FOR IMMEDIATE RELEASE
December 6, 2024
Richmond Neighborhood Restoration (RNR) is thrilled to announce the acquisition of 800-808 East Main Street, the former US Bank Building, in partnership with Revitalize Richmond, a strategic funding initiative by Earlham College.
In recent weeks, RNR collaborated with out-of-town realtors and investors to facilitate the transition of this property from bank ownership to local stewardship. This strategic move prevents the building – including a 60-spot parking lot across 8th Street – from falling into the hands of absentee, out-of-town owners, ensuring it remains part of the broader effort to revitalize downtown Richmond.
“This project will not look like our traditional projects,” states Roxie Deer, Executive Director of RNR, “we wanted to secure this building using the Revitalize Richmond funds to prevent the building from falling to out-of-town owners.”
Now that the property has been secured, RNR will enter into a strategic and deliberate process to determine the highest and best use of the building for the benefit of the community.
The building, which was vacated during the 2020 pandemic, includes 3 original vaults, two functioning elevators, a beautiful mezzanine, and plenty of private office spaces.
“The potential this building has for our downtown is immeasurable. We are working with all major stakeholders to identify its end use, but we can sleep a bit easier knowing that the ownership is with a trusted local nonprofit,” states Dakota Collins, Director of Community Relations for Earlham.
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For more information, please contact:
Roxie Deer
Richmond Neighborhood Restoration
317-760-3822
[email protected]
rnrinc.org
Dakota Collins
Earlham College
765-983-1344
[email protected]
revitalizerichmond.org
Richmond Neighborhood Restoration (RNR) is thrilled to announce the acquisition of 800-808 East Main Street, the former US Bank Building, in partnership with Revitalize Richmond, a strategic funding initiative by Earlham College.
In recent weeks, RNR collaborated with out-of-town realtors and investors to facilitate the transition of this property from bank ownership to local stewardship. This strategic move prevents the building – including a 60-spot parking lot across 8th Street – from falling into the hands of absentee, out-of-town owners, ensuring it remains part of the broader effort to revitalize downtown Richmond.
“This project will not look like our traditional projects,” states Roxie Deer, Executive Director of RNR, “we wanted to secure this building using the Revitalize Richmond funds to prevent the building from falling to out-of-town owners.”
Now that the property has been secured, RNR will enter into a strategic and deliberate process to determine the highest and best use of the building for the benefit of the community.
The building, which was vacated during the 2020 pandemic, includes 3 original vaults, two functioning elevators, a beautiful mezzanine, and plenty of private office spaces.
“The potential this building has for our downtown is immeasurable. We are working with all major stakeholders to identify its end use, but we can sleep a bit easier knowing that the ownership is with a trusted local nonprofit,” states Dakota Collins, Director of Community Relations for Earlham.
###
For more information, please contact:
Roxie Deer
Richmond Neighborhood Restoration
317-760-3822
[email protected]
rnrinc.org
Dakota Collins
Earlham College
765-983-1344
[email protected]
revitalizerichmond.org