A Bold Vision For the Future.
The Scrap Exchange is on the threshold of unprecedented growth. In 2016, with the help of community investment partners, The Scrap Exchange purchased the northern end of the Lakewood Shopping Center. The Reuse Arts District (RAD), a separate LLC, was established to manage and develop this property.
What is RAD?
Reuse Arts District or RAD, as it is commonly called, is a multi-year initiative and the first phase requires all commercial spaces to be leased and pre-leased by Summer 2022. Even while tenants are being secured, the Scrap Exchange already began Phase II by securing a financial partnership with the city of Durham to transform this an underutilized shopping center into a national model for creative reuse and an inclusive neighborhood destination for creativity in Durham.
The Reuse Arts District (RAD) will be a multi-faceted cultural, environmental, historical, recreational, and community-based destination. With The Scrap Exchange at its core, RAD will transform 12.5 acres in Durham’s developing Lakewood neighborhood. Reuse arts programs will enliven a space that may offer amenities such as community gardens, a sculpture park, affordable housing, a skateboard park, and an adventure playground.
Economic Impact on the Community
The Reuse Arts District (RAD) has the potential to house and manage a variety of reuse arts programs and become a community anchor in the continuing revitalization of Durham’s Lakewood neighborhood.
For more information about supporting RAD, contact Laura Nicholson,
Program Director, firstname.lastname@example.org or (919) 688-6960.
Interested in Leasing a RAD space?
Visit our Contact Us page.