Pennsylvania
629 East Main Street is a historic twelve‐story, former Virginia Department of Environmental Quality building in the heart of the financial district in Richmond, VA. The rehabilitation of 629 E Main involves converting the former office building into 189 market-rate apartments, and a gym, rooftop lounge, and clubhouse for residents. Leasing for the apartments began in the summer of 2022. The rehabilitation kept intact historic elements of the building and has preserved and restored the exterior limestone, masonry and window stone details. PROJECT DETAILS LOCATION Richmond, VA AMENITIES 189 Market Rate Apartments, gym, rooftop lounge, clubhouse
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The Yorktowne Hotel is a 123-room hotel rehabilitation project located in York County, PA. As part of the Tapestry Collection under Hilton, the refurbished hotel offers guests a unique style and vibrant personality that encourages them to make an authentic connection to their destination. With a rooftop lounge, 12 locally commissioned art pieces, and an intimate lobby bar, the Yorktowne Hotel is the perfect place to unwind and relax. For years, the York College of Pennsylvania has held faculty parties and alumni celebrations at the hotel. Since 2018, dozens of students in the Hospitality and Tourism Management majors have taken project-based learning classes and worked on course credit projects for the hotel. The college’s hospitality program has become an integral part of the hotel’s operations, and new jobs have been created at all entry levels, providing family-sustaining wages for local residents. Many employees even walk to work, making the Yorktowne Hotel a vital part of the community. The hotel also serves as a gathering space for the community. The local chapter of the Rotary club has been meeting at the hotel for almost a century, making it a beloved institution in the area. PROJECT DETAILS LOCATION York County, PA AMENITIES 123 room hotel, ballroom, rooftop lounge, lobby bar
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The Flagship Complex is a collection of six historic buildings located over two city blocks in the heart of downtown Erie, PA, the poorest zip code in the United States with a median income of approximately $10,600 per year. The Flagship Complex has been renovated as part of a combined three block effort by the Erie Downtown Development Corporation using historic tax credits, Opportunity zone investment and locally raised equity investment totaling more than $100 million to transform and completely reposition the downtown area. The six buildings comprising the Flagship Complex were originally constructed in the mid-19th century. They have now undergone a complete renovation and have been converted into a large mixed-use development containing 42 units of market rate apartments, 11, 225 square feet of retail space containing a restaurant, 12,295 square feet of office space, 23,035 square foot food hall housing nine different operators, and a 22,418 square foot grocery store in what had previously been a USDA designated food desert. This adaptive reuse will increase the property tax receipts from the renovated buildings by 200%, provide access to healthy foods create job opportunities primarily for woman, minorities, and refugees. All but three of the apartments are now occupied having only become available in January. PROJECT DETAILS LOCATION Erie, Pennsylvania AMENITIES 42 market rate apartments, food hall, grocery store, and market
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Originally opened in 1923 as the home of Stoehr & Fister Furniture Company, the Stoehr & Fister building is a 65-unit residential adaptive reuse project at the gateway to downtown Scranton and the historic courthouse square. Project construction began in December of 2019 with building occupancy in November 2020. This project represents the best practices of preservation and creativity to retain a significant historic resource within the community. The structure has enjoyed a prominent place in the City for almost 100 years. Retaining and restoring the historic facades, introducing windows to the tertiary elevations, and breathing new life into this corner in Scranton has benefitted the community. There are now already more than 50 new residents living and working there. PROJECT DETAILS LOCATION Scranton, PA FEDERAL HISTORIC TAX CREDIT $2,408,707
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