LOVELAND – Artists here could soon have a new place to call home when Loveland’s newest revitalization project – a nearly $10 million project downtown – is complete.

The historic Feed and Grain building, which is more than 120 years old, and an adjoining parcel will become a live-work space for Loveland’s artistic community, thanks to efforts by a variety of organizations.

Artspace, a Minnesota-based nonprofit real estate developer that has done similar projects nationwide, is working with local nonprofit Novo Restoration, the City of Loveland and others to renovate the Feed and Grain building and build a new apartment complex next to the existing structure.

As envisioned, the Feed and Grain will be where artists to do their work, including performance space and studios. The building will undergo a $1.2 million stabilization process to keep it standing strong, but the aesthetics of the building will be left intact, according to Andrew Commers of Artspace.

Then, when funding becomes available, hopefully by the first quarter of 2013, 30 units of residential space will be built on the lot next to the Feed and Grain. The units will be very affordable, Commers said, with