Other Central City
The Skylar Building is a rehabilitation of, and an addition to, an early 20th-century manufacturing and distribution plant that created a 101,000-square-foot office building designed for companies and employees in the high-tech service industries. Located in Little Italy, Skylar is inner-city yet accessible to commuting workers, who benefit from its location in a lively neighborhood that is as active in the evening and on weekends as it is during the day. The developer commissioned a study that led to the building’s designation as a historic building, then spun off the resulting tax credits to raise capital for redevelopment. As a result of the redevelopment, the neighborhood has 350 new high-paying jobs, and enough daytime traffic to have justified the city’s construction of a new public parking structure, which has alleviated Little Italy’s chronic lack of adequate nighttime parking.
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Case Study/Profile Type: DCS
World Region: North America
Developer(s): Struever Bros., Eccles & Rouse Inc