WALNUT CORNER APARTMENTS

Historic tax credits make the reuse of a fire-destroyed historic grocery store possible

"New History's role was instrumental in the successful stabilization and reuse of the building. New History's added value to this project was worth every penny."

- Chase Hoffmann and Bert Kimman, Walnut Corner LLC

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LOCATION

 

CLIENT

CONSTRUCTED

PROJECT DATE

PROJECT SCOPE

 

 

PROJECT SIZE

Winona, MN

Private owner

1886

2015-2022

Guidance on immediate stabilization, historic tax credit certification, condition assessment, design guidance for historic building redevelopment

18,500 sq. ft.: 21 units, commercial office space

This new mixed use project reactivates a historic building in the heart of downtown Winona after it was nearly lost to fire.

CHALLENGE

Located in downtown Winona, the historic W.C. Pletke Grocery building was largely destroyed by a catastrophic fire in 2015, resulting in a near total loss of the building. The building needed emergency shoring and stabilization even before it could plan for a historic tax credit project. The cost of restoring the building far exceeded the market value of the building.

 

SUCCESS

New History worked with the building owners and shoring contractor to plan an emergency stabilization and shoring. Work for the shoring was approved as part of a future tax credit project – even before a new use had been determined. New History led the historic tax credit application process and worked with the project team to repair the structure, frame the attic as a full third level to create additional housing units, and create a commercial tenant space at the front of the building.