Reinvestment Fund financed the redevelopment of the iconic former St. Rose de Lima church building and two adjacent schoolhouses into a new cultural hub for the arts, education, and community in New Orleans. Rose Collaborative, also known as the Bayou Treme Center for Arts and Education, is a partnership of Alembic Community Development, a mission-driven developer, and Rose Community Development Corporation, a nonprofit that supports reinvestment along Bayou Road. Together they are renovating the three adjacent properties, which have not been occupied since Hurricane Katrina.
The 47,300-square-foot campus will house an acclaimed theatre company with a 30-year operating history, the Waldorf School of New Orleans (WSNO), and co-working space targeting people in the creative industries and the burgeoning education sector in New Orleans. The transformed campus will advance New Orleans’ cultural economy by showcasing diverse local and regional theatre, incubating emerging theatre companies and professionals, and providing a range of educational programming for youth and underserved populations. It will also have a strong impact on the area though job creation and the return of these long-vacant and deteriorating buildings back to active use.
Learn more: reinvestment.com/success-story/bayou-treme-center-arts-education/