This historic corner store at 1601 Bull Street lines the Bull Street corridor at the northern end of the Thomas Square Streetcar National Register Historic District in Savannah, Georgia. Constructed in 1897, the building, which includes an attached two-story dwelling, features many high-Victorian style architectural details including a turret over the corner entry. The building was vacant for over a decade and was in a significantly deteriorated condition. Wells Anderson Construction and Matthew Allan formed 1601 Bull Street LLC and purchased the building in 2015 to rehabilitate the structure and install new commercial and residential tenants.
In 2018, it received the Excellence in Rehabilitation Award from the Georgia Trust for Historic Preservation and the Historic Preservation Award from Historic Savannah Foundation in grateful recognition of outstanding accomplishment in the preservation and protection of Savannah’s distinctive heritage.
Ward Architecture + Preservation completed federal and state historic rehabilitation tax incentive documentation and applications for the owner. These tax credits and a property tax freeze were certified upon completion of the project in 2017. The rehabilitation plans, prepared by Hansen Architects, included five residential units in original bake house and former storage area and one large commercial space in the ground floor anchored by the original corner store entry.
The income producing use, along with the amount of work and expenses needed, allowed the rehabilitation to qualify for state and federal historic rehabilitation tax incentives. These incentives include a state property tax freeze for an eight to ten year period, a state income tax credit of 25% of qualifying rehabilitation expenses, and a federal income tax credit of 20% of qualifying rehabilitation expenses and for the property owner. Documentation and written applications needed to obtain these incentives were prepared by Sarah Ward with Ward Architecture + Preservation. Rehabilitation of the building was completed in 2017 and the tax incentives certified by both the State Historic Preservation Office and the National Park Service.
Ward Architecture + Preservation