Medici ARTIST LOFTS
Medici Artists Lofts
Stockton, CA
Type of Development
Mixed-Use housing
Year Built
1927
Development Profile
Local Artists preference
34 units:
10 one-bedroom units
17 two-bedroom units
7 three-bedroom units
Unit Size
575 – 1,035 sq. ft.
Total Building
1
Summary
HACSJ Partnered with DFA Development on Adaptive Re-Use
The 12-story Medico-Dental building, originally built in 1927, is now a new adaptive mixed-use housing project known as Medici Artist Lofts. The Housing Authority County of San Joaquin (HACSJ), in partnership with DFA Development, has developed 34 units, 27 of which are affordable housing units for families with income levels between 30-60 percent area median income. Six of the units are market rate.
The formerly tallest building in Stockton was renovated with financing from a variety of sources. Funding for the $11 million redevelopment includes Low-Income Housing Tax Credits (LIHTC), permanent financing, and City of Stockton HOME funds. HACSJ is providing Housing Choice Project-Based Voucher rental assistance for 27 of the units.
In repurposing the empty Medico-Dental building, HACSJ is excited to be able to provide local artists with space in beautiful downtown Stockton, a move which will undoubtedly contribute to the continued revitalization of the city.
