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Issue

Issue - meetings

Hotwalls Studios Business Plan

Meeting: 31/01/2020 - Cabinet Member for Culture & City Development (Item 4)

4 Hotwalls Studios Business Plan pdf icon PDF 343 KB

Purpose

 

This report provides a summary of the work and activities of the Hotwalls Studios over the past 3 years. It also recommends to bring a future report, in this financial year, for a proposed business model for the site, both to meet emerging           priorities and provided a sustainable business model for the future.

 

RECOMMENDED

 

(1)  That the Cabinet Member for Culture and City Development notes the work and activities of the Hotwalls Studios developed over the previous 3 years.

 

(2)  That the Cabinet Member for Culture and City Development agrees to bring a revised 6 year business plan model to the March 2020 portfolio meeting.

 

Additional documents:

Minutes:

The report was introduced by Josie Dalling, Business Development Manager. 

 

In response to a question from Councillor Morgan she explained that officers were still working on the business model and a report would be considered at the next Culture & City Development Cabinet in March.  This is a very unique site that lends itself to strong start-ups and it was important to get the model right and if it does not work this will be re-evaluated.  In terms of tourism officers needed to look at the key principle of the site and had plans to meet with Tourism South East. 

 

Councillor Symes said that the turnover of artists concerned her and there were very successful artists still inhabiting the space which meant new creative businesses cannot move in.  In terms of tourism, she suggested that perhaps a trail be created to the Hotwalls from the Dockyard to enable visitors to find the studios.  She said this was a wonderful opportunity but the council needed to be careful it does not stagnate.  Councillor Pitt replied that he took on board the concerns about the turnover and said the priority was to identify additional creative spaces in the city and not just relying on the hotwalls. 

 

DECISIONS:

 

The Cabinet Member for Culture & City Development:

(1)  Noted the work and activities of the Hotwalls Studios developed over the previous 3 years.

(2)  Agreed to bring a revised 6 year business plan model to the March 2020 portfolio meeting