Kaumudhi Nalubolu

RENOVATING PERRY BUILDING

INTO ASHOPPING MALL

Perry Building is one of the most historic, identifiable, and architecturally significant buildings in the area. it was designed by Isaac Perry in 1876.It is Located in the center of downtown Binghamton. this was a first for Binghamton and in fact was never to be repeated in the area.

The Perry Building was a home to McLean's Department Store for many years.and later it was shut down.

HISTORY

PLANNING Factors

• Availability of Market

• Suitability of Space

• Local Policies on Renovation

Priorities before getting started1. Thoroughly inspect the buildings interior and exterior, including roof and basement�

2. Prepare a budget.

3. Hire an architect

4. Consider Financial Incentives (local, state, federal): Tax Credits and Grants

• Removal of inappropriate materials

• Repair structural problems

• Weatherproofing

BUDGETINGCost

Flooring $70,000

Lighting $100,000

Painting $15,000

Furniture $200,000

Marketing $150,000- Local ads, radio,

Air Conditioning $50,000

$585,000

QUESTIONS?