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Old Heat Capital <br />Gampaign & <br />Gonstruction <br />Timeline <br />6 OLD HEAT REPORT oLD HEAT REPoRT | 7 <br />the building's progEmming must reflect its €pital investment. Workforce training <br />partnerehips, industry collaboration, entrepreneurship progEmming, cullural events, and <br />community gatherings should all align with the e@nomic development narEtive that <br />underpins lhe campaign. <br />The €pital stack thus rises in intentional layers. Public infrastructure tools provide <br />structu€l stability. CorpoEte anchor investmenl delivers transformational momentum. <br />Major sponsors activate speciflc spaces. Community philanthropy builds broad omeEhip. <br />Each layer strengthens the one above it. Each layer depends on the credibility of the one <br />beneath it. <br />This strategy reducs risk by distributing responsibility. lt builds confidence by sequencing <br />commitments. lt creates momentum through visible milestones. And it reflects the <br />collaborative spirit necessary to bring a historic industrial structure into a new e€ of <br />relevance- <br />The Old Heat Building's rebirth will not be measured solely in square footage renovated <br />or dollars raised. lt will be measured in partnerships formed, industries engaged, students <br />inspired, and communities gathered. lt will stand as visible proof that when a Univereity <br />@mmits to stewardship and invites its region to invest alongside it, transfomation is not <br />only possibleit is inevitable. <br />Below is a delailed narative of a 24-month implementation timeline beginning June 2026 <br />and running through May 2028, aligned directly with the enriched €pital stacking narrative <br />and campaign execution structure. <br />This assumes; <br />The UniveGity owns the building <br />A University-affiliated 501(cX3) foundation is formed to lead the €mpaign <br />Construction and fundraising move in coordinated phases <br />Public infrastructure commitments are pursued in parallel with private fundraising <br />PHASE {: GAMPAIGN <br />PUBLIC FOUNDATION <br />JUNE 2026 - NOVEMBER 2026 (MONTHS <br />1-6) <br />This first six-month period establishes the <br />structural and financial foundation of the <br />campaign. <br />JUNE - JULY 2026 <br />The University formally designates <br />or establishes the affiliated 501(cX3) <br />foundation dedi€ted to the Old Heat <br />Building campaign. Articles of incorporation <br />are finalized, bylaws adopted, and a <br />development agreement executed between <br />the UniveGity and the foundation defining <br />roles, ownership, and authority. <br />A Campaign Cabinet is recruited, <br />composed of:. Univesity leadeGhip. Corporate execulives. Civic and philanthropic leaders. E@nomic development stakeholders <br />Simultaneously, ihe University fi nalizes:. Confirmed construction scopes. Refined total prcject budget (with <br />contingency). Naming rights matrix. Sponsorehip levels and re@gnition <br />policies <br />AUGUST - SEPTEMBER 2026 <br />Public infrastructure strategy is activated. <br />The University and campaign <br />leadership:. lnjtiate state €pital budgel <br />conversations. Explore CERB eligibility and begin <br />application preparation if appropriate. Evaluate historic ta credit eligibility. Assess bond participation and debt <br />structure if needed <br />Analyze PACE or other energy financing <br />tools <br />During this period, messaging materials <br />are developed:. Case statement document. Corporate anchor prospectus. Naming opportunities brochure. Economic impact summary. l\,4aster plan integration narEtive <br />OCTOBER - NOVEMBER 2026 <br />Campaign transitions into quiet phase <br />preparation. <br />Top 10-15 major prospects are <br />identified:. Corporate anchor candidate(s). lndustry-alignedpartneF. l/ajor philanthropic families. Regional foundations <br />Prospect cultivation meetings begin quietly <br />and confidentially. <br />Phase 1: <br />Campaign <br />lnfrastructure & <br />Public Foundation