The definition and boundaries of art are ever-changing. We might not all agree on what constitutes art—good or otherwise—but most would recognize a thriving neighborhood when we see one. It’s the place that’s bustling with activity and energy, where leasing and occupancy take care of themselves, and urban infill developers are competing for the last remaining opportunities.
According to ArtPlace, a collaboration of national and regional foundations, banks, and federal agencies committed to “accelerating creative placemaking,” the arts are central to creating neighborhoods where people want to be. In other words, having artists in residence—and activities focused on the arts—can impact the vitality of a community and also serve as a catalyst in revitalizing older housing stock and the economy too. ArtPlace backs up its premise with research. Read about the Vibrancy Indicators devised to help define and measure neighborhood change.
Recently ArtPlace released its list of America’s Top Twelve ArtPlaces which it has identified as the most vibrant and arts-centric communities in the U.S.—and the ones that multifamily developers and investors are keen on. America’s Top ArtPlaces is a new annual ArtPlace initiative recognizing neighborhoods in the largest 44 metropolitan areas in the country where the arts are central to creating the kinds of places where people want to be.