Marco Dall'Orso’s Post

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Urban Regeneration | Real Estate | Strategy | Innovation | Investment | Sustainability | PPP | Author

Arts and culture can contribute to the regeneration of degraded urban areas, but as change occurs and property values rise, there is a risk that they will be replaced by more profitable uses. “….a movement of arts nonprofits [that] are taking a more direct interest in real estate in order to preserve their communities and livelihoods. In Chicago, San Francisco and Boston, these groups are adopting unique organizational and financial structures to survive in overheated real estate markets. These arts models give artists more control over their place within these neighborhoods, but also emphasize stability and cooperation over resale value.” #urbanregeneration #urbandevelopment #sustainability #realestatedevelopment #realestate #urbanplanning

One Strategy for the Arts to Beat Gentrification: Buy the Building

One Strategy for the Arts to Beat Gentrification: Buy the Building

bloomberg.com

Iain Nicholson MIPM

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3mo

That’s really interesting Marco Dall'Orso - thanks for sharing. It can be a real challenge finding ways to support arts & crafts, creative, cultural and community organisations to be part of the story long term rather than just ‘meanwhile…’ and is something #property and #placemaking 💯 need to do better…!

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