Community Arts Center Creates New Chapter in Wake of Unforeseen National Events
By Jon Leckie and Mark Iovanisci, CoStar News
Published March 27, 2024
We are happy to share that the Juxtaposition Arts Campus has received a 2024 CoStar Impact Award for Redevelopment of the Year for Minneapolis/St. Paul!
For nearly three decades, the nonprofit education center Juxtaposition Arts in Minneapolis has been fostering creativity and nurturing young artists as it sought to revitalize the area’s West Broadway corridor. Success in that mission led the organization to embark on a new chapter of growth with a physical property expansion that would ensure its future for the next generation of creatives.
The organization’s vision led to a capital campaign launched in 2018. Over the next three years, Juxtaposition raised $11.5 million through state bonds, governmental grants, New Market Tax Credits, low-interest agency loans, private foundations and hundreds of individual donors. Through unforeseen events, such as a pandemic, which complicated fundraising efforts and ballooned construction costs, and civil rights protests spurred by the death of George Floyd that required additional security measures at the property, the organization remained undeterred and finally broke ground on its expansion in 2021…
Read the entire story here.