Lancaster Renovation Project Reaches Halfway Mark
The Center completed this project in July 2022. See the finished building or meet one of the building’s tenants in this video.
In April 2021, the Center reached the halfway point in its extensive renovation of the Parker J. Noyes building on Main Street in Lancaster!
Over the winter, crews filled the interior with stairs, an elevator shaft, framed walls and ceilings, and then moved on to finishing the mechanical, electrical, and plumbing systems. .
The renovation will create retail space on the first floor and apartments on the second and third floors of the 11,000-square-foot building, supporting Lancaster’s role as an economic hub for the North Country. The building is listed on the NH State Register of Historic Places.
At the end of March, Program Director Julie Renaud Evans hosted George Born, the Historic Resource Specialist with New Hampshire’s Land & Community Heritage Investment Program (LCHIP). LCHIP is a significant funder of the project and checked on the project’s progress at its fifty percent completion milestone.
The Center’s Lancaster Main Street Fund is attracting investors who want to put their money to work to benefit the community while also receiving a financial return on their investment.
The Center has secured significant financing for this $2.9-million project, including a mix of tax credits, public and foundation grants, charitable gifts and impact investments. Based on funds raised to date, $100,000 or 3 percent of the funding is from federal sources; $2.8 million or 97 percent is expected to come from non-federal sources.