The Richmond-based missionary group is seeking a permit for two five-story buildings that would fill a surface parking lot and replace an office building.
12:51 PM EST Share The bank wants to preserve its building Downtown; apartment developers want to support retail along Riverside Avenue.
Regions Bank is seeking $1.1 million in city grants and assistance for the $2.633 million rehabilitation and preservation of its headquarters building Downtown at 51 W. Bay St.
The Downtown Investment Authority’s Strategic Implementation Committee will consider the request at its meeting at 10 a.m. Jan. 14 at the Main Library Conference Center.
The request comprises $900,000 from the Downtown Preservation and Rehabilitation Program and a $200,000 economic development grant.
The property, the historic Old Bisbee Building, was constructed in 1909. It is considered one of the most historic properties in Downtown for its contribution to the resurgence of the city following the Great Fire of 1901 and its architecture.