Over the weekend, Stony Island Arts Bank was honored at Landmarks Illinois’ 2016 Richard. H. Driehaus Foundation Preservation Awards. This program is designed to recognize “extraordinary stories of people saving special places throughout the state and show how historic restoration has a positive impact on communities, the environment and the people of Illinois.”
Stony Island Arts Bank is the recipient of this year’s Rehabilitation Award. In addition to its role in the community as a gathering and education space, Stony Island is an example of excellent rehabilitation effort and creativity to repurpose the building for a new use. The transformation of the badly water-damaged west offices into a two-story library housing the collections of the Johnson Publishing Company (publishers of Ebony and Jet Magazine) and the basement, submerged in water for several years, were notable to the panel of judges.
In addition to the physical rehabilitation of the building, the award is an acknowledgement of the impact that artist Theaster Gates, developer of the project, and the Rebuild Foundation have had on Chicago’s South Side with their “pioneering approach to community revitalization.”
Congratulations yet again to this well-deserving rehabilitation and historic tax credit project that we are honored to be a part of.