Art Lofts of West Village
Live-work homes for artists in Lake Worth
Strengthening neighborhoods through the
cultivation of multidisciplinary art.
The Art Lofts of West Village
is a BEST PRACTICE for strengthening neighborhoods through the cultivation of multidisciplinary art. Creating affordable homeownership and small business opportunities under one roof is a sustainable redevelopment approach that helps to minimize displacement of artists who contribute to the social fabric of Lake Worth. This is the 2nd phase of live-work lofts to be sold specifically to low- and moderate-income working artist households to ensure that they can afford to stay in West Village and grow their businesses. The Lofts will remain affordable through deed restrictions. Built to certified green standards the development consists of eight 3-story townhomes designed with street level studio/retail space along with a 2,000 sq. ft. “Class A” commercial-retail building.
The Florida Redevelopment Agency awarded the Art Lofts of West Village Outstanding Housing Project for a small city.
8 Brand New Live-Work Artists Townhomes
$3.4 Million Dollar Total Project Cost
2,000 s.f. of Flexible Retail/Commercial Space
Art Lofts of West Village Funding Partners
• Lake Worth CRA: Donated land & $700,000 NSP 2 Residential Development Grant
• Palm Beach County: $532,000 HOME Funds for Low-Income Buyer Down Payment Assistance
• Project Reinvest NeighborWorks: $500,000 Commercial Building Grant
• Florida Community Loan Fund: Construction Loan