Historic tax credits

Graphics in the lobby at the Civic Theatre
Tim Rudell / WKSU

The planners charged with imagining how Akron’s downtown will grow and change over the next 10 years held their third and final gathering Wednesday night at the Akron Civic Theatre.

Landmark Building neighbors on Main Street
TIM RUDELL / WKSU

Several projects in Akron are going to be sharing more than $5 million dollars in historic tax credits.

They are part of Akron’s Bowery project, a plan to redevelop the Landmark building as well as five other buildings on Main Street.

Beth Borda of the DeHoff Development Company says the awards will help the project reach its goal of improving Downtown Akron.

Landmark Building
Tim Rudell / WKSU

 

In announcing a $33 million plan to revitalize a historic block of south Main Street, Akron Mayor Dan Horrigan called it a foundation for development.

The 158-foot-tall Landmark Building at the corner of Main and Bowery opened in 1923 as the Akron Savings & Loan. It’s empty; it has been for years along with the buildings between it and the Akron Civic Theatre next to Lock 3. The city holds title to the blighted block and has tried to for years to find a workable way to bring it back to life.