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Tax Credits and other Incentives for Locating in the New Albany Downtown National Register Historic District
Field Day - Wednesday, Oct. 26, 11 a.m. to 4 p.m.
Tour three historic buildings and learn of ways that National Register properties can earn you tax credits through rehabilitation.
Field Day Leaders:
David Duvall ... historic architect with the Indiana Department of Natural Resources, Division of Historic Preservation and Archeology, and a specialist in tax credits for the State of Indiana.
Paul Wheatley ... New Albany's Economic Development Director will discuss other incentives, including tax abatements and the Urban Enterprise Zone.
The day begins at the White House Center, 222 Pearl St.
Buildings to be toured include Shrader Stable (c. 1875) on Main Street:
The Reisz Building (c. 1850) on Main Street:
and the Baptist Tabernacle (c. 1879) on East Fourth Street.
Lunch from Ermin’s French Bakery and Café will be $6.00.
This event is sponsored by:
Develop New Albany, an Indiana Main Street program
Historic Landmarks Foundation of Indiana, Southern Regional Office
City of New Albany Historic Preservation Commission
Please return your registration by Oct. 24 to Develop New Albany, 222 Pearl St., New Albany, IN 47150.
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NA Confidential cordially invites 3rd District Uncouncilman Steve Price to accompany us for the field day, and to cast a ceremonial "no" vote at the conclusion of the program.
5 comments:
Although school will keep me away from the event, I highly recommend this "field day." The rehabilitation tax credits are a lucrative incentive for any business folks thinking about locating in an historic building.
My husband, put in a bid to purchase the Stable building about 6 months ago. (it was actually he and Bob Coartney). They wanted to use the building as a wood workshop, part of it to build things for Bob's business (he owns Traditional American Builders-a company that restores and preserves historic buildings). They were also going to turn the other part into an area where people could walk around and see people working on wood and also rent time to use the tools.
This was going to be a great asset to the community and with Adam and Bob working on the building, people can rest assured that the building would be restored correctly and look great.
Also, how awesome would it be to see that when you come across the bridge.
Adam told me that he knew a few other people had put bids in on the building, but to his knowledge, no one had received and word or even answer on the building.
My question is, if there are people who have shown interest in the building and at least one of them don't want to turn into an office complex or rundown storage unit, then why is it still sitting empty?
Who makes those decisions when the city owns the buildings?
Good luck Ceece. That would be GREAT. Freinds and neighbors, I do know that the Reisz Building once was a wood workshop with the woodworking, furniture making, possibly perfecting bug tight casket assembly for the whole valley, owned by New Albany's beloved Kraft Funeral Family. (I promise no cat *&% in this historical downtown FYI.)
Ceece, Good luck. Bob and his wife live behind me, and they are not only good neighbors/people, but do very impressive workmanship. I know if you guys had the building, it would be restored properly. Also, it would be nice to see a business like that and not another office like you said. Good luck.
good luck's ass. That bid was put in alomost 4 months ago and NOTHING. They act like they don't have anyone interested in these buildings. Half of them have set empty so long that they are decrepid and falling apart but the owner still wants a rediculously large amount of money for them.
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