At our current facility, 40% of our budget goes directly to pay rent. Our current building owners will redevelop our property in the next year and we need a stable place to be by then. By owning a new, larger facility, Sector67 will grow as a permanent Madison fixture. As a 501c3 tax-exempt/non-profit organization, owning our own property offers additional operational savings as we are exempt from property taxes. These savings and new space will lead to:
Growth: We will expand from our current 8,500 sq-ft into 12,000-19,200 sq-ft (funding dependent) The lot size of the new facility is almost 20,000 sq-ft
Improve our Technology & Equipment: Our new location will feature an industrial 3 phase power connection. This will enable an expansion into higher capacity tools with enhanced capabilities.
Substantially Improved Workspace: Owning our own facility will enable us to improve the build quality and finish of our workplace, creating a more productive and safe environment.
Increase Youth Served Through our Outreach Programs: Savings will allow us to hire staff for both member support and increased outreach into the community.
Sector67 has been searching for a property for the past 5 years. This location will fit our needs today and into the future.