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Historic Tax Credits News Briefs - June 2011

The National Park Service (NPS) has published guidance on making historic buildings more sustainable in a manner that will preserve their historic character and meet the Secretary of the Interior's Standards for Rehabilitation. NPS said the guidelines, called "The Secretary of the Interior's Standards for Rehabilitation & Illustrated Guidelines on Sustainability for Rehabilitating Historic Buildings," were developed with the guidance and support of public agencies, professional organizations and individuals. The document is illustrated with examples of appropriate or "recommended" treatments as well as others that are "not recommended" or could negatively impact the building's historic character. See the new guidelines at www.historictaxcredits.com.

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The NPS named Brian D. Goeken chief of its Technical Preservation Services office, where he will manage the federal historic tax credit (HTC) program. Goeken moves to the NPS from his role as deputy commissioner of the city of Chicago's Department of Zoning and Land Use Planning where he has overseen the city's historic preservation division. His duties with the NPS in Washington, D.C. will begin on June 20. Prior to his work with the city of Chicago, Goeken was a project manager for the design and historic preservation division of the city of Pasadena, Calif. He holds master's degrees in historic preservation and urban planning from Columbia University.

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The Preservation League of New York State honored the CenterState Corporation for Economic Opportunity of Syracuse for its organizational excellence in historic preservation. The League's Excellence in Preservation Awards recognize notable achievements in retaining, promoting and reusing New York's architectural heritage. CenterState was a driving force behind historic preservation projects in Syracuse, including the Landmark Theatre and the Pike Block project, the League said. A complete list of award recipients is available at www.preservenys.org.

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Project supporters and local officials celebrated the ribbon-cutting of the Hotel Indigo Baton Rouge Downtown. After a $25 million rehabilitation project, the formerly vacant Hotel King has been transformed into a 93-room hotel in historic downtown Baton Rouge, La. National Trust Community Investment Corporation (NTCIC) and U.S. Bank, through the federal HTC program, invested $18 million in the project. NTCIC estimates that the project will generate 426 jobs, $1.2 million in state and local taxes, and nearly $12.8 million in household and business income. The hotel began operations in February.

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The Todd Bolender Center for Creativity and Dance, the new home of the Ballet Association of Kansas City, Mo.'s school and administrative offices, is slated to open in August, the Kansas City Star reported. The $32 million project to convert the former Union Station Power House into space for seven studios, a 180-seat studio and theater, and production and administrative areas was financed with $12 million in federal and state HTCs, brownfield credits, capital campaign contributions and grants. Downtown Council of Kansas City facilitated the HTC allocation. The new building will nearly triple the association's current studio space.

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The Cleveland Institute of Art (CIA) received a 2011 Preservation Award from the Cleveland Restoration Society and AIA Cleveland that commended CIA's renovation of the Joseph McCullough Center for the Visual Arts. CIA converted the 96-year-old building, which was constructed as a Model T Ford assembly plant, into an academic facility with technology-enabled classrooms; wireless Internet access; a high-tech screening room for digital arts classes; and energy-efficient heating, lighting, roofing and windows. The redevelopment is the first phase of a campus-wide modernization and unification initiative. For more details about the McCullough building's rehabilitation, see the March 2011 Novogradac Journal of Tax Credits.

Journal Category:

Historic Tax Credits

Authors:

Novogradac

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