Client Profile: Artscape

June 3rd, 2013 by Iler Campbell
The Regent Park Arts & Cultural Centre while under construction in 2011

The Regent Park Arts & Cultural Centre while under construction in 2011

Artscape is a not-for-profit urban development organization that connects the dynamism and power of creative people with other public, private, philanthropic, community and neighbourhood interests. Over the course of their 26-year history, they’ve become leaders in creative placemaking, and have generated many positive cultural, economic, social and environmental outcomes with their projects. Artscape projects are designed to build and leverage the local community’s cultural assets and creative resources while serving as catalysts for neighborhood growth and transformation. To date their projects have been catalysts for regeneration and have helped stimulate some of Toronto’s most vibrant and creative neighbourhoods including the award-winning Artscape Wychwood Barns and multi-tenant arts facilities in the Queen Street West, Distillery Historic District, Toronto Island and Liberty Village neighbourhoods. Artscape has earned a reputation as an international leader in the fields of culture-led regeneration and city-building through the arts.

Iler Campbell LLP has been a part of Artscape’s team for many years, playing an active role in making many of Artscape’s projects happen on the real estate side. In particular, Iler Campbell is proud to have worked with Artscape to create a model for ownership that allows artists to purchase affordable live-work spaces and to share with Artscape in the increase in the property value. The model also ensures that the spaces are available for resale to other artists on an ongoing affordable basis. So far this model has been used at the Artscape Triangle Lofts where artists have been owners since late 2010 and this will also be used at Artscape Youngplace, a non-residential artists project planned at the Shaw Street School site in Toronto’s west end. And there are more projects in the works.

If you’d like to read more about what Artscape is doing, please take a look their website at artscape.ca.

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