The Nancy Franco Maldonado Paseo Boricua Arts Building will open in 2020. This apartment complex will add new cultural economic and social dimensions to the dynamics of our community. It will serve as a hub for community artists and their fa–milies to live, create, produce, and sell their work. At the same time, it will serve as an incubator for the artists to engage other artists in a continuous dialogue about art and aesthetics. Two additional commercial enterprises will also be housed including a community theater and a community gallery for artists.
This TIFF investment of over 4 million dollars, which the City of Chicago is making, is one of the most significant in this community in many years; it is an investment in an area which has historically phased disinvestment and neglect.