PACE: Building a Thriving Creative Culture

By TS Bank
Published: Dec 3, 2018 1:31:30 PM
Topics: Community

Pottawattamie Arts Culture and Entertainment, PACE, is a non-profit based in Council Bluffs, Iowa. It has a goal to strengthen, develop and promote arts, cultural and historical institutions, organizations and activities in Council Bluffs, Pottawattamie County and throughout Southwest Iowa. PACE is an initiative of the Iowa West Foundation.

Formed in 2016, PACE evolved from the Bluffs Arts Council and is dedicated to providing a sustainable, highly active art community. Through its emerging role as a nonprofit support organization in Pottawattamie County, PACE provides a variety of functions to make that a reality: serving as the umbrella organization for our partners, providing shared facilities for performance, exhibit, classroom and archival space and acting as a centralized hub for fundraising and marketing.

TS Bank’s Director of Marketing, Melissa Peterson, currently serves on its board of directors.

“In April of this year, I had the amazing opportunity to join the PACE Board of Directors,” said Peterson. “PACE’s vision is to create a community where history, entertainment, arts and culture are valued and creativity thrives, enriching people’s lives, and I’m very excited to have a front row seat.”

Years of planning and research have culminated with the development of the Hoff Family Arts and Cultural Center slated to open in early 2020. The renovated Harvester II building in Council Bluffs will feature a performing arts theater and a multi-use facility with studio space for aspiring artists, exhibit areas, classrooms and more. It will also serve as a permanent home to the Chanticleer Community Theater, American Midwest Ballet, Kitchen Council and Kanesville Symphony. View the floor plans and learn more here. 

TS Bank Announces $25,000 Donation to PACE
TS Bank is gifting $25,000 over five years and will receive naming rights to the First Floor Theater Dressing Room. TS Bank has supported the local arts for many years and is excited for the reveal of this state-of-the-art facility.

“We are delighted to be part of this innovative and transformational initiative and what it will mean for the arts in our local community. PACE will serve as a great flagship for the arts, culture and entertainment arena for generations,” said Kelsey Stupfell, Director of Community Reinvestment.

TS Bank Participates in $6.5M Bridge Loan
TS Bank has the incredible opportunity to provide a bridge loan for up to $6.5 million in financing for the renovation and expansion of PACE’s new home at the Harvester II building and the opening of deposit accounts with TS Bank for the construction funding management.

“We knew this was a premier project in our community and gave us an opportunity to showcase our desire to grow and expand within our communities, through innovative deposit and lending products and services.” – Timothy Johansen, VP of Business Banking.

A bridge loan covers the span of time between construction expense payments and future committed donations. TS Bank hopes that this loan and our partnership with PACE will set the stage for future growth in our community. 

Here are a few ways that you can get involved with PACE:

  • Sign up to be a volunteer. Learn more here.
  • Make a $100 tax-deductible donation and have a tile created in your honor or make a $1,000 tax-deductible donation and have a seat named after you, your business or as a memorial for a loved one. Learn more here.

Please consider this exciting opportunity to help develop a thriving creative community in Pottawattamie County.

Written by TS Bank