CONCEPTUAL SITE PLAN & RENDERINGS

BASEMENT PLAN

The basement will house the Rathskeller Pub, restrooms, mini storage, dressing rooms and storage for performances, and the mechanicals. The Rathskeller, which will be leased to a commercial tenant, is highlighted on the following page. Mini storage will be managed by the Armory Community Project and leased to the general public. Both represent part of The Armory Community Project’s cost recovery plan and income generating potential.

THE RED ARROW PUB

The Pub will be leased to a for-profit entity. The ideal tenant will provide a quality, casual sports bar experience with a full menu. It will feature sporting memorabilia significant to the building on loan from the Sheboygan County Historical Society. It will offer seasonal outdoor patio seating. Patrons will enjoy a beer garden atmosphere with relaxed yard games adjacent to the patio on the front lawn, bringing nightlife to the lakefront. During large entertainment events, the Red Arrow will cater to those who want something beyond typical concession food and beverage options.

MINI STORAGE

The Mini Storage area will be managed by The Armory Community Project as part of its income generating plan. There will be 28 units in seven different sizes, starting at 60 square feet and progressively increasing up to 400 square feet. The Mini Storage areas will be protected with security systems and entrance by passcode as well as security cameras. The units will be constructed of non-combustible materials with 13’ high ceilings and will have smoke and fire sensors, fire sprinklers, and electricity. This operation will be well positioned as the closest storage facility for those residing in the Ellis District, the planned multi-family development to the west, and other upcoming multi-family developments to the south and two blocks to the west of the site.


FIRST FLOOR PLAN

The first floor will feature a large flexible events hall and performance stage for corporate, dining, entertainment, recreation, and community events surrounded by collaborative, shared, recreational and commercial accelerator spaces. The hall, kitchen, and breakout/incubator rooms are highlighted on the following pages. All will be leased to the public and are indicative of The Armory Community Project’s income generating potential and self-sustainability.

ARMORY HALL WILL CREATE A COMPETITIVE EDGE IN SHEBOYGAN BY BECOMING A ONE STOP SHOP FOR ALL-INCLUSIVE EVENTS.

ARMORY HALL

The Armory will offer a top-notch event experience with regular, high-quality, evening experiences as an entertainment hot spot for those searching for something to do that may otherwise travel to other cities for such enjoyment.

Armory Hall fills a void in the community not currently being met by other local venues. It offers a large space with breakout rooms for corporate events. It has a large capacity to host dining and entertainment events. It will host a multitude of recreational events, and it will do all of this in an accessible and affordable manner for all businesses, community members, and organizations.

The Armory Community Project will seek to utilize the event hall daily, with a variety of routine activities that occur weekdays during the day, Monday through Thursday evenings, Friday evenings, Saturday during the day, Saturday evenings, and Sundays. Programming and management of the space will be by The Armory staff.

CULINARY INCUBATOR

SHARED-USE COMMUNITY COMMERCIAL KITCHENS ARE A WIN-WIN FOR OUR LOCAL COMMUNITIES.

In addition to use by The Armory Community Project Organization for event catering and the Corridor Café for food preparation, the Commercial Kitchen will serve as a culinary incubator in which culinary entrepreneurs can rent the space to commercially produce wholesale or retail food products. It will connect current culinary workforce development activities to small business development. This program will be a boon to both the entrepreneurial and culinary culture of Sheboygan.

A shared-use community commercial kitchen can be a key piece in building economic opportunity, environmental sustainability, and community health. It can also play a critical role in developing a healthy, safe, and secure local food supply on an ongoing basis and during times of crisis.


SECOND FLOOR PLAN

The second floor will feature the Corridor Café, restrooms, storage, event concessions, and The Armory Community Project offices. The Corridor Café is highlighted on the following page. It will be leased to a commercial tenant as part of The Armory Community Project’s cost recovery plan.

REFRESHMENTS AND RECREATION AT THE NEXUS OF SHEBOYGAN’S RIVERWALK AND LAKEFRONT

CORRIDOR CAFÉ

The Cafe will be rented out to a for-profit entity. The ideal tenant will provide a full-service restaurant with coffeehouse and dessert bar. The Cafe will feature great views of both the events arena as well as Sheboygan’s beautiful waterfront. It will offer seasonal outdoor patio seating. Patrons will enjoy relaxed yard games adjacent to the patio on the front lawn, bringing life to the lakefront.

The Café will provide a sophisticated, yet casual dining and coffeehouse experience. The Cafe will feature a full menu of moderately priced foods, salads, soups, sandwiches, tea and coffee-based drinks, desserts and pastries, and kid-friendly options influenced by local cooking traditions and time-honored recipes. The Cafe will provide a full-service dine-in and carry-out and will also contain a full-service bar. It will be an affordable venture for patrons, one that will encourage them to return on many occasions.

The Café will be open seven days a week to serve the public as well as tenants and visitors to the building. During large entertainment events, The Café will cater to those who want something beyond typical concessions food and limited beverage options with views overlooking The Armory Hall.

DESIGN & CONSTRUCTION TEAM

The design and construction team currently consists of the staff of several local businesses, including Legacy Architecture, Inc.Jos. Schmitt Construction, and Quasius Construction, as well as, Madison-based, New Market Tax Credit specialist Jon Beck. In the future, the team will be expanded with suppliers and structural, civil, fire protection, plumbing, mechanical, and electrical engineers and/or design-build contractors. Except for the structural engineer and some specialty suppliers, all the other specialties will be hand selected from local businesses who have worked together on numerous occasions and have a proven track record of being able to quickly rehabilitate historic buildings.

Historic preservation is extremely labor intensive. As a rough rule of thumb, half of new construction expenditures go for labor and half for materials. In a typical historic preservation project, between 60 and 70 percent of the total cost goes toward labor. This has a very practical effect on the local economy. Labor – carpenters, electricians, plumbers, sheet metal workers, painters – is nearly always hired locally. Those individuals, in turn, spend their wages locally – at the barbershop, the restaurant, the auto dealer, and at the City of Sheboygan where they pay their taxes – further expanding The Armory Community Project’s taxable value and economic impact.

FINANCIAL CONSIDERATIONS

PROJECT CONSTRUCTION BUDGET

General Requirements / General Conditions $370,700
Concrete$195,700
Masonry$90,000
Metals$111,500
Wood, Plastics, Composites$142,300
Thermal & Moisture Protection$410,400
Openings$430,000
Finishes$553,700
Specialties$230,100
Equipment$968,600
Furnishings$40,800
Conveying Equipment$136,500
Fire Supression$163,800
Plumbing$446,300
Heating, Ventilating & Air Conditioning$1,733,400
Electrical/Communications/Security$601,600
Earthwork/Exterior Improvements/Utilities$283,700
Construction Subtotal$6,909,100
Construction & Design Contingency (10%)$690,900
Architectural & Engineering Fees$250,000
Tax Credit Consulting Fees$100,000
Miscellaneous Costs$50,000
Total Construction Budget$8,000,000

SOURCES & USES

SOURCES

State Historic Tax Credit$1,415,000
Federal Historic Tax Credit$1,415,000
Federal New Market Tax Credit$1,550,000
Naming Rights Opportunities$4,148,000
Grants & Tax-Deductible Contributions$572,000
Total Sources$9,100,000

USES

Construction Budget$8,000,000
Endowment Fund$1,000,000
Starting Capital$100,000
Total Uses$9,100,000