Title
(CONTINUED FROM JUNE 19, 2019) - Warehouse and Threatened Building Grant for Fuller (W.P.) Paint Company Warehouse (Ordinance S-45826)
Description
Request to authorize the City Manager, or his designee, to enter into necessary agreements and conveyances with NIXDT, LLC, an Oklahoma limited liability corporation, related to a Historic Preservation Warehouse and Threatened Building Grant of up to $200,000 for the Fuller (W.P.) Paint Company Warehouse located at 117 E. Jackson St. in the Downtown Redevelopment Area. Further request authorization for the City Controller to disburse all funds related to this item.
Report
Summary
The Fuller Paint Company Warehouse was constructed in 1929 for W.P. Fuller & Company, a company that eventually included storage of glass, paint and oil products, as well as offices and a retail operation that encompassed not only the 117 E. Jackson St. property, but three additional parcels immediately to its east. The building later housed Beacon Upholstery. The 1929 brick building is a red brick building with raised parapet, steel trusses and full basement, with some changes to original openings such as an enclosed front-loading bay on the north façade. The building is significant as an important and increasingly rare example of a utilitarian brick warehouse located in Phoenix’s industrial downtown hub adjacent to the railroad siding on Jackson Street.
The warehouse was designated on the Phoenix Historic Property Register in July of 2009 as part of the Jackson Street PUD that called for its preservation, rehabilitation and a conservation easement. A demolition permit was requested on Jan. 22, 2019 and denied. Currently, there is a one year stay of demolition on the property, although approval of a major amendment to the Jackson Street PUD would be required prior to issuance of a demolition permit.
NIXDT, LLC, an Oklahoma limited liability corporation, is the property owner. Andy Patel, Anish Hotels Group, is the applicant. They are proposing to build a new limited service extended stay hotel on the site that includes the three adjacent parcels to the east and to rehabilitate the historic building for use as a lobby for the new hotel. The grant request is to provide reimbursement toward the following items: new roof and roof decking; sensitive removal of paint from the brickwork; repair of damaged brick;
repair of documented structural issues and appropriate window replacement where necessary.
Financial Impact
The amount requested for the Warehouse and Threatened Building grant is $200,000. The total project budget for the historic building rehabilitation is estimated between $1,170,000 to $1,450,000. In an effort to save the historic building and assist in the added costs of rehabilitation, the Community and Economic Development Department (CEDD) has made up to $200,000 in funds available and will be disbursed to the applicant when work is completed and inspected. CEDD funds are appropriate for this project provided it will result in net new job creation, new hotel revenues and the property is located in the Downtown Redevelopment Area. The applicant will be required to provide a dollar-for-dollar match, which may include exterior work items as well as items not typically eligible for Warehouse and Threatened Building grant funds, such as plumbing, electrical, mechanical, interior or site work. In exchange for the grant funds, the City will receive a 30-year conservation easement on the property. The easement will require that the property be preserved, insured and will be maintained in good repair. Funds are budgeted in the Community and Economic Development Department Capital Improvement Program budget.
Concurrence/Previous Council Action
The Historic Preservation Commission recommended approval of this item on May 20, 2019, by a vote of 6-0.
This item was recommended for approval at the Planning and Economic Development Subcommittee meeting on June 4, 2019, by a vote of 4-0.
Location
117 E. Jackson St.
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Planning and Development Department.