An Urban Farm?

ARTS & BUSINESS INCUBATOR INFORMATION

What is a business incubator?

A business incubator is an organization designed to help nascent businesses develop their products and services as they’re just starting out. They may be funded through local municipalities or economic development organizations.

What are the design criteria for a business incubator?

1. The average size of a co-working space in North America is 9,799 SF with an average capacity of 100 people.

2. Private workspaces require on average 150 SF.

3. Open workspaces demand on average 125 SF.

4. Conference rooms need 50 SF, plus an additional 25 SF per seat.

What are the existing types of business incubators?

• Academic institutions: Many business incubators are run by universities or have academic affiliations. Some programs work with university students, while others accept cohorts of young companies.

• Non-profit development corporations: Both non-profit and government agencies use incubators to stimulate economic development. These programs may specifically accept companies geared toward public welfare.

• For-profit property development ventures: Larger corporations develop many incubators for various purposes. These programs may be an investment opportunity or a way to fund subsidiaries, develop technology or find partnerships.

• Venture capital firms: Some venture capital firms establish incubators as an investment opportunity. These incubators may invest in startups in exchange for equity or offer funding further along in the program. Interior Samples

What is the process of building a business incubator?

A business incubator is considered an office space in accordance with the Virginia Construction Code. Therefore it is designed under the constraints of an office, but tailored towards collaboration.

PROGRAM SPECIFICATIONS:

Optimal Lot Size Width: 110 Feet Depth: 100–120 Feet Area: 3,250 Squared Feet or 0.07 Acres

Tenants Building Size: 3000SF Number of Office Spaces: 3-6 Spaces Occupancy: 30 Max

Building Dimensions Width: 35–55 Feet Depth: 80–100 Feet Height: 20–24 Feet Floors: 1–2 Stories

Parking Parking Ratio: 1 Per 300SF

Ideal Setbacks Front: 0–10 Feet Side: 0–12 Feet Rear: 30–60 Feet TYPICAL FLOOR PLAN

35FT 100FT