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February 08, 2008

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durhamwalkingdog

Go Scientific!

Durham's lucky to have these folks.

andy shull

While the vision of this project should certainly be attributed to Andy Rothschild and Scientific Properties, I wanted also to mention that behind the scenes there is also a very talented team of dedicated designers and engineers who have worked very hard to make this project a reality. Among them, C.T. Wilson Construction, Belk Architecture, CLH Design, D.I.R.T. Studios, Bryant Durham Electric, Lee Air Conditioning, Acme Plumbing, and an even larger team of great subcontractors who have been on site daily, working extremely hard to get the project up and running in a timely fashion.

Finally, the Durham Planning, Inspections, and Engineering Departments have all been extremely helpful in working with the Project Team to overcome inevitable hurdles associated with such a comprehensive and complex adaptive reuse project.

Andy Shull
Belk Architecture

JDC

The location and magnitude of this complex underscores the need for a streetcar/trolley along the Main Street corridor, the so-called "spine" by which so many workplaces, neighborhoods and entertainment spots are attached. Imagine a fixed route from Alston Ave to Erwin Square, linking East Durham, Golden Belt, the central business district, current/future transport centers, West Village, Brightleaf, East Campus and the Broad/9th St area. Something like the "Old Bull River" trolleybus (does that thing run anymore?) but it could run at night too, so if Cosmic Cantina is too far to walk (or stumble) to from the Federal or Bull McCabes, an Old School Burrito is not out of reach. Call me crazy, but I think it just might work, especially once there are living, breathing human beings in the Golden Belt and in West Village phase II.

AMS

Check out the generous State of NC tax credits for rehab projects like this. Not everyone can participate in a project of this scale, but some of the same credits taken here, are available to residential real estate in Durham.

Check out Durham's National Register Historic Districts:

Watts Hospital/Hillandale
Duke Park
Lakewood Park
Trinity Park
Old North Durham
Much of East Durham
Much of Downtown Durham
& as I understand it, Burch Ave is in the process of applying.

Imagine being able to get 30% of the costs of your HVAC, plumbing, carpentry, materials & labor back. The process is not hard to apply for, and can make a real difference in making a project economically viable. These credits apply to architecturally contributing properties in National Register Historic District like those above. I proudly tell others that I haven't had a State of NC tax liability for the past 2 years, and will continue NOT having one for the next 3. I've completed my rehab work, and am reaping the economic benefits of these credits.

If anyone wants to learn more about how these work for you, feel free to email me at myerssugg@yahoo.com. These credits are making a difference in my neighborhood, and all over Durham & North Carolina.

AMS

dtd

Hope Valley is on the State Study List for a National Register listing, with a review date hopefully this summer, and a listing date of late fall.

John Schelp

West Durham and the Ninth Street shopping area have been a National Register Historic District since 1986. For income-producing properties, an increase from 5% to 20% in the existing state tax credit for rehabilitations of income-producing historic properties that also qualify for the 20% federal investment tax credit. In effect, the combined federal-state credits reduce the cost of a certified rehabilitation of an income-producing historic structure by 40%.

Plus, you can now apply for the tax credit AFTER you're done. This is new (and gives the property owner more flexibility).

This page has more background... http://www.owdna.org/district.htm

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