Construction Started on Upham Building (aka Security Building)
Construction has started at the University Avenue elevation of the Upham Building, commonly known as the Security Building. Deteriorated bricks are being removed and deteriorated mortar joints are being raked in preparation for repointing. Currently, the contractor (Acme Tuckpointing) is evaluating the steel lintels and subsequent damaged brick for replacement. Businesses on University Avenue below the pedestrian scaffold protection are open during construction!
The owner of the Security Building contacted PVN when contractor bids for exterior masonry repair varied by nearly 200%. (The facade required substantial masonry repointing and some material repair.) PVN worked with the building owner to apply for state and federal historic tax credits, develop an efficient design and application process, develop documents for bid, identify qualified masonry contractors, and then assist the owner with obtaining and reviewing bids. The historic tax credit applications were approved, and PVN introduced the client to accounting resources in order to effectively certify the project for tax credits, and verify that the building ownership structure can efficiently claim the credits. The project was successfully approved and now construction is underway.
Read more about PVN's contribution to the project here.