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Owner seeks $300,000 toward phased modernization of Stearns Building elevator after state placard
Summary
Managers of the historic Stearns Building at 293 Bridge Street asked the CPA panel for about $300,000 to restore one of two elevators that was recently placarded by the state; full modernization of both elevators is estimated at $1.5 million and would be done in phases to restore ADA access for tenants and the public.
Mike, the senior manager for the commercial property at 293 Bridge Street, told the committee that one of two elevators in the historic Stearns Building was placarded by the state and is no longer repairable. He said the building relies on upstairs tenants — including medical offices and nonprofit services — that…
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