Andrew Kalnow

$1.6M residential rehab project receives tax credits

Historic restauration awarded $250,000 to offset restoration costs

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Copyright AH Kalnow. Photos may not be reused without permission.

TIFFIN, OHIO – August 14, 2018 – Three residential properties in Tiffin’s historic Fort Ball district were awarded Ohio Historic Preservation Tax Credits in the Ohio Development Services Agency’s latest funding round. Monument Properties LLC received a nearly $250,000 credit for the renovation and restoration of 24 and 25 Adams St. and 149 Frost Pkwy, a nearly $1.6 million project.

Monument Properties LLC Owner Andrew Kalnow said the credits will allow for the proper restoration of the buildings’ original architecture. “It is imperative that we keep the historic integrity of the buildings while updating them for modern use. Recouping some of those costs through tax credits makes that goal more feasible.”

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Copyright AH Kalnow. Photos may not be reused without permission.

The three residential buildings are located in Tiffin’s Fort Ball – Railroad Area Historic District. Their construction dates range from c. 1856 to 1895. The building at 25 Adams St. is in Queen Anne style and 24 Adams St. is in Italianate style. After rehabilitation, the buildings will serve as apartments and bed-and-breakfast suites. One building may house a small retail space. The project will move forward contingent upon continued due diligence.

France Hall, a 1926 dormitory located on the campus of Heidelberg University, also received credits in the latest funding round. The three-story building will be rehabilitated to continue use as a dormitory, and the attic space will be finished to provide additional space for meeting rooms. Historic features of the Modern English Gothic-style building will be retained, and ADA accommodations, contemporary mechanical and safety systems, and bathroom updates will be added. The $14.6 million project was awarded nearly $1.5 million in Ohio Historic Preservation Tax Credits.

Tiffin Mayor Aaron Montz applauded the focus on preservation. “We have many beautiful, historic buildings and homes in our community. These restoration projects are outstanding examples to other historic building owners looking to make improvements without sacrificing the elements that make these buildings unique.”

2018 Ohio Historic Preservation Tax Credits
The Ohio Development Services Agency awarded $30,228,955 in Ohio Historic Preservation Tax Credits for the rehabilitation of 31 historic buildings. Together, the projects are expected to leverage approximately $348 million in private investment in 13 communities. The awards include projects in two new communities (Somerset and Lorain), bringing the total number of Ohio communities with historic preservation tax credit projects to 67.

About SIEDC
Started in 1983, the Seneca Industrial and Economic Development Corp. (SIEDC) is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.senecasuccess.com.

2018 SIEDC Award winners

SIEDC AwardThe SIEDC Awards are presented each year at the SIEDC Annual Meeting to recognize businesses and individuals in the Tiffin and Seneca County community. Not every award is given each year, only when the Membership & Events Committee and/or the president or chairperson deem a company or individual deserving of the particular recognition.

This year, the following seven awards were presented. Click the links below for additional information and a video about each award winner.

2018 President’s Award – Andrew and Cindy Kalnow

The 2018 President’s Award was presented to Andrew and Cindy Kalnow. SIEDC President & CEO David Zak chose to give this award to the Kalnows to recognize their contributions to the community.

“It’s wonderful to have the opportunity to publicly thank them, for what they mean to this community and everything they’ve done,” Zak said. “Their passion for preservation, drive for excellence and quality,  and caring for the community.”

The Kalnows have been involved in the Tiffin community for many years, and in a myriad of different ways, contributing to economic, downtown, and community development. Recent large projects include:

  • The purchase of National Machinery LLC in 2002, reopening the facility and bringing jobs back to Seneca County. National is now the largest private employer in Seneca County.
  • The purchase and restoration of the East Tower. The purchase of the building saved this historic landmark from demolition and further investment has readied it for development.
  • The opening of Hawkes Crystal in downtown Tiffin. By purchasing the former Crytal Traditions business, the Kalnows were able to keep the Tiffin glass tradition alive and continue to offer custom glass in a beautiful downtown show space.
  • The restoration of 136-138 S. Washington St. and the opening of the Empire at 138, downtown Tiffin’s premier fine-dining establishment. The restaurant has consistently ranked at the top of restaurants in northern Ohio.
  • Creation of the East Green park and pavilion. The Kalnows used their own private capital to fund this large-scale community project. The amphitheater will be completed in summer of 2018 and inaugurated with a summer concert series. A second phase is also planned for the site, to include a splash pad and community garden.

These are just a few of the projects in which the Kalnows have been involved in recent years.

Tiffin Mayor Aaron Montz joined in recognizing Andrew and Cindy. “When I think of model citizens or individuals who have contributed in virtually every way possible to a community, Andrew and Cindy, you’re the first two that come to mind,” Montz said.

 

About the President’s Award
The President’s Award is given by the SIEDC President & CEO to an individual or business deserving of special recognition. It is not given out every year.