Neighboring Concepts was the architect and co-developer for Lafayette Place, a mixed-use, adaptive re-use project in the Historic District of downtown Shelby. This conversion of the former Belk Stevens department store, a dilapidated but significant structure, provided the centerpiece for Shelby’s downtown revitalization. Fundraising for Lafayette Place included Historic Tax Credits and innovative financing through a local investment consortium.
The adaptive re-use of this project was very instrumental in sustaining a vacant dilapidated site in a vital part of downtown Shelby, North Carolina. The transformation was very critical to the success and sustainability of Shelby’s main street. There was no additional impervious area added to the existing site, which not only added commercial retail and office space below, creating activity on the street level, but also included new apartments on the second level.