This latest installment of “Historic Tax Credits @ Work” features a successful project to transform an underutilized train station into a community asset.
Author: smassey (Page 1 of 2)
The Battery Philadelphia is another example of a successful historic tax credit project. This latest installment of “Historic Tax Credits @ Work” shows how a classic “white elephant” was re-energized into a unique lifestyle campus that offers space for people to live, work, stay, and gather under one roof.
Tucked away in quiet North Philadelphia neighborhood is the former Peter Woll & Sons factory, now the Paper Lofts. Historic tax credits – both federal and state – gave the property it’s third lease on life.
The Yorktowne Hotel, in the heart of downtown York at 48 E. Market Street, has been a local and regional landmark for almost a century. Central to it’s riches to rags to riches story – in addition to its enduring community legacy – are the historic tax credits that played a big part in it’s 21st century renaissance.
Learning about Historic Tax Credits with Homestead’s Bishop Boyle High
The Bishop Boyle High School is another preservation success story for Homestead, a small Pennsylvania borough on the south side of the Monongahela River between Pittsburgh and Braddock.
Following the Homestead Masonic Hall a few years ago, Bishop Boyle High School in the Homestead Historic District has also been rehabilitated into housing with the help of the Pennsylvania Historic Preservation Tax Credit and federal Historic Tax Credit programs.
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Pennsylvania’s Historic Preservation Tax Credit At Work: SFY2021-2022 Update
The Pennsylvania Department of Community and Economic Development (PA DCED) recently announced that it has awarded $5 million in Pennsylvania Historic Preservation Tax Credits (PA HPTC) to 25 projects across the commonwealth through the FY 2021-2022 PA HPTC Allocation. The next round will open on October 1.
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The New Century Guild building, located at 1307 Locust Street in Philadelphia, PA, is an Italianate brick rowhouse constructed in 1851 as a private residence. It remained a private residence until 1906, when the New Century Guild, one of the earliest and most successful organizations devoted to supporting women in the labor force, acquired the building for its headquarters.
Historic tax credits were an important part of bringing the 1906 New Century Guild, an important organization in the history of women, a new life in the 21st century.
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Rehabilitating Pittsburgh’s “First” Skyscraper with Historic Tax Credits
The Arrott Building, located at 401 Wood Street in Pittsburgh, PA, was designed by prominent Pittsburgh architect, Frederick J. Osterling in 1902 and is one of Pittsburgh’s first skyscrapers.
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The Gamble on this Mill Paid Off
The Gamble Mill at 160 Dunlap Street in Bellefonte, Centre County, PA was listed in the National Register of Historic Places on August 1, 1975, as one of the only remaining grain mills in the county and one with surviving original 18th and 19th century spaces and materials.
As the National Register designation makes the building eligible for the Federal and State Historic Tax Credit programs, the current owners developed a reuse plan to save and rehabilitate the historic Gamble Mill.
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Historic Tax Credits + Artists + Braddock = Preservation Success
There are great examples throughout Pennsylvania – and the country – of historic buildings being repurposed to support, house, and celebrate local and regional arts communities. Two specifically come to mind in Pennsylvania, the GoggleWorks in Reading, Berks County and the Walk In Art Center in Schuylkill Haven, Schuylkill County. The Ohringer Artist Residences in the former Ohringer Home Furniture store 640 Braddock Avenue in Braddock, Allegheny County can now be added to that list.
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