New meaning for ‘Town & Gown’: community revitalization, preservation and partnership rnrnWinchester, VA – Howard Shockey & Sons, Inc. has been selected as general contractor to rehabilitate a historic building into graduate student housing for Shenandoah University. rn
rnrnShenandoah University plans to offer apartment-style housing for 33 to 35 graduate students in the 16,000 square-foot building, which is located on Winchester’s downtown pedestrian mall. Approximately 2,500 square feet of ground-floor retail space will be set aside for commercial use. University officials believe the apartment-style housing will add increased energy and vitality to Winchester’s downtown.rnrnrnThe project will utilize historic rehabilitation tax credits, which are designed to stimulate local job growth and to revitalize urban and main street communities through reinvestment in historic properties. Compared to new construction, building rehabilitation spends less on materials and more on labor. Because labor tends to be local, money spent on it will stay longer in the community.*rn rn
rnrn”Adoptive reuse is becoming very popular across the Commonwealth – communities see real value in reusing structures