Historic West Grand Opening

For West Elementary School the days of reading, writing and arithmetic are over. The Rhinelander landmark is now Historic West Elementary, an apartment complex for older adults.
Wednesday marked the ribbon-cutting ceremony, opening the new building to the public. The Rhinelander Housing Authority (RHA) teamed up with the Commonwealth Company, the development firm that built One Penny Place in Woodruff. Nancy McKenzie, Executive Director of RHA, said the renovation project involved converting the school into 24 apartments. It is being financed through historic tax credits. After the building was placed on the national registry of historic places, historic tax credits were awarded.
These tax credits were sold on the open market to a syndicator, Wachovia. This is a way for them to reduce their tax burden. The arrangement will last for 15 years after which time the housing authority will own the building outright. This is the first housing development for RHA in thirty years, right from the beginning and is a collaboration of seven agencies.
The kindergarten room, complete with fireplace, was the first to be rented. Of the 24 units available, only six are left to be rented. Rents range from $285 for a one-bedroom unit to $585 for a two-bedroom unit. McKenzie said this is an excellent example of what can be done with surplus buildings. State Senator Roger Breske, on hand for the ribbon cutting, said, "This is great for the City of Rhinelander, a big boon for the city and the surrounding community. Things can happen and can get done".
Amenities include a beauty salon, exercise room, library, an arts and crafts room and a media room. It also includes a movie theater. Twenty garages are available and the outdoor playground equipment will stay.
The building is open to those 55 and older. An income eligibility test must be completed before a tenant is approved. Historic West will be ready to accept tenants September 1.
