How can I find historical properties available for development in the city?
Monroe is rich in history, and the Ouachita Candy Company is not the only historic property located within the downtown area. As part of Phase 1 and Phase 3 of our Downtown Strategic Plan, Campo Architects produced several overview maps that show the general age of buildings in the 25-block downtown area that are 50 years and older, making them eligible for historic tax credits and other incentive programs. You can also find out more about the historic district, Cultural District, and National Register designations on the Louisiana Office of Cultural Development site.
What are the criteria for developing a historical property?
Criteria for developing historic properties can vary widely, but the City of Monroe wants to see as much character properly preserved in its historic buildings. These buildings are the “fingerprints” of our community and lend a unique personality to our City. For the Candy Company specifically, developers should provide a comprehensive approach to achieving the project goals outlined in the RFPs. The city is open to various development options, ensuring the preservation of the property’s historical essence.
Are there any preservation guidelines for developing historical properties?
Yes, preservation guidelines are essential if developers are leveraging incentives such as historic tax credits, especially for properties in the Louisiana National Register District or the Louisiana Cultural District.
How do I submit a proposal for the development of the Candy Company?
Proposals can be submitted as per the guidelines provided in the RFPs issued by the city. For the Ouachita Candy Company building, developers can email Kelsea.McCrary@ci.monroe.la.us for more information.
What incentives does the city offer for the development of historical sites?
For the Candy Company building, the city has acquired the property and owns the riparian rights, making it an attractive proposition for developers. Additionally, a Brownfield Assessment has been completed on the property and a Brownfield Cleanup grant was just received. For more information about which incentives could apply to the property, be sure to check out the matrix of developer incentives that Campo pulled together in phase 1 of the Downtown Strategic Plan.
Are there any restrictions or limitations when developing a historical property?
While the city is open to a wide range of development options, it’s crucial to maintain the historical essence of the property. Any development should align with the city’s vision and the property’s historical significance. Restrictions to historic properties vary by location, but especially for those looking to take advantage of incentives, restrictions can apply. For more information about the state’s historic tax credit program or the National Register tax credit, check out the Louisiana Office of Cultural Development site.
In conclusion, the City of Monroe is committed to preserving its historical landmarks. The revitalization of the Ouachita Candy Company building is a testament to the city’s dedication to its rich history and a brighter future.
For more information, go to https://oneroe.city/candyco/.
