Foss & Company Provides Virginia State Historic Preservation Tax Equity for Harrisonburg Innovation Hub

Harrisonburg, VA – February 19, 2025 – Foss & Company, a leading institutional investment fund sponsor, is proud to announce its role in the historic preservation of the Wetsel Seed Company Building in downtown Harrisonburg, VA. A fixture in the community for nearly a century, the building has been revitalized and repurposed into the Harrisonburg Innovation Hub, a state-of-the-art collaborative co-working space. The extensive renovation, completed in November 2024, ensures that this historic landmark continues to serve the community while supporting modern business needs.

“The preservation of historic structures like the Wetsel Seed Company Building demonstrates the value of adaptive reuse in driving economic development while maintaining the architectural character of our communities,” said Eric Brubaker, partner and managing director, Foss & Company. “We are honored to have played a role in this project, leveraging historic tax credits to ensure the continued legacy of this iconic building.”

Spanning approximately 24,000 square feet, the Harrisonburg Innovation Hub now offers flexible office space designed to foster entrepreneurship, innovation and economic growth in the region.

“Foss & Company’s professionalism, thoroughness, and vision have been instrumental in bringing the Harrisonburg Innovation Hub to life. Their commitment to preserving historic spaces while fostering economic growth is exactly the kind of partnership that makes projects like this possible,” said Peter Denbigh, founder, Harrisonburg Innovation Hub. “We’re thrilled to create a space where entrepreneurs, creatives, and businesses can break down barriers, spark new ideas, and build the future—right here in the Shenandoah Valley.”

The transformation of the Wetsel Seed Company Building into the Harrisonburg Innovation Hub exemplifies how historic preservation and economic development can go hand in hand. By reinvigorating a century-old structure, this project contributes to the city’s vibrant downtown while providing a dynamic workspace for businesses and entrepreneurs.

ABOUT FOSS & COMPANY

Founded in 1983, Foss & Company is a national tax equity investor and fund sponsor that has deployed over $9 billion in tax equity on behalf of insurance, banking, and other large corporate clients into historic rehabilitation projects, renewable energy and advanced energy production facilities. Foss & Company is a full-service advisor with proven expertise in helping our partners navigate the world of tax equity investments. For more information about Foss & Company, please visit www.FossandCo.com.