The goal is to create a "high density mixed-use, arts-oriented affordable rental housing development on the Property containing studio/work and gallery spaces," according to the ordinance. The City entered into an agreement with the EPCF and Artspace in 2010 to produce a project of this type. It is seen as a project that will improve cultural heritage and that can be a catalyst for nearby revitalization. A preliminary study has shown a market demand for up to 127 units in downtown El Paso.
|601 N. Oregon - Old Saddleblanket Building|
Artspace Projects Inc. is an organization which creates these types of developments throughout the United States. From the Artspace website: "Artspace owns and operates 27 projects in 19 cities and 13 states. Twenty-one of the 27 are live/work projects with a total of 922 residential units. The others are non-residential projects that provide space for artists and cultural organizations. Many of the live/work projects also include non-residential space such as studios, offices for arts organizations, rehearsal and performance venues, and space for arts-friendly businesses."
|Artspace Project in Seattle|
City Council item: http://www.elpasotexas.gov/muni_clerk/agenda/02-28-12/02281210O.pdf
City Council/Artspace Agreement: http://www.elpasotexas.gov/muni_clerk/agenda/12-07-10/12071012.pdf
Artspace Website: http://www.artspace.org/about/faq.html