For the Exterior Commercial Rehabilitation of 200 South Salisbury Street, Raleigh
Beneath the stucco and marble façade of an old bank building at the corner of Hargett and Salisbury streets in downtown Raleigh, James A. Goodnight discovered an historical gem. Built in 1920 for Raleigh Industrial Bank, the building’s decorative brick stone façade in Classical Revival style was completely covered in 1972 with a flat stucco and marble exterior that was a popular architectural feature of the decade.
James A.Goodnight, through one of his LLCs, purchased the building for $700,000 in July 2012. It was only after he began to remove the interior sheetrock that he discovered that many of the original windows, hardwood flooring, and even the bank’s original after-hours deposit box, were still extant.
The rehabilitation included the removal of the 1972 façade to restore the original exterior detailing back to its original splendor including arched upper floor windows, an ornamental cartouche and decorative cornice; demolishing non-original interior walls, restoring plaster, and creating a shell space for a future downtown business. The rehabilitation and restoration process has included extensive repairs to the badly damaged brick masonry with sensitivity to composition, color, texture and hardness.
Architect for the rehabilitation was Maurer Architecture. General contractor was Ellington Contractors. The building is a contributing structure in the local historic district, but is currently listed as non-contributing structure in the National Register Historic District. A reclassification is anticipated, however, in light of the recent rehabilitation, opening the way for the owner to be eligible to receive historic preservation rehabilitation tax credits.
The “buzz” around the project has been nothing short of incredible. While few can identify the property by its address, the thousands who drive and walk by on any given day know on sight that this is clearly Raleigh’s latest “jewel in the crown.”
The Board of Directors of Capital Area Preservation, Inc. is pleased to present a 2013 Anthemion Award to James A. Goodnight, Maurer Architecture, and Ellington Contractors for the Exterior Commercial Rehabilitation of 200 South Salisbury Street, Raleigh.