From Markets Insider – “Twain Financial Provides $1.6 Million in Historic Tax Credit Equity to Charles River Speedway in Boston, MA”

Twain Financial Partners announced the investment of $1.6 million in federal historic tax credit equity for the historic renovation and adaptive reuse of the Charles River Speedway in Boston, MA. The Speedway is located in the North Brighton section of the growing Allston-Brighton neighborhood of Boston. The building was listed on the National Register of Historic Places in July 2010. The 1.28-acre site includes three adjoining parcels, including the original 1899 former historic racetrack administrative building and garage facility.

The “Why” of Preservation Matters Now More than Ever

When life as we have known it comes to a halt; when the bonds holding society together grow brittle; when we cannot gather for fear of harming each other – what remains to us are the stories we keep. The reminders of those stories take many forms. A building. A battlefield. A burying ground. These physical affirmations of our histories and values are all around us. They help us to see ourselves as part of a community spanning generations and, in so doing, make us feel less alone.

How Do You Move Stuck Projects Forward when the World Stops Moving? Tips for Preservationists during COVID-19

Historic preservation is tough under the best of circumstances. Add a global public health and economic crisis into the mix, and projects that normally would be considered difficult might seem downright impossible. However, the Coronavirus has also created opportunities for communities and nonprofits to address some of the thorniest and oft-overlooked obstacles impeding their preservation efforts.

From Architecture Boston – “Shifting Gears: The historic Speedway complex—hidden in plain sight along the Charles River—gets set for a reawakening”

If winter is cold and dark, at least snowdrops and the promise of spring give us hope and hint of new life. The cycles of change—to cities and the natural world—can remind us that places have souls to lose. Emotions may be mixed. There is a quiet richness to the reworking of existing buildings that has crept into the psyche of the design professions as they resurrect past aesthetics, juxtaposed against new imageries and an overturning of previous uses. Those cycles of change reel from catastrophic to delicately nuanced, and architects try to counter one and orchestrate the other.

The 2010s in Review

The end of a year, and especially of a decade, is a reflective and celebratory time. For AHF, this New Year’s Day is particularly meaningful, as it marks the end of ten years of exceptional growth that afforded us new challenges and opportunities. The 2010s began during a recession that stalled several of our historic preservation projects, yet concluded with a groundbreaking, site control agreement, launch of a fundraising campaign, and more.

From Curbed Boston – “Brighton’s Speedway project sets a date for groundbreaking”

The backers of a redevelopment of the long-shuttered Charles River Speedway at Western Avenue and Soldiers Field Road in Brighton plan to formally break ground on October 24. The most prominent feature of the multifaceted project—dubbed the Speedway—will be an outpost of the Salem-based Notch Brewery, including a taproom…The nonprofit Architectural Heritage Foundation (AHF) is overseeing the project, which is expected to be done in time for a summer 2020 opening. Construction started this month, and available retail spots of 250 square feet to 5,000 square feet are available.