Author: SEH

04 Sep 2018

Bailey Power Plant: Images of it’s Remaking

Where there was once a hollow shell, there is now bustling activity. Once dormant and showing signs of age, its patina is now embraced—a nod to the past and a fresh take on urban renewal. No longer a dark outline against the lights of Winston-Salem’s downtown skyline, Bailey Power Plant, with its iconic chimney stacks, [...]
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19 Jun 2017

Shamin gets national award for hotel conversion project Hilton honors Chester firm for turning office tower in Richmond into two hotels

  Shamin Hotels, the region’s largest hotel operator, received a national award from Hilton Hotels for converting a former 19-story office tower into two hotels. Shamin received one of Hilton’s 2016 Development Awards in the new build/adaptive reuse of the year category for dual brand. Only one project is selected annually. The award was for […]

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13 Jun 2017

2017 NMTC Progress Report

Press Release Announcing the Report: Report highlights NMTC project data from 2016, including 28 healthcare facilities, 26 manufacturers, 15 schools, 14 facilities for youth and families, and 11 incubators       WASHINGTON, June 7, 2017 — The New Markets Tax Credit Coalition today released its 2017 New Markets Tax Credit (NMTC) Progress Report the […]

08 Sep 2015

(NH&RA)18 finalists in 7 categories for the Timothy J. Anderson Awards

The National Housing & Rehabilitation Association (NH&RA) announced 18 finalists in seven categories for this year’s Timothy J. Anderson (Timmy) Awards. The awards recognize outstanding historic building rehabilitations that used state or federal historic tax credits (HTCs). The finalists are Philadelphia Main Post Office in Philadelphia, Pa. and Leavenworth Building 19 in Leavenworth, Kan. for […]

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08 Sep 2015

Historians to recognize Hawley Silk Mill

News Eagle’s local history series Banquet set Sept. 30 at Ehrhardt’s The Annual Preservation Awards Dinner of the Wallenpaupack Historical Society will be held Friday evening, September 30, at Ehrhardt’s Restaurant. Two awards will be given that evening. The Hawley Silk Mill will be recognized for the restoration and adaptive re-use of a commercial building. […]

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08 Dec 2014

Wake Forest Plans $100 Million Project for Medical School

88.5 WFDD Public Radio for the Piedmont Article by Paul Garber Published December 8, 2014 Wake Forest Baptist Medical Center has announced a $100 million project to transform a former Reynolds Tobacco Company complex into a medical education building. The building will be in the heart of the Innovation Quarter in downtown Winston-Salem just south […]

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13 Mar 2013

U.S. Bank to provide $16.5 million in tax credits for CORTEX Heritage Building

St Louis Business Journal Reporter- Amir Kurtovic Published on March 13, 2013 U.S. Bank will provide more than $16.5 million of New Markets Tax Credit and Historic Tax Credit equity for Wexford Science & Technology’s purchase and rehabilitation of the historic Heritage Building at the CORTEX biotech and medical district in Midtown. Wexford, a Baltimore-based […]

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26 Feb 2012

Why Missouri Should Preserve its Historic Preservation Tax Credits

This post was written by Kelly Bennett and cross-posted with Citiography. Missouri, I know you’ve been walloped by decades of deindustrialization and now the Great Recession. You’re being forced to make some terrible choices when it comes to your state budget. On the chopping block is your historic preservation tax credit. It may seem trite […]

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21 Feb 2012

Historic World-Class Biotech Research & Innovation Center

WINSTON-SALEM, N.C., Feb. 21, 2012 /PRNewswire via COMTEX/ Wake Forest Baptist Medical Center has opened the doors to Wake Forest Biotech Place, a new state-of-the-art, world-class 242,000 square foot biotechnology research and innovation center designed to allow more growth of Wake Forest Baptist’s many renowned research departments and create incubator space to promote start-up companies […]

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28 Oct 2011

CDEs Allocated More Than $20 Billion Through 2010

WASHINGTON, D.C. – October 28, 2011 – The Community Development Financial Institutions (CDFI) Fund today released data collected on new markets tax credit projects financed through fiscal year (FY) 2010. Through the FY 2010 reporting period, community development entities (CDEs) disbursed a total of $20,901,020,746 in qualified equity investment (QEI) proceeds to 3,060 qualified active […]

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