2. ABOUT ARTSPACE
> Established in 1979
> National leader in arts facility development
> Based in Minneapolis with offices in Los Angeles, New
Orleans, New York, Seattle, and Washington, DC
> 38 completed projects in 15 states and DC
> Projects under construction in Loveland, CO; Michigan City,
IN; Hamilton, OH; and Dearborn, MI
> Most recently completed project in East Harlem, NYC
> More than 1,500 affordable live/work units
> More than 1.5 million square feet of non-residential space for
nonprofit arts/cultural organizations, creative professionals,
and entrepreneurs
5. WHERE HAVE ALL THE ARTISTS GONE?
El Barrio’s Artspace PS109 // East Harlem, New York
90 live/work units, 11,000 sq. ft. for cultural groups (under construction)
6. FROM SCHOOL TO ARTS CENTER
New York City:
El Barrio’s Artspace PS109
> 90 live/work units in historic public
school building
> Home to Taller Boricua, Hi-ARTS and
El Barrio Theater Company
> $52 million total development cost
> Opened fall of 2014
11. LIVE/WORK SPACE + ARTS INCUBATOR
!
Architectural rendering, with the new live/work structure in the foreground and the renovated Feed and Grain
Building in the background
12. Year 2 was even more spectacular.
ARTS AT THE FEED AND GRAIN BROUGHT IN CROWDS:
20,000 FROM 2012 TO 2014
14. SOURCES OF FUNDING:
60 LIVE/WORK UNITS + 13,000 SF COMMERCIAL
Artspace Buffalo Lofts // Buffalo, New York
SOURCE
AMOUNT
PCT.
Public Sources
Federal low income housing tax credits
$ 6,592,060
41 %
State low income housing tax credits
$ 2,796,404
17 %
Federal historic tax credits
$ 1,678,775
10 %
HOME funds ($900,000 from state, $400,000 from city)
$ 1,300,000
8 %
Community Development Block Grant (city)
$ 300,000
2 %
Federal allocation
$ 250,000
2 %
Private Sources
Private sector (philanthropic gifts)
$ 1,400,000
9 %
First mortgage
$ 1,200,000
7 %
Deferred developer’s fee
$ 670,944
4 %
TOTAL
$ 16,188,183
100 %
15. CAMPUS PLAN ON 8 ACRE TANNERY
Artspace Tannery Lofts // Santa Cruz, California
100 affordable live/work residences in two buildings (opened 2009)
16. AFFORDABILITY FOR ARTISTS
Santa Cruz, California:
Artspace Tannery Lofts //
Digital Media & Creative Arts
Center
> 100 live/work units in two new
buildings
> 23,000 square feet of studios for
artists and creative businesses
> $42.4 million total development
cost
> Opened 2009 and 2012
17. BRINGING ARTISTS BACK
Artspace Tannery Lofts // Santa Cruz, California
100 affordable live/work residences in two buildings (opened 2009)
18. 27 CREATIVE BUSINESSES
Artspace Tannery Lofts // Santa Cruz, California
100 affordable live/work residences in two buildings (opened 2009)
19. CLASSES AND OPEN HOUSES
Artspace Digital Media and Creative Arts Center // Santa Cruz, California
20. REVITALIZATION +
A STABLE HOME FOR THE ARTS
Northern and Tilsner Warehouses // St. Paul, Minnesota
52 and 66 live/work units in two historic warehouses
(opened 1990, 1993)
22. CASE STUDY OF ECONOMIC IMPACT
CATALYTIC IMPACT OF TWO MIXED USE ARTIST HOUSING
PROJECTS IN DOWNTOWN ST PAUL
• 1980s: No glimmer of sports stadium
Today: New Ballpark for St. Paul Saints: $63
million in construction costs
$10 million in annual economic impact
• 1980s: No artists and arts activity
Today: 50,000 annual visitors to semi-annual art
crawls with average spending of $20/person or
$1 million
• 1990: Artists only residents downtown
Today: More than 8,100 residential units
downtown -- 30% increase in last decade
23. CASE STUDY OF ECONOMIC IMPACT
CATALYTIC IMPACT OF TWO MIXED USE ARTIST HOUSING
PROJECTS IN DOWNTOWN ST PAUL
• 1980: Area had no name or identity
Today: Lowertown is a designated historic
district with arts district status pending.
Fastest growing neighborhood.
• 1991: St. Paul Farmer’s Market built across the
street from the artist buildings
Today: Brings 20,000 visitors downtown April-
November every weekend
• Closest bus line 5 blocks away
Today: Light Rail to immediate neighborhood
24. TRANSIT ORIENTED DEVELOPMENT
Artspace Mt. Baker Station Lofts is being developed in partnership with Sound
Transit and will be Artspace’s first true TOD.
25. NEIGHBORHOOD FOCUS
Artspace Mt. Baker Station Lofts is being developed in partnership with Sound
Transit and will be Artspace’s first true TOD.
26. HOW DO WE MEASURE SUCCESS?
> 2011 Economic Impact Study measured impact on cities and
neighborhoods and tax base as well as artist success:
Occasional
> Individual Artist Interviews: Ongoing
> New Business Development, fostering entrepreneurship:
Ongoing
> Community Events and Activities
> Formal and Informal Partnerships