Meanwhile Lease Pilot Project

The Meanwhile Lease Pilot Project connects real estate professionals with interim tenants active in the creative economy. This process is de-risked for the real estate industry through vetting, tenant education, and management of City property tax exemption through this project. This pilot project mobilizes the use of under-utilized real estate inventory to the benefit of the real estate and arts sectors.

Meanwhile leases leverage vacancies and lulls in property development. They are typically short-term and are often granted to local nonprofit or charitable groups, usually for a non-commercial purpose. Meanwhile leases will help the real estate industry and the creative economy as they recover from the pandemic.

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Built Environment – Supports the re-imagining of under-utilized real estate inventory.

Amount Funded

$50,000

Year Funded

2022

Funding Priority

Built Environment: Support consumers as successful tenants or homeowners.

Contributors

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cSPACE Projects

cSPACE Projects is a social enterprise dedicated to supporting communities of artists, non-profits, and entrepreneurs working at the creative edge of change.

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Calgary Arts Development

As the city’s designated arts development authority, Calgary Arts Development supports and strengthens the arts to benefit all Calgarians. We invest and allocate municipal funding for the arts provided by The City of Calgary and leverage these funds to provide additional resources to the arts sector.