The Centre at 501
162
Jobs Created
$2,736,737
Tax Impact
$6,885,518
Income Generated
$9,353,796
GDP Added
$18,313,638
Output Generated
The Centre at 501, located in Springfield, Illinois, was originally built as the First United Methodist Church. The building stood as a historic downtown landmark for generations before being vacated in 2008. Now repurposed using federal Historic Rehabilitation Tax Credits, it serves as a mixed-use development, offering residential apartments and commercial office space while preserving historic features. The Centre at 501 supports the growth and well-being of the Springfield community, ensuring its legacy remains a vital part of the city’s future.
Project Type:
Historic RehabilitationTax Credit Type:
FederalAddress:
501 E Capitol Ave
Springfield, Illinois 62701