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City Of Seattle Starts An Arts Real Estate Company

ISSUES Posted: December 16, 2020 9:29 am

“In an effort to combat cultural displacement and gentrification, the city is taking the rare step of creating a “mission-driven” real estate development company so that it can create, purchase, manage and lease property for arts and cultural spaces — which could include a wide range of venues and organizations, including galleries, bookstores, nonprofit dance companies and cultural community centers. The new entity would likely also develop and manage a new “Creative Economy Hub” on the second floor of the city-owned King Street Station.” – Crosscut

ISSUES Published: 12.16.20

Read the story in Crosscut Published: 12.16.20

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