The rehabilitation of the Owyhee, however, has enlivened this area and spurred significant new investment by neighboring property owners.Save $200 Off Your First Month’s Rent! Offer available for a limited time only. Owyhee Hotel, Boise, Idaho: Located in the west end of downtown, the hotel was in an area that had experienced little new investment in recent decades and was surrounded by many underutilized and undeveloped properties. ![]() The use of historic tax credits allowed the developer to transform a building, underutilized or vacant for almost a decade, into a vibrant place for hundreds of people to reside and work. The tax credit equity was critical to the financing of the project.Įquitable Life Insurance Company of Iowa, Des Moines, Iowa: The rehabilitation of the Equitable Building has had a noticeable economic impact on downtown Des Moines. Zeigler’s Drug Store/Allen’s Hall, Florence, South Carolina: According to the project’s developer, the cost of renovating the historic Zeigler’s Drug Store, in comparison with the local rental market, would have been too risky.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |