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Artspace Projects, Inc. - Center for Community Innovation

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<strong>Artspace</strong> <strong>Projects</strong>, <strong>Inc</strong>.


Our mission:


is to create, foster, and preserve<br />

af<strong>for</strong>dable space<br />

<strong>for</strong> artists and arts organizations.


<strong>Artspace</strong>…<br />

• was founded in 1979 as an advocate <strong>for</strong> the<br />

space needs of artists in Minneapolis’ historic<br />

Warehouse District<br />

• is now the nation’s leading nonprofit developer<br />

<strong>for</strong> the arts<br />

• has completed 20 projects nationwide<br />

• has an annual operating budget of $10 million


Our philosophy:<br />

• We believe that artists play an important role in<br />

our society.<br />

• We view the arts as a valuable development<br />

tool <strong>for</strong> communities and neighborhoods.<br />

• We strive to create projects that are af<strong>for</strong>dable<br />

and sustainable.<br />

• We believe we are at the vanguard of a<br />

movement that has the potential to trans<strong>for</strong>m<br />

America into a society that truly values its<br />

artists.


• We seek projects that:<br />

Our criteria<br />

• have strong community leadership (political,<br />

corporate, foundations, individuals)<br />

• are located in areas with vital artist<br />

communities<br />

• reclaim areas that present redevelopment<br />

challenges to a city<br />

• involve buildings or land with significant<br />

historical context


<strong>Artspace</strong> programs


Property<br />

development<br />

• 21 projects completed in<br />

13 states<br />

• Total development cost of<br />

more than $250 million<br />

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Asset<br />

managemen<br />

t<br />

• We own and operate what<br />

we build<br />

• Our projects have positive<br />

cash flow


National<br />

consulting<br />

• We have worked in more<br />

than 47 states<br />

• We work with cities, arts<br />

councils, and developers


Completed projects


Northern Warehouse Artists ’ Cooperative (1990)<br />

Saint Paul, Minnesota<br />

52 live/work units<br />

40,000 sq. ft. commercial space<br />

Great Northern Warehouse, 1908


Northern Warehouse Artists ’ Cooperative<br />

Café on street level


Tilsner Artists’ Cooperative (1993)<br />

Saint Paul, Minnesota<br />

66 live/work units<br />

Farwell, Ozmun, Kirk & Co. (hardware wholesale store), 1908


Growth Impact<br />

source: US Census Bureau<br />

Population growth 1990 2000 # change % change<br />

Lowertown 733 1,941 1,208 164.8%<br />

Downtown<br />

(excluding Lowertown)<br />

3297 3668 371 11.3%<br />

Saint Paul 272,235 287,151 14,916 5.5%


Guiterman Brothers, <strong>Inc</strong>. (clothing factory), 1917<br />

Frogtown Family Lofts (1992)<br />

Saint Paul, Minnesota<br />

36 live/work units


Frogtown Family Lofts<br />

Two-level gallery


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Duluth, MN


Washington Studios (1995)<br />

Duluth, Minnesota<br />

39 live/work units<br />

<strong>Community</strong> center operated by City of Duluth<br />

Washington High School, 1911


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Washington Studios<br />

Live/work unit in old gymnasium with running track balcony


Moline, Milburn & Stoddard Co., 1886<br />

Traffic Zone <strong>Center</strong><br />

<strong>for</strong> Visual Art (1997)<br />

Minneapolis, Minnesota<br />

24 studios <strong>for</strong><br />

mid-career artists<br />

40,000 sq. ft.<br />

commercial space


Everett Station Lofts (acquired 1997)<br />

Portland, Oregon<br />

47 live/work units<br />

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Hupmobile dealership, 1924<br />

Spinning Plate Artist Lofts (1998)<br />

Pittsburgh, Pennsylvania<br />

47 live/work units<br />

5,000 sq. ft. gallery


Spinning Plate Artist Lofts<br />

Main floor gallery


Riverside Artist Lofts (2000)<br />

Reno, Nevada<br />

35 live/work units<br />

10,000 sq. ft. commercial space<br />

Riverside Hotel, 1926


E. S. Levy Building, 1875<br />

National Hotel Artist Lofts (2001)<br />

Galveston, Texas<br />

28 live/work units<br />

1,500 sq. ft. commercial space


Switching Station Artist Lofts (2003)<br />

Chicago, Illinois<br />

24 live/work units<br />

Telephone switching station, 1906


Elder Street Artist Lofts (2005)<br />

Houston, Texas<br />

34 live/work units<br />

Jefferson Davis Hospital, 1924


Tashiro Kaplan Artist Lofts (2004)<br />

Seattle, Washington<br />

50 live/work units<br />

38,000 sq. ft. commercial space<br />

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Kaplan Building (hardware store), 1906


Tashiro Kaplan Artist Lofts<br />

Corner unit on third floor


Sterling Market Lofts (2004)<br />

Bridgeport, Connecticut<br />

61 live/work units<br />

8,000 sq. ft. commercial space<br />

Read’s Department Store, 1925


Mount Rainier Artist Lofts (2005)<br />

Mount Rainier, Maryland<br />

44 live/work units<br />

7,000 sq. ft. commercial space


Grain Belt Studios (acquired 2005)<br />

Minneapolis, Minnesota<br />

150,000 sq. ft. commercial space<br />

<strong>for</strong> artists and arts-related businesses<br />

Grain Belt Warehouse, 1910


Buffalo Artist Lofts<br />

Buffalo, New York<br />

60 live/work units<br />

11,000 sq. ft. commercial<br />

Original use: electric vehicle factory (1911)


<strong>Artspace</strong> Buffalo Lofts<br />

Buffalo, New York<br />

60 live/work units<br />

11,000 sq. ft. commercial


40<br />

<strong>Artspace</strong> Buffalo Lofts, April 2007<br />

New fourplexes under construction


New Landscaping, September


Where the money comes from<br />

SOURCE AMOUNT PCT.<br />

Public Sources<br />

Federal low income housing tax credits $ 6,592,060 41 %<br />

State low income housing tax credits $ 2,796,404 17 %<br />

Federal historic tax credits $ 1,678,775 10 %<br />

HOME funds ($900,000 from state, $400,000 from city) $ 1,300,000 8 %<br />

<strong>Community</strong> Development Block Grant (city) $ 300,000 2 %<br />

Federal allocation $ 250,000 2 %<br />

Private Sources<br />

Private sector (philanthropic gifts) $ 1,400,000 9 %<br />

First mortgage $ 1,200,000 7 %<br />

Deferred developer’s fee $ 670,944 4 %<br />

TOTAL $ 16,188,183 100 %<br />

Project: <strong>Artspace</strong> Buffalo Lofts


Fort Lauderdale, FL<br />

37 units<br />

100% leased<br />

Historic<br />

neighborhood where<br />

many artists were<br />

displaced


Sample<br />

<strong>Projects</strong> in<br />

Development<br />

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Hiawatha Artist Lofts (2007)<br />

Seattle, Washington<br />

61 live/work units


P.S. 109 - New York City<br />

• 64 units of artist housing -first<br />

sustainable model of<br />

af<strong>for</strong>dable housing <strong>for</strong> artists<br />

in NYC<br />

• 10,000 square feet of<br />

nonprofit arts and education<br />

space<br />

• Primarily home <strong>for</strong> Latino<br />

artists<br />

• Construction start 2009


Harvester Artist Lofts<br />

Council Bluffs, Iowa<br />

36 live/work units<br />

8,000 square feet of non-residential space


Harvester Artist Lofts<br />

Architect’s rendering


Patchogue <strong>Artspace</strong> Lofts<br />

40 units live/work space<br />

additional non-residential space on<br />

ground level<br />

1st <strong>Artspace</strong> project on Long Island<br />

3rd in the state of New York


Hennepin <strong>Center</strong> <strong>for</strong> the Arts<br />

Minneapolis, Minnesota<br />

8 dance studios, one theater and 17<br />

Hennepin <strong>Center</strong> <strong>for</strong> the Arts<br />

offices <strong>for</strong> per<strong>for</strong>mance based nonprofits<br />

(acquired 1997)<br />

2 restaurants<br />

Minneapolis, Minnesota<br />

Nine studios, 250-seat theater,<br />

offices of 17 arts organizations<br />

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Masonic Temple, 1888


Minot, North Dakota


Minot, North Dakota


Minot, ND<br />

25 units of<br />

live/work space<br />

Mixed use with<br />

enclosed<br />

parking and<br />

ground floor<br />

commercial


Shubert Theatre<br />

1910 photo


•Shubert Theatre<br />

•In transit, February 1999<br />

•At 5.8 million pounds, it was the heaviest building ever moved on rubber tires.


Minnesota Shubert Per<strong>for</strong>ming Arts<br />

and Education <strong>Center</strong><br />

Minneapolis, Minnesota


Tannery Arts <strong>Center</strong><br />

Santa Cruz, Cali<strong>for</strong>nia<br />

100 live/work units<br />

40,000 sq. ft. studio space


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Tannery Arts <strong>Center</strong><br />

Interior of historic building


Monterey, CA<br />

Fort Ord<br />

New community<br />

66 units of live/work<br />

60,000 square feet of<br />

galleries and artist studies<br />

Construction start: 2010<br />

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Fort Ord Barracks<br />

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Be<strong>for</strong>e and after


Artists and spaces


<strong>Artspace</strong> <strong>Projects</strong>, <strong>Inc</strong>.

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