The Rainin Arts Real Estate Strategy

64%

The increase in rents since 2010 in the three US cities with the largest number of artists per capita — San Francisco, Los Angeles, and New York City.

It’s a classic case: Artists arrive in a neighborhood, making it more desirable. So developers move in and prices go up. That squeezes out the artists who put it on the map.

Colorado Public Radio

More moreDenver’s River North Art District (RiNo) was founded ten years ago by a group of artists who laid the foundation for a thriving cultural community in a largely abandoned area. Today, this neighborhood is booming and rents are soaring, pushing artists out and drawing in entrepreneurs and business developers. As Denver’s fast-growing population of arts and cultural spaces continue to migrate outside the city limits, the need for maintaining RiNo’s artist community through permanently affordable spaces becomes more urgent.

The Katrina Effect

Natural disasters force artists and cultural organizations to relocate and find alternative sources of support.

More moreThe artistic community's importance to New Orleans cannot be overstated. But due to Hurricane Katrina in 2005, which caused $100 billion in damage, and the rising cost of living, artists have been forced to relocate. Following Katrina, art became a powerful way to assert the enduring creativity of New Orleans and restore communities. Yet artists have been forced to find less expensive housing further away from the numerous art galleries, theaters, and performance spaces in the French Quarter.

346

Closures

Number of New York City music venues, galleries, and theaters that have closed since 2011.

The people who blame artists for gentrification imagine artists as white middle-class newcomers to neighborhoods; but there are long-term culture-makers from the underclass that matter. Art comes in all colors…

Rebecca Solnit
Creative Time Reports

68%

Percentage of San Francisco nonprofits that may need to make a decision about moving in the next five years due to rising rents, according to a 2015 survey.

Who’s involved in The Model?

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