Lara Jakubowski, Nonprofit Centers Network Nicholas Koncilja, St. Charles Town Company Bill Mague, Artspace Projects Inc. Aaron Miripol, Urban Land Conservancy

1. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org
Shared Spaces
Shared Benefits
ULI Housing Opportunity 2014:
Healthy Housing, Healthy Places
May 16, 2014

2. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 2
Speakers
• Lara Jakubowski (Moderator)
Capacity Building Manager, Nonprofit Centers Network
• Aaron Miripol
President & CEO, Urban Land Conservancy
• Bill Mague
Vice President, Asset Management, Artspace Projects

3. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 3
Introductions
• Name, organization, location
• What do you want to walk out of here
knowing more about?

4. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 4
Who We Are
Nonprofit Centers Network: The premiere learning community
for shared nonprofit space and services in North America.
www.nonprofitcenters.org

5. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 5
About the Nonprofit Centers Network
Mission:
To increase the capacity & effectiveness of the nonprofit sector by
supporting the development of multi-tenant nonprofit centers and other
quality nonprofit workspace.
• 170 members in the U.S. and Canada, 350 overall
• $195+ million in annual revenues
• 4,200+ tenant organizations
• 36,600+ staff in shared spaces

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Anything can be shared

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About Nonprofit Centers
• Service Centers
• Theme Centers
• Multi-Sector Centers
Multi-sector
Centers
34%
Service
Centers
32%
Theme Centers
34%

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Who Develops Nonprofit Centers?
Measuring Collaborations: The Benefits and Impacts of Nonprofit Centers, The Nonprofit Centers Network, 2011

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Benefits and Impacts by Center Type
Sub-types Center Benefits &
Impacts
Multi-Sector Centers
Strong market communities
Rent savings
Quality space
Location
Weak market communities
Quality space
Community spaces
Community infrastructure
Theme Centers
Arts
Environmental
Faith-based
Specialized spaces and
amenities
Work synergies
Incubators
Organizational capacity
Networking
Services Centers
General
Specialized: Youth, seniors,
people with disabilities
Improved service delivery
Community infrastructure

10. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 10
Mission Informed Business Models
Provide free
rent for spaces
Subsidize rent
for spaces
Charge to cover
expenses
Charge market
rates rents
Break-even
Revenue Spectrum
Mission-related Profitability

11. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 11
NCN’s Resources Work – Join Us!
Organizations who access NCN resources had a significant increase in:
• Organizational efficiency and effectiveness
• Collaboration
• Governance
• Financial sustainability
• Cost savings
• Operations
• Project planning
Those who use NCN’s resources are 25% more likely to achieve
costs saving outcomes than their peers who did not.

12. © 2014 The Nonprofit Centers Network www.nonprofitcenters.org 12
Online Resources

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Contact Information
Lara Jakubowski
Capacity Building Manager
Nonprofit Centers Network
1536 Wynkoop Street, Denver 80202
720.836.1187
lara@nonprofitcenters.org

14. Shared Spaces Shared Benefits

15. Urban Land Conservancy (ULC)
501(c)(3) nonprofit, supporting organization to the Denver Community Foundation.
 Mission: To acquire, develop, and strengthen neighborhoods through preservation of key areas of
influence to ensure their continued public benefit in Metro Denver
 Invested over $40 million in 19 real estate assets, including schools, affordable housing and Nonprofit
Shared Space. Leverages over $200M, serving over 10,000 low and moderate income people
700 full and part-time jobs are supported by ULC real estate investments
Acquire strategic sites in anticipation of market changes through land banking along transit corridors
Uses a 99 year land lease with partners to ensure permanent stewardship of the improvements.

16. ULC Investments

17. Purchased seven years ago, this former vacant building, the Tramway Nonprofit Center,
occupies a full city block and currently houses 15 nonprofits. DOSP and ULC first came
together on the renovations of the property in 2008. ULC also has first right on Wyatt Charter
school, an 1880s historic building across the street that serves 600 children.
Urban Land Conservancy’s
Tramway Nonprofit Center &
Wyatt Academy Charter School
Learning about Shared Space through Real
Estate Acquisitions

18. Currently under development, ULC served as the master
developer, partnering with the City of Denver and Del Norte
Housing (nonprofit developer) to build:
• New Westside Public Library (27K sq. ft.)
• Residential mixed use: 80 units of workforce housing +
10k sq. ft. of community space
• Commercial building CLT: 20k sq. ft. along Colfax Av
Total acquisition, brown field remediation and
infrastructure : $5.25M = $52 sq. ft.
Development Costs:
• Library: $12 million
• Mixed Use/Shared Space: $17M
• Commercial: $3.5 million
• Total: $32.5 million
Jobs Created:
• 125 temporary (construction)
• 65 permanent
• Total Cost: $37.75M
Housing Developed
by Del Norte
Denver Public Library
Shared Space Opportunities at Mile High Vista
Up to 25k sq.ft. of Nonprofit Shared Space

19. Holly Square: Shared Space though Equitable
Redevelopment
• In 2009 ULC purchased and completed the
demolition of this fire bombed former
shopping center on 2.6 acres
• With support of The Denver Foundation’s
Strengthening Neighborhoods Program,
residents and stake holders of northeast
Park Hill coalesced into a community-wide
group called the Holly Area Redevelopment
Project (HARP), to determine how best the
site should be redeveloped equitably.
• Equitable redevelopment came with the
completion of the new Boys & Girls Club
Center, under a 99 year ground lease with
ULC 
• Tenants in the nonprofit shared space at
the Boys & Girls Club are: Impact
Empowerment Group, Mi Casa and HARP

20. Shared Space for Preschools and Nonprofits
Purchased in January 2012 in partnership with the City, this vacant
community center in the middle of Curtis Park was renovated to
create the new Family Star Montessori School (above). The long
term plan is for ULC to sell the improvements back to the school and
continue to be the steward of the land for the next 198 years
ULC also renovated the adjacent historic administrative building to
create the Curtis Park Nonprofit Center that houses the
administration of Family Star as well as 6 other nonprofits. (right)
Acquisition: $640K = $36sq.ft.
Renovation: $1.1M= $61 sq. ft.
Total: $1.75M = $97 sq. ft.

21. Denver Shared Space Project
Nationally recognized,
public-private partnership
that promotes best
practices in the creation
and operation of shared
space centers in Denver.
Create or grow five multi-
tenant nonprofit centers
Offer targeted resources and
information
Streamline City and
community resources
Create a formal network of
centers
Affordability
Stability
Intentional
Collaboration
Environmental
Sustainability

22. Impact of Shared Space

23. Have It In Place Give It Some Thought
• Champions in all sectors
• Diversity of expertise
• Enjoy work together
• Bold vision
• Asset/need mapping
• Articulate varied benefits
• Capitalize on growth
• Funding options
Evolution of Shared Space

24. Example of TOD Shared Space:
Evans Station Lofts
• ULC’s first full cycle TOD joint
development, where we
purchased the land for $1M
=($23 sq. ft.) and held it until
our development partner
received their Tax Credits
• 50 affordable apartments
• 8,000 sq.ft. of commercial
space, housing 2 nonprofits –
Kim Robards Dance Troupe
(right), a Cop Shop, and a
third entity TBD.

25. Thank you!
www.denversharedspaces.org
Aaron Miripol
Urban Land Conservancy
303-377-4477
aaron@urbanlandc.org
www.urbanlandc.org

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Questions?

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