Dance Mission Theater, 2205 Mission Street
Beleaguered by rising rent and lease instability, Dance Mission will move into 10,000 square feet of multipurpose studio with performing and office space. Cultural place keeping, an integral part of Mission Economic Development Association (MEDA) plan for neighborhood stabilization, has translated to Dance Mission finding a new permanent home.
The Dance Mission Theater is the second floor partner in a new six-story redevelopment project co-owned by MEDA and Mission Neighborhood Center.
The building located at 2020 Mission Street, will house 44 units of affordable housing through MEDA, expand childcare services for Mission Neighborhood Center, and provide space for studios and offices of Dance Mission Theater, a multicultural center for dance and dance related activities. The deal, which is still in preliminary negotiations will cost close to 44 Million dollars with an estimated completion date of 2022.
Common Ground is the Owner Representative for Dance Mission Theater in the pre-development stage of the project.
In an effort the tackle the lack of affordable housing and the diminishing nonprofit sector in the historic Mission District, this ground breaking project is an innovative model of cooperation and collaboration. It is also a collective response to what has felt like an assault on a community that has held affordable housing and arts as cornerstones of its thriving community.
The deal was closed on the structure at 2205 Mission which dates from 1924. It has been shuttered for many years and has had significant deferred maintenance. The plans call for salvaging the bottom two floors with six floors added. The design by Gelfend Architects will attest to no negative lighting or air effects on neighboring structures.
FULL SERVICE EXPERTISE
Common Ground is providing real estate development services as the of Owner’s Representative for Dance Mission's new studios commercial condo. The state of the art facility will represent an expansion of the Dance Mission Studio’s program. As such we offer the experience of bringing a project in on time and on budget, while avoiding pitfalls that might trap an inexperienced nonprofit executive director. The expertise of a nonprofit lies in community building and service, not usually the negotiation of multi-million dollar, multi-year real estate development deals.
This is where Common Ground fills the gap. We provide nonprofits with the support they need to complete the transaction. Specifically we,
manage the process of pre-development requirements from construction partners, planning department updates, or community outreach feedback
monitor and advise on fundraising opportunities outside capital campaigns
provide design coordination and project management for the interior studio space
Nonprofit buys decaying building at 18th and Mission, Mission Local, 2017
Building's new 'communal' model: homes for families, Mission Dance Company, San Francisco Chronicle, 2017