Performing Art Center - 2006 Report-Funding, Construction Cost, Pricing, etc.4
The Regional Performing Center
Carmel, Indiana
®DAVID M. SCHWARZ/
RCIIIIECIt/RAL IERVICES. IK.
DESIGN DEVELOPMENT - SOUTH ELEVATION
The Regional Performing Arts Center is
planned as the greatest performance
venue in Indiana
Center's goals:
1. Serve as a regional cultural venue for Central
Indiana
2. Meet the facilities needs of local and regional arts
organizations
3. Create a unique facility that addresses currently
unmet space needs in the area
4. Meet world-class standards of acoustics and
performance quality
5. Provide economic benefits for the Indianapolis area
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The Performing Arts Center will include
2 main venues in 2 separate buildings
1. Concert Hall
• 1,600 seats
• Highest -quality
acoustics
• Will accommodate
wide range of
musical
performances
2. Multi -Purpose Drama
Theatre
• 500 seats
• Proscenium -style
auditorium
• Will accommodate
drama, dance, musical
performances
Regional Performing Arts Center
Concert Hall
■ 1,600 -seat dedicated concert hall
■ Designed by world-renowned architect, David M. Schwarz
■ Future home of Carmel Symphony, local groups, touring attractions
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Concert Hall is intended to rank with the
world's greatest music performance venues
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Vienna
Concertgebouw,
Amsterdam
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Center, Dallas Center, Lucerne, Switzerland
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The Concert Hall will be the first
purpose-built concert hall in Indiana
❑ A primary goal is the highest -quality
acoustics, ranking with the greatest concert
halls in the world. To achieve this goal, the
Concert Hall will include:
• A traditional "shoebox" shape, with high ceilings and
massive, sound -reflecting walls
• A "single room" design that places performers and audience
in the same space
• A canopy system above the performance platform that allows
•
variable (adjustable) acoustics
Surface detailing that creates sound reflections at different
frequencies, enhancing reverberance
• Audience seating behind the performance platform
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The Regional Performing Arts Center
will be a unique venue in the
Indianapolis area
o The 1,600 Seat Concert Hall will be one -of -a -kind
in Indianapolis - and Indiana. The Concert Hall
will be used for:
Large musical ensembles that require natural acoustics -
• Symphony orchestras
• Solo performers and small ensembles
• Choruses
Other music performances of all kinds -
• Full range of popular music
• Country & Western, R&B, jazz, instrumental and vocal
• School, college, university orchestras, bands, choruses
Natural acoustic and amplified events
o The location will have ample parking nearby.
The Center addresses performance
space needs of many Indianapolis and
Indiana organizations
❑ The Regional Performing Arts Center will be the
permanent home of a number of Indianapolis -based
community arts groups that currently perform in Tess
than suitable venues.
❑ Local programming will range from symphony concerts,
pops performances, country & western, vocal recitals,
dance and ballet, to children's theatre, family shows,
community theatre, and touring productions.
❑ As the community's "living room," the Center will host
major civic events, meetings, conferences, and
private events like weddings, family reunions.
❑ The Center will be the major cultural resource for
citizens and groups throughout Greater Indianapolis and
Central Indiana.
The first purpose-built venue in the
Indianapolis area for international
musical artists
❑ With the highest quality architectural design, performance
accommodations, and acoustics, the Center will also present top
regional, national, and international artists and ensembles.
❑ The Regional Performing Arts Center will become the
performance venue of choice for every major classical and
popular performing artist on the mid -America touring circuit.
Guest orchestras like the
New York Philharmonic,
Vienna Philharmonic, and
Boston Symphony
Orchestra
Touring solo artists like
singers Renee Fleming and
Liza Minnelli, cellist Yo -Yo
Ma, violinist Joshua Bell
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Carmel Performing Arts Center
Theater
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■ 500 -seat multi -use drama theater
✓ To be used by many local performing arts organizations
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The Drama Theatre will meet a variety
of needs
Architectural renderings, Pedcor
❑ The 500 -seat Multi-
purpose Theatre will
be used for:
• Drama theatre events
• Children's theatre
productions
Dance, ballet
performances
• Smaller musical groups
• Community groups
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Leading national and local consultants
have provided project planning and
design services
David M. Schwarz Architectural
Services, Washington, DC
Design Architect
Artec Consultants Inc, New York
Acoustics and Theatre Planning
Consultants
CSO, Indianapolis
Architect of Record
Shiel Sexton, Indianapolis
Construction Manager
Artec's Arts Resources International
division, New York
Project Feasibility Analysis
Marks Paneth Strategy Group, New
York
Financial Operating Analysis
Arts Consulting Group, Inc., New
York
Funding and Fund-raising Campaign
Counsel
Donnell Consultants, Inc., Tampa
Project Cost Consultants
H. Umbaugh & Company,
Indianapolis
Fiscal Advisors
Barnes & Thornburg, Indianapolis
Legal Advisors
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Architect David M. Schwarz has designed
the Concert Hall in classical architectural
style
DAVID M.4V WART!
DESIGN DEVELOPMENT • SOUTH ELEVATION
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The Concert Hall is modeled on Andrea Palladio's
Villa "La Rotonda," built in 1550 near Vicenza, Italy,
and still an architectural icon nearly 500 years later
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The Regional Performing Arts Center
will be funded through a public-private
partnership
❑ Financing of the Center's design and construction will be in the
form of a public-private partnership.
❑ The City of Carmel has taken the lead in issuing $80 million in
bonds payable from taxes from new commercial developments in
special Economic Development Districts.
❑ No residential taxes will be used in financing the Performing Arts
Center's design and construction or ongoing funding.
❑ To augment public funding, the Center will also seek private -
sector funding from corporations, foundations, and individuals,
both for basic project costs and building enhancements.
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Regional Performing Arts Center
Project Cost and Campaign Goal
Performing Arts Center Project Cost:
Construction Cost - Concert Hall, Drama Theatre (DD)*
FF&E, Fees, Other Expenses (25%)*
Total, Building Project Cost
Permanent Endowment Funds
Pre -Opening Expenses and Operations
Total Project Cost
Funding and Fund Raising:
$109,000,000
$27,300,000
$136,300,000
$10,000,000
$1,600,000
$147,900,000
City of Carmel Funding plus Interest on Bonds $90,000,000
CAMPAIGN GOAL $57,900,000
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The Arts Center's Funding and Fund-
raising Plan
A private sector fund-raising campaign will be
conducted to supplement public funds.
• Additional private resources will be used to complete and
enhance certain architectural and equipment elements
that have been eliminated, reduced, or deferred.
• Funds raised from private sources will also be used to create a
permanent Endowment Fund to support the Center's
ongoing annual operations and programming, and to maintain
affordable rental costs for local user groups.
• Privately raised funds will also cover the Center's campaign
costs and pre -opening expenses until permanent staff is in
place.
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The City of Carmel will own the Center.
A separate non-profit organization will
operate it.
The Carmel Performing
Arts Foundation, Inc., a
new 501(c) (3) organization,
will accept tax-deductible
annual fund and endowment
contributions.
CPAF will lease Center from
City for $1 for 99 years. The
City has no responsibility for
operating shortfalls.
The Foundation board of
directors hires the Center's
executive director, sets policy,
raises annual operating funds
and endowment.
A self-perpetuating board is
recruited from among civic,
business, philanthropic, and
government leaders.
City of Carmel
jLease-►
501(c)(3) Organization -
Carmel Performing Arts
Foundation, Inc.
1
Executive Director
J
1
Center Staff -
Operations, Marketing,
Development, Finance
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Spaces in the Performing Arts Center
are available as Named Gift
Opportunities
To name
A gift for construction of a minimum
of ... (suggested amount)
CONCERT HALL $25,000,000
DRAMA THEATRE 10,000,000
CONCERT HALL SPACES:
Orchestra Level Main Lobby 5,000,000
East Lobby and Grand Stair 5,000,000
West Lobby and Grand Stair 5,000,000
Founders' Room 2,500,000
Lounge / Green Room 2,000,000
Office Space 2,000,000
Conductor's Dressing Room 1,500,000
Center Box Office 1,250,000
Multi -Function Room 1,250,000
Box Seats (6) 1,200,000
Box Seats (4) 1,000,000
Performance Platform 1,000,000
Driveway and West Entry 1,000,000
A list of other Named Gift Opportunities is available upon request.
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Concert Hall Box Seats will have special
amenities
The Concert Hall in the Regional
Performing Arts Center will
include a number of prominently
located Box Seats at various
levels of the Auditorium.
Seats in Boxes will be loose
chairs, unlike the fixed seats
elsewhere throughout the Hall.
The Box Tier Level will include
individual anterooms for each
Box. The Founders Room is on
this level.
Box seats will also be located on
the Main Floor Level and First and
Second Balcony levels.
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Concert Hall Box Seats will have
permanent naming rights
The Carmel Performing Arts Foundation, Inc. will acknowledge a
certain number of gifts by naming Boxes in honor or in memory of
individual or institutional donors or their designees.
Permanent recognition of the Donor's name will be made at each
Box entrance. Recognition will be in perpetuity.
Donors of Box Seats will be offered advance notice of events and
the right of first refusal to purchase series subscriptions and
single tickets in their Box for events presented by The Carmel
Regional Performing Arts Center.
Pledge payments may be made over a three- or four-year period,
covering the Center's design and construction schedule, or longer if
the donor requires.
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Concert Hall Box Seats
Seats
per Box
Box Location
No. of
Boxes
Suggested
Gift
8 Seats
Box Tier Level
4
$1,500,000
6 Seats
Box Tier Level
16
1,250,000
6 seats
Main Floor Level -
Orchestra Parterre
4
1,000,000
4 Seats
Main Floor Level -
Orchestra Parterre
14
750,000
4 Seats
First Balcony Level
10
750,000
6 seats
Second Balcony
Level
10
600,000
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A Great Center for a Great Region
In future years, the Regional Performing Arts Center will make history as
Central Indiana's venue of choice for leading international performers,
local musicians and actors, supporting volunteers, students, schools, civic
groups, families, corporations, and individuals.
The Center will be widely recognized for the high quality of its
architectural design, acoustical excellence, and performance and
audience accommodations.
The Center will bring significant benefits for the entire region's quality of
life and lasting economic impact, helping to attract top-level
companies and their creative leaders and employees.
The Carmel Performing Arts Foundation now invites those individuals,
companies, and foundations that have the interest, capability, and
willingness to join in creating the Regional Performing Arts Center. In
so doing, they will be helping Central Indiana to make history - as one
the special places known to future generations for its outstanding
contributions to the arts.
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The Regional Performing Arts Center
Carmel, Indiana
Carmel Performing Arts Foundation, Inc.
Post Office Box 4284
Carmel, Indiana 46082-4284
T: 317.660.3378
F: 317.660.3374
E: info@carmelpac.org
W: www.carmelpac.org