Preservation and Tax Incentives

Tax Incentives

Atlanta, Georgia The rehabilitation of the Kiser Building into modern apartments by the Gallman Development Group LLC used state and federal historic preservation tax credits. The building was one of the first residential buildings in the historic downtown core of Atlanta. Intact historic fabric included “maroon brick” with terra cotta details, as well as significant […]

Atlanta, Georgia The Hotel Clermont on Ponce de Leon Avenue had seen decades of decline before it was closed and put on the market in 2010. Clermont Hotel Partners LLC bought the property in January 2013 with plans to redevelop the property as a boutique hotel. The developers used state and federal historic tax credits […]

Atlanta, Georgia Ponce City Market is an excellent example of a successful rehabilitation of a historic commercial building utilizing both State of Georgia, and federal rehabilitation tax incentives. The project leveraged over $50 million in tax credits which helped provide equity for the success of the project and made it one of the largest preservation […]