TURNER-TODD MOTOR COMPANY PROJECT APPROVED FOR FEDERAL TAX CREDITS

01/18/17

For Immediate Release
January 18, 2017


Media Contact: Jacqulyn Kirkland, 334-230-2690 or jacqulyn.kirkland@ahc.alabama.gov
     
TURNER-TODD MOTOR COMPANY PROJECT APPROVED FOR FEDERAL TAX CREDITS

In December 2016 the Turner-Todd Motor Company project in Mobile, Alabama, was approved by the National Park Service for the twenty-percent federal rehabilitation tax credit program.

Also known as the Buick Building, the structure is individually listed in the National Register of Historic Places.

The Turner-Todd Motor Company was completed in 1926 as an automotive dealership located within the “Automobile Alley” on St. Louis Street.
The storefront windows, originally part of the automobile showroom, once made visible the shiny new Buicks available for purchase. Vehicular doors allowed entry into service areas as well as a concrete ramp that led to the second level auto storage.

The structure is now utilized as a commercial office space, a portion of which is home to Rogers & Willard, a Mobile based contracting firm who also completed the rehabilitation of the building.

The multi-pane steel windows were restored, and the main entrance canopy was replicated using historic photos. Concrete and wood floors, brick walls, and timber ceilings create a historic backdrop for the new office space.

The once-vacant buildings that made up the original “Automobile Alley” are garnering much attention from investors with rehabilitations similar to the Turner-Todd Motor Company project.  

The National Park Service oversees the Preservation Tax Incentive program jointly with the Internal Revenue Service (IRS). To qualify, the building has to be listed in the National Register, either individually or in a historic district. Additionally, the property must be used for income-producing purposes. For more information concerning standards and guidelines please visit www.nps.gov/tps/tax-incentives.htm and http://ahc.alabama.gov/federaltaxcredits.aspx

The Alabama Historical Commission manages the program for the National Park Service in the state of Alabama. The Commission administers the federal restoration guidelines so the historic materials and look of the building remain.

Renovating and reusing these historic buildings is a win-win situation for the owner and the community.
To learn more about the tax incentive, visit http://ahc.alabama.gov/federaltaxcredits.aspx or contact Chloe Mercer at 334-230-2669/ chloe.mercer@ahc.alabama.gov.

About the Alabama Historical Commission
Located in historic downtown Montgomery at 468 S. Perry Street, the Alabama Historical Commission is the state historic preservation agency for Alabama. The agency was created by an act of the state legislature in 1966 with a mission to protect, preserve and interpret Alabama’s historic places. AHC works to accomplish its mission through two fields of endeavor: Preservation and promotion of state-owned historic sites as public attractions; and, statewide programs to assist people, groups, towns, and cities with local preservation activities. For a complete list of programs and properties owned and operated by the AHC, hours of operation, and admission fees please visit http://ahc.alabama.gov/  

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