The Lake Worth Community Redevelopment Agency (CRA) will be hosting a ribbon cutting ceremony for the new Urban Arts Lofts (UAL) project this Friday, August 9, 2013. The UAL is a community redevelopment project consisting of 12 two-story, owner occupied live/work lofts located in the heart of the City of Lake Worth. The three essential elements of this project include: Style, Sustainability & Affordability.

The goal of the UAL is to provide workspace along with affordable housing. The development of this distinctive project showcases the talent of its residents while also setting the standard for quality housing within the City. The proximity of these particular units to the downtown and businesses along Lake & Lucerne Avenues helps to form a better synergy between the east and west commercial areas of both Avenues.

This project was made possible courtesy of the $23.2M Neighborhood Stabilization Program (NSP-2) grant from the United States Department of Housing and Urban Development (HUD). The Federal grant funds, which were used to acquire, plan, design and construct this development, were obtained to specifically rehabilitate or build new homes on foreclosed, abandoned & vacant properties. The Lake Worth CRA also chose to ensure that this new construction project would be Florida Green Building Certified (FGBC).

This development is located in an already sustainable and walk-able area, close to downtown stores, services and public transportation.

The Urban Arts Lofts would not have been successful without the perseverance of the CRA, City of Lake Worth and our NSP-2 Consortium partners.

The ribbon cutting ceremony will take place at 10:00am at the northwest corner of “F” Street and Lucerne Avenue. The public and members of the media are invited to attend this event. Parking is available along all side streets.

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