L&L Building

DESCRIPTION

This project consisted of an extensive restoration of a historic building on Billings’ Southside—for instance, it had knee-deep pigeon guano on second floor. Although remnants of some windows, cornice ornament, and storefront remained, a considerable effort was required to bring the 1896 building into compliance with the Secretary of the Interior’s “Standards for the Treatment of Historic Properties”.

The 7,500 SF L&L Building had undergone alterations in the past and had not been maintained in recent decades. Significant structural reinforcing was required so that the 25-foot-wide building with stone foundations had sufficient lateral resistance. Welded steel brace frames were sensitively designed to work within the architectural intent of the project.

Story of investors—what motivated them?

LOCATION
Billings, Montana

SIZE
Building Gross Area: 7,500 SF
Commercial Area: 7,500 SF

TOTAL COST
$718,000

CAPITAL STACK
• Commercial Loan
• Private Equity
• Historic Tax Credits
• Revolving Loan Fund
• TIF Grant

COMPLETED
2005

PROJECT HIGHLIGHTS
2006 Excellence in Historic Preservation Award by Montana Preservation Alliance, Achievement Award from Yellowstone Historic Preservation Board