AP NEWS

W-B Mansion Project Receives Historic Preservation Credit

August 10, 2018

WILKES-BARRE — The rehabilitation of a mansion in Wilkes-Barre is one of 21 projects across the state to be awarded a share of $3 million in historic preservation tax credits. A $10,000 tax credit will help offset the $99,500 in estimated construction costs to rehabilitate the historic Welles Mansion on West South Street, according to Gov. Tom Wolf’s office. The mansion is owned and managed by longtime Wyoming Valley resident Melissa Owens and Citizens’ Voice reporter Bob Kalinowski through their company Southstreet Investment Group. “Melissa and Bob have embarked on a mission to restore and preserve one of the true gem properties of Northeastern Pennsylvania. We strongly believe in historical preservation and are humbled the state of Pennsylvania felt our project was worthy,” they said in a statement. The property will be mixed use, to include residential elements and office space. The U.S. Department of Interior’s National Park Service has certified the mansion as a historic structure that contributes to the significance of the River Street Historic District. The property, built in 1895, was home to the Welles family, one of the most prominent families in the region’s history. Southstreet Investment Group purchased the property in March 2017. The 21 projects statewide will invest about $257 million to preserve historic buildings, Wolf’s office said. The Historic Preservation Tax Credit program is administered by the Department of Community and Economic Development and the Pennsylvania Historical and Museum Commission. The program helps with the “repurposing of empty buildings into active, vibrant sites for new businesses,” said DCED Secretary Dennis Davin, adding that it helps strengthen local economies. “When we revitalize historic sites, we create jobs for more Pennsylvanians across the commonwealth.” — STEVE MOCARSKY

AP RADIO
Update hourly