- Boise Hive Facebook Page
- Curtis / Sutton & the Scavengers, playing at the Boise Hive earlier this year.
That is, until the building where the Hive operates received an unexpected purchase offer earlier this week.
"Out of nowhere, a cash offer came in for $210,000," said Jodi Peterson, a volunteer for the Hive. "The [prospective buyer] wants to turn it into a warehouse. It's an iconic building. It helps musicians be safe and dry and commune together. It has history. It's not supposed to be a warehouse."
The Hive has been paying rent month-to-month for more than a year, during which time the building has been on the market but with no interested parties. The space, north of Overland Drive at 3907 Custer Drive, housed Custom Recordings and Sound prior to the Hive, providing the upstart nonprofit with prebuilt recording studios and sound-proof rooms.
Sylissa Franklin and her late-husband, Paul, owned and operated Custom Recording and Sound for more than 30 years. Franklin called it "quite the family business." After Paul died last year, Franklin and her son tried to keep the business afloat, but as technology changed and suppliers started to falter, she decided she was done with it.
She put it up for sale around the same time she was approached by one of the founders of the Boise Hive, who pinpointed it as the perfect place for the small nonprofit to plant itself.
"There are a lot of musicians that went through that building, a lot of memories. ... I was happy to see [the building] used for that purpose," Franklin said. "But they knew from day one that it was up for sale. That's why I allowed them to have the chance to get started [raising the funds to meet the purchase offer]."
The Hive has first right of refusal and 15 days to match the offer. If it can't, then it has 30 days to vacate the building.
"I hope everything works out for the best," Franklin said.
The purchase offer is actually $14,000 less than the original asking price. Silvercreek Realty Group listed the 3,579-square-foot building for $224,900. According to the Ada County Assessor, the lot and building together were appraised at $153,000.
In an effort to save the organization's home, executive director Juta Geurtsen created a GoFundMe page with the goal of raising $75,000. Peterson said if the Hive can raise that much a few investors are willing to contribute the rest and let the nonprofit repay them over time.
"We're in big trouble" if the funding goal isn't met, Peterson said, adding it's up to the nonprofit to "save ourselves."
"We don't want to think that far in advance because we know this is where we should be," she said. "To do what we have right now in another building is going to cost a lot of money and we're going to lose traction."
In its year or so of operation, the Hive has created a veteran music program as well as teamed up with the Interfaith Sanctuary Music Program. Peterson said the people they help will have nowhere to go while they find a new property.
"We're going to raise the money, and we'll be alright," Peterson said. "Positive thinking. Won't it be a great story two weeks from now when we will have done it?"
Note: An earlier version of this story said the money needed to be raised by Oct. 12. It actually needs to be raised by Oct. 9.