The Sherbert Group is proud to announce that The Powerhouse at University Center in Rock Hill, South Carolina, has been honored with the Journal of Tax Credits Historic Rehabilitation Award.
This award recognizes our efforts in transforming the former powerhouse structure into a vibrant mixed-use space featuring 37 apartments, an on-site brewery, restaurants space, an indoor/outdoor bar, and event spaces. This ambitious project required extensive demolition, remediation of six large boilers, and creative architectural solutions. Under guidance from the National Park Service, we also incorporated a striking four-story atrium to preserve the historic interior’s visual integrity.
To bring this vision to life, we utilized over $10 million in federal and state historic tax credits, along with state textile mill credits—a testament to the power of leveraging Historic Tax Credits (HTC) for meaningful redevelopment.
We extend our gratitude to our entire team for their dedication and perseverance in overcoming the many challenges of this project. A special thank you to our CEO, Tara Sherbert, for accepting this prestigious award on our behalf. Her leadership and passion for historic preservation continue to drive our success.
This achievement fuels our excitement for future revitalization projects, and we can’t wait to share what’s next. Stay tuned!
