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Old Heat Gapital
<br />Stacking Structure
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<br />OLD HEAI CAP]IAL STACIOI{G SIRUCTURE
<br />CERB, Public hffiucturo t6lr
<br />Hlrtorlc Tar Credlt' I P.an I 02
<br />Corpont AnchorlNcatnar(
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<br />Comunlty PhlanttFpy
<br />The €pital stack begins with public infrastructure investment. As a University{wned
<br />asset, the Old Heat Building qualifies for state and federal €pital tools that can
<br />stabilize and de-risk the prcject. State capital appropriations, e@nomic development
<br />grants, potential CERB participation, historic preservation incntives, energy financing
<br />mechanisms such as PACE, and other infraslructure resources form the foundational
<br />layer oi lhe stack, These investments are €talytic rather than charitable. They address
<br />code compliance, structuEl stabilization, preservation of historic elements, and essential
<br />life-safety improvements. Public dollars signal seriousness and institutional commitment.
<br />They provide the structu€l base upon which private investment €n mnfidently build.
<br />Securing this public layer is the fict execution step in the €mpaign. During the pre-
<br />€mpaign phase, the University and its afiiliated €mpaign entity will finalize the full
<br />prcject budget, confim scope definitions, assess historic tax credit eligibility, evaluate
<br />bond participation where appropriate, and initiate €pital budget convereations with
<br />legislative partne6. By establishing this foundation early, the €mpaign reduces
<br />perceived risk and creates momentum before entering the private fundraising phase.
<br />With the infrastructure base in place, the campaign will seek a transformative corporate
<br />anchor partnen This is not sponsorehip in the traditional sense; it is leadership
<br />investment. A regional or national @rporation aligned wilh innovation, workforce
<br />developmenl, research partnerships, or sustainability will be invited to serve as the
<br />founding partner of the Old Heat Building. Rather than a single one-time gift, the
<br />€mpaign willstructure this commitrnent as a multi-year underuriting pledge, potentially
<br />over five yeare, with an accelerated initial contribution to support early construction
<br />needs. This structure mirors successful corporate undeMiting models used in
<br />6mparable prcjects, where eady €pital infusion supports construction timelines while
<br />establishing a du€ble, long-term partneEhip.
<br />The corporate anchor will re@ive prominent naming rights, exterior visibility, interior
<br />recognition, and strategic alignment with the building's programming. More importantly,
<br />the partner will be positioned as a ceinvestor in regional talent development and
<br />innovation infrastructure. The narative presented to this partner will align with worKorce
<br />pipeline development, research collaboration opportunities, ESG commitments, green
<br />economy initiatives, and economic equity. The Old Heat Building will be positioned not
<br />merely as a venue, but as a platform for innovation and industry engagement.
<br />Above the anchor layer, major area sponsos will activate defined portions of the building.
<br />The mezanine €n become an innovation or research collaboration level undeMitten
<br />by a technology or engineering fim, The coal bin level can transform into a @llaborative
<br />event space bearing the name of a civic benefactor Training rooms in the annex €n
<br />align with workforce development partne6, Historic preservation elements, including
<br />restored architectural features, €n attract donors passionate about heritage stewardship.
<br />Exterior plazas and gathering spaes can reflect the leadership of corporations mmmitted
<br />to public engagement. Each signifi€nt gift compleles a dellned construction component
<br />and pemanently associates the donor with a physi€l space inside the building.
<br />The final layer of the capital stack is the community itself. Alumni, faculty, families, Io@l
<br />businesses, and regional residents will have opportunities to participate through foundeF
<br />r@gnition walls, brick or tile campaigns, small business sponsorships, and community
<br />fundraising events. These contributions, while smaller in s€le, are powerful in meaning.
<br />They transfom the building from a University prcject into a shared civic achievement.
<br />When the dooB open, the community will recognize its fingerprints in the masonry and its
<br />commitment in th€ walls-
<br />Old Heat Gapital
<br />Stacking Structure
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