City of Parkersburg awarded $100,000 building rehabilitation grant: Money will be used to rehabilitate former True Value building

The former True Value building in downtown Parkersburg will soon be renovated with help from a $100,000 Community Catalyst Building Rehabilitation grant. (Michaela Kendall/Eclipse News Review photo)

Soon enough, a new life will be breathed into an old building in downtown Parkersburg. Late last week, the City of Parkersburg received word that they had been awarded a $100,000 Community Catalyst Building Rehabilitation Grant from the Iowa Economic Development Authority.

The grant - which assists communities with redevelopment, rehabilitation and deconstruction of buildings to stimulate economic growth and reinvestment in the community - will be used to rehabilitate the former True Value building in downtown Parkersburg.

City Administrator Chris Luhring - who led the grant application process - said it was hard for the city to pick just one building for the redevelopment project, but after scoring the different buildings, they landed on the former True Value building as the candidate.

“It was difficult to choose just one building for the grant because there are several buildings that have a significant need,” Luhring said. “We eventually landed on the former True Value building because of its location right in the middle of downtown, and because it has a lot of potential in both the commercial storefront and the residential apartments above to increase the economic capacity of town.”

For the full story, see this week’s Eclipse News-Review. Subscribe by calling 319-346-1461 or by clicking here.