funding the vision

We have a vision to radically love our city by transforming our spaces to be uniquely for our city. To fund this vision, we have a unique opportunity to take advantage of external financing partnership paired with congregational investment to maximize our development potenial.

one vision, two buildings

Main Campus

Development costs:

$13 Million

fundraising sources:

  • Investment from the congregation through the For Boulder With Love campaign ($8 million)

  • Bank loan serviced by new revenue streams

The Annex

Development costs:

$15 Million

fundraising sources:

  • $3M property value

  • Grants from city, county, and/or state developers

  • Tax credit financing

  • Asset-based bank loan

  • Event space revenue

In addition to external funding, it will take an $8 million investment from our congregation to realize this incredible $28 million opportunity.

TOTAL GIVING GOAL = $8 MILLION

Grace Commons

We will be a church and people who are for Boulder, with love.

We will be a church and people
who are for Boulder, with love.

Vision Video

For Boulder With Love is a three-year capital campaign to radically love our city by being a church that is uniquely for our city.

Commitment Card

Together we will pursue two strategies:

We will transform our Main Campus and The Annex to create spaces for our church and our city to meet on common ground.
We will become people who are known by God’s great love, orienting our collective and personal lives as a gift to others.

TOTAL CAMPAIGN NEED = $8 MILLION

Learn more about additional funding sources

TOTAL CAMPAIGN NEED
=
$8 MILLION

As a community, we will orient our lives as a gift for others.

I am for Boulder with love.

"As someone who has struggled with addiction and homelessness in the past, I understand the needs here as well as the possibilities. God’s grace has allowed me to overcome many obstacles in my life, and now all I want to do is give back to this city that I love. Through my work at Mental Health Partners, serving in the community, and praying for people as I walk Pearl Street, I am For Boulder With Love.”

Andrew Spidle

I am for Boulder with love.

"After living in Boulder for 35 years, we absolutely love the people of our city—especially our neighbors in North Boulder. A few years back we decided together that we wanted our home to be a gift to our neighborhood. In the summer we host a happy hour on our driveway, called ‘Drinks on the Drive’—an open invite for our neighbors to come gather, meet each other, and catch up on life. Through this simple act, God has opened up countless ways for us to be For Boulder With Love.”

Tracie + Alan Watkins

I am for Boulder with love.

"My time as a student at CU has been filled with defining moments. From graduating with a major in Engineering to meeting life-long friends, the last four years have been an incredible blessing to me. But being a student in college can also be challenging, confusing, and lonely. Through God’s leading, I’ve been able to serve college students through our University Ministry. In this way, I am For Boulder With Love.”

Sam Fredricksmeyer

I am for Boulder with love.

"When I moved to the U.S. from Taiwan as a student many years ago, I struggled with communicating in English for even simple tasks. Life was exciting, but also challenging. Over the years, God has given me many opportunities to use my past experiences to help those going through similar challenges. Through CU and other organizations, God continues to bring the nations to us here in Boulder. By helping international women and others new to the community feel more at home, I am for Boulder With Love.”

Jueiling Huang

I am for Boulder with love.

"I quit my job in Singapore to move back to Boulder so that I could live in a place again where I could bike, run, be outside, and be healthy. God meets me in the beauty of His creation, and I know that is a gift He offers everyone in Boulder. What I didn’t expect were all the opportunities God would give me to be a gift to others. Even in simple gestures, like when my small group handed out protein bars on the hiking trail, I am For Boulder With Love.”

Libby Russell

I am for Boulder with love.

"I’ve always loved hiking and walking around my neighborhood, enjoying God’s beautiful creation and saying hello to the many people that walk this part of town. As I got older, I started getting tired more quickly on my walks and I would often look for a big rock or a bench to rest on. It was on one of these walks many years ago that God gave me the idea to put a bench in my front yard for people like myself to rest and linger a while. It may just be a bench and a cardboard sign, but it’s in this way that I am For Boulder With Love.”

Nancy Bacchus

This vision to love Boulder will take all of us.

Project Timelines

Choose a project below to view each timeline

MAY
2018

Preschool Closed

Preschool board, Trustees, and Session agreed to temporarily close the preschool with the intention of re-opening under a model striving towards (1) operational improvement and (2) financial viability.

DEC
2018

Planning and Discernment

Sub-committee, focus group and Session work to determine the best model for future success.

NOV
2019

Select Learning Care Group and Begin Negotiating

Conclusion that a third party operating partner was preferred and that Learning Care Group was the best fit for our needs—e.g. professional run preschool with integrated Christian teaching.

JULY
2020

Learning Care Group Service Agreement Signed


FALL
2020

Children & Family Ministry Work

Prepare Children’s Wing by emptying rooms.

DEC
2020

Physical Design and Permitting

Design of the modifications and renovation to the Preschool and second floor of the Children’s Wing was completed in December 2020 and application submitted for a building permit.  Bids were taken from four contractors and PG Arnold was selected to perform the work


SPRING
2021

Construction and Preparation

Learning Care Group permit was received in April 2021. Work is expected to be complete in early June 2021 and will include modifications to the first floor that will allow the Preschool to be licensed by the State of Colorado, and to the second floor to meet the weekday needs of Grace Commons’ ministries.



SPRING
2021

Learning Care Group Takes Occupancy

Learning Care Group will take occupancy when Grace Commons receives a certificate of occupancy from the City of Boulder. This is based on completion of construction by PG Arnold and approved inspections by the City. A temporary certificate of occupancy is expected in the first week of June 2021, which will allow Learning Care Group to begin the licensure process with the State of Colorado. Learning Care Group will begin recruiting and hiring staff for the Preschool. This includes the hiring of a School Relations Coordinator who will be the primary liaison between the Preschool and Grace Commons.

FALL
2021

Preschool Opens!

Learning Care Group estimates that it will take 90 days from the receipt of the temporary certificate of occupancy for the Preschool to be licensed, staff hired and students recruited. Based on the current date of the temporary certificate of occupancy this should happen in October 2021. Learning Care Group will begin advertising and student recruitment as soon as it receives the temporary certificate of occupancy and takes over the Preschool for operation.


WINTER
2025

Line of Sight to Five Year Revenues

The service agreement with Learning Care Group is for five years of operation. The current forecast of revenues that Grace Commons will receive from Learning Care Group will pay back the investment in the Preschool modifications by year four and provide additional revenues to repay debt obligations for the main church renovation in the ensuing years of operation.

JUN
2018

Facility Plan & Financing Structure Ahead of Congregational Launch

Discovering, listening, vision development (extensive sub-committee, focus group and other congregational interaction)
Architectural design and construction planning.
Vision plan release as part of capital campaign for main campus work.

FEB
2020

Architects selected / contracted



FALL
2020

Concept Plan to the City of Boulder

The concept plan was submitted to the City and reviewed by the Planning Board in October 2020. Comments were received from the City in early November 2020. 


2020

Initializing Financing Structure

Worthy cause grants
Social impact investors
Other gifts outside of Grace Commons

JAN
2021

Site Review Submittal

Site review documents were submitted to the City of Boulder in January 2021, and comments received in February. A second site review package was submitted in April 2021 that addressed comments from the Design Advisory Board and City staff.  Comments were received from the City in early May 2021, and a third submittal was made to the City in June 2021.



SUMMER
2021

Planning Board Approvals, Entitlement Approval & Low Income Housing Tax Credits Application

Planning Board review and approval and subsequent City Council review is expected in August 2021. The City Council review and approval will entitle Grace Commons Church to build the project that has been reviewed and approved.  Entitlement will allow Grace Commons Church to submit its application for Low Income Housing Tax Credits to the State of Colorado Housing Finance Authority (CHFA).  


SUMMER
2021

Additional Funding Sources

Proposals for funding of the Mercy Ministry portion of the Annex project will begin in Summer 2021. Boulder County’s ‘Worthy Cause’ grants will issue request for proposals that will be evaluated as will other foundations and funding sources that could support the capital requirements of the Annex project.


WINTER
2022

Construction Documents/ Project Bidding/ Building Permits

With entitlement in hand Grace Commons can proceed to final design and bidding of the Annex project. It is expected that a short list of general contractors will be developed, bids received in early 2022. Construction drawings will be developed and submitted to the City of Boulder for review prior to bidding and building permit applications made in alignment with the bidding process. Building permits are expected by summer 2022 and will allow for the financial closing for the Low Income Housing Tax Credits and other debt financing.


SUMMER
2022

Annex Construction Begins

The Annex project is expected to take about 12 months to complete. If permits are received and financial closing occurs in summer 2022 the project should be complete by fall 2023!

JUN
2018

Facility Plan & Financing Structure Ahead of Congregational Launch

Discovering, listening, vision development (extensive sub-committee, focus group and other congregational interaction)
Architectural design and construction planning.
Vision plan release as part of capital campaign for main campus work.

FEB
2020

Architects selected / contracted



FALL
2020

Concept Plan to the City of Boulder

The concept plan was submitted to the City and reviewed by the Planning Board in October 2020. Comments were received from the City in early November 2020. 


2020

Initializing Financing Structure

Worthy cause grants
Social impact investors
Other gifts outside of Grace Commons

JAN
2021

Site Review Submittal

Site review documents were submitted to the City of Boulder in January 2021, and comments received in February. A second site review package was submitted in April 2021 that addressed comments from the Design Advisory Board and City staff.  Comments were received from the City in early May 2021, and a third submittal was made to the City in June 2021.



FEB
2021

Landmarks Board Approval

The Landmarks Board made a preliminary review of the proposed Main Campus renovation in October 2020.  Demolition of the Geneva Wing and Westminster Hall were the subject of review by the Landmarks Board. Final board approval was received in February 2021 that allowed for the demolition of the Geneva Wing and Westminster Hall. The final design of the modifications to the historic Chapel and its connection to the renovate building will require a final design review by the Landmarks Board.


SPRING
2021

Preparation of Construction Documents & selection of General Contractor

City Council approval will entitle Grace Commons to build the project that has been approved. It is currently recommended that the Annex project proceed to final design and construction completion before the main campus work is undertaken.  This will allow for the Preschool operation to confirm its revenue projections and for Grace Commons to hire a lead pastor to guide discussions on the details of the final renovation.

Completion of construction documents should proceed after completion of the Annex in fall 2023. Whilst the documents are being finalized a General Contractor partner should be selected to assist in the final design, pricing and material selection for the project. This partnership will allow for excellent budget control and forecasting.  


WINTER
2024

Demolition & Construction of the Main Campus

Completion of the construction documents and submittal for the building permit is planned for first quarter 2024. Demolition of the Geneva Wing and Westminster Hall should commence in late spring 2024 and be completed by summer 2024.  Temporary structures and walls will be completed prior to construction commencing on the new work.  Construction is expected to be complete by summer 2025!


Events

FEB 7
2021

Boulder Vision Project Town Hall & Celebration

There is some great news to share regarding the Boulder Vision Project and our capital campaign! There will be plenty of time for Q&A. Please join us as we celebrate what God is doing through you!

FEB
2020

For Boulder With Love Vision Forums

For Boulder, with Love Leadership Team presents information about the vision, facility planning process and capital campaign.

FEB
2020

Vision Series Small Groups

Wednesdays at the church. Small groups to engage with during the vision series.

FEB
2020

Boulder Vision Dinners

Dinner and conversation to discover more about the For Boulder, with Love vision and how to participate in it.

Resources

We are for Boulder with love.