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The Real Deal: Nonprofit may spare KC artists the 'SoHo effect'


Business Journal
8 Dec 2016

The arts have been a precipitant for economic development in urban neighborhoods in Kansas City and other metro areas throughout the country.

But unfortunate consequences of that have included escalating rents and property values that ultimately force out the artists lofts and galleries that made neighborhoods cool in the first place.

Call it gentrification or the 'SoHo effect,' the phenomenon already is at play in the Crossroads Arts District, where the $40.7 million ARTerra apartment high-rise...

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