12.06.2009

Update on Property Search

Hello Families, I want to give you an update on the progress of property search. As you all know, we need to find property to move Terra Luz offsite by summer of 2010 (at the latest), and we have a prospect!

I viewed the property this week with my realtor, and it has potential. There is work that needs to be done, but I can definitely see our program there. What's appealing about this property is

1). it's a house which is now commercially zoned (with tons of trees) and a good amount of land around it.
2). it's currently a childcare facility; so the process of converting a home to make it work for our program, is already done.
3). it's licensed for 40 children--not too big--which is the PERFECT number for the next step of expanding Terra Luz.
4). it's a lease
5). the house is unique, (very cute!) and with some of my TLC, it can be 'homey' and beautiful.

I'm not at liberty to disclose the exact details as the current program is still in the final stages of operating, but I can tell you the area, which is off Parmer and Metric in North Austin. There is, however, one contention, and my licensing rep is looking into it, which could lead to a deal breaker, but I have high hopes that the owner will be able to resolve it, and then we can make an offer.

I was hoping to have more solid information about this opportunity before presenting it to families, as it could go either way at this point (I have had more than my fair share of high hopes being crushed over the last year) however, this property apparently will be vacant the beginning of January, which means, if things work out,  a move for Terra Luz will happen very soon.

My husband and I are crunching numbers and will be preparing an offer. This in turns means, as a business owner, in addition to working on an offer, I need to spearhead the business plan, and put together a marketing plan. This is a HUGE step for our business, and we need to make sure its a viable option. For the next 2 weeks, I will be pulling myself from the classroom in order to work on the business logistics, and Krista and Kellyann will run things at Terra Luz.

I will keep you all posted as things unfold, which I hope, are in our favor.

Send positive thoughts this way!!

With Gratitude,
Andrea

P.S. We are having problems with the network and our terra luz emails. Feel free to use my personal email agtriche@austin.rr.com in the interim.

8 comments:

The O'Connor Family said...

Wow Andrea!! That is awesome. The location is perfect!! I hope all goes well!!!

Nicola said...

Hoping it goes well! I'm sure J and all the kiddos are going to miss their Ms. Andrea for the next two weeks, though! You are very loved. I know that area--it's very near Jalie's former preschool, actually.

Keri said...

Sounds wonderful!!! please let me know if you need help with marketing... (my degree!)
good luck!

Melissa said...

Fingers crossed that the universe has a nice holiday present in store for you! :)

Dawn K. Gibson, LCSW said...

Keeping you in my thoughts. I hope this works out!

iMother2.0 said...

let us know if you need anything. crunch crunch crunch those numbers mamcita! BESOTES!

anja said...

the best will come to u and tl your path is strewn with blessings.
maybe its time for that video? let's talk more soon, we should shoot before the current location is changed, it is so beautiful, it should be captured before expansion.

Andrea said...

@ Anja, yes, it may be time for that video! I agree it should be captured in the current location as much effort has gone into it and will be a 'preview' of things to come in another property.

I would love if some parents would be willing to be interviewed. Nothing formal, just a few sentences about what you see at Terra Luz.