Factors to Consider for Lodging

Green Roof Technology
Independent Movie Theater
Green roof technology is a relatively new advancement that consists of an
installation of a layer of vegetation placed over a waterproof system
An independent movie theater is a theater not owned or operated by a franchise,
giving the owner more control over the business and a bigger share of the profits.
Benefits to a Green Roof System
Factors to Consider in Planning Stage
•
Keep storm water and sediments from
entering sewage system and river
•
Prolong life of the structure of the mill
• Weight capacity of roof in current condition
• What type of roofing
system
• Especially important to
consider for older buildings
•
Help reduce cost of heating and cooling
systems
•
Garden provides space for food and
gardening related workshops
•
Community and recreational space for
outdoor festivals and events
•
Increased use and interaction of mill
and surrounding area by community
• Estimated Start-Up Cost:
• $10 per square foot for
simpler extensive roofing
• $25 per square food for
intensive roofing
• Estimated Annual Maintenance Cost
• $.75-$1.50 per square foot
for both roof types
Benefits to an Independent Movie Theater
•
•
•
High demand for theater, closest one is 30
minutes away
Not operated by franchise. Can control:
• price of tickets,
• which films to show based
on box office stats
• what events to host, like
double features
Location inside mill will also draw customers
to the Mill St. Café
• Dinner and a movie, possible
discounts to draw in traffic
• Movie snacks from café
Factors to Consider in Planning Stage
• Need to prove to loan officer/funders that
business is profitable in a small town
• As an independent theater, owners will
have to secure screening rights themselves
• Evaluate local market, must research:
• local film preferences
• desires and dislikes
• Must obtain a theater license. Most cities or
municipalities have a licensing office that
handles business licenses.
Lodgings in the Otis Mill
Community Gym
Lodgings in the Otis Mill would most likely be a small inn or hostel in Areas K and L
in Storehouse #1.
A community gym would offer a space for the residents of Jay to exercise with a
view and access to the river.
Why Lodging Would Be in Demand
Factors to Consider for Lodging
•
Renovation of mills into residencies and
hotels have been successful in the past
•
Many mill renovations needed outside
funding from government or foundations
• Would be in demand, as the closest gym of
this type is about 24 miles away
•
Currently no lodging options less than 16
miles away from Jay
•
No studies/surveys for lodging demand
specifically in Jay have been made
• Otis will need a place for visitors to stay
when Banquet Hall for events (e.g.
weddings ) is built
•
Profit return on Mill relies greatly on
traffic the banquet draws, risky to put all
of capital into one project area
• Brings the community together for
educational purposes such as
• Swimming classes
• Aerobic exercise lessons
• Healthy eating seminars
• Pool parties
• Overnight visits to Mountains and Lakes
Region focus on outdoor activities Jay has
• Trail systems for hiking and
snowmobiling like the
Whistle Stop trail
• Access to Androscoggin
• Skiing at Spruce Mountain
•
Tourism in Jay may not increase with a
hotel being implemented into Mill if
marketing is not successful
•
Further research into subject is needed,
should wait for banquet plans to unfold
Factors to Consider to Create Gym
Benefits to a Community Gym
• Gyms have a high precedent potential to
attract all types of people and gyms can be
used by all age groups of people
•
Community gym will cost approximately
$8,972.65 per 100 square feet to construct
• Will cost approximately $238.67 per 100
square feet to set up different technology
features in the gym,
• such as lighting;
• sound equipment;
• heating
• plumbing
• electricity
• The operational and construction costs are
likely to exceed a feasible budget
•
High costs translates to residents being
responsible for an annual gym
membership