehearsals and more. The following chart summarizes usage at the Wheeler. Outside users such as the Aspen o -- Music Festival, Film 2007 20D$ 2009 ociet and other ■F Ckty lm SO OMUSic Festival OWheeler Presentlng Days y ■Rental Days ■RBMDays ■CO- Productions artists, promoters and MCOmmunhy Event Days I organizations enjoy frequent access to the space. The balance of days is allotted to Wheeler presenting, co- productions and repairs and maintenance. Considering the number of performances and public events over a three -year period, the Wheeler provided a diverse range of activities for residents and visitors and hosted over 300 performances and public events each year. Capacity levels at the 503 -seat venue varied depending on the type of programming. A review of audience counts during 2007 to 2009 indicated that capacity levels are highest at rental events and co- productions. It is likely that the percent capacity at Wheeler presented events will increase as audiences develop in response to new festivals and events that have recently been added to the Wheeler's season. An analysis of the Wheeler's income and expenses for all presented and co- presented live events from 2007 to 2009 suggested that expenses associated with presenting frequently exceeded gross income. Clearly, the 503 -seat capacity of the Wheeler limits profit potential, which is not surprising given that the facility provides a service to the community by presenting nationally and internationally recognized acts in an intimate and remarkable venue. A review of the Wheeler's operating budgets from 2007 to 2009 indicated the following: • Activity levels at the Wheeler shifted, and the number of rentals declined, affecting paid attendance, rent paid and auxiliary income. This decrease is a direct result of the current economic climate, and is likely to reverse as arts organizations affected by the recession recover. In anticipation of declining rentals, the Wheeler became a more active partner, and increased the number of co- productions and sponsored events in 2008 and 2009. • Earned income accounted for 49% of operating expenses, including Wheeler sponsored ticket sales, which were 22% of total income. Overall, income has increased in 2009 (and projected 2010), due to the addition of investment interest, increased ticket sales and lease revenues. 4 September 2010 Wheeler Opera House: Use Days 2007-2009 Wheeler Opera House Expansion Needs Assessment • Programming expenses grew significantly between 2007 and 2009, and are expected to increase in 2010. Additionally, administration expenses increased between 2007 and 2009, but are projected to decrease in 2010. • Not surprisingly, the successful operation of the Wheeler is heavily dependant on revenue from the RETT. Over the past three years, transfers from the RETT have decreased, and it is projected to decrease again in 2010. • In researching similar facilities, we found that the Wheeler's activity levels were higher, but earned income levels were slightly lower than comparable facilities. 2.2 Audience & Market Analysis The first step in this process was to define a market for the region. Using anecdotal information from comparable communities, conversations with local arts and cultural providers, and experience defining market areas for cultural facilities in similar areas, we have defined the region into three key segments: 1. Aspen 2. Pitkin County 3. 30 -mile Radius Further, we have identified three distinct populations that represent potential arts attenders: I. Permanent residents 2. Second homeowners 3. Visitors (i.e. tourists) Aspen is one of the nation's top destinations for visitors as well as a premier resort area attractive to second homeowners. Aspen's population swells to 27,000 in peak months, and short-term visitors total 300,000 annually. Visitor spending is significant, totaling $533 million in basic spending annually. For the purpose of this study, second homes are estimated to be more than half the residential and condo housing stock. Data collected via the 2008 Aspen Area Community Plan Survey suggests that Aspen's second homeowners are likely to be 'empty nesters' and retirees, are predominantly white, highly educated and very affluent. All three population segments (permanent residents, second homeowners and visitors) have a good propensity to attend arts events throughout the region. The presence of growing seasonal and visiting populations also supports this conclusion. Key observations are detailed below. • The local market has a small year -round population that is highly educated, older, affluent and predominantly white. • Pitkin County and the 30 -mile radius are more diverse, and are relatively affluent, older and educated. • The population in the local and regional markets is aging, suggesting increasing numbers of retirees. September 2010 5 Wheeler Opera House Expansion Needs Assessment • Second homeowners are highly educated and affluent, and have excellent propensity to attend arts events. • In Aspen, visitors and tourists are active participants in the arts, accounting for at least one -third of arts audiences in the peak seasons. 2.3 Competitive Landscape To understand the existing supply of cultural facilities, we reviewed local and regional facilities where arts events and programming regularly occur. The following chart summarizes capacity and rating of each mace. sueeestine that the inventory of high - quality small -scale facilities is limited. Additionally: • In Aspen, there are 25 venues regularly used for performances and events, ranging in capacity from 80 to 4,000 seats. Five venues are outdoors or are considered seasonal venues and nine venues are in churches, schools libraries or hotels. Patron amenities at many venues are limited and only the Wheeler, Belly Up Aspen and the Isis Theatre have box offices. • Local arts organizations are frequent users, and 52% of Aspen venues are rented to local arts organizations. Performance Venues: Capacity vs. Rating 4.0 J as ao ?l 2s �lrtr J J J 2.0 400 D E00 700 Wa 000 Low L5 y • laalnmr • weowwmau. • W1NrOpmaow 1.0 • Programming at Aspen venues is relatively diverse, and 28% present film, 31% present cultural events, 19% present music, 36% produce music and 12% produce theater. • Regionally, there are nine additional venues with capacities that range from 99 to 8,000 seats. Four venues are located in churches, schools or hotels. Almost all regional facilities have dedicated on -site parking but only one facility —the Thunder River Theatre Company — has a box office and dressing rooms. • Presenting in the regional market is limited, and 67% rent to regional arts groups. Notably, 19% of venues produce theatre. In Aspen, there exist a number of venues that are comparable in size and use. As a result, we collected usage statistics on a number of spaces, including the District Theatre and the Black Box located on the campus of Aspen schools, and the Aspen Music Festival's 500 -seat Harris Hall. A review of these data indicated that the District Theatre and Black Box are increasingly busy, serving a distinct set of key users, most importantly, the school district itself. Additionally, Harris Hall is considered to be a seasonal venue and as a result is active during the high season and used almost exclusively by the music festival. 6 September 2010 Wheeler Opera House Expansion Needs Assessment This assessment found the performing arts in Aspen and the region to be relatively competitive and home to a number of well - established music, dance and theatre producers, presenters and facilities that support them. The Wheeler is well positioned as an affordable and community oriented venue in downtown Aspen, providing access to one of the most desirable facilities in Aspen and presenting and co- presenting a series of events that complements activities in the market. Within the 30 -mile radius, there also exist many non - traditional venues that are utilized for arts events, including churches, school auditoria, hotel ballrooms and movie theaters. In Aspen, there are few well- equipped small -scale venues that are accessible to the community and properly equipped. 2.4 Uses & Users The market and facilities analysis, along with input from a diverse cross - section of constituents, and previous research that was reviewed and collated in support of this report suggests demand for several types of performance venues. Theatre Masters 21 21 West, n -150 99 100 tp 299 seat M1Uflry 31 9 0 n Aspen Music Festival iLimiteE /ocbsionalUU) 0 4 2 Aspen Film 10 Beth Upk20pseab 200 Mounbin Groove ProducM4ns 6 6 6 Fars 250 - 300 230 Theatre Aspen 14 6 New up 150 scab 150 Aspen center kr Physics 14 14 42 BoM 150-200 150 Hudspn Reed Enumble 42 21 7 Won, Crystal palace players 15 � Eldstln( 200 Fringe Festival &New pM1y Reading Series B 15 10 40 New 100 150 < 12 U FYJalrig 100 -150 ]� 300 b 600.wt M141Ny 89 SB SI 190 Mounbin Grppx ProOUCUpm 3 Prince Ese es /FUndralseb 3 New 550 550 6 6 Beds 300 500 3 0 6 9 T4W M Uas 113 5g 57 3L Specific demand includes: • 198 potential uses for a venue between 100 and 299 seats. Most demand is from theatre groups, including both emerging and well - established groups such as the Hudson Reed Ensemble, the Crystal Palace Players, the Fringe Festival & New Play Reading Series and Theatre Aspen. Aspen's large and diverse theatre community suggests that demand for a small -scale venue will continue regardless of demand from specific users. • Patron amenities, including box office and food services. • Facilities that can be used for rehearsal and education and outreach programs. September 2010 7 There is notable demand from area arts groups for localized cultural facilities, including a small to mid- sized high quality performance space. Following is a chart that details facility demand on part of local arts organizations and promoters and the community. Wheeler Opera House Expansion Needs Assessment • Space that is appropriately equipped to accommodate theatrical productions, including light and sound, and backstage spaces, such as dressing rooms, production facilities and on -site storage. • Performance facilities that offer a flexible seating configuration. 2.5 Community Goals The City's 2007 Civic Master Plan recommends a path forward for the Wheeler, including a mandate to contribute to the improvements in the daytime administrative office, box office, improvements in production capabilities and the Wheeler's ability to present more live performances. A Wheeler expansion project would fulfill the Master Plan's recommendation to improve the operational function of the Wheeler Opera House and accommodate as many additional needs of the local arts community as possible. The draft 2010 Aspen Area Community Plan reaffirms the importance of the arts and non - profit groups, many of which depend upon the Wheeler Opera House. Aspen's sense of community relies on the continual strength of important and historically significant institutions. The "Aspen Idea" chapter of the 2010 Aspen Area Community Plan maintains, "Cultivating arts and culture is a core element of the Aspen Area's heritage and identity, enriching quality of life and reinforcing Aspen's national and international profile ". 2.6 Conclusions & Recommendations A comprehensive review of the Wheeler's current operations, market, demand on part of potential users, the benefits and impacts of expansion and an assessment of the competitive landscape suggest that Aspen has a good propensity and capacity to support additional cultural activity via an expansion. The following observations are of particular importance: • The Wheeler is a busy and active space, with a diverse set of users and uses. • The seasonality of the market, capacity of the Wheeler, limited resources of renters and the desire for the City to bring high - quality programs to the area make the RETT funds critical to supporting operations. • The local and regional markets, as well as second homeowners, are highly educated, suggesting strong propensity to participate in the arts. • Visitors and tourists are active participants in the arts, and make up a significant percentage of the market in the high season. • User interest in additional cultural facilities suggests demand for a small -scale flexible space able to accommodate a range of activities. All of this information suggests the need for new performances facilities as well as an expansion and improvement to existing Wheeler facilities. To that end, the project should include: September 2010 8 Wheeler Opera House Expansion Needs Assessment 1. New Performance Facilities • A 100 to 299 - capacity space that can accommodate rehearsals, performances, classes and other events; and • Flexible seating configuration with the ability to accommodate events in theater - style, tables and chairs, flat floor and more. 2. Expanded Wheeler Facilities • Support space, including administrative space and dressing rooms; • Food service capability for public performances and special events; and • Improved public spaces, including a large lobby and other patron amenities. September 2010 Wheeler Opera House Expansion Needs Assessment 3, physical planning Having reached fundamental conclusions on what should be developed, we can now advance physical plans. We will start with a review of recent plans and then work through the process of creating of a plausible program for a freestanding theatre, evaluation of possible alternative sites for a freestanding theater, a conceptual plan for an adjoining Wheeler extension without a new theater to test its viability, and then provide estimates of construction costs for the expansion and new freestanding theater. 3.1 Evaluation of the Recent Programs and Plans To begin with, we recognize that there are serious design challenges involved with fitting a new theater with its the ambitious and complex program requirements onto the site adjacent to the historic Wheeler Opera House. The first and most obvious difficulty is that, given the size, configuration, and constraints of the site, it is very difficult to insert an additional theater with 265 seats. The desirability of having the new theater adjacent to the existing Wheeler is obvious and the design team has done a clever job of putting it below grade, but this has come at a large price. The lovely historic upstairs theater has always had some functional problems because of the constraints of the original building. Adding the new underground theater, with its own accessibility problems, seems to exacerbate rather than to alleviate these problems. The existing theater is three stories above grade and has serious drawbacks with very little backstage space, severely limiting the types of production the theater can accommodate. The previously planned addition did not add backstage area to the existing theater. The new theater, three stories below grade, seems destined to have similar issues with limited backstage space. Its backstage area is confined to the space in front of the freight elevator, and is no larger than that of the very limited wing space up stairs. Another drawback of the underground location is the amount of space required for vertical circulation, stairs and elevators necessary for both a pleasant ceremonial theater arrival, as well as legally required emergency egress. The vertical circulation amounts to roughly 11% of the lower theater level and 19% of the balcony level not including the horizontal space required to access them. It is also apparent that a large amount of area is given over to mechanical equipment and the large ducts and chases that are essential to provide adequate but quiet ventilation to an underground auditorium. Of necessity, this equipment takes up a disproportionate amount of floor area on several levels that could be used for more valuable functions. The ratio between the useful spaces and the spaces that support them (the efficiency ratio or efficiency percentage) gets smaller. With a greater proportion of the overall area being devoted to support, the unit cost of the useful space (dollars per net SF) goes up. 10 September 2010 Wheeler Opera House Expansion Needs Assessment Large portions of the originally proposed addition are to be used for more lobby space. Some of this area expands the current upper lobby, which presently does not comfortably accommodate a full house, and some of the area expands the currently constrained ticketing lobby and box office. Also included in the original plan are two levels of lobby space for the new theater. With the theaters four levels apart, clearly it is not possible for the theaters to share a lobby for intermissions. As a result there is a significant duplication of lobby space. The inclusion of a new theater and its supporting spaces in the program requires a large grade -level footprint that prohibits any flexibility in its placement on the lot. An underground theater in this particular location also requires excavation that is unusually costly. The three - storey deep excavation for the new theater would be below the footings of the existing Wheeler and new Mother Lode building. Excavating below these footings requires very expensive shoring to insure that the footings of these buildings, twenty feet above the bottom of the excavation, do not shift or settle at all. A single story excavation, on the other hand, would need shoring only on the north and south sides to accommodate the alley and sidewalk on Hyman Street. The sidewalls would be the existing foundation walls of the buildings on either side. Extending the existing freight elevator, as shown in the plans, down two more stories to the lower theater level, would require a complete rebuild of that elevator. Summation: The Wheeler expansion as proposed in its last iteration would be an expensive project with many physical challenges. Should the City of Aspen choose not to go in that direction, we would recommend that the City of Aspen explore another option for the development of the Wheeler site. This alternative would utilize the adjacent site to solve the physical constraints and operational problems with the existing Wheeler, and then add a second small, flexible performance space at a different location. The following sections develop that concept. 3.2 Develop /Extrapolate a Plausible Program for a Freestanding Theater To begin this exploration we have developed a preliminary program for a performance space that would not be attached to the Wheeler. Appendix E is a preliminary estimate of the space required for such a freestanding performance space. It identifies all needed spaces in the performance area, back of house and front of house, first as net square feet — the usable space, and then as gross square feet. This "test' program was extrapolated from the previous Wheeler expansion program and was not created with the benefit of the usual process of interaction with users and stakeholders. It should be considered as only a placeholder to be used to test and compare the viability of alternative locations, and to give us some idea of relative costs. The number of seats has been reduced from 26S to 250 to correspond to the theater size suggested elsewhere in this report. The number and size of the other spaces, back stage and front -of- house, have been adjusted slightly to reflect this change in the number of seats where appropriate. A much smaller grossing factor, the ratio between areas of support and useful spaces (25 %), assumes the much greater building efficiency possible with a single story structure on an open site. This ratio will vary, of course, depending on the constraints imposed by the site that is actually chosen, and the ability of an existing structure, if there is one, to be adapted to accommodate a theater efficiently. September 2010 S1 Wheeler Opera House Expansion Needs Assessment 3.3 Evaluate possible alternative sites for a freestanding theater To help us evaluate the relative merits of a large number of sites we have developed a comprehensive site evaluation matrix, which is attached as Appendix F. The matrix looks at thirteen potential sites for a new theater in a subjective, qualitative way rather than numerically or quantitatively. The potential sites are listed across the top with the evaluation of their attributes below them. The attributes are listed in the left hand column, representing evaluation criteria that we have developed in consultation with City staff. At a glance, sites with a lot of dark green below them are better. Red indicates serious problems that could possibly eliminate the site as a candidate. Pink indicates a potential problem or a negative attribute. Light green indicates that the particular criteria attribute is OK and not a problem. Dark green signifies a very positive attribute. The assignment of colors is somewhat subjective, but the matrix allows us to compare, at a glance, the relative merits of the various sites. While it is possible that changing conditions may cause other sites to become serious candidates, at this time two sites clearly emerge from the matrix as worthy of further consideration. 3.4 More specific comments on high potential sites A number of the sites we've evaluated have good potential, City Hall for one or the "D39" site across from the Wheeler for example, but too many major events have to take place before they become even possible candidates. So for now, we have identified two sites for detailed consideration that seem most suitable, and appear to be available in a reasonable time frame. September 2010 12 1) The current location of the Aspen Art Museum (originally Aspen's first power plant): Wheeler Opera House Expansion Needs Assessment The overall impression this site gives with its park -like setting on the banks of the Roaring Fork River, handsome historic building, and attractive pedestrian access across a lovely bridge is very positive. A simple mass and form, the freestanding structure indicates a building of some civic importance. Even the current configuration of spaces within the existing structure is a fairly good fit for the theater. The main gallery space is 2,208SF and would accommodate approximately 184 seats at 12 SF per seat on the ground floor and 60 more in a balcony. Fitting the requirements of the front -of -house into the 2200SF space available on the ground floor could probably work with the adjustment of some partitions. The upstairs gallery and offices, on the other hand, are not particularly convenient for much of the program, and would be eliminated to give the room more volume. The square plan of the main gallery is well suited for a studio /black box type theater. Currently, its hard surfaced flat parallel walls, floor, and ceiling produce an acoustic nightmare. This problem can be corrected fairly easily with the selective placement of more absorbent materials and modifications to the shape of the room with the addition of balcony seating. Depending on the ultimate orientation of the theater, a backstage could be accomplished with an addition on the east side, or by dividing and possibly adding to the existing western addition. Because the existing structure is freestanding with plenty of space surrounding it, because it is not in the middle of town, and because the existing structure is relatively straightforward and simple, the project would be relatively easy to construct. While the location has many natural amenities that would enhance a theater going experience, the riverside location also has its drawbacks. Flooding probably does not present a life safety issue as it occurs with plenty of warning, but might restrict or prevent building onto the east side of the existing structure. There is some parking on site that could be used for staff, cast, and handicap parking, but would not be sufficient for performance parking. Access to this parking lot is awkward as it occurs at an inconvenient angle in a five -way intersection. Public parking is available, however at the Parking Garage, which is a lovely, interesting, 387 yd walk from the Museum site. Because of this distance, and the mature trees that surround the building, there can be the impression that the building is "not in town" and easily accessible from bars and restaurants. The new brewpub across Mill Street has developed a following, but it is not clear whether it would benefit from proximity to a theater. The pleasantness of the walk from the parking deck and town notwithstanding, the Art Museum realizes that it would benefit from more walk -in traffic, and it is one of the reasons for their attempts to move into the core. The park location, however, would probably not affect a theater in the same way. A small, freestanding theater would likely have predictable, scheduled events and would not rely as heavily on "walk -in" traffic. The city owns the land and the building so land cost should not be an issue. September 2010 13 Wheeler Opera House Expansion Needs Assessment A major factor with this site, however, is the timing of its availability. The site will only become available for a theater if, and when the Museum vacates the building. While this process is moving ahead, it is not possible to predict accurately when a move will actually occur. As a site the Rio Grande Building is about the opposite of the Art Museum. Whereas the Museum is a very suitable existing building on a site that is a little bit removed, the Rio Grande building is a not very useful building in an excellent location. The site of the Rio Grande building is in an ideal location for a new theater. From a vehicular and pedestrian access point of view the site is excellent. It is adjacent to the parking garage connecting at several different levels. The roundabout serves as a natural drop off location. There is already a cross- town shuttle stop, and with two independent means of vehicular access on both the north and south sides of the site deliveries should not present a problem. The site is near the core of the town with its restaurants and bars, and a building here would occupy a dignified public position that could, in a formal urban design way, dramatically terminate Galena Street. Both the theater and the nearby businesses would no doubt benefit from their mutual proximity. In this location a theater would become another part of an ensemble of important public buildings, which already includes the County Courthouse, the County Library and Galena Plaza. The County Jail is adjacent, but relatively inconspicuous, and has its own separate means of access. September 2010 14 2) Rio Grande building (former Youth Center): Wheeler Opera House Expansion Needs Assessment The amenities of this site include the views to the north towards the park, the river, and Hunter Creek Valley, and a grand view up Galena Street south to the mountain. The adjacent plaza, which is in the process of revitalization, could become an outdoor venue used and served by the theater nearby. Drawbacks of this site are connected primarily to the size of the existing 6693 SF building (2041 SF upstairs and 3652 SF on the lower levels), which does not have spaces within it that can readily be changed into a theater. The upstairs room, the building's largest single open space, is only 39' by 35' clear with a couple of additional small pockets of space. At 1505 SF it might hold an audience of 100 and a very small stage. The acoustics in this space are currently not at all good, and there are lots of windows, not an asset for a theater where light control is important. The lower level is bigger, with a total of 3652 SF of space, but most of this space has low ceilings and is broken up with differing levels and structural columns. In short, it will not be possible to modify the existing 6693 GSF building to accommodate the entire 9000 GSF program for a new theater. Even if a smaller theater, smaller number of seats, were acceptable, the structural configuration would make any adaptation extremely difficult. This site is not very large and tightly surrounded by the parking garage, stairs, and pedestrian rights of way. If, however, 1) the existing building were to be removed, and 2) there is some flexibility in the program with regards to the shape of the theater, the site could accommodate a very interesting, unique 250 -seat theater. The site and existing building are owned by the city. While they are not currently being used to their fullest potential, given the public sensitivity about this location that emerged during the Art Museum's proposal last year, any redevelopment will require a very careful open process with full public involvement. 3.5 Consider How Existing Facilities Can Be Improved Through Expansion On The Site Having placed a new performance space in another location, we come back to the question of how to make improvements in and around the existing Wheeler Opera House. Following is a listing of the improvements we have considered. Street level: • Improve access to freight elevator. • Provide protected unloading that does not block alley. Expand indoor ticket waiting. • Clarify and improve efficiency of public circulation. • Improve elevator access to all levels. Use the flexibility offered by a reduced footprint to offset the historic Wheeler. Venue entrance. Lobby Level: • Expand lobby space. September 2010 1s Wheeler Opera House Expansion Needs Assessment • Provide additional and improved restrooms. • Accommodate Wheeler Administration offices. • Create outdoor space at lobby level, deck or patio if available, attractive for community gatherings. • Improve elevator access. Stage Level: • Expanded backstage area for casts. • Expanded space for off =stage sets. • Choral dressing area with restrooms. Improve elevator access. Below Grade: • Lighting and Sound equipment storage. • Stage equipment storage. • Mechanical systems. 3.6 Program Comparisons and Capital Cost Estimates The attached Appendix G compares the space programs for the 2009 PUD submission with the combination of the freestanding space program and the partial expansion of the existing building. This shows a reduction of total area to be constructed of 2,280 SF based on a possible building efficiency of 25 %. The actual amount of the reduction of area, and possible reduction of overall cost, will be dependent on the ultimate building efficiency achieved by the new theater. Of greater consequence to the eventual total construction cost will be the cost of the site, and the efficiency of construction. For reasons described above, building three stories underground on a site with no staging area is not efficient construction. Building the addition adjacent to the Wheeler without the underground theater would continue to have construction issues, but would certainly be significantly less cost per Square foot of useable space than the original version, perhaps even by half. Of equal importance will be the ability to build the new theater on a site where construction can happen efficiently. Raw land with room for staging is ideal, but an adaptive reuse can also be efficient when the new use fits well into the existing structure and there are still adequate places for staging. Following is a preliminary capital cost estimate for an alternative Wheeler Opera House expansion plan with a new theater on a site that is not adjacent to the existing building. It projects costs of improvements inside the existing Opera House (as shown in the previous plans), the costs of an addition improving the function of the existing Wheeler on the adjacent site (no new theater), and then projected costs of the new freestanding theater. The square -foot costs are obviously very rough estimates based on analogous projects recently completed in Aspen. Costs for the work inside the Wheeler should remain the same as the costs contained in the original estimates for the previous plans, as that work remains the same. The $ /SF costs for the adjacent September 2010 16 Wheeler Opera House Expansion Needs Assessment addition should be similar to recent commercial development in downtown plus an extra elevator. The $ /SF costs for the new theater should be comparable to the recent remodel of the Paepcke Auditorium. Summary of the Physical Evaluation: The City of Aspen is at a very interesting, dynamic, and exciting time in its development. The economic slowdown has provided a convenient pause in which to contemplate many intriguing directions for its future development. When important parts of the puzzle become clearer, the advantages and drawbacks of the sites here under consideration for the Wheeler Expansion will also become clearer. Then the exciting new theater can be placed adjacent to the Wheeler or at another site with the confidence that it will have the greatest benefit to the community. Aspen will be able to improve the functionality of its beloved Wheeler Opera House with a plan that is so sensible and cost effective that it will have the unequivocal support of the community. September 2010 17 Improvements In New construction Adaptive Re -use for Capital Budget Worksheet Wheeler adjacent to Wheeler New Theater Net Square Footage 4,000 7,434 Grossing Factor 1.25 1.25 Gross Square Footage 5,000 16,630 9,293 Per Square Foot Construction Costs $250 $750 $550 Construction Costs $1,250,000 $12,472,500 $5,110,875 Soft Cost Increment 20% 25% 30% Soft Costs $250,000 $3,118,125 $1,533,263 Total Capital Costs $1,500,000 $ 15,590,625 $6,644,138 $29,734,763 (excluding site acquislion) Summary of the Physical Evaluation: The City of Aspen is at a very interesting, dynamic, and exciting time in its development. The economic slowdown has provided a convenient pause in which to contemplate many intriguing directions for its future development. When important parts of the puzzle become clearer, the advantages and drawbacks of the sites here under consideration for the Wheeler Expansion will also become clearer. Then the exciting new theater can be placed adjacent to the Wheeler or at another site with the confidence that it will have the greatest benefit to the community. Aspen will be able to improve the functionality of its beloved Wheeler Opera House with a plan that is so sensible and cost effective that it will have the unequivocal support of the community. September 2010 17 Wheeler Opera House Expansion Needs Assessment 4. operating impacts Our next step is to consider the operating impacts of an expanded Wheeler Opera House and a new freestanding theater. Our intent is to share this information to build a level of understanding of the challenges inherent in programming, operating and sustaining an expanded Wheeler Opera House. Following is a description of the format and structure of the pro- forma, and then a detailed review of assumptions and results. The key step in developing the pro -forma has been estimating activity for new facilities and projecting future activity at the existing facility. While the resulting program of events is not an exact forecast of activity, it does provide a basis for projecting earned revenues, expenses and attendance. The pro -forma should be considered a "live" model, one that can be adjusted based on changing circumstances and assumptions. It is fundamentally a tool to help prepare for the operation of these facilities. The pro -forma builds on the past three years of actual operating results and the fiscal 2010 forecast and then projects activity and operating results for fiscal 2011 through 2016. Operating projections for proposed facilities are presented on four pages. The first two pages detail our assumptions about how each of the components of the expanded facilities is brought to life by presenting, co- productions and rental activity. The third page is the actual budget, showing projections of income, operating expenses and results. The fourth page shows all of the ratios and formulas used to make these projections. The most important step in the process is then estimating activity as new facilities come online and programs grow. For the Wheeler Opera House and then the new theater, we identify average rental fees per performance. These rates could likely be split further to reflect time of the day, time of the week, or perhaps time of the year. In fact, some users may negotiate a flat fee or a percentage of gross revenues in lieu of rent. But for the purposes of this exercise, and in order not to over - complicate the issue, we use rates that reflect the type of user and are set in reference to the Wheeler's historical rental fees per performance. Our overall approach is to make these spaces affordable as possible while also recognizing the quality offered to renters. Our activity estimates for the Wheeler Opera House and the new theater are based on input from City personnel and potential users as well as our activity analysis from the first phase of our work. We have detailed historical and projected performances in addition to event days for presented events and co- productions at the Wheeler Opera House. To those specific levels of use projected by local arts, media and cultural organizations, educational institutions and promoters, we have added some additional activity and then projected reasonable usage over time. Our approach with these estimates (and really with the entire budget) is to be as conservative as possible. For each space, we show activity and income from rentals (excluding the Aspen Music Festival), the Wheeler Film Society, and the Aspen Music Festival for the appropriate rental period. Additionally, we have projected the number of uses for Community 18 September 2010 Wheeler Opera House Expansion Needs Assessment Events, a category of users that enjoy free use of the space in exchange for providing community benefit and free admission. The pro -forma anticipates that the new theater will come on -line in fiscal 2014. Activity levels for live presentations, film presentations, nonprofit rentals and commercial rentals start in 2014 and build gradually over time. On the third page we project operating income and expenses in anticipation of expanded facilities. Note that the formulas used to calculate these numbers are detailed on page four of the worksheet. Income from Wheeler Sponsored Ticket Sales includes the building's share of admissions income from co- productions and Wheeler Presented Events. Box Office Ticket Commissions & Processing Fees are calculated using a total paid attendance and box office income per capita. Income per capita is calculated using actual income and then increased either 2% or 3% in fiscal 2011 to 2016. Wheeler Film Society fees are not projected to increase significantly in the coming years and are calculated using the number of screenings and an average rental fee per screening. Ancillary sales include the facility's commissions from merchandise and share of concessions income. Theatre rental fees include income from the Aspen Music Festival, Wheeler Film Society and other facility rentals. Additionally, we have calculated reimbursements from rental related material and labor expenditures from outside users and other expenses. Additional income comes from sponsorship, advertising revenue, grants and investment interest. Notably, interest has increased significantly in previous years but is expected to decrease as the principal of the RETT account decreases in anticipation of capital costs associated with a Wheeler expansion. The principal and annual interest rate, which is detailed in the formulas, margins and rations section of the pro- forma, is used to calculate investment interest. RETT principal and annual interest rates have been set by City staff, and take into account the depletion of the RETT for capital costs associated with this expansion project. Operating expenses, detailed on page three, come under the headings of administration, carry forwards and department savings, tech, building /physical plants, programming, advertising/publicity, box office operations, theatre rentals, ancillary operations, and overhead allocations. Administrative expenses include personnel, office equipment and supplies, professional services, volunteer management, professional development, telephone and other expenses. Building and Physical plant includes utilities, repairs and other maintenance costs, estimated on a cost per square foot basis given occupancy costs at comparable arts facilities. Programming costs are calculated as a percent of gross box office receipts and are, on average, anticipated to be greater than income generated by admission. September 2010 19 Wheeler Opera House Expansion Needs Assessment Advertising and publicity expenses include costs associated with promoting and marketing the institution as well as individual events presented or co- produced by the Wheeler. Expenses associated with box office operations will cover a series of hard costs, from ticket printing to maintenance of the ticket office computer system. Theatre rental expenses include the cost of set up, labor and equipment as well as maintaining the facilities when they are utilized by outside users. Ancillary operations expenses are associated with selling merchandise and concessions. Overhead allocations are operating costs determined by City management. The summary chart below shows how new facilities come online in fiscal 2014 and impact the overall operation. We see new activity, including a shift of some programs from the Wheeler into new facilities, additional earned income associated with these programs and new ones, and then additional expenses associated with additional staff, overheads and the physical space to maintain. Overall, the pro -forma suggests that new and improved facilities will increase the efficiency of existing facilities and support a range of new programs for a reasonable increase in the annual funding requirement, even as the income from related investments declines over time. SlumnaryalggMryW FlnsMlel Perl4misma September 2010 20 1. 20 fl 2011 fl2012 fl2013 fl2016 FY 2015 FY 2016 forecast Budget Forean Forecast Forecast Forecast Forecast Finendel Periolmance Wheeler0pera H Wee Perfalmancee /Screenings 311 330 332 333 211 282 290 s 330 330 330 330 315 330 346 erdan ce M enden 43,288 45,912 46,872 4],802 4], 865 51,8]3 55,320 N.Tinuter 90 97 104 Nrfoinmances /Screenings - - 119 133 141 Use Days - - - 12.450 13,003 14,205 40endl Financlal IRrloiman. Dined lnama $1.148,507 $926,615 $1,10].]10 S1,197,341 $1288,914 $1,306,226 $1,440,149 Operating 6penses $2,959,060 32.83,826 $2.784,153 112, 845,932 33,493,922 53,699,346 $3,916,071 Operating Result ($1.810 (31,757,211) ($1,656,643) ($1,648,590) (&2,224,9081 ($2,393,1201 ($2.475,923) Final Rasult/4nnual Funding Requirement ($1,982,553) ($2,009.501) ($1,861.313) ($1,BfiQ8]8) ($2.431,358) (112,593,164) ($2.670,586) %of BUd t Coerd by Earned loam¢ 39% 35% 60% 42% 36% 35% 37% September 2010 20 Wheeler Opera House Expansion Needs Assessment S. economic impact analysis Economic impact means that something has happened to increase economic activity, which includes new sales, new earnings for workers and new jobs in the local economy. These impacts are caused by the impacts of construction of new facilities (which are counted as one -time impacts) and then by the ongoing impacts of the new or expanded operating organization (the entity making expenditures in the local economy), as well as the expenditures made by their audiences. All economic impacts are also split between direct and indirect impacts. Direct impacts (which also include the induced impacts of audiences) are the measure of the economic effect of the initial expenditure within a community. Then there are the indirect impacts, which occur as people and businesses receive and then re -spend those initial direct expenditures locally. The indirect impact is the effect of this re- spending on sales, jobs, and household earnings. It is often referred to as secondary spending or the dollars "rippling" through a community. When funds are spent outside the market area, they are considered to have "leaked out" of the community and therefore cease to have a local economic impact. Indirect impact is then the sum of the rounds of local spending after the initial expenditures. The shift from direct impacts to indirect impacts is measured by employing multipliers developed by the Bureau of Economic Analysis, part of the Department of Commerce in Washington DC. Multipliers translate an input into an output: for example, a dollar spent on food (input) has an impact on the local economy by virtue of new sales in that industry, new earnings for people associated with that industry and new jobs created in that industry (output). There are three multipliers for each industry. The output multiplier is the estimate of total new sales associated with the initial expenditure. The earnings multiplier is the sum of three components of personal income -wage and salary disbursements, supplements to wages and salaries, and proprietors' income. It is not a sub - category of the output estimate, but rather the resulting impact of sales on what is earned by local workers. Finally, there is the employment estimate, which forecasts the jobs created in each industry as a result of new expenditures. Multipliers are purchased for a defined market area, in this case Pitkin County. Construction Impacts The following chart shows the sum of construction expenditures and resulting impacts. 1611111 11011 R.11MR1 • (Indust Code 230000 Construction Budget $23,700,000 (Industry ) Final Demand Multipliers Project Outputs Output 1.3474 $31,933,380 Earnings 0.2063 $4,889,310 Employment (person -years of employment) 5,3987 128 September 2010 21 Wheeler Opera House Expansion Needs Assessment Twenty -three million dollars spent on construction will yield, over the course of the construction project, new economic activity (i.e. sales) of over $32 million and new earnings for regional workers totaling $5 million, as well as 128 person -years of new employment in the County. Operating Impacts We calculate the ongoing impact of an expanded Wheeler Opera Houses' operation using what is called the bill of goods approach, shown in the following chart. We estimate expenditures by the Wheeler on everything from utilities and hotels to waste management and advertising, and then use the three types of multipliers to calculate new output, earnings and jobs in each of those industries. We have estimated new annual non - personnel incremental expenditures of $390,000 in 2014 (as per the operating pro - forma), which is equal to new spending on everything but staff. For the purpose of this analysis, we have assumed the personnel costs account for 40% of annual operating expenses. Adding up the outputs for each industry affected, we project that the incremental expenses drives $546,000 in new sales, $123,000 in new earnings, and creates 5 new jobs (not including those employed directly by the Wheeler). .. . 33% Z, Projected New Audience Pitkin County Attendance 50% 8,710 4,355 Recovered Pdkin County Attendance BB Or -- Appoach 1201d) inputs New Non-Pitkin County Attendance MuI6p0ert 3,484 Total New Attendance in Min County 5 AIR!; Qrtputs Cat Pro4orma Purchases W tdoMrs W ( I Enrnr� ( ) Errol Gobs) New Sales ($000Y) New Earnings (SM's) New Empl3 Power Generation and Su 1 1 6.1s) Recoil Trade $ ,00 20,OW 1.3167 .7 0.3031 .1079 12.1898 30,355 S 26,334 $ 3,1511 6,060 ,1 0.2 C ns08passe . rladm oun Hesssen en $ 5 20,000 1.3863 0.2386 9.4216 $ 27,726 f 4,772 01 r em and Sound rd i rduMries S 5,000 1.3978 0.3144 12.0502 $ 6,989 $ 1,572 0.1 munim un 5 20,000 70000 0.0000 0.0000 $ 20.000 f Insurance nsurmce iesJBroMr $ 15,000 1.3264 0 1086 71720 $ 19,896 $ 6,121 9 0 Funds, lasts. other finaoimf ser m 5 25,000 1.3974 02154 6.0890 $ 34,935 $ 5,885 0.2 E ui ment Rental $ 5000 2.3773 0.8743 133885 $ 11,887 S 3,072 0.f L at Smites $ S $ $ $ 3 5 $ $ f $ $ S $ S 25,000 5AM 5,000 20,000 5,000 20,600 5000 70,000 10,000 10.000 50,000 25,000 25,000 15,000 20,000 5,000 1.3993 1.5767 1.3766 1.3822 1.5537 1.5197 1.4589 .5613 1 1.4309 1.4005 1.4235 1.3314 ism 1.5750 7.3708 01925 0.6214 0.3279 0.3260 0.5233 0.5192 01172 0.4267 0.317 0.1074 4 0.3186 01510 0.4790 0.3915 O.Z677 51674 9.9854 94032 6.4312 12.6868 106915 98595 94549 12.6335 18.0991 16.1598 5.5705 541511 381882 70.1219 S 34,963 S 7,734 f 6,883 $ 27,644 S 7,769 $ 30,391 S 7195 S 15,873 S 1 4,308 S 14,005 3 71,175 $ 33185 S 39,235 $ 2 3.625 $ 27.416 $ S S $ S S $ f $ $ $ S $ $ $ 7,3$ 73 3,107 1,640 6,520 2,617 1 .500 4 ,588 4,267 3.177 4,074 15,940 6,350 5,673 5.073 5,634 0.7 00 0.0 0.1 0.f 01 0.0 0.1 0.1 01 0.8 0,1 1.4 0.5 0.2 A=unOn At Boo ' Services Com utar Meted serv'xxs Man ement mnMfi seniors Adrerbsin &related seraws Travel ana- ements & resernae4ns ester service ses s seen servkes Sto Sem' services aslo bu6 Mine Somme waste ma m n ment Perlotmin adsm areas Pmmetetsol rlprmin erR Hotels motile Food services xesis yb 1.3860 0.2973 16.7433 $ 6,830 5 1,487 0.1 The second component of operating impacts is the ancillary spending of facility audiences. To calculate these numbers, we start with the estimated 13,000 additional paying attenders visiting when new facilities come online 2014. Incremental attendance, or new audiences, is then split between those we estimate as coming from the County (50 %) and then those coming from the region. It is important that we do NOT include existing or County audiences in the calculation of spending, as these are expenditures that are simply moving around the defined economic region, as opposed to new economic activity in the region. Additionally, we assume that 10% of audiences are recovered audiences that would have traveled outside the County and that 40% of new attendance comes from outside of Pitkin County. Relocated Attendance 33% Z, Projected New Audience Pitkin County Attendance 50% 8,710 4,355 Recovered Pdkin County Attendance 10% 871 New Non-Pitkin County Attendance 40% 3,484 Total New Attendance in Min County 5 AIR!; September 2010 22 Wheeler Opera House Expansion Needs Assessment Now, we input those estimates into ancillary spending formulas, which are taken from the 2008 Arts and Economic Prosperity Report published by Americans for the Arts. That report provides significant data on how much people spend on various things in conjunction with their attendance at performances, exhibits and films. We then apply our multipliers to these dirgct impacts and add the totals for each industry to arrive at total impacts associated with the expenditures of audiences. The final chart below summarizes economic impacts by showing first the total impacts of construction and Beyond those quantitative impacts, it is clear that new performing arts and event facilities in Aspen can have additional impacts, as follows: Downtown Economic Development: Taking off our County economist's hat for a moment and thinking more from the perspective of a downtown developer, we might imagine what impacts the inflow of additional visitors will have on downtown Aspen. Clearly, new facilities can and will have a positive impact on the downtown, as it additional downtown traffic will support restaurants, nightlife and retail establishments, which would benefit workers, permanent residents, second homeowners and visitors. 23 September 2010 At the bottom of the chart, we show these total impacts. We then highlight just those associated with audiences coming from outside the County. For that outside group, their estimated expenditures of $231,076 lead to new annual outputs of $315,847, another $66,806 in new earnings and another 3 jobs created on an ongoing basis. Impacts Summary of Economic One-time Impacts Input (Construction) $23,700,000 Construction Output (Sales) $31,933,380 Earnings $4,889,310 Person-years 128 Ongoing Annual Impacts Input (Expenditures in 2014) $390,000 Operation Output (Sales) $546,315 Earnings $122,591 Jobs Created 5.1 Ancillary Spending Input (2014 Customer Spend) $231,076 (excludes In- County Attendance) Output (Sales) $315,847 Earnings $ 66 . 806 Jobs Created 2.9 Total Annual Operating impacts Output (Sales) $862,162 Earnings $189,397 Jobs Created 8 Beyond those quantitative impacts, it is clear that new performing arts and event facilities in Aspen can have additional impacts, as follows: Downtown Economic Development: Taking off our County economist's hat for a moment and thinking more from the perspective of a downtown developer, we might imagine what impacts the inflow of additional visitors will have on downtown Aspen. Clearly, new facilities can and will have a positive impact on the downtown, as it additional downtown traffic will support restaurants, nightlife and retail establishments, which would benefit workers, permanent residents, second homeowners and visitors. 23 September 2010 At the bottom of the chart, we show these total impacts. We then highlight just those associated with audiences coming from outside the County. For that outside group, their estimated expenditures of $231,076 lead to new annual outputs of $315,847, another $66,806 in new earnings and another 3 jobs created on an ongoing basis. Wheeler Opera House Expansion Needs Assessment Corporate Recruitment: Cultural facilities are important amenities to offer to corporations considering where to locate their business. The presence of these facilities is often seen as an indicator of a community that has an educated workforce and offers a high quality of life. Cultural Tourism: Aspen and Pitkin County have long benefited from significant cultural tourism with such anchors as the Aspen Institute, the Music Festival and the Jazz Festival. But this is a competitive venture, as many other resort communities are now vying for these visitors with their own programs and festivals. Aspen's heritage as a cultural destination does not guarantee its future as such, so it is critically important that the community adds new and improved facilities that support new and growing programs that continue to attract this important business. Richard Florida and The Creative Class: Celebrity- economist and author Richard Florida, has turned a simple idea into an empire. The simple idea is that people (particularly people with interesting jobs and skills) like to live and work in creative places, and that cities ought to promote culture and creativity as a means to recruit these desirable people and thus drive economic development. Cities all over North America (and not just big ones) are now pursuing economic development goals by promoting the presence of arts and culture and the people that like those things. Of course it's all easier said than done. The trick is to help artists in ways that don't stifle creativity, and then surround that creative core with a concentration of more commercially oriented industries (advertising, design, media) that benefit from and feed off of that creativity. Teaching Innovation and Creativity: Finally, we would raise one last economic development benefit, which is that the teaching of the arts is now being recognized as a fundamental need for the North American economy and its workforce, given the automation of many jobs and growing competition from lesser - developed economies. Or, as some commentators are now suggesting: "The MFA is the new MBA." Daniel Pink, in his March 2008 Nancy Hanks Lecture on Arts and Public Policy, said the following: "The argument for the arts is that the fundamental cognitive abilities, the fundamental abilities, of the workforce today and into the future, the fundamental abilities that our kids are going to be deploying at work are at their core artistic abilities, that arts are neither an avenue to something else, nor are they a nicety, but they are fundamental to how the economy functions. And unless our kids have this broad, robust suite of artistic capabilities, they are going to be in a world of hurt, yes, as human beings, but also as productive members of the economy." September 2010 24 Wheeler Opera House Expansion Needs Assessment 6. conclusions Our needs assessment, preliminary physical and operational plans, as well as an economic impact analysis, lead us to a series of conclusions: • Demand on part of users, propensity for additional attendance on part of residents, second homeowners and visitors, the lack of available small -scale performance space, and the community's vision affirm the need for an improved Wheeler Opera House as well as additional facilities. • Our physical planning suggests that improvements within the existing Wheeler Opera House, some expansion onto the adjacent site and the development of new facilities through the adaptive reuse of existing facilities at a nearby location provides a cost - effective means to achieve these new facilities. • Operational plans suggest that there are reasonable additional costs associated with the improvement and expansion of the Wheeler Opera House and the addition of new facilities nearby. • New and improved facilities will have significant economic impacts (both quantitative and qualitative) on the community and County, strengthening the argument for these capital investments. September 2010 25 APPENDIX A: LIST OF INTERVIEWS Jeff Bay Josh Behrman Beth Brandon Debbie Braun Jon Busch Terry Butler Richie Cohen Chip Comins Pam Cunningham Jim Curtis Denis Cyrus Teddy Davis Bill Dinsmore Ron Erickson Pete Estock Harry Feldman Alexa Fitzpatrick Ed Foran Bruce Fretz Michael Goldberg Steve Goldenberg Julia Hansen Mick Ireland Jack Johnson Jane Kelly Junee Kirk Helen Klanderud Warren Klug Andrew Kole Kim Kuliga David Ledingham Mathew Loden Pete Louras Mike Maple Amy Margerum Mike Marolt Natalie McMenemy Elizabeth Milias Deborah Muziker Brian O'Neil Stewart Oksenhorn Paige Price Kent Reed Rachel Richards John Rigney Liz Shapiro Lee Sullivan Laura Thielen Andrew Todd Bob Wade Tom Ward Bill Wiener Webb Management Services A-1 appendix b: needs assessment presentation Our Practice June 29. 2010 WHEELER OPERA HOUSE EXPANSION & FACILITY NEEDS ASSESSMENT Management consultants for the development and operation of cultural facilities Founded in 1997, now starting project #251 Clients are cities, arts groups, educators and developers Feasibility studies, business plans and strategic plans Recent regional work in Glenwood Springs, Snowmass, Crested Butte and Denver m.g Scope of Services - Done Wheeler Opera House Program & Assessment What does it do and how does it serve the community Needs Assessment • Audience • Users • Existing Facilities • Benefits and impacts Facility Recommendations Scope of Services - To Do Physical Planning • Space program • Site analysis Order of magnitude capital budget Business Planning Order of magnitude pro -forma budget Quantitative economic impacts • Qualitative economic impacts �,a�,•�• „��,t — na''e,,,e.t Methodology One -on -one interviews with potential users, business leadership and community members Facility tours and conversations with facility managers Review of 3 years of financial data and activity Analysis of calendars for Wheeler and competitive venues Review of previous Wheeler Opera House plans, studies and presentations managemept Conclusions The Wheeler is a busy and active space, with a diverse set of users and uses, many not needing 500 seats The seasonality of the market, the small capacity of the theater, the limited resources of renters and the desire of the City to bring high - quality programs to the area create significant operating challenges The physical limitations of the space inhibit utilization and operating efficiencies The theater serves resident and visiting audiences. local artists /organizations. and the broader goals of the community mana�emenr List of Interviewees Jeff Bay Alexa Fitzpatrick Pete Louras Andrew Todd Josh Behrman Ed Foran Mike Maple Bob Wade Beth Brandon Bruce Fretz Amy Margerum Tom Ward Debbie Braun Michael Goldberg Mike Maroll Bill Wiener Jon Busch Steve Goldenberg Natalie McMenemy Terry Butler Julia Hansen Elizabeth villas Richie Cohen Mick Ireland Deborah Muziker Chip Comins Jack Johnson Brian O'Neil Pam Cunningham Jane Kelly Stewart Oksenhom Jim Curtis Junee Kirk Paige Price Denis Cyrus Helen Klanderud Kent Reed Teddy Davis Warren Klug Rachel Richards Bill Dinsmore Andrew Kole John Rigney Ron Erickson Kim Kuhga Liz Shapiro Pete Estock David Ledinghain Lee Sullivan Harry Feldman Mathew Loden Laura Thieten managemen Conclusions The local and regional markets, as well as second home owners, are highly educated, suggesting strong propensity to participate in the arts Non - resident visitors are active participants in the arts. and make up a significant percentage of the market in the high season User demand shows demand for a small -scale flexible space able to accommodate a range of activities There are significant limitations with existing facilities, both physically and operationally Work by the city confirms the important role to be played by the arts and arts facilities in achieving a shared vision for the future manaecmom Recommendations New Space • A new space with a capacity that can adjust between 150 -250 seats for rehearsals, performances, classes and other events • Flexible seating configuration - theater - style, tables and chairs, flat floor, etc. Expanded Wheeler Facilities • Support space, including administrative space and dressing rooms • Food service capability for public performances and special events • Improved public spaces, including a larger lobby and other patron amenities .. *Ow ..%1 011 Wheeler Opera House • Mission • 'The mission of the Wheeler Opera House is to monitor and ensure the preservation and viability of the historic venue and its property through exceptional performance expell iences for residents, guests and performers, and to support the cultural assets of the Roaring Fork Valley." • Programming • Presenting Wheeler Opera House presenting and co- produced events Community Events Contract with music festival for summer use, running through 2034 • Rentals • Film Screenings (Wheeler Film Society) Comparable Facilities • Researched activity levels, income and expenses and staffing levels • Facilities are comparable in size and /or location • Capacities range from 215 to 690 _ ma'l�f$�xRSr Comparable Facilities Presenting levels are consistent with Wheeler Sponsored Events and Co- productions Comparatively, the Wheeler is an incredibly busy space. Only the Rialto Theater has similar levels of use maYtq�e @Yat IhL' Comparable Facilities Comparable Facilities • Operating budgets range from $500K to $3.5 million • Ticket income accounts for 23% to 87% of earned income All of these spaces have higher percentages of earned income as a of operating expenses marKBinggt Conclusions Activity Busy and active space, subject to much wear and tear Presenting and co- producing activities inherently risky Very much a community facility, offering low-cost access and grants to local groups Outside rentals have decreased since 2007 Dominated by the Music Festival during key summer weeks • Heavily utilized for film screenings, which don't generate significant income or attendance mandPYTenY M1[ Staffing levels are variable and range from 4 to 17 The Vilar PAC has the largest staff, which includes dedicated marketing, fundraising and finance staff Only the Rialto Theatre personnel and the Wheeler are staffed by City employees • The Wheeler's human resource expenses (as a Percent of ooeratlno Conclusions Financial Analysis • Not surprisingly, the successful operation of the Wheeler is dependant on revenue from the RETT • Income has increased in 2009 (and projected 2010), due to the addition of investment interest, increased ticket sales and lease revenues • Operating expenses have also Increased, due to an increase in programming expenses • In researching similar facilities, we found that the Wheeler's activity levels were higher, but earned income and staffing levels were lower than comparable facilities maRikaat Market Definitio managemopt Market Assessment Resident Population Aspen Pitkin county 30 mile Radius - typical pull for 80`Y of the audience Second Home Owners Non- resident Visitors (i.e. tourists) Full -time Market Size ma�ipp4e HouxAakll.Db Aaa s�w.wo.mm. na000m sew. tngymiRffn W.CPom1tl.KG was wssmw w+smw w�.mw w n mm mam $as.000 $xs.000 $65,000 $55.000 $as.aoo S35.000 Aga Dbe Mon Median Household Inwme Trend 3 s ., iot �sx xo* aw w$ sA ws n,a, oenwcou^b o. a . mwa . om �uu c Mai amein PoUnb onmmbfr eyy 30M 2009 24W a USA a 30 -mlle Ra010d 0 R ncauws o AW, Second Home Owners 2008 Aspen Area Community Plan Survey • Survey included 115 second home owners • Empty nesters and retirees 39% between 55 -64 38%65+ • Predominantly white • Highly educated 90% had a bachelors degree or higher 66% had a graduate or professional degree • Very affluent 78 "„ have incomes of $200.000 or above 27% have incomes of $1M or above mnnaFemeet mapm•! • In Aspen, non - residents own more than half of the Non - Resident Visitors &Tourists residential /condo parcels A 2008 study completed by ERA indicated that Aspen's population swells to 27.000 in peak months. second homeowners are the primary drivers of and short -term visitors total 300,000 annually economic activity in As en Annually, visitors account for $533 million in basic spending 2004 Leeds School of Business study • Collected 777 surveys from participants at Aspen arts events. • ml �� • Summer: 34.8'Y(, of all survey respondents indicated they were visiting Aspen for vacation /pleasure. 9.5% of all survey respondents indicated they were visiting family and friends Winter: indicated visiting Aspen for vacation/ 22.9 of all survey respondents •L pleasure 5.1;. of all survey respondents were visiting famiiy/friends yyRk,, m ma ""4emst •Resp onses include "I live here," business. group tour... °Ifi Market Conclusions The local market has a small year -round population that is highly educated, older, affluent and predominantly white Pitkin County and the 30 -mile radius are more diverse, and are relatively affluent, older and educated The population in the local and regional markets is aging, suggesting increasing numbers of retirees Second home owners are highly educated and affluent, and have excellent propensity to attend arts events Non - resident visitors and tourists are active participants in the Arts in Aspen, accounting for at least one -third of arts audiences in the peak seasons m- tove Existing Facilities Researched facilities used for cultural activities in Aspen and the region Toured existing facilities and interviewed facility managers Rated facilities on physical characteristics and the types of activity hosted in each space Facilities are also rated using 8 variables: 1. Facility Condition 2. Staff and support 3. Theatrical functionality A. Room acoustics o. Customer amenities S. Performe, memties Z Atmosphere and character megegemem S. Suitability for users Aspen Facilities In Aspen, there are 24 venues regularly used for Performances and events 80 to 4,000 seats 5 are outdoors or are considered seasonal venues 9 venues are in churches, schools, libraries or hotels 52% are rented by local arts organizations Programming is relatively diverse: 28% present film 31% present cultural events 19v_ present music 36➢ produce music 12`S, produce theater ma ,ege.nem m,, �•�Keumenr Caf6 /Restaurant Film Space /Equipment Flexible seating Outdoor / Seasonal Venue Kitchen Facilities Large Lobby Rehearsal or Program SWS Other Event Space. _ _. Wheeler under 500 500+ under 500 500+ 12% 14% 29% 0% 24% 29% 43% 0% 35-h 14% 71% 33% 6% 57% 0% 67% 29% 14% 57% 33% 0% 29% 14% 33% 29% 0 57% 33% 29% 14% 43% 33% 0% 14% 0% 0% 24% 14% 29% 0% 0% 43% 14% 0% 41% 57% 57% 100% 17 7 7 3 Black M.: Number vi UfeS October2007 S ptember200B soo asp sso xw so roo iw so 0 taw,.znsne twivatum ay.m.nw. vx +�n.c sw>ume ewua eRm vaeao.w•�.'�+v�n vass G Very much a music facility Limited staff to book and operate for outside renters Little inclination on the Part of the Festival to make it a more active facility managemenr Facility Conclusions In Aspen, there are few well- equipped small -scale performance venues The Black Box, which has limited amenities and function as a Performance space, is heavily utilized for classes and education events and has little access for community events Many facilities are in non - traditional performance spaces that are not suitable for public events • Aside from film, there is a gap in the market for presented events in an intimate setting The Wheeler is well positioned as an affordable community - oriented venue located in downtown Aspen . The Wheeler's presenting and co- producing compliments Aspen's competitive market • Community events and rentals provide access to one of the most desirable facilities in Aspen M*"Irt Facility Conclusions • The District Theatre and the Black Box are very busy, serving a distinct set of key users, most importantly the school district • Harris Hall, largely considered a seasonal venue, is very busy duringthe high season and used almost exclusively by the Music Festival • Within the 30 -mile radius, there exist a number of non- traditional venues utilized for arts events, including churches, school auditoria, hotel ballrooms and movie theaters The market is relatively competitive and is home to well established music, dance and theater producers and presenters management Local Demand for New Facilities External demand for a 100 to 299 seat facility includes 89 performances. 59 cn stage rehearsals and 51 other uses 1dditionally, interviews with local arts groups also found that facilities that cap, re used for rehearsal and education are in strong demand Harris Hall Relating to Community Goals 2007 Civic Master Plan, City of Aspen • Accommodate as many additional needs of the local arts community as possible • Improve the operational function of the Wheeler Opera House • Contribute to improvements in the daytime administrative office and box office • Contribution to the Wheeler's ability to present more live performances and to improvements in production capabilities management Next Steps Incorporate comments and feedback into our work Physical Planning • Space program • Site analysis • Order of magnitude capital budget Business Planning • Order of magnitude pro -forma budget • Quantitative economic impacts • Qualitative economic impacts Relating to Community Goals Improvements to the Wheeler would: • Provide facilities for emerging and established local arts organizations • Be in support of cultural tourism and the local economy • Potentially increase the number of Wheeler Sponsored Events and Co- productions • Preserve and improve an important historical asset • Increase foot traffic, benefiting restaurants and nightlife establishments • Affirm Aspen's core as a hub for arts and cultural activity m -Often Conclusions Revisited • The Wheeler serves the community under challenging physical constraints • There is an audience for additional programming • There are a number of local groups looking for small and flexible spaces There are physical and access challenges with existing facilities New and expanded facilities serve the goals of the community, as long as there is a commitment and understanding of the investment required to build and sustain the arts as a vital element of community life =.Jll72 Recommendations New Space • A new space with a capacity that can adjust between 150 -250 seats for rehearsals, performances, classes and other events • Flexible seating configuration - theater - style, tables and chairs, flat floor, etc. Expanded Wheeler Facilities • Support space, including administrative space and dressing rooms • Food service capability for public performances and special events • Improved public spaces, including a larger lobby and other patron amenities m. of APPENDIX C: MARKET CHARTS AND GRAPHS 1. Market Demographics A. Age Distribution Age Distribution Ageg5a Age 55to 54 Age 35 to 54 Age 18034 Age 17 and under 0% Age Distribution (Young Adult Segments) Age35te44 Age25to34 Age 21 to 24 Age 15 to 20 5% 10% 15% 20% 25% 30% 35% 40% 0&'.a 0piddn County 030 mile Radius MUSA 0% 5% 30% 15% 20% ®Aspen ■P0Wn0aunty 630mib ReeAR •USA The Market Today: Young and Old Population Segments 30% — _-- _ - -___ 25% 20% 15% 10% 5% a% age 55� Age 17.,a munge, sum 030 rate Radius Orypin Count, ampan B. Educational Attainment Educational Attainment Graduate or Prof Degree Bachelor's Degree Associate Degree Some College. No Degree High School Graduate 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 0 Aspen 0Piano County 030 -mile Radios ■USA Educational Attainment Bachelor's Degree and Higher 30% I i 20% I I t 10% 9% Aspen Pluto County Radius USA patlius ■Graduate Degreeand higher o Bachelors Degree and higher C. Household Income Distribution Household Income Distribution $150,000 ormom 3100,000to $149,999 $75,000 to $99,999 $50,000 to $74,999 $25,000 to $49,999 Less than $24,999 0% 5% 10% 15% 20% 25% 30% 0 Aspen 0Pitkin County 030 -mile Radius ■USA D. Racial Composition Racial Distribution ONer Amed-olnNanarAlasM Natlye Black or A/dcan Amern en Auden Hispanic or latim We 0% 2. Market Trends A. Population Growth Population Growth 60,000 50,000 - -_ -_ 40,000 30,000 20,000 - - - -- 10,000 -- 0 Aspen Rini County 30 mile Radius 0 1990 02000 02009 6 2014 10% 20% 30% 40% 50% 60% 70% 80% 90% DAspen OPlldn County 0 3amlle Radius sum B. Median Income Trend Median Household Income Trend $85,000 $75,000 4 0 e $65,000 $55,000 $45,000 $35,000 2000 2009 2014 — USA a 30 -mile Radius s Pitkin County 0 Aspen C. Age Trends 'Empty Nester' and 'Retiree' Population Trend: Aspen 20% 15% L . 10% S 5% 0% 2000 2009 2014 065 to 74 years 055 to 64 years 045 to 54 years 'Empty Nester' and 'Retiree' population Trend: 30-mile Radius 20% 15% 10% 5% 0% 2000 2009 2014 065W74years 055 W 64 years 045 to 54 years D. Trends in Racial Composition Trend in Racial Composition: Aspen 10% - 8% 6% 4% 2% 0% 2014 O Black at Affican American D"an III Hispanic at UUno APPENDIX D: FACILITY INVENTORY Aspen Facility Rating Local Aspen Mountain Base 4,000 3 1 1 1 1 4 1 4 3 1.8 Aspen Music Festival - Benedict Music Tent 2,050 2 4 4 4 4 3 3 4 4 3.8 Wagner Park 2,000 7 4 1 1 1 1 1 1 3 2 1.9 St. Regis Aspen: Grand Ballroom 920 7 4 2 1 2 4 1 3 2 2.5 District Theatre at Aspen Schools Complex 550 11 3 2 4 3 1 2 2 3 2.5 Wheeler Opera House 503 7 3 4 3 3 1 3 3 4 2 3.2 Aspen Music Festival - Harris Hall 500 1 3 4 4 4 4 4 4 4 3.8 _ Belly Up Aspen 450 1 3 4 3 4 1 4 4 4 4 3.7 Paepcke Auditorium 410 4 4 4 2 3 4 4 4 4 3.7 Doerr - Hosier Center: McNulty Room 300 4 3 4 2 2 4 2 3 3 3.0 Hotel Jerome: Grand Ballroom 300 3 4 2 ' 2 4 1 3 2 2.5 Aspen Chapel 300 4 3 1 2 2 1 1 2 2 1.8 Aspen Community Church 250 4 3 2 2 4 1 1 4 3 2.5 Isis Theatre: Screen One 193 7 2 2 2 2 3 1 3 2 2.1 Given Institute: Main Auditorium 190 7 2 2 1 2 1 1 2 2 1.7 Crossroads Church 178 2 3 1 2. 3 1 1 2 2 1.9 Theatre Aspen Tent 153 6 1 4 1 1 1 1 4 2 2.0 Black Box at Aspen Schools Complex 150 8 3 2 2 2 1 1 1 3 2.0 Old Youth Center Building 150 1 1 1 1 1 1 1 1 1 1.0 Isis Theatre: Screen Two 120 0 2 2 2 2 3: 1 3 2 2.1 Isis Theatre: Screen Three 112 2 2 2 2 2 3 1 3 2 2.1 Christ Episcopal Church 100 2 4 1 2 3 1 1 3 3 2.3 Red Brick Studio 105 99 2 2 1 1 1 1 1 2 2 1.4 Pitkin County Library 80 3 3 1 1 1 1 1 2 2 1.6 Regional Snowmass Town Center Park 8,000 1 2 1 1 1 1 1 1 3 1 1.4 Sopris Park 7,000 7 2 2 1 1 1 1 2 1 1.5 Snowmass Conference Center 1,100 4 2 2 1 2 3 1 2 2 1.9 Basalt Middle School Auditorium 480 5 3 1 2 2 1 1 3 2 1.9 Roaring Fork High School Auditoria 400 4 4 2 2 3 1 2 2 3 2.5 i Silver Tree Hotel: The Cabaret Room 350 7 2 � 2 2 2 3 1 1 2 2 2.0 Snomass Chapel 200 11 3 2 2 3 2 2.4 Anderson Ranch Meeting Hall 100 6 2 1 2 2 1 g22 1.5 Thunder River Theatre Company 99 7 2 2 3 3 2 2.2 Steve's Guitars 60 2 2 2 2 3 0 1.8 > < 0 N d o. F v. a Y ` o G v c u m c a If 0 6 C .F LL y � N 0 0 < E O o m C E < d E YO j u C E < d E p I t a Y U ` 01 d O E < N o > + 'a m s ^ m R m Appendix D Webb Management Services 9/8/10 Local Aspen Mountain Base Aspen Music Festival: Benedict Music Tent Wagner Park St. Regis Aspen: Grand Ballroom District Theatre at Aspen Schools Complex Wheeler Opera House Aspen Music Festival: Harris Hall Belly Up Aspen Paepcke Auditorium Doerr - Hosier Center: McNulty Room Hotel Jerome: Grand Ballroom Aspen Chapel Aspen Community Church Isis Theatre: Screen One Given Institute: Main Auditorium Crossroads Church Theatre Aspen Tent Black Box at Aspen Schools Complex Old Youth Center Building Isis Theatre: Screen Two Isis Theatre: Screen Three Christ Episcopal Church Red Brick Studio 105 Pitkin County Library Regional Aspen Facility Activity Producing Activity Presenting Activity Rental Activity 1 Appendix D Webb Management Services 9/8 12% 12% 36% 0% 8% 4% 40% 0% 0% 4% 12% 4% 28% 12% 4% 8% 4% 24% 52% 28% 28% 48% 16% 0% 8% Aspen Facility Activity Snowmass Town Center Park Sopris Park Snowmass conference Center Basalt Middle School Auditorium Roaring fork High School Auditoria Silver Tree Hotel: The Cabaret Room Snomass Chapel Anderson Ranch Meeting Hall Thunder River Theatre Company 19% 16% 37% 0% 6% 3% 41% 0 %% 0% . 6% 19% 6% 25% 9% 3% 9% 9% 31% y u d T -E A R R �i d 1 = - ? 9 9 C A C E °O .�. 3 3 m E F u C C 1�L C U Q 6 LL V U Y m m O O N O N H Rental Activity 1 4 5 4 11 6 1 56% 67% 44% 67% 0% 0% 56% r t cc O L � s N l' O 6 O U Presenters N H Appendix D Webb Management Services 9/8 Aspen Facility Features Local Aspen Mountain Base Aspen Music Festival: Benedict K Wagner Park St. Regis Aspen: Grand Ballroom District Theatre at Aspen Schools Wheeler Opera House Aspen Music Festival: Harris Hall Belly Up Aspen Paepcke Auditorium Doerr - Hosier Center:McNulty Roo Hotel Jerome: Grand Ballroom Aspen Chapel Aspen Community Church Isis Theatre: Screen One Given Institute: Main Auditorium Crossroads Church Theatre Aspen Tent Black Box at Aspen Schools Compli Old Youth Center Building Isis Theatre: Screen Two Isis Theatre: Screen Three Christ Episcopal Church Red Brick Studio Pitkin County Library Regional Snowmass Town Center Park Sopris Park Snowmass Conference Center Basalt Middle School Auditorium Appendix D Webb Management Services 9/8/10 Roaring Fork High School Auditoria Snowmass Chapel Anderson Ranch Meeting Hall Silver Tree Hotel: The Cabaret Room Thunder River Theatre Company Steves Guitars Proportion of Facilities with Feature 100% 15% 26% 0% 38% 21% 32% 12% 29% o CO p m G M a y W ? A E n Y y d U O J 6 0 E � \ \ K !D L J O U Y o fA \ E o y LL a � io m O y 29% 3% 21% 12% 53% y U N U 6 U E E d C d d O LL o CO p m G M a y W d O O Appendix D Webb Management Services 9/8/10 Aspen Facility Features APPENDIX E: NEW FACILITY SPACE PROGRAM Space Program for new freestanding Performance space occupancy sf or unit per qty occ. Performance Spaces 3000 Theater (299) 150 dimmer room 120 amplifier rack room seating unit storage follow spots 100 rigging 400 catwalk 1 250 projection control booth 1 25 audio booth 2 50 off stage area 1 140 200 subtotal Back of house 2 50 performer's lounge 1 120 kitchenette 1 150 restrooms star dressing room large dressing room A dressing rooms admin. /repair shopAaundry piano storage subtotal Front of house lobby _ticket counter concessions restrooms ticket office subtotal total net sf 25% Grossing Factor total Gross SF 250 2 1 16 1 12 12 250 5 51f /100 51f /200 1 we /25 area total 3000 3000 150 150 120 120 200 200 150 150 100 100 400 400 1 250 250 1 25 25 2 50 100 1 140 200 1 300 300 2 50 200 1 120 120 1 150 150 1 1250 1250 1 120 120 1 100 100 2 200 400 1 100 100 4120 1345 1970 7435 1858.75 9293.75 Note: Grossing factor includes space used foie oss oie none none none none i none inone nc chological pion doesn't feel [ same where? not mat ximity to enitles ec Iestrian access ,icular access difficult dunno events kinq no[ awd I limeted but some ess for deliveries not amat ipatbility wiM acent uses St. Ma 's residences and li itive impact on , rby uses residences an size 000 din envelo a 7000 bi enou h bii i suitable Imes and s aces no existin st low ceilin no structure no structure ossible structure iabie7 rk oximate cost straints codes _regulations structlon access acent buildings I roads in areas hies -u tion a onion of to NS acent parks elation servation of open ce servation of :oric structure win site tive reuse t to acquire and .lop ossible public/ rivate de ve ood ok unknown not so good roblematic APPENDIX G: SPACE PROGRAM COMPARISON levels level 4 level 3 level 2 level 2 decks and balconies level 1 lower level 1 lower level 2 lower level 3 total constructed area Gross Area Comparison between Combined and Separate Theaters 9/17/09 PUD submission new construction new construction for conceptual review adjacent to WHO free - standing theater (from 9/17/2009 plans) (from test designs) (from new program) 7434 NSF 1.25 GF (5400 SF green roof) (+ green roof) 476 GSF 5387 GSF 4100 GSF 5336 GSF 3948 GSF balcony 364 GSF balcony 210 GSF 5400 GSF 3948 GSF 0 GSF 3948 GSF 3937 GSF 0 GSF 7780 GSF 0 GSF 28204 GSF 16630 GSF 9292.5 GSF combined freestanding theater and adjacent expansion 25922.5 GSF Delta 2281.5 GSF Wheeler Opera House and Expansion Pro -Forma Operating Budget DGEi FY2008 %Change FY2009 %Change %Change %Change F recast %Change %Change change Ddget FY2007 %Change oreca0 F recast FFoorecas Forecast Forecast 50 56 56 56 10% 62 10% 68 Performances 8 17 49 33 39 40 40 10% 44 10% 48 Event Days 8 13 29 6,791 7,986 8,385 8,804 10.653 12,890 Paid Attendance 2,360 4,501 8,332 5% 28% 5% 30% 5% 31% 10% 34% 10% 38% Capacity Sold 59% 53% 34% 27% $169,763 $203,634 $218,091 $233,576 $291,106 $362,805 Wheeler BOx Office 479,815 $174,704 $202,431 $26 2% $26 2% $27 3% $27 3% 22 Average Ticket Pdce $34 $39 $24 $25 $0 2% $0 $0 S0 Rent Paid $0 $0 $0 -45% 25% 2% SO% 5% try In c co me per inceme $21,750 514,068 g18,464 519,775 526 321 $33 440 E2 576 $4,679 $29,483 t0 10 10 10 5% 11 5% 11 Performances 18 2U 1G t0 10 10 10 5% 11 5% 11 Event Days 20 16 14 3,873 3,873 3,873 3,873 4,067 4 77% Paid Attendance 5,598 4,421 3,894 77% 77% 77% 77% P% Capedly Sold 62% 44% 77% $131,684 $134,318 $137,004 $139,745 $151,134 $163, Wheeler Box Office $214,185 $55,775 $132,395 $35 2% $35 2% $36 3% $37 3% 538 $38 Price ( Wheeler Share) $38 $13 $34 $34 $0 2% 2% $0 2% $0 2% $0 3% $0 3% $0 Rem Paid $100 $126 $0 $1.25 -45% $0.69 25% $0.86 25% $LOT 10% $1.18 3% $1.22 Income per Capita ary Inc pe $1.54 $1.23 $1.29 $4,841 $2,663 $3,328 $4,161 $4,805 $5,197 A ome lnceme $6,643 $5,421 $5,004 76 72 79 2% 81 2% 82 5% 86 5% 91 Performances 106 98 66 86 2% 88 2% 89 10% 98 10% 108 Event Days 81 81 63 22,816 25,034 25,535 26,046 21.3'18 2863% Paid Attendance 28.818 26,597 24,256 63% 63% 63% 8 Capacity Sold 54% 54% 63% $350,234 $391,970 $407,805 281 $424,281 5458,8559 9 $496, 7 Grass Box Office $431,791 $465,613 $365.036 $16 2% $16 2% $16 3% $17 3% $17 21 Average Ticket Pdce $15 $18 $15 2% $15 $22,050 2% $24,678 $25,675 $26,712 528,889 $3 53 43 Rent Paid $96.122 $74,137 $53,842 5139 $1.75 -45% $0.96 25% $1.21 2% $3.23 0% $1.35 3% ary lnceme per apita $0.98 20.98 $0.96 $0.80 $40,000 $24,139 $30,777 $32,020 536,984 &39,998 Ancillary Income $2 $2 $0.96 $19,495 154 192 155 145 145 145 145 145 73 73 73 73 Scrcening5 Event Drys 154 192 155 145 145 145 6,564 6,5 3,282 3,282 Paid Attendance 7,254 9,746 6,676 7,294 6,564 9% 9% 9% 9% 9% Capacity Sold 9% 10% 10% 30% $63,000 $63,000 $64,260 $65,545 45 $33, 56 $34, Gross Box Office $54,275 $82,326 $56,522 $10 2% $10 2% $10 3% $10 $10 3% Ell $ 11 Average Ticket Pdce 27 $8 $8 $9 $5,000 $5.100 $5,202 $5,306 $2,733 $2,815 Rent Paid $7,990 $11,504 $7,965 25% 5% 1G% 3% $0.56 ary In c omepe lnrome $5,000 -45% $12,406 $3.094 $3,248 $1,787 $1840 $13,129 $171765 $11977 9 20 20 20 PO 20 20 20 Performances 18 23 20 20 20 20 20 Event Days 18 9 0 0 0 0 0 0 Attendance 3,680 1,991 5 0 0 0 0 0 Gross Box Office $0 $0 26.040 040 0 0 0 0 0 0 Rem Paid $2,103 $0 $682 0 $0 $0 $0 $0 $O EO Ancillary Income $1,697 $10 ($1.862) 21 20 20 20 20 20 20 Event Days 23 21 70 70 70 70 70 70 70 Total Use Days 70 70 2,515 2,515 2,515 2,515 2,515 2,515 Attendance 7,088 2,644 1, 942 25% 25% 25% 25% 25% 25% Average Capacity Sold 61% 25% 18% $7,300 $7,300 $7,300 $7,300 27,300 $7,300 Rent Paid $7,655 $7.289 $8628 $2,000 $2,000 $2,000 $2,000 $2,000 $2.000 Ancillary Income $2,387 $3,230 $1,526 337 367 337 317 330 332 333 271 315 282 330 amiances /Screenings 330 330 330 330 330 Event Days 330 330 43,288 45,972 46,872 47,802 47,865 51,673 Attendance 55,105 49,900 50,565 H -1 Services, Inc. Wheeler Opera House and Expansion Pro —forma Operating Budget Millet FY2007 %Change FY2D08 %Change FY2009 %Change FY2010 %Change FY2011 %Change FY2012 %Change FY2013 %Change FY 2014 %Change FY2015 Perfa mances Event Days 14 13 Rehearsal /Prep Days 10 12 Total Use Days 2 2 Paid Attendance 12 14 Capacity Sold 2,450 2,178 Wheeler Box Office 70% 67% Average Ticket Pdce $66,150 560,556 ary Income per Capita $27.00 3% $27.81 Ancillary Income $3 3% $1.29 Rent Collected $3,0606 3 $2,804 0 0 Screenings Event Days 16 1g Rehearsal /Prep Days 8 9 Total Use Days p 0 Paid Attentlance g 9 Capacity Sold 2,000 2,025 Wheeler Box ice 50% 45% Average ticket Pdce $24,000 $25,029 ary Income per Capita $12.00 3% $12.36 Ancillaryincome $1.50 3% $1.55 Rent Collected $3,000 $3,129 0 0 Performances Event Days 40 44 Rehearsal /Prep Days 36 40 Total Use Days 36 40 Paid Attendance - 72 80 Capacity Sold 51500 6,050 Gross BOx OfRce 55% 55% Average Ticket Price $148,500 $168,251 an Income per Capita $27.00 3% $27.81 Ancillary Income $2.00 3% $2.D6 Event Day Rental Rate $11,000 $12,463 Prep Day Rental Rate $SDO 3% $515 Rent Collected $250 3% $258 $27.000 $30,900 Performances Event Days 20 22 Rehearsal /Prep Days IB 20 Total Use Days 9 10 Paid Attendance 27 30 Capacdy Sold 2,500 2,750 Gross Box Office 50% 50% Average Ticket Pdce $75,000 $84,975 ary Income per Capita $30.00 3% $30.90 Ancillary Income $2 3% 52.06 Event Day Rental Rate 55,00DO 0 S5,665 Prep Day Rental Rate $1,000 3% $1,030 Reid Collected $500 3% $515 $22,500 $25,750 ormances /Screenings Use Days 90 97 Attendance 119 133 12,450 13,003 Services, Inc. H -2 dget heeler Opera House New Theater ngfees Wheeler Opera House and Expansion Pro -forma Operating Budget FY2007 %Change FY2008 %Change FY2009 %Change P/2010 %Change FY2011 %Change FY2012 %Change FY2013 %Change FY2014 %Change FY2015 10% 301447 12% 337952 5% 355,096 5% 373,321 18% 442,239 19% 526,256 'heeler Opera House New Theater M Monier Opera House New Theater Vheeler Opera House New Theater Vheeler Opera NOUN New Theater Services, Inc. 295,755 -23% 229,002 46% 334,507 66,150 -8% 60.556 126,547 8,005 50,500 154,825 11,504 46,882 149,727 7,965 50,474 146,000 5,000 53,000 158,723 5,100 55,276 165,250 5,202 57,663 172,089 5,306 61,205 224,030 2,733 90.896 248,158 2,815 103,732 52,021 30,017 24,397 29,350 37,078 38.177 39,318 9 56,650 6,893 48,665 16,951 900 1,419,851 12,326 55,622 30,505 1,190,213 4,327 38,126 9,882 816,258 2,000 39,730 5,000 10,000 556,980 2% 2,595 51,909 5,100 15,000 257,883 2% 2,672 53,447 1 5 ' 2 410,000 2% 2,752 55.045 5,30 468,000 3% 6,190 123,790 15,000 204,000 3% 6,861 137,211 15,000 102,000 2,026,088 -13% 1,780,896 -18% 1,435,663 -20% 1 -19% 926,615 20% 1,101,710 8% 1,197,341 6% 1,268,914 3% 1,306,226 590,433 25% 735,401 -6% 693.451 2% 705,120 2% 719,222 2% 733,607 2% 748,279 10% 823,107 3% 847,800 171,957 7% 184,470 5% 193,816 9% 211,660 259,407 269,238 277 3 10,125 47,600 3 46,707 54,796 339,449 368,629 437,401 432,440 441,089 449,911 458,909 212,704 219,085 519,458 -5% 491,485 25% 614,069 39% 856.350 469,835 493,669 519,006 90 5 85,585 238,414 12,393 42 239,720 2,154,347 8% 5% 9% 257,464 16,665 39 251_950 2,345,302 20% 0% 9% 309,987 17,345 47,688 251,050 2,564,805 10% 37% 15% 340,220 17,250 51,030 344, _990 2,959,060 2% 2% -9% 368,541 21,192 52,051 3 890 2,683,626 2% 2% 3% 383.271 22,438 53,092 358_928 2,764,153 2% 2% 3% 398,692 23,108 54,153 36_6_106 2,845,932 30% 3% 23% 518,146 51,968 59,569 377_, 3,493,822 3% 3% 6% 572,273 57,603 61,356 388,402 3,6911 (128,259) 356% (584,406) 93% (1,129,142) 60% (1,810.553) -3% (1,757,211) -6% (1.656,443) 0% (1.648,590) 35% (2,224,908) 8% (2,393,120) 212,182 (365,380) (7,988) 5% 219,028 (385,100) (3,605) 4% 185,419 (400,000) (1,215) -11% 188,000 (355,000) (5,000) �3% 2% 92,711 (345,000) 0 16% 2% 189,129 (400.000) 0 0% 2% 192,912 (400,000) (5,000) 0% 3% 198,699 (400.000) (5,150) 0% 3% 204,660 (400,000) (5,305) (289,445) (754,083) (1.344.938) (1,982,553) (2,009,501) (1,867,313) (1,860,678) (2,431,358) (2,593.764) 94% 75% 56% 39% 35% 40% 42% 36% 35% H -3 Wheeler Opera House and Expansion Pro -forma Operating Budget 3udga FY 2007 %Change FY2008 %Change FY2009 %Change FY2010 %Change FY2011 % Change FY2012 %Change FY2013 % Change FY 2014 %Change FY2015 2% 2% 2% 2% 2% 3% 3% 503 25,000 503 25,000 503 25,000 503 25,000 503 25,000 503 25,000 503 25,000 503 25.000 503 25,000 250 250 15,000 15,000 sing Fees 44,030 $2.87 45,265 $3.42 43,158 $3.47 40,773 $3.58 2% 43,457 $3.65 2% 44,357 $3.73 2% 45,287 $3.80 2% 57,800 $3.88 3% 62,160 $3.99 em Paid per screening $51.88 $59.92 $51.39 $34.48 2% $35.17 2% $35.88 2% $36.59 3% $37.69 3% 138.82 tuns Cage of Rent Collected 13.25% 41.06% 17.74% 6.81% 7.00% 7.00% 7.00% 7.00% 7.00% e5 tage of Rent Collected 93.55% 185.30% 156.27% 135.37% 140.00% 140.00% 140.00% 140.00% 140.00% rage Principal Amount derage Rate of Realm $19,903.765 7% $24,236,710 5% $26,318,380 3% $27,897,005 2% $25,788,260 1% $20,500,000 2% $15.600,000 3% $6,800,000 3% $3,400,000 3% MFdays) Wheeler Opera House New Theater $1,354 $1,550 $1,502 $1,641 2% $1,674 2% $1,707 2% $1,741 3% $1,793 3% $1,847 $400 3% $412 Wheeler Opera House New Theater $13.58 $14.75 $17.50 $17.30 2% $17.64 2% $18.00 2% $18.36 3% $18.91 3% $19.47 $14.18 $14.61 (presenting and co Production) Wheeler Opera House New Theater 177% 213% 139% 139% 139% 139% 139% 120% 110% 100% 100% $4.33 $5.16 $6.13 $7.86 2% $8.02 2% $8.18 2% $8.34 3% $8.59 3% $8.85 mire 24% 56% 71% 59% 59% 59% 59% 59% 59% stage of Leased Space Ise Rate /Square Foot 2,850 $74.45 2,850 $76.85 2,850 $65.06 2,850 $65.06 2,850 $65.06 2% 2,850 $66.36 2% 2,850 $67.69 3% 2,850 $69.72 3% 2,850 $71.81 $[4BQ FT20f0 FY2021 Bodo Fon=d FY20fY FY2013 Rrxetzrt FbL 4 FY.2014 FY2015 Novelist FraeCee< FV2016 Ftxamt nmances /Screenings Use Days Attendance 317 330 43,298 330 330 45,972 332 330 46,872 333 330 47,802 271 315 47,865 282 330 51,673 290 346 55,320 +manes /Screenings Use Days Attendance - - - - - - - - - - - 90 119 12,450 97 133 13,003 104 141 14,205 Earned Income Operating Fapenses Operating Result "ending Requirement $1,148,507 $2,959,060 ($1,810,553) ($1,982,553) $926,615 $2,683,826 ($1,757,211) ($2,009,501) $1,107,710 $2,764,153 ($1,656,443) ($1,867,313) $1,197,341 $2,845,932 ($1,648,590) ($1,860,678) $1,268,914 $3,493,822 ($2,224,908) ($2,431,358) $1,306,226 $3,699,346 ($2,393,120) ($2,593,764) $1,440,149 $3,916,071 ($2,475,923) ($2,670,586) ervices, Inc. H-4