The recent completion of the sale of the Bucktown Center for the Arts building in downtown Davenport won't mean any changes for those in the location until late next year.
"We are getting out of the business of property management," said Amy Orr, president of the board of MidCoast Fine Arts, which had operated the building at 225 E. 2nd St. for the past 10 years.
"As an arts organization, that is not our forte," Orr added. "Our expertise is in supporting and enhancing the visual arts community, and we wanted to get back to that mission."
A sale of the building to Y&J Properties, Davenport, was recently completed, Orr said. In an August 2014 Quad-City Times story, Y&J partner Joe Erenberger said he already owned the top two floors of the building, and also would turn the second floor space into loft condominiums.
MidCoast has signed a 10-year lease for the first floor, Orr said.
Artists on the second floor will not have to vacate the space until the end of 2016.
"They were very, very generous to work with, knowing that we still had space upstairs and renters upstairs," she said of Y&J.
Artists from the second floor will eventually consolidate onto the first floor, Orr said. As Bucktown Center for the Arts, the main gallery and sales space was an approximately 1,700-foot space on the second floor. That concept will move downstairs to a 1,500-square-foot space formerly occupied by Small Wonders Photography.
"We're working on how we can best utilize that space on the first floor, including a gallery component," Orr said. "We know we'll be slightly smaller than what the existing space is."
Kyle Carter, executive director of Downtown Davenport Partnership and a member of the MidCoast board, has pledged to help find gallery/studio space for any artists who would be left out of the new plan, Orr said.
"Our goal is not to leave them high and dry," she added.