In our article on how the economy is (or isn’t) affecting the local art community (March edition), we forgot to mention Artspace, the local non-profit that has developed numerous properties as affordable living spaces with an emphasis on artists. Their fifth housing project, the Artspace Commons, is now being developed at 824 S. 400 West. Due to open in 2010, the 50,000 square-foot property on a 3.7 acre lot will provide 102 affordable housing units. The Salt Lake Tribune’s front page article on the project highlights what vision and determination can accomplish, in good or bad times.
“Peter Cook, real-estate agent for the development, concurred. ‘To close this deal of this size and quality in a bad economy is almost a spiritual experience,’ Cook said.”
You can read the full article at http://www.sltrib.com/ci_12013664