AFFORDABLE HOUSING MOVES 1 STEP CLOSER Artspace Preliminary Feasibility Report

The Town of Carbondale invited Artspace, a national nonprofit real estate developer of affordable space for the arts,based in Minneapolis, MN, to conduct a Preliminary Feasibility Study (PFS). The PFS provides preliminary feedbackabout the feasibility of creating new, sustainably affordable space for the arts, creative, and cultural sector. Artspace originally created the PFS to respond to communities interested in an Artspace-developed affordable artist live/work, mixed-use facility. Over the years, the PFS has evolved into a tool for communities to advance a variety of space-related goals. Artspace uses its 30+ years of knowledge as a practitioner in the field to share findings and recommendations for next steps. The study focuses on six components of community-led development: 1. Project Concept, 2. Arts Market, 3. Local Leadership, 4. Funding & Financing, 5. Potential Sites, 6. Alignment with Broader Community Goals.

The Carbondale Preliminary Feasibility Visit took place December 4-6, 2017. During these three days, Artspace staff met stakeholders, visited current arts assets, toured potential sites, and facilitated a public meeting. Artspace was represented by Wendy Holmes, Senior Vice President and Anna Growcott, Director, both from the Consulting and Strategic Partnerships Department. This executive summary of the full Preliminary Feasibility Report contains Artspace’s observations, findings, and recommendations. For greater nuance, detail, citations, and context, please refer to the full report.