Three New Community Revitalization Grants Support the Development of Performance Arts, Workforce Housing and Children’s Healthcare

Commerce City, Florence, and Grand Lake projects receive funding

DENVER - The Colorado Creative Industries (CCI) division of the Colorado Office of Economic Development and International Trade (OEDIT) announced today that community revitalization projects in Florence, Grand Lake and Commerce City, Colorado have been selected to receive Community Revitalization Grants. This funding will support the restoration of a 100-year-old historic theater, provide live/work space for creative industry workers, and an innovative new project that includes medical and human services, including children’s healthcare.

“The Community Revitalization Grant program helps Colorado communities elevate the arts while also providing additional much-needed resources. By offering educational space, workforce housing and other services tailored to their neighbors, these projects reflect the unique characteristics of their communities and truly demonstrate the many ways in which the creative industries can benefit Coloradans,” said Margaret Hunt, Director of Colorado Creative Industries.

The Community Revitalization Grant program is intended to help revitalize community spaces in creative districts, historic districts, main streets and neighborhood commercial centers across Colorado through mixed-use development. Since the program’s inception in 2021, 48 projects have received funding (map below). Of the projects, 62.5% are in rural communities and 80% of projects have renewable or clean energy features. They will also add 480 units of creative industry workforce housing.

The three most recent recipients are:

Rialto Theater - Florence, Colorado - $500,000

Built in 1923, the Rialto Theater (pictured below) is located in the federally-designated Florence Historic District and is about to celebrate its centenary. Originally, the Rialto hosted vaudeville performers and screened silent movies. Today it is the heart of live performance in Fremont County as the only theater facility offering full-time entertainment to the community and providing a live venue for all genres of performance artists. The grant will help the Theater complete interior renovations to be a performing arts center, arts education facility, and community center.

Space to Create Grand Lake - Grand Lake, Colorado - $3 million

Artspace Projects, Inc. will construct the Grand Lake Space to Create Project, a downtown building intended to provide a year-round, sustainable, and affordable home to the community’s creative class. The completed project will include 18 units of living/workspace, as well as a gallery, commercial, and/or community space on the ground floor. The units will be equally suited for the general workforce as well, including teachers, nurses and other professions. By retaining the creative workforce year-round, this project aims to have a catalytic effect on economic stimulation in Grand Lake.

South Platte Crossing Hub - Commerce City, Colorado - $2.97 million

The Urban Land Conservancy (ULC) South Platte Crossing Hub (rendering below) will result in the construction of a new building featuring 60 units of affordable housing, including several units for artists in residence. The Hub will also provide medical and human service spaces, including but not limited to Kids First Health Care, Kids in Need of Dentistry (KIND), and the Early Childhood Partnership of Adams County. Local artists will be hired to create art installations and murals to create a welcoming community environment.

About the Community Revitalization Grant Program

The Community Revitalization Grant (CRG) program is intended to help revitalize community spaces in creative districts, historic districts, main streets and neighborhood commercial centers across Colorado. Grants are awarded to projects that combine several uses, such as creative industry workforce housing, commercial spaces, performance space, community gathering spaces, child care centers, and retail partnerships. The projects must also focus on economic recovery and diversification by supporting creative sector entrepreneurs, artisans, and community non-profit organizations. Initially funded by the State of Colorado, the Colorado Economic Development Commission allocated an additional $16.5 million of federal American Rescue Plan Act (ARPA) funding to continue the program. All CRG projects are evaluated by a panel review process overseen by CCI and the Department of Local Affairs (DOLA).

About Colorado Creative Industries

Colorado’s Creative Industries Division, Colorado’s state arts agency, is a division of the Colorado Office of Economic Development and International Trade. Established to capitalize on the immense potential for our creative sector to enhance economic growth in Colorado, the mission of Colorado Creative Industries is to promote, support and expand the creative industries to drive Colorado’s economy, grow jobs and enhance our quality of life. Learn more at

About Colorado Office of Economic Development and International Trade

The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the state’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Cannabis Business Office; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at

Map of Awarded Projects

Map of all 45 community revitalization projects including the new awardees in Florence, Commerce City, and Grand Lake

The Rialto Theater

View of exterior of 1923 Rialto theater taken from across the street. The building is two stories of light colored brick A marquee with blurred writing announces a show and a white and a red car are parked out front. To the left of the cars part of a tree peers over.

South Platte Hub Crossing

Virtual rendering of a four story modern apartment building shaped in a u. In the center of the u is a children's park. The building is grey except for a yellow section at the back of the u behind the park. Birds fly overhead in a blue sky and a commercial building is seen in the background.