Major Cambridge Landmark Renovation Complete
The former Potter-Davis Furniture Store located in Cambridge’s downtown historic district had laid vacant for several years. Now, after months of planning, the $4.3 million renovation project restored the building to its early 1800’s splendor. A partnership of the Area Agency on Aging, Region 9 (AAA9), the City of Cambridge, and the Guernsey County Port Authority, worked cooperatively on the project that had brought more than 120 jobs into the building–and into the downtown. Potter-Davis became the new home of the AAA9, which was previously housed in three different temporary locations. Funding sources included federal and state historic tax credits, JobsOhio Revitalization funding, the City of Cambridge, Port Authority bonds, and financing with WesBanco. A local philanthropic organization of business persons, the Community Industrial Association (CIA), provided additional funding through a line of credit to cover costs exceeding budget estimates. The building, located in the heart of downtown Cambridge, is expected to provide a significant “uptick” in patrons to stores and restaurants in the area. In addition to employees, the offices are visited by a large number of clients on a daily basis. The project was a “win” for all.