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Historic Preservation

NOTTINGHAM•SPIRK INNOVATION CENTER

12-06-2019 by admin Leave a Comment

Role: Historic Tax Credit Consultant / Construction Manager
Total Project Cost: $14,000,000
Project Schedule: 18-month Construction Schedule

The Nottingham•Spirk Innovation Center is one of MCM’s premier accomplishments. The Historic Adaptive Re-use of a former Christ Scientist church into the corporate headquarters for a team of highly creative, local inventors is not your typical commercial construction project.

Sitting atop a prominent hill, overlooking Cleveland’s famed Little Italy, this project brought-forth the idea of marrying the craftsmanship of yesteryear with state-of-the-art construction technology available today.

Through the utilization of new lighting, computer designed technology elements, new infrastructure, and code upgrades, the once-neglected building was transformed back to its
original splendor. From the seamless construction of a 10,000 sf addition, to the complete restoration of the magnificent Pipe organ, uniquely talented craftsmen worked day and night
to complete this one-of-a-kind project.

Although the guidelines of restoring a historical landmark are challenging, our project management team ensured that this project was completed to the expectations of a twenty-first century business, while adhering to the requirements of the Federal Historic Tax Credit program as well as the guidelines for a Conservation Easement.

HEINZ SERVICE BUILDING

12-06-2019 by admin Leave a Comment

Role: Owner / Developer / Owner’s Representative
Total Project Cost: $37,657,000
Project Schedule: 16-month Construction Schedule

Vacant since 2008, the Service Building Project was transformed into 151 market-rate apartments. While maintaining the historic features of the building, the renovation provided energy efficient, cutting-edge design features including 60 micro-units to the existing Heinz housing complex.

The market for micro-units has developed in many cities across the country in order to fill a new demand created by a younger generation of the workforce. As such, there is a higher demand for relatively smaller apartments (approximately 400-500 square feet) for people in their 20’s and 30’s.

Due to the new concept of “home” identified by this younger generation, the conventional “home” is no longer defined by four walls. Rather, “home” has become their apartment as well as the building in which they reside. The building is the central component of the community where they spend their free time.

With that concept in mind, the property offers the most desirable, trendy, interior amenities including multiple community gathering spaces, an on-site bike repair shop, and fitness centers including virtual fitness.

The outdoor space brightens up the surrounding streets with LED lighting and landscaping, as well as an outdoor courtyard with multiple gathering spaces and a fire pit. Located on the North Side of the Alleghany River, directly across from the Strip district, the Service Building is adjacent to the riverfront bike path and less than one mile from the central business district of Pittsburgh.

The building was restored in accordance with the Secretary of the Interior Standards for Rehabilitation making it eligible to receive Federal Historic Tax Credits. The $36 million project generated approximately $7.9 million in Federal Historic Tax Credit equity.

The project received $1.5 million in RCAP grant funding through the State of Pennsylvania. The project created 400 construction jobs, and 15 new permanent jobs. The property, that was not previously on the property tax role, has generated approximately $350,000 in new property taxes annually.

 

OUR LADY OF MERCY CHURCH & SCHOOL – TREMONT

12-06-2019 by admin Leave a Comment

Role: Owner / Developer
Total Project Cost: $4,798,000
Project Schedule: 9-month Assignment

The former Our Lady of Mercy property was built by a Catholic Slovak parish established in 1922. The parish held services in a frame building on West 11th until the eight-room school and hall (basement) were completed in 1926.

The congregation worshipped in the hall until the church was built by the congregation two decades later in 1948. The rectory was constructed in 1958. The complex is located across the street from Lincoln Park in the heart of Tremont.

The project involves the historic rehabilitation of the vacant 28,300 sf Our Lady of Mercy Parish building and will also include a new warehouse building of approximately 2,300 sf and parking for 50.

Rather than relocate to the suburbs, MCM Company, Inc. and Hermes Cleveland, a sports and events management firm, entered into an agreement with the Diocese of Cleveland to purchase the property with the purpose of redeveloping the 30,600 SF complex as their business headquarters.

In addition to MCM and Hermes corporate headquarters, the existing Sanctuary and the former Rectory was renovated to provide unique, much-needed office space in the Tremont neighborhood. The property is within walking distance of many locally-owned, award-winning restaurants in Cleveland, including Iron Chef Michael Symon’s Lolita.

The $4.5 million project received both State and Federal Historic Tax Credits. The project created 70 construction jobs, and at least 60 new permanent jobs. The property, not originally on the property tax role, will generate $57,000 in new property taxes annually.

WITTENBERG FIELDHOUSE

12-06-2019 by admin Leave a Comment

Project Information:
Total Project Cost: $42,000,000
Project Schedule: 24-month Construction Schedule
Role: Development Consultant / Historic Consultant

The renovation of the historic Wittenberg Fieldhouse includes classrooms and offices for coaching and athletic administration. There is a new social space for alumni gatherings and fundraising events.

The renovation provides space for the creation of new academic programs including Exercise Science, Sports Management, and a Masters in Coaching. The facilities create state of the art indoor practice and training facilities, strength and conditioning space and updated public access areas.

The University has signed an “affinity agreement” with Mercy Health Systems to partner with multiple student and community-based health and wellness initiatives. Sports Medicine and Athletic Training classrooms were expanded or added to accommodate these programs.

The $42 million project is eligible for both Federal and State Historic Tax Credits providing $3.8 million and $5 million of equity to the project respectively. The project was completed in Fall 2019.

 

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MCM Company, Inc
2425 W. 11th Street, Suite 5
Cleveland, Ohio 44113
Phone: 216.302.3500
Fax: 216.589.9253

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