When Taylor Hollow Construction acquired the AC Wilson building on West Main Street in Radford, it had been vacant for 30 years and was very close to falling down. The reconstruction was completed this year and the historic building is now home to 10 beautiful two bedroom apartments for low and moderate income people and two commercial spaces. The New River Valley HOME Consortium provided $555,955 of local HOME funds to assist in the redevelopment of the property.
One of the commercial spaces has been leased to the Radford Coffee Company which uses the proceeds from the business to support a tax-exempt nonprofit that funds about six schools in Nicaragua. The other commercial space has been leased to Kibbles on Main, a long time Blacksburg business providing pet food and supplies that decided to open a second location in Radford.
AC Wilson was redeveloped by Taylor Hollow Construction, a New River Valley development company specializing in historic tax credit projects.
For further information, please contact Jennifer Wilsie (jwilsie@nrvrc.org), 540-639-9313, ext. 204.