Commercial real estate outfit NAI Avant of Columbia recently announced a $7.5 million restoration project in conjunction with Sumter LLC to revitalize a vacant, abandoned downtown Columbia streetscape to produce mixed-use space retaining historical flavor.
Sumter LLC comprises Robert Lewis and Chris Rogers of Rogers, Lewis, Jackson, Mann and Quinn Attorneys at Law; Heather Mitchell and Randy Huth of The Boudreaux Group, plus one silent partner. Lewis and Rogers in particular have garnered recognition for their previous support of conservation efforts, while Mitchell and Huth specialize in historic design preservation.
Local constituents expressed enthusiasm for the imminent project. The project’s Phase I — 1519 Sumter Street — housed Powell Furniture following stints as headquarters for various other companies including a Sears, Roebuck outlet beginning in 1920, while two addresses on Taylor Street also dating from the early 20th century — Phase II — bear similar, historically significant architectural details.
“Any time you have historic buildings that haven’t been used in a while, it becomes a very exciting project for the area,” Lewis said. “Once new retailers and businesses occupy these historic buildings, you will see a lot of activity and rehabilitation.”
State and federal tax credits are expected to subsidize capital for construction, planned for incremental start dates over the next year.
“We have Columbia’s leaders in historic preservation overseeing every aspect of this project,” NAI Avant senior broker Macon Lovelace said. “This is a very unique project and we have already received interest from multiple tenants even while we are still finalizing the redevelopment plans.”
807 Gervais St
Columbia, SC - 29201