Tagged: Historic Tax Credits

This Week

A weekly round-up of my favorite preservation related stories from around the web and in the newsClick on the title of each story to jump through to the original article/blog post.

JFK’s Childhood Home in Brookline, Mass – Here and Now

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John F. Kennedy’s birthplace and childhood home on Beals Street in Brookline, Massachusetts. (Bill Ilott/Flickr) Image via Here and Now

Here & Now’s Jeremy Hobson paid a visit to John F. Kennedy’s birthplace and childhood home, which is now a national historic site — the John Fitzgerald Kennedy National Historic SiteSara Patton, the lead park ranger, took him on a tour of the president’s home at 83 Beals Street in Brookline, Mass. The home was built in 1909, and the Kennedys lived there from 1914 to 1920. Patton said Kennedy’s father took out a $6,500 loan to pay for the house. Kennedy was a sickly child, and spent much of his early years in his bedroom with his teddy bear. His mother read books to him to pass the time. Patton says some of the values that were instilled into Kennedy and his siblings were evident in the house and its decor.

Why Do Old Places Matter? Continuity – National Trust

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March on Washington, August 28, 1963. | Credit: National Archives and Records Administration. Image via The National Trust

Most people experience this connection between memory and place. The connection was acknowledged by John Ruskin, who wrote in The Lamp of Memory about architecture, “We may live without her, and worship without her, but we cannot remember without her.” But how important are places to memory? Does preserving old places—and the memories they represent—matter? Do the individual and collective memories embodied in old places help people have better lives?…

Wisconsin Governor Scott Walker Quadruples State Historic Tax Credits – Journal Sentinal

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View along the Milwaukee River. Image via Metria Innovation Inc

Anyone who believes that historic preservation and Conservatives are diametrically opposed should take a look at Wisconsin.  Last week, Tea Party darling Scott Walker (who made news for his fight against teacher’s unions and a recall election) signed into law an increased tax credit for rehabilitating historic buildings.  “The passing of this legislation will revitalize downtown districts across the state,” Walker said in a statement. “Restoring these buildings will create a temporary and permanent economic increase for local and state economies.” GO WISCONSIN!

1896-1900: Victorian Era Footage from Cities Around the World – Wimp.com

Unidentified camera operators hired by the Lumiere brothers record footage from various cities across the world including Paris, New York, and Barcelona. Set to “Gymnopedie No.1” by French composer Erik Satie, this is a neat look into the past and at the buildings, streetscapes etc. in these cities at the turn of the century

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Did You Know?

Did you know that historic preservation is green –  as in sustainable  and environmentally responsible?

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“A commonly quoted phrase, ‘the greenest building is the one that’s already built,’ succinctly expresses the relationship between preservation and sustainability. The repair and retrofitting of existing and historic buildings is considered by many to be the ultimate recycling project, and focusing on historic buildings has added benefits for the larger community.”

The National Park Service

Did you know?

Over the past 30 years Historic Tax Credits created 2.2 million jobs, leveraged $100 billion in investment, and rehabilitated more than 38,000 existing buildings.

This former YMCA Beaux Arts building currently houses St. Francis High School and apartments in downtown Louisville, Kentucky thanks to Historic Tax Credits. Image via AU Associates. Click through to learn more about this project.

This little factoid via The National Trust for Historic Preservation.  If you are interested in learning more about HTCs or the threat to them during this fiscal crisis, please visit http://www.savehistoriccredit.org/.

This Week

 A weekly round-up of my favorite preservation related stories from around the web and in the news.

Tax Credits are No Joke

Baker Chocolate Factory (side view) in Dorchester, Massachusetts via Preservation Nation

Architect Robert Verrier has helped to restore over 150 historic buildings using historic tax credits. In his post over at Preservation Nation, he discusses how historic preservation and tax credits boost the economy, encourage business, and are a savvy investment.  Preservation can also buoy a community, revitalize neighborhoods, and it’s green!  Be sure to check out his post to read more and to see examples of his beautiful work.

Public Art Inspired by the Past

First Conundrum via heritagelandscapecreativity

It seems like I’ve been talking a lot about public art here on Bricks + Mortar lately.  Once I started thinking about its relationship to historic preservation, I just can’t stop. And I see it everywhere now. So I really loved this post over at heritagelandscapecreativity,  which delves into the relationship between sculpture and archeology in Scotland.  It highlights the piece,  First Conundrum, based on geometrically refined neolithic Scottish stone spheres.  The large scale replicas are as engaging as they are beautiful. Check it out! (See more photos here).

Spindletop Hall deTour Photos

If you enjoyed this, this or this post about last month’s BGT deTour at Spindletop Hall, you should definitely pop over to the  Kaintuckeean’s Flickr to see more photos from the behind the scenes tour!

21c Museum Hotel to Preserve Lexington Landmark

Until recently, downtown Lexington, Kentucky has not been a destination. The office buildings and sidewalks emptied at about 6pm every day and were fairly deserted on the weekend, with only a few exceptions (ahem, basketball season).  In the last few years, the city government placed a new emphasis on downtown by providing funds for a permanent Farmer’s Market and for events like Thursday Night Live, which encourages people to be downtown during non-business hours.

Downtown Lexington’s revitalization received a boon when it was announced earlier this year that the developers of the highly successful 21c Museum Hotel chain planned to develop its 4th boutique hotel/ museum/restaurant hybrid in the heart of the downtown district. Last week, the Courthouse Area Design Review Board gave the hotel  conditional approval for its planned renovation of the historic First National Bank (FNB) building on Main Street. I think this project is going to be really important to Lexington.  It is a counterpoint to the Centre Pointe debacle, has the potential to be the highlight of recent revitalization around the old courthouse, and will further prop up the economy in downtown.

21c’s Preservation Success

21c’s hip and trendy flagship opened in Louisville in 2006.  Located in a 19th century former tobacco and bourbon warehouse, the 90 room hotel features rotating, curated art exhibits in its gallery spaces as well as an award-winning restaurant. After its debut, the New York Times called the project “innovative.”   It was featured in the top 10 Conde Nast Traveler Reader’s Choice picks in 2009, 2010, and 2011, and was applauded by Travel and Leisure.

The developers and architects worked closely with the city and SHPO, and it  is generally regarded as a preservation success story  and as a successful adaptive reuse project. It has been an asset to downtown Louisville that has inspired other adaptive reuse projects, such as The Henry Clay (a hotel located in a former YMCA building).

21c’s Lexington Design Plans

Hopes are high that Lexington’s 21C will be just as successful from a preservation and adaptive reuse perspective.  The stakes are high.  The building 21c plans to develop is not only Lexington’s first sky scraper, but was designed by the famed architecture firm McKim, Meade, and White.

Constructed in 1912, the FNB building is a classic Beaux Arts sky scraper with an ornamental 4-story base replete with ionic columns cut from bedford stone, a plain shaft and decorative cap with arched windows, decorative metal panels and stone cornice.  It is still among the tallest buildings in Lexington.   For many years, the FNB building has been leased as office space, but has remained partially unoccupied.

Fortunately, it was announced early in  project development that 21C plans to seek historic tax credits (HTC).   Using HTC practically ensures the retention of the building’s defining characteristics and historic character because the hotel will be working closely with the city, state, and the National Park service. The McKim, Meade and White design should remain intact.

The plans announced earlier this week are promising.  They include the retention of the First National Bank building’s original windows, store fronts and metal relief panels.  They also included plans to occupy the adjacent 1872 Fayette Building, where it will restore a recessed storefront and its retractable awnings.  The development boasts 80 hotel rooms, an upscale restaurant with sidewalk seating, a two story penthouse with a rooftop garden, ballroom, fitness center, meeting and conference spaces, as well as gallery space.  

A distinguishing characteristic of the 21C brand, other than gallery space, is the red penguin sculptures that decorate its buildings. Lexingtonians were reassured this week that there will be no red penguins (the team color of UK rival the University of Louisville) in downtown Lexington. Instead, they will be University of Kentucky Wildcat blue.

Centre Pointe and the Courthouse Square

The FNB building is  located on a pivotal corner. It is directly across Main Street from Centre Pointe and is next to the old courthouse (across North Upper Street) around which much of downtown’s revitalization efforts have focused.

In 2008, an entire city block dating from 1826 was demolished to make way for a multi-purpose development, despite the best efforts of preservationists and community members. Subsequently, the project’s financing fell through. At the time of this writing, the Centre Pointe project is a large grassy field.  In some ways, the debacle brought preservation to the political forefront and it has been a catalyst for preservation friendly development in downtown.  Lexington’s 21c will overlook that empty field – some would say that it will be a perfect foil to the failed project.

Primary FNB and Fayette Building Facades – Centre Pointe lot and advertisement

Across North Upper Street from the FNB building, is the old courthouse. While a lot of downtown revitalization efforts have centered around the old courthouse square, the court house itself is in a very precarious position.  When the courts were moved to new facilities a few blocks away, the old courthouse became the home of several Lexington history museums, but the complex was shuttered this summer due to lead paint.  It is hoped that  bringing new business to this corner will hopefully raise awareness and funds for its preservation (it has  Tibetan Revival elements!), if not a restoration to its original floor plan which was dramatically altered in the 1950s. (Expect to see a post about the old court house soon).

Downtown Lexington, Adaptive Reuse, and the Economy

Preservation aside, the bottom line for any project like this is money and the economy.  Lexington’s mayor, Jim Gray, said of the project, “At the end of the day, it’s about jobs and what it could do for our economic growth”  21c will provide temporary jobs during construction and 150 permanent jobs when it is complete.  It will also enhance downtown Lexington business prospects.

“It really does elevate Lexington downtown to another level,” Gray said.  “It’s a remarkable use of the space; 21c is a destination in itself, so it has that added benefit of pulling people into it, and leverages the benefits for everything around it,” Gray said.  It “will have a real gravitational pull. It helps the old courthouse and helps illuminate the value of that property.”

*Click on images for larger view