Press Conference - Artspace Macaroni Flats Ribbon Cutting

submitted by New Markets Tax Credit Coalition on 05/03/19 1

On Thursday, January 12th, Mayor Jackie Biskupski, City Council Member Lisa Adams, and local developer Artspace officially opened Artspace Macaroni Flats, the first completed development in the Station Center project at the Depot District. Artspace has been investing in the Rio Grande neighborhood since 1996. Artspace Macaroni Flats is the third project the non-profit organization has developed in the district. The mixed-use development includes13 residential units affordable for households earning 80 percent of area median income and eight affordable street-level commercial spaces for artists, non-profit groups, and small businesses. Built in 1900, the structure was originally home to the Western Macaroni Manufacturing Company and is now listed on the National Register of Historic Buildings. The RDA provided the building to Artspace to initiate the larger plan for the future of the area. _________________________________________________________________ Artspace, established in 1980, creates affordable live and work space for artists, cultural organizations, nonprofits, and others to promote stable, vibrant, and safe communities. Artspace projects have led the way in demonstrating how low-income industrial areas can be developed to encourage a residential core and promote the arts. The organization has now completed six projects that have catalyzed development on the industrial west side of Salt Lake City. For details about Artspace Macaroni Flats, visit www.artspaceutah.org/spaces/artspace-macaroni. The Redevelopment Agency of Salt Lake City works with communities in implementing Salt Lake City’s master plans to create vital housing opportunities, improve infrastructure, and participate in the economic development of the City. For more information about the RDA, visit www.slcrda.com. For detail about Station Center, visit www.stationcenterslc.com/.

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