BY TAYLOR BENNETT, COMMUNITY DEVELOPMENT POLICY COORDINATOR, THE HUB
West Virginians are already putting the State Historic Tax Credit to work!
The Hub team is delighted to see Phoebe and Justin Randolph’s hard work on Huntington’s Progress Building getting attention from The Huntington Herald-Dispatch.
Phoebe, an architect who played an integral part in the design of the newly renovated building, was part of the Revitalize West Virginia Downtowns campaign and the Abandoned Properties Coalition, a group that strove to increase the State Historic Tax Credit. Phoebe and Justin’s work exemplifies how the increased historic tax credit can drive economic development in West Virginia communities.
Thanks for taking the lead, Phoebe and Justin!
From the article:
A newly renovated building in the 400 block of 8th Street, just across from the Cabell County Courthouse, is now ready for tenants, according to the building’s new owner, Justin Randolph of Progress LLC in Huntington.
The Progress Building has 12,000 square feet of space on three floors and additional square footage in its basement, Randolph said.
“This beautiful building is ready for tenants,” he said. “It’s set up with a new elevator, egress stair, storefront, windows and the space is wide open ready to build out.”
The first floor has been developed for retail, and Randolph says the building can accommodate tenants of any size.
“We are making some of the retail spaces on the first floor smaller so that we can attract new, young entrepreneurs that may want to start a business, but may not be able to afford a huge space to rent,” Randolph said. “We could have as many as five or six spaces available and all at great rates for a prime downtown location.”