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05-18-2007 Studebaker building to get $14 million rehabilitation
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05-18-2007 Studebaker building to get $14 million rehabilitation
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Luecke specifically praised Zeiger, who attracted and helped develop the project and <br /> agreement with Utah-based Heritage Restoration and Development Group LLC. The <br /> agreement will preserve one of only two Studebaker facilities that still will be standing in <br /> 2008. With federal funding, the city has aggressively demolished many of the "dinosaur" <br /> structures in the Studebaker corridor to make way for new light industrial investment. But <br /> unlike obsolete factories not subject to adaptive reuse, the Studebaker Administration <br /> Building retains some of the glory of those bygone days, including painted murals <br /> depicting the history of transportation. <br /> "This is yet another example of how historic preservation and economic development <br /> work hand in hand. Preservation is good business as is demonstrated by the fact that this <br /> large, historic building—off the local property tax rolls for more than 40 years —is being <br /> re-purposed for a new productive use,"Zeiger said. "Our rich historic past provides many <br /> opportunities for South Bend's future. We are pleased to have been able to play a key <br /> role in saving this building and bringing this project to South Bend." <br /> For information about leasing space within the building, contact Clark Chamberlain at <br /> (801) 898-3380. <br /> "I'm proud of South Bend's heritage and that this project finds a way to honor the <br /> Studebaker legacy as we move ahead to build a 20-century city," Luecke said. "It is said <br /> that history doesn't repeat itself, but that there are echoes of the past in our future. Thanks <br /> to Todd and others who show us that our future lies in finding new ways to use the best <br /> remnants of our past." <br /> - 30 - <br /> 4 <br />
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