Artscape Helps Broker Triple-Win Deal in Queen West Triangle

An innovative partnership has been forged in the Queen West Triangle between Artscape, the City of Toronto, Westside Lofts (Urbancorp) and Active 18 that will see the creation of a 56,000 square feet artist live/work project within the Westside Lofts development at 150 Sudbury Street.
The development of affordable artist live/work units within a condominium complex is a first for Toronto. The deal also represents a new self-financing model for affordable housing development that requires only a nominal public investment.
"Developers, community activists, and the City have a strong shared interested in making the Triangle as creative and dynamic as possible" said Artscape President and CEO, Tim Jones. "There is no reason why this model cannot be replicated across the city to address the decades-old problem of the displacement of artists through gentrification."

  

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