Minot has been known as the “Magic City” since it first sprang up, seemingly overnight, in the late 1800s. Over the last decade, an oil boom has brought many new arrivals, generating a severe shortage of affordable housing. This shortage was compounded in 2011 by a flood of the Souris River, the worst in Minot’s history, which damaged more than 4,000 homes, many beyond repair.
Minot is committed to engaging its arts community as a core asset in its rebuilding process, deploying creativity and sweat equity to spur complementary development. Minot Artspace Lofts — the first new building in downtown Minot in 30 years — will be an arts anchor with 34 units of affordable live/work space where artists can create, increase their income and establish roots in the heart of Minot.
The $9.4 million project will include a gallery operated by the Turtle Mountain Tribal Arts Association for the exhibition and sale of works by Chippewa, Mandan, Hidatsa, Arikara and Sioux artists, including regalia, beadwork, quillwork and baskets. In recent years, some local artists have relocated to the Santa Fe area because there is no strongly identified Native arts center in the northern plains. Whether Minot can become “the Santa Fe of the North” remains to be seen, but this project will be a step in the right direction.
The Minot Artspace Lofts is a new construction project that will anchor the downtown Minot central business district. The site is located at the corner of Main Street and Central Avenue (formerly the site of the Leland Parker Hotel). The 34-unit residential building will be designed to meet the space needs of creative individuals and their families. Each unit will have sufficient additional space for an artist’s studio. The project will also contain non-residential space that will be designated for commercial arts-related uses, such as frame shops and galleries and/or serve the needs of local arts organizations.
The live/work units will be affordable to households with incomes below 60% of median income for Ward County (median income currently $58,400). The project will have 31 parking spaces, a community room and arts and cultural supported commercial spaces.
Minot Artspace Lofts will be an anchor for continued investment in the creative economy – its of particular importance in this community where they are fighting the “boom town” mentality. The investment by Artspace creates permanent, affordable and sustainable space.
Minot Artspace Lofts will provide 34 live/work Units (13 one bedrooms, 13 two bedrooms, 8 three bedrooms)
Minot Artpsace Lofts offers 3,034 square feet of retail/commercial space and 1,547 square feet of exhibition/gallery/community space.
Units are still available at Minot Artspace Lofts and applications are being accepted now. Move in dates are expected beginning in August. Please download the Minot Artspace Information Packet and Application Packet or call 1st Minot Management at 701.839.7505 for details.
Rental Rates: 1-Bedroom: $267 - $6262-Bedrooms: $315 - $7463-Bedrooms: $358 - $856
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Artspace | 250 Third Avenue North, Suite 500 | Minneapolis, MN 55401 | 612.333.9012 ©2012 Artspace Projects, Inc.