Page 1

The Historic Advisor Winter 2017

MacRostie Historic Advisors LLC

Project Success

Modern History AND • What We Are Working On • HTC Watch • Project Honors

MacRostieHistoric.com Alto 211 | Dallas, TX


| What We Are Working On

El Jebel Temple

Denver, CO | Hospitality

This 5-story Moorish-style brick building was constructed in 1907 as the Mosque of the El Jebel Shrine of the Ancient Order of Nobles of the Mystic Shrine, a Masonic fraternal order. DPMT, LP has engaged MHA to manage the federal and Colorado historic tax credit applications for rehabilitating the building as an event space as well as coordinating local landmark compliance review.

Historic Blue Bell Lofts

GARCO

Formerly known as the Blue Bell Manufacturing Company, this 1932 blue jean factory is being rehabilitated as affordable housing by The Commonwealth Companies. The project will include 52 one- and two-bedroom apartments for seniors. In addition to acting as historic tax credit consultant, MHA is listing the building in the National Register of Historic Places.

Following the rehab of the Cigar Factory in downtown Charleston, WECCO is once again rehabilitating an urban mill that will play a major role in community revitalization. Vacant since 1999, the General Asbestos and Rubber Co. mill building will house office space and food service and act as the historic anchor of the GARCO Park project that includes residential and commercial amenities.

Columbia City, IN | Affordable Housing

North Charleston, SC | Mixed Use

Completed Projects October - December 2016

Governor's Island

Meridian Hill Hotel

Italian developer QC Terme SPA is rehabilitating three historic buildings on Governor’s Island in New York Harbor for innovative wellness programs and social opportunities based on the model of Ancient Roman Baths. These former residential buildings will house relaxation rooms, saunas and steam baths in a unique environment that once was a military outpost.

Built as an apartment hotel for governmentemployed women and most recently used as a dormitory for Howard University students, Jair Lynch Development Partners is rehabbing the 1940s building to house 250 studio, and one and two bedroom apartments. The design will incorporate elements to meet requirements of the DC Green Area Ratio including bioretention landscaping.

New York Harbor, NY | Spa

Washington, DC | Hotel

MacRostieHistoric.com

American College of the Building Arts | Charleston, SC

Aurora St. Charles Senior Living | Aurora, IL

B.P.O.E. Elks Lodge #87 | Lowell, MA

Cigar Factory | Charleston, SC

Custom House | St. Paul, MN

ELEVEN25 at Pabst | Milwaukee, IL

Holy Name Heights Apartments | Madison, WI

J.M. Lofts | Haverhill, MA

Loring House Apartments | Portland, ME

Mercantile Lofts | Milwaukee, WI

Rosenwald Courts | Chicago, IL

Thompson Island Outward Bound | Boston, MA


Alto 211 | Dallas, TX

| Project Success

Modern History

In any given city in America, you will find a number of buildings that seem a little… flat. These midcentury modern structures usually highlight modern materials, often have minimal ornament , and frequently employ ribbon windows or curtain walls with windows spanning an entire wall surface. In recent years, these buildings have also become notable because they are showing their age, which is now about 50 years old. For some keen developers, these buildings and their sleek designs are inspiration for chic rehabilitations as flexible office space, research laboratories, and hotels. In Dallas, developer Alterra International has transformed the 1958 mid-century office tower into a mixed-use hub at 211 North Ervay Street. Alto 211 is home to restaurants, retail, and art spaces. Its location in the City Center District and open style has made it “Tech Mecca” for the companies and guests of this 18-story modern business center. Similarly, Wexford Science + Technology repurposed early modern buildings of the former R. J. Reynolds Tobacco Factory in Winston-Salem, North Carolina to house research facilities of the Wake Forest Innovation Quarter. The unique glassblock façade of Wake Forest Biotech Place was built in 1937 as a machine shop for the tobacco giant and is now the defining feature of a cutting-

edge medical research facility that houses multiple laboratories as well as a bank and café. Less obvious historic significance may be found in other mid-century urban “glass boxes,” a neighborhood car garage, or post-war multihousing developments. MHA has seen them all and successfully navigated historic tax credit applications for them. However, there are some inherent issues that tend to arise when rehabilitating these “modern” buildings. While projects that include mid-century design have unique sets of benefits to developers like open, flexible floor plans and marketable natural light, they also have a unique set of challenges. Mid-century materials such as poured concrete and thin-mullioned curtain walls that helped produce these beneficial features were often employed more

for their artistic traits and less for maintenance. Being mass produced and intentionally designed for planned obsolescence, modern materials have come to be seen as inferior to traditional materials, most notably illustrated by deteriorating government housing projects from the era. These issues can be successfully mitigated, however, with creative design and vision. In Chicago's Woodlawn community, Related Companies rehabbed 35 post-war affordable housing buildings at Parkway Gardens Homes, the first privately financed development of its kind to be cooperatively owned and operated by African Americans, into an award-winning affordable housing complex. The $106 million rehabilitation included cosmetic updates as well as improving safety and energy efficiency throughout the complex.

Wake Forest Biotech Place | Raleigh, NC

As more mid-century and early modern buildings come of age and are seen as "historic," we expect to see continued and growing innovation in their rehabilitation and reuse. These structures have innumerable possibilities and marketability, and they will be an integral part of urban revitalization to meet the needs for walkability, livability, and authenticity that is so desired by today's real estate market. MHA Parkway Garden Homes | Chicago, IL


| HTC Watch The Fate of the Federal Historic Tax Credit The new year brings a new presidential administration and an energized Republican Congress that seems likely to pass some form of tax reform legislation. The fate of the federal historic tax credit program is at the mercy of a conservative House of Representatives that seeks to reduce tax rates and eliminate many credits and deductions. House Speaker Paul Ryan (R-WI) is moving forward with his plan for reforms outlined in his comprehensive plan “A Better Way.” The Republican plan proposes to repeal most tax credits in this sweeping reform, leaving a questionable future for the historic tax credit. The Historic Tax Credit Coalition and the National Trust for Historic Preservation have been leading the charge to advocate for the Historic Tax Credit Improvement Act (HTCIA) and secured a promising number of bi-partisan co-sponsors on the House Ways and Means Committee In the last Congress. The HTCIA was co-sponsored by Rep. Mike Kelly (R-PA) and Rep. Earl Blumenauer (D-OR) and 51 other representatives,. While the reception to the HTCIA bill has been positive, more work is needed to ensure that the federal historic tax credit program continues. If you would like to contact your representatives in an effort to help promote the credit, please email Mike Phillips at the National Trust Community Investment Corporation (mphillips@ntcic.com) to see how your support could help.

| Project Honors

• A-Mill Artist Lofts

October - December 2016

Dominium | Minneapolis, MN NH&RA Timothy J. Anderson Award, Judges' Award: Best Historic Mill or Factory Rehabilitation

• ARC at Old Colony

• Burnham Building

MCJ Development & CA Ventures | Chicago, IL Commission on Chicago Landmarks Preservation Excellence Award; NH&RA Timothy J. Anderson Award, Best Market Rate/Mixed-Income Residential Millennium Partners | Boston, MA

Boston Preservation Alliance Preservation Achievment Award

• Chicago Athletic Association

Commission on Chicago Landmarks Preservation Excellence Award; National Trust for Historic Preservation Driehaus Award

Nichols Tower | Chicago, IL

• Chicago Motor Club

AJ Capital Partners | Chicago, IL

Integrated Motor Club LLC | Chicago, IL Commission on Chicago Landmarks Preservation Excellence Award; AIA Illinois Crombie Taylor Preservation Award

• Monsenor Romero Apartments

NHT Enterprise | Washington, DC NH&RA Timothy J. Anderson Award, Judges' Award: Achievement in Sustainability

• Nichols Tower at Homan Square

Foundation for Homan Square | Chicago, IL Commission on Chicago Landmarks Preservation Excellence Award

• Stony Island Arts Bank

The Stony Group, LLC | Chicago, IL Landmarks Illinois Richard H. Driehuas Award; National Trust for HIstoric Preservation Driehaus Award; NH&RA Timothy J. Anderson Award, Best Commercial/Retail/Non-Residential Project

The Lofts at NoDa Mills | Charlotte, NC

• The Lofts at NoDa Mills

The Community Builders | Charlotte, NC NH&RA Timothy J. Anderson Award, Best Historic Rehabilitation Utilizing LIHTCs - Small

The Historic Advisor Editor Katherine Ferguson, Marketing Manager kferguson@mac-ha.com | 843.779.3630

MHA DC Washington, DC | 202.567.6055 MHA Midwest Chicago, IL | 312.878.1246

MacRostieHistoric.com

MHA Northeast Boston, MA | 617.531.7161 MHA Southeast Charleston, SC | 843.203.5405

The Historic Advisor | Winter 2017  

Featuring the rehabilitation of mid-century modern architecture.

Read more
Read more
Similar to
Popular now
Just for you