Renwick Building – New Apartments/First Floor Commercial

Doing-it-in-Davenport_Black

Total Investment: $4.2 million
Federal Historic Tax Credits: $834,000
State Historic Tax Credits: $1 million
City bridge loan: $1.8 million
Private Funds Leveraged: $2 million

324 Brady Street
Status: Ongoing
Projected jobs created: TBD

The Renwick Building on Brady Street dates to 1896 and is being renovated.

Restoration St. Louis continues their ambitous work that is reshaping and reinvigorating downtown Davenport. The Renwick Building project is a mixed-use development, combinging 18 market-rate apartments (with amazing large windows and cool urban views) and a first-floor commercial use that is currently confidential but is going to be a big shot in the arm for the central city.

Restoration St. Louis co-owner Amy Gill says the residential units should be ready to rent in April, with the first floor commercial space hopefully opening in June. Demand has been very high for the apartments, she added.

Originally constructed in 1896, the Renwick Building began its life as home to a succession of furniture showrooms and warehouses. Its design – created by local architect William Renwick – is in the style of late 19th Century Chicago Commercial with Romanesque touches.

We are excited to see yet another building resurrected into residential use, in what is now the fastest-growing census track in all of the metro Quad-Cities: downtown Davenport.

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