An arts and culture nonprofit in Tacoma will keep its space in the historic armory after all.
Tacoma Arts Live made headlines earlier this year when it announced that it would end its operations and sell the armory. It is based in the building and provides affordable rental office and event space to other nonprofits.
Tacoma Arts Live had considered selling the building to pay off roughly $3 million in debt, but now the nonprofit is in the process of restructuring that debt. Earlier this year it voluntarily entered receivership, a process similar to bankruptcy…