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2/26/15
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Meta Housing Corporation has broken ground on the Glendale Arts Colony, a new, 70-unit, arts-focused affordable housing development for families in Los Angeles County. The $32 mil development will integrate a series of arts elements, and is the fifth “arts colony” project that Meta Housing has developed.
Situated on a 54k sf, YMCA-owned site, the Glendale Arts Colony will be five stories high. The apartment community is planned to feature 8.4k sf of community space, including a sculpture garden, a digital media lab, an “idea lab” in which residents can participate in a variety of creative activities, as well as a series of outdoor artist work decks.
“This development will help to meet the increasing need for affordable housing in the Los Angeles area, while providing much more than just a quality place to live,” explains Kasey Burke, President of Meta Housing Corporation. “In addition, the project provides Meta Housing with the opportunity to combine everything that we do well, including public/private partnerships, affordable housing, and arts integration.”
The development of this project is the result of a partnership between Meta Housing Corporation, the City of Glendale, the YMCA of Glendale, and Western Community Housing, Inc. The site is being developed as part of the existing 2.2-acre YMCA campus.
The Glendale Arts Colony will feature a full-scale professional level art gallery space for exhibits, performances, and other creative programming. It will provide a platform for the residents to connect, collaborate, and create with each other and with the larger community.
Financing for the project was provided by Bank of America, the City of Glendale, and Greystone Servicing Corporation Inc.
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