Kress Corner is a multi-partner historic renovation project that’s rewriting the future of downtown Florence. McCrory is working within the expansive block-wide project, which will include 45,000 square feet of adaptive, mixed-use development. When complete, Kress Corner will feature retail space, a 200-seat restaurant, a micro distillery, 15-18 loft apartments, leasable office space and the city’s first rooftop bar.
"Our goal was to preserve the building’s historic details in a way that guaranteed the availability of historic tax credits."Certified Commercial Investment Member
The buildings, which are listed on the National Register of Historic Places, were planned to capitalize on the availability of state and local historic tax credits to help fund the more than $10 million project. Before construction began, the developer worked extensively with local, state and federal conservationists to align planning and construction to known historical accuracy. Planners also honed in on careful management of both the tight downtown jobsite and a staggered delivery with the project expected to be complete in mid-2016.
- 45,000 square feet of adaptive reuse in historic district
- Four-building redevelopment includes a 1915-era Kress
- Buildings listed on National Register of Historic Places
- Completed site will include retail, restaurant, apartments, and the city’s first rooftop bar