Credit Worthy News

The Rainwater Building Receives South Carolina Historic Preservation Honor Award

Posted by Katherine Ferguson on Tuesday, May 17, 2016

| Rainwater Building, Florence, SC

MHA client, BCN Holdings, Inc., is the recipient of a 2016 South Carolina Honor Award for their rehabilitation of the Rainwater Building in Downtown Florence. Built in 1921, the Rainwater Building now serves as offices for locally based Med-Enroll Corporation and Employ Reward Solutions. This award acknowledges the exemplary historic preservation of the building that included returning the primary storefront on the first floor to the historic 1930s scheme.

This rehabilitation is indicative of the revitalization the city of Florence is currently undergoing. With its location across West Evans Street from the recently renovated Florence Hotel, it contributes to the corridor of progress along this historic downtown streetscape. In addition, it is estimated that Med-Enroll will contribute upwards of 150 employment opportunities in Downtown Florence.

We are proud to have been part of the team on this important Main Street rehabilitation project. Congratulations!

Topics: Awards, Preservation

Renaissance Albany Hotel Wins Award for Project Excellence

Posted by Katherine Ferguson on Wednesday, May 11, 2016

| Renaissance Albany Hotel, lobby. (Graphic credit: PLNYS)

Tonight, the Renaissance Albany Hotel will be honored at the Preservation League of New York State Excellence Awards in New York City. This Capital Region landmark was opened at as the DeWitt Clinton Hotel in 1927. Strategically located across from the State Capitol building in the heart of downtown Albany, New York, the building quickly gained a reputation as the place where New York state politicians and legislators met to make deals. In the 1970s it was converted into a senior living facility and eventually subsidized housing, functioning as such until 2006. 

Columbia Development Companies has restored the building to its former grandeur as a hotel in New York’s capital city. Since its opening in October 2015, the property has already begun to prove an economic catalyst for the community. The Renaissance Albany Hotel will serve, and is integral to the success of, the new Albany Capital Center that is currently under construction.

Congratulations to Columbia Development Companies and the entire Renaissance Albany team for a job well done! We are proud to have been part of the team.

Topics: Awards, Preservation

Highly Anticipated Artist Lofts Wins Neighborhood Development Award in Manitowoc County, Wisconsin

Posted by Katherine Ferguson on Friday, May 6, 2016

| Mirro Aluminum Company Plant #3 - Pre-Rehabilitation

On Tuesday, May 3rd, Wisconsin Redevelopment, LLC was awarded the Progress Lakeshore Neighborhood Development Award for their $8.2 million rehabilitation of Mirro Aluminum Company Plant #3 in Manitowoc, Wisconsin. This award recognizes an innovative real estate development that creates jobs and increases the tax base. The project has created 360 construction jobs and more than doubled the property’s assessment for the apartment complex that will house two- and three-bedroom affordable units. The building will also provide community space and an art gallery.

Construction is still underway for the Artist Lofts, but parts of the building are expected to be ready for occupancy by the end of this month.

Congratulations to our client on a project that is integral in the economic development of Manitowoc. We are proud to be a part of the team.

Topics: Awards, Preservation

211 N. Ervay Earns Preservation Achievement Award

Posted by Katherine Ferguson on Wednesday, May 4, 2016

Alto 211 Facebook| Photo Credit: Mark Bullard, Bullard Media

MHA client, Alterra International, is the recipient of a 2016 Preservation Achievement Award presented by Preservation Dallas. This award recognizes the four-year transformation of the long-vacant historic building that is playing a major role in the revitalization of downtown Dallas. Called the Alto 211 Office Building, the building is still under construction but already boasts 100 percent leased ground-floor retail space and will house offices for various businesses. 

Alterra International is also developing the historic Butler Brothers Building next to Dallas City Hall. This $90 million project will be a hotel and apartment complex.

Congratulations to Alterra International for this honor. We are proud to be a part of your team. 

Topics: Awards, Preservation